[ANN - ICO] ThinkCoin: Peer to Peer Multi Asset Trading on the Blockchain

[thinkcoin.io]

Do you have any competitors on the market?

Other platforms are trying to bring financial trading to the blockchain, but we took a unique approach by rewarding people for using our platform. This alone should encourage the growth of Tradeconnect, with the added fact that we're building a one-stop-platform where every financial product can be traded, from forex and commodities to cryptocurrencies and stocks.

[1714902170]

1714902170

[Kriptos]

Do you have any competitors on the market?

Other platforms are trying to bring financial trading to the blockchain, but we took a  unique approach by rewarding people for using our platform. This alone should encourage the growth of Tradeconnect, with the added fact that we're building a one-stop-platform where every financial product can be traded, from forex and commodities to cryptocurrencies and stocks.

This project has a concept of a mature and highly appropriate to the situation and the conditions are indeed needed, furthermore there is already a fact about this as it was already mentioned above hopefully, this project forward bring many benefits and gives much convenience for us.

[DammeClaudeVanJean]

"4. What benefits are there to holders aside from the expected price increases?
Holders of ThinkCoins will be able to use them to trade on the forthcoming TradeConnect trading network.

This unique token economy will distribute the majority of the Connect Fees (our version of trading Fees) back to the TradeConnect community."

Can anyone answer how distributionmade? the connect fee is percentage?

The connect fee is not set in stone, and will be responsive to use of the platform in order for TradeConnect to be an attractive trading network. 25% of the Connect Fee will go to running the network, whilst the other 75% will go directly back to users of the platform.

The funds will be gathered into pools, one for makers (those who add orders to the orderbook and boost liquidity), who will receive 50%. The other pool is for takers, (those who take match orders already on the book and remove liquidity), who receive 25%. These pools will be sent out at the end of each day.

I hope this helps answer your question.

so is it charged per transaction or differently?

Per transaction, with the majority of the fee being gathered and sent back to users at the end of each day.

How will you decide how much each user will get,from that fee?

[TreborHead]

How many TCO will i get if i invest 1 ETH during this sale period,with 45% bonus?

Price of 1 TCO is $0.30. So amount off tokens you get for 1 ETH varies, depending on the ETH value.

We are currently in the pre-ICO stage, with tokens set at $0.21 and a 45% additional onus. $0.30 will be the ICO price.

when exactly take place will the ICO of the project ThinkCoin?
It seems to me, that these tokens should be bought for the future, because the idea of this project is quite intriguing.

ICO Start date 15 May 2018 (00:00 UTC)
ICO End date 25 May 2018 (23:59 UTC)

Hope this helps!

So, if the softcap is not reached does the ICO extend or do you do some other corrections?

Softcap will be reached for sure, this is awesome and very promising project with great team behind it!

[Kuksi]

"4. What benefits are there to holders aside from the expected price increases?
Holders of ThinkCoins will be able to use them to trade on the forthcoming TradeConnect trading network.

This unique token economy will distribute the majority of the Connect Fees (our version of trading Fees) back to the TradeConnect community."

Can anyone answer how distributionmade? the connect fee is percentage?

The connect fee is not set in stone, and will be responsive to use of the platform in order for TradeConnect to be an attractive trading network. 25% of the Connect Fee will go to running the network, whilst the other 75% will go directly back to users of the platform.

The funds will be gathered into pools, one for makers (those who add orders to the orderbook and boost liquidity), who will receive 50%. The other pool is for takers, (those who take match orders already on the book and remove liquidity), who receive 25%. These pools will be sent out at the end of each day.

I hope this helps answer your question.

so is it charged per transaction or differently?

Per transaction, with the majority of the fee being gathered and sent back to users at the end of each day.

How will you decide how much each user will get,from that fee?

It will probably be some kind of pool or maybe based on the amount of trades you did for the days and volume I think.

[JeffTheMan]

"4. What benefits are there to holders aside from the expected price increases?
Holders of ThinkCoins will be able to use them to trade on the forthcoming TradeConnect trading network.

This unique token economy will distribute the majority of the Connect Fees (our version of trading Fees) back to the TradeConnect community."

Can anyone answer how distributionmade? the connect fee is percentage?

The connect fee is not set in stone, and will be responsive to use of the platform in order for TradeConnect to be an attractive trading network. 25% of the Connect Fee will go to running the network, whilst the other 75% will go directly back to users of the platform.

The funds will be gathered into pools, one for makers (those who add orders to the orderbook and boost liquidity), who will receive 50%. The other pool is for takers, (those who take match orders already on the book and remove liquidity), who receive 25%. These pools will be sent out at the end of each day.

I hope this helps answer your question.

so is it charged per transaction or differently?

Per transaction, with the majority of the fee being gathered and sent back to users at the end of each day.

How will you decide how much each user will get,from that fee?

It will probably be some kind of pool or maybe based on the amount of trades you did for the days and volume I think.

Most likely it will be based on the worth of each traders trades for the days, that's how it works on some exchanges.

[Vargistkrieg]

How many TCO will i get if i invest 1 ETH during this sale period,with 45% bonus?

