MISSION
To reduce the dilution of the cryptocurrency market and restore loss of value for the crypto economy, by providing holders, community members and creators of coins, a buy-out, a way to join a project that has the network effect on projects created or supporting failed coins to achieve and implement a systematic burn of purchased parts.
WHY IT MATTERS
The people who created, supported or participated in the cryptocurrency projects that are now functionally dead, have all the value they have invested in them trapped. They can not process or exchange these parts. This trapped value can serve as a source of growth for cryptocurrency markets if it is released. It will also be beneficial for those who hold these missed coins because it will allow them to join a new community that can achieve the network effect the pieces they hold have failed to achieve.
There are more than 4,500 different cryptocurrencies; only about 1,400 are traded on exchanges. This is the byproduct of the growth rates that cryptocurrency markets had in recent years. As a community, users of cryptocurrency and hobbyists must take care of these failed projects. CoinJanitor is the first service to offer, and one of the first to open the discussion on what to do with these failed projects.
HOW IT WORKS- CoinJanitor will unlock the value that is trapped in these failed coins, through a broad 5-step process:
1. Profiling coins that should be considered failed. These coins will be mainly PoW coins, which were launched over 2 years ago, which are not traded on the stock market and whose market capitalization is less than 50 000 USD.
2. After profiling, CoinJanitor reach out to the creators of the room, their users and their wider community set up a buy-back program and have the creators return access to GitHub, other code repositories and all marketing assets. The buyout program will have a deadline. All buy out will be done using the CoinJanitor token to avoid pump and discharge schemes, and to avoid becoming a de facto exchange service for coins that are not otherwise exchangeable.
3. Once the redemption on a given project ends, CoinJanitor will proceed to burn the coins it has bought.
4. When coins are burned, CoinJanitor will disable or unassign the underlying blockchain. To do this, CoinJanitor has access to mining equipment that can be directed to these blockchains to implement its decommissioning process, if needed.
5. The team will organize relevant code repositories, transforming each piece of code acquired from these projects, into an open source blockchain library to which any member of the community can access for the development of future projects, for academic purposes or whatever purpose they have in mind. CoinJanitor will also begin to compile relevant data on all the parts it buys to provide missing market information.
Total ICO Token Supply
100,000,000
1 ETH = 3900JAN
BENEFITS FOR ALL MEMBERS
Users
The ability to recover the value of coins that may not be sold and join a community that will grow
exponentially, achieve a network through the amalgamation of communities that are otherwise cut off from the cryptocurrency markets altogether.
Project Creators
Creation of the first project of this type in cryptocurrency markets, opening the debate on what to do with failed coins and leading a newly created community in the development of more tools that will be useful for markets cryptocurrency altogether.
CoinJanitor
The creation of an economy that would not exist otherwise. This economy will grow with each failed coin that is disabled and with each community that is amalgamated under the umbrella CoinJanitor.
The market
Reduction of the dilution and transfer of value otherwise be lost, in cryptocurrencies top ranking.
SALE TO THE TOKEN ENDED TODAY !!! JOIN AT COINJANITOR.IO PARTICIPATE TO SANIT THE CRYPTO INDUSTRY!
JOIN JANITOR TODAY AND HELP RESTORE THE LOST VALUE OF CRYPTO'S ECONOMY.
Support CoinJanitor and spread the word about the community project that makes crypto better for all of us.
LINKS
Website:
https://www.coinjanitor.ioTelegram:https://t.me/CoinJanitor
White Paper
https://www.coinjanitor.io/wp-content/uploads/2018/03/CoinJanitor-White-Paper-v4.5.pdfOnepager: https: // www .coinjanitor.io / wp-content / uploads / 2018/02 / CoinJanitor-Two-Pager-Landscape-Light-v3.pdf
Twitter:
https://twitter.com/CoinJanitorFacebook:
https://m.facebook.com / CoinJanitor-201490483964845 /
Youtube:
https://www.youtube.com/channel/UCXkaiV83H3gHy5DomxoZvGA
