Easy & automated ICO investing with managed risk > CoinMirror is live

[Sebastian (CoinMirror)]

The most convenient way to invest in ICOs

Hey guys,
I would like to introduce a new project to you, that my team and I have been working on: CoinMirror.co
We have just launched our Beta on the Ethereum Mainnet.

What is it?
CoinMirror is a platform built on the Ethereum Blockchain, where retail investors can pool money behind an experienced investor, fund, or accelerator of their choice. Our Smart Contract mirrors the investment decision of the expert, and equitably distributes all returns to all backers. With CoinMirror, investors leverage both the knowledge of an expert and the negotiating power of the larger pool of money to gain access to vetted ICO investment opportunities at the best prices.

Features

• Our decentralized application allows people to pool funds together
• A KYC/AML'd expert ('Syndicate Lead') sources a good deal, negotiates favorable terms with the increased leverage of $$$, and then invests
• End-to-End Solution: Syndicate Lead can also sell the token, take profit, and/or re-invest in multiple other ICOs
• Withdraw funds at anytime before they are deployed to an ICO

How does it work?
Just get your MetaMask ready and you are good to go! You can either create your own private Syndicate pool or just join one of the public ones. We have already onboarded the first Syndicates, that you can now back.

What do I get out of it?
As a user, you can easily mirror the ICO investment decisions of experts. Everything will be handled for you (Buying, Selling, Profit return). Through pooling of funds with others, you can also realize substantial ICO pre-sale discounts!

Why are we doing this?
We built CoinMirror to fulfill the promise of democratized investing. Good quality ICO investment opportunities are rare and hard to find. By allowing regular people to essentially co-invest with credible investors, we can manage some risk, and provide access to great deals at the earliest possible stages.

Pricing
CoinMirror does not charge any fees during Beta.

Visit our website: www.coinmirror.co

We are working on a matchmaking solution for ICO projects to get exposure to Syndicate Leads, who can then invest with their funds.
If you are interested to be one of the first to signup, please reach out to us via email or Telegram

In case you want to learn more about us, I recommend the following articles: Bitcoinmagazine and Medium

[favdesu]

doesn't sound too bad, except that 90% of all ICO fail and could end as a huge loss.

anyways, how do you prevent scammers from becoming syndicate? (KYC does not prevent this)

[Sebastian (CoinMirror)]

doesn't sound too bad, except that 90% of all ICO fail and could end as a huge loss.

You are totally right, there are so many low-quality projects or flat-out scams out there. This is one of the reasons wer are doing this, to offer people access to high-quality, vetted opportunities.

anyways, how do you prevent scammers from becoming syndicate? (KYC does not prevent this)

Very good point, that's why we vet every public Syndicate Leads. In order to be approved, they have to provide a track record in the context of ICO investments. I wanna mention, that we don't want to be too restrictive in order to provide an open platform for everyone, but we are definitely making sure not to allow any scammers to lead Syndicates.

[favdesu]

doesn't sound too bad, except that 90% of all ICO fail and could end as a huge loss.

You are totally right, there are so many low-quality projects or flat-out scams out there. This is one of the reasons wer are doing this, to offer people access to high-quality, vetted opportunities.

anyways, how do you prevent scammers from becoming syndicate? (KYC does not prevent this)

Very good point, that's why we vet every public Syndicate Leads. In order to be approved, they have to provide a track record in the context of ICO investments. I wanna mention, that we don't want to be too restrictive in order to provide an open platform for everyone, but we are definitely making sure not to allow any scammers to lead Syndicates.

sounds reasonable. and how are profits paid out? or is this the decision of the syndicate?

[Sebastian (CoinMirror)]

sounds reasonable. and how are profits paid out? or is this the decision of the syndicate?

Profits stay untouched. You can see our fee structure, which will be implemented after the Beta, here.

Basically all profits will be returned to the investors. For Private Syndicates, we take a small principal. For Public Syndicates, we take a small slice from the realized token discount, it will be split so everyone benefits.

Happy to answer more questions!