Price of 1 TCO is $0.30. So amount off tokens you get for 1 ETH varies, depending on the ETH value.

We are currently in the pre-ICO stage, with tokens set at $0.21 and a 45% additional onus. $0.30 will be the ICO price.

when exactly take place will the ICO of the project ThinkCoin?
It seems to me, that these tokens should be bought for the future, because the idea of this project is quite intriguing.

ICO Start date 15 May 2018 (00:00 UTC)
ICO End date 25 May 2018 (23:59 UTC)

Hope this helps!

So, if the softcap is not reached does the ICO extend or do you do some other corrections?

Softcap will be reached for sure, this is awesome and very promising project with great team behind it!

It can happen that the soft cap is not reached, but then projects tend to rethink their strategy and make new plans. For most of them giving up is not an option.

[AndreaTheGiant]

Any info on when the product will be out?

[toyouta9999]

It seems that the project is made correctly. Full information about the team about the project

[Desmozgenes]

Any info on when the product will be out?

According to the roadmap,beta should be out in July 2018,but seems like it wont be open beta right from the begining,so it will take some time for general public to try it out.

[Lognak]

Any info on when the product will be out?

According to the roadmap,beta should be out in July 2018,but seems like it wont be open beta right from the begining,so it will take some time for general public to try it out.

So did they say they plan an internal beta? Maybe we can have some internal info after the beta as well.

[Endimyon]

I heard that bonus in 1st stage of Pre ICO is 45%, will that stay the same in second stage or the bonus will be lesser?

[Trollita]

Number of applications post from forum on the twitter bounty form means??

Check CryptoServices telegram group, you can find guide there, how to properly participate in the bounty campaign.

[Vindizzle]

I heard that bonus in 1st stage of Pre ICO is 45%, will that stay the same in second stage or the bonus will be lesser?

We can expect the bonus to go down in later stages, so it's always best to invest ASAP

[TheRedKing]

Any info on when the product will be out?

According to the roadmap,beta should be out in July 2018,but seems like it wont be open beta right from the begining,so it will take some time for general public to try it out.

So did they say they plan an internal beta? Maybe we can have some internal info after the beta as well.

Usually it internal beta first and then if the product is developed enough we could see an open beta.

[thinkcoin.io]

"4. What benefits are there to holders aside from the expected price increases?
Holders of ThinkCoins will be able to use them to trade on the forthcoming TradeConnect trading network.

This unique token economy will distribute the majority of the Connect Fees (our version of trading Fees) back to the TradeConnect community."

Can anyone answer how distributionmade? the connect fee is percentage?

The connect fee is not set in stone, and will be responsive to use of the platform in order for TradeConnect to be an attractive trading network. 25% of the Connect Fee will go to running the network, whilst the other 75% will go directly back to users of the platform.

The funds will be gathered into pools, one for makers (those who add orders to the orderbook and boost liquidity), who will receive 50%. The other pool is for takers, (those who take match orders already on the book and remove liquidity), who receive 25%. These pools will be sent out at the end of each day.

I hope this helps answer your question.

so is it charged per transaction or differently?

Per transaction, with the majority of the fee being gathered and sent back to users at the end of each day.

How will you decide how much each user will get,from that fee?

It's based on each individual's trading activity as a percentage of total trading volume for that day! This should be the best way to maximise liquidity.

[thinkcoin.io]

Any info on when the product will be out?

A full roadmap is available on our website. https://www.thinkcoin.io/

Users will be able to store TCO on our app this month, with trading features being added as the year progresses.

[SpockSenior]

Any info on when the product will be out?

A full roadmap is available on our website. https://www.thinkcoin.io/

Users wil lbe able to store TCO on our app this month, with trading features being added as the year progresses.

Thanks for sharing. I see in January of 2019 we can already expect trading of physical equity. This will come pretty soon.

[Kryptoking21]

"4. What benefits are there to holders aside from the expected price increases?
Holders of ThinkCoins will be able to use them to trade on the forthcoming TradeConnect trading network.

This unique token economy will distribute the majority of the Connect Fees (our version of trading Fees) back to the TradeConnect community."

Can anyone answer how distributionmade? the connect fee is percentage?

The connect fee is not set in stone, and will be responsive to use of the platform in order for TradeConnect to be an attractive trading network. 25% of the Connect Fee will go to running the network, whilst the other 75% will go directly back to users of the platform.

The funds will be gathered into pools, one for makers (those who add orders to the orderbook and boost liquidity), who will receive 50%. The other pool is for takers, (those who take match orders already on the book and remove liquidity), who receive 25%. These pools will be sent out at the end of each day.

I hope this helps answer your question.

so is it charged per transaction or differently?

Per transaction, with the majority of the fee being gathered and sent back to users at the end of each day.

How will you decide how much each user will get,from that fee?

It's based on each individual's trading activity as a percentage of total trading volume for that day! This should be the best way to maximise liquidity.

Thats actually very good system,it will make people  trade more,and increase volume!

[JeffTheMan]

When beta comes out do you plan to invite people to test it and maybe give them some tiny "gift" for helping and participation in "polishing" it? Like maybe some initial discount  in terms of lower fees or something similar?