The total market capitalization of
cryptocurrencies is now above $137 billion, up from $16 billion at the
beginning of the year. But before the world can conduct a significant amount of
its transactions via cryptocurrency markets, the problem of liquidity must be
addressed.
Liquidity refers to the extent to
which a market allows assets to be bought and sold at stable prices. Lower liquidity
tends to result in a more volatile market (especially when large orders are
placed), and it causes prices to change more drastically; whereas higher
liquidity creates a less volatile market, and prices do not fluctuate as
significantly. Today, cash is the most liquid asset. If a transaction of $1
million takes place, the market is able to absorb that transaction easily
without the value of the dollar drastically changing. Costs associated with the
transaction, and the value of the currency at the time of the transaction, are
also known beforehand.
However, the same transaction in
bitcoin, or any other cryptocurrency, has a much greater effect on the
cryptocurrency's value.
This is because of the market's lack
of liquidity. The amount of cryptocurrency available on a specific trading
platform can run out, requiring the buyer to complete the transaction at 1–10
percent more than expected. To complete the same transaction of $1 million, it
could end up costing between $10,000 and $100,000 more than the original price
to make the trade the curiosity on this issues lead me to a decentralized platform
https://coinlion.com/
What is CoinLion? It is a
decentralized blockchain technology platform which aims and objective is to
simplify and enhance the user experience when managing digital assets. CoinLion
is building an environment where users are empowered to create and share
portfolios, strategies, research, and more.
Vision of CoinLion
CoinLion as decentralized block chain technology has a
vision of giving users the tools they need to make expert trading decisions.
The platform also give users the power to learn, grow and build by sharing
portfolios, strategies, and
research. It also have the interest of the people in
mind, solving the most common challenge most investors face today is their
major priority
DECENTRALIZATION:
COINLION BEING A DECENTRALIZED TRADING PLATFORM
Until now, the cryptocurrency space
has been dominated by centralized exchanges that help facilitate transaction
from government currencies to cryptocurrencies.
Centralized exchanges, like
Coinbase, are easy to access and easy to use. However, as many have failed to
adequately secure their customers' funds, decentralized exchanges are becoming
a popular concept that why CoinLion has decided to come I place to put all
those things in other. Centralized exchanges have been simply unprepared for
the recent influx of users, causing major system failures and attracting
the attention of hackers. While some centralized exchanges are
more secure than others, there's still been a number of security failures, like
last year's Bitfinex hack, which resulted in thousands of users losing
their savings (until it was later repaid) in “CoinLion platform is a secure and
save place for investment it is coming up with the largest and most secure
blockchain system. most a times Decentralized trading platforms offer an
alternative, and perhaps even more valuable service, by promising greater
security and transparency. They do not rely on third-party services to hold
customer funds. Instead, peer-to-peer transactions are possible through an
automated process.
The benefit of CoinLion making use
of a decentralized exchange is that
there is no need to put any trust in the exchange platform itself, as the funds
are held by the user in a personal wallet, rather than with a third party. CoinLion
exchange can also provide more privacy, while reducing the risk of server
downtime, if only for those who are more tech-savvy. Is quiet unfortunate that
most decentralized trading platforms
still lack the commodity, easy of use, and overall "user support" to
attract a mainstream user base. Therefore, the liquidity and market depth of
these exchanges is still quite low, but in CoinLion it is not so.
The loving part of this platform is that it not just
allow users to not only exchange digital assets, but it also give room for them
to earn and spend the native token, LION, for sharing portfolios, research, and
strategies.
CoinLion is focused on improving issues facing
existing exchanges like; User accessibility and ease of use, Managing multiple
digital assets, Access to information, research and tools, Understanding Risk,
Legal Environment, Security and Customer Service.
WHY CHOOSE COINLION
There are various features which CoinLion possess for
the smooth operation and benefit of users some of those features are ;
1. It has a Portfolio management tools (PMT) which is a
state of the-art portfolio management tool. It allows users to create and
manage portfolios in a simple and efficient manner. With the PMT users can buy
and sell multiple assets with a single click CoinLion PMT also allows users to
publish portfolios and name their price in LION for allowing other users to
track their portfolios. Publishers of portfolios can set a cost in LION for
tracking a specific portfolio over a period: monthly, quarterly, semi-annual or
yearly. This empowers users by providing a means to generate LION for creating
and sharing portfolios.
2. CoinLion will support a wide variety of fiat
currencies, which are cryptocurrencies and digital assets. As digital assets
and currencies are continually being created, having simple and efficient
access to those assets is critical. CoinLion will support most major currencies
and assets and apply a strict due diligence process to acceptance of new
currencies. CoinLion will maintain markets in Bitcoin, Ethereum, and LION.
3. Dual blockchain system (DBS) CoinLion dual block chain
system is specifically design for the purpose of speed and increase tracking
and monitoring of all transaction in the system. The dual blockchain system ensures data integrity and transparency. Each
blockchain is designed for a specific purpose. Working together these
blockchains make it possible to achieve complete integrity, immutability, and
transparency. To
mention but a few and many others which are mention in the whitepaper: https://static.coinlion.com/docs/CoinLion_Whitepaper_v3.0.pdf
TEAM MEMBERS
Every successful organization today has many different
category, some professionals, expertise, developers and many more who have come
to together to archive a certain goal like Joshua W. DeWitt who is the CEO; Co-Founder, Justus Luthy the
CTO; Co- Founder, Caleb Veldhouse the COO; Co-Founder, Kia Adams The Creative
Director who is also a BS Graphics Design, Zach Neugebauer the CMO to mention
but a few and many
others which are listed in the whitepaper: https://static.coinlion.com/docs/CoinLion_Whitepaper_v3.0.pdf
LION Token
The total of 500 million CoinLion will create a total supply of. No
additional LION will be created. 250 Million LION will be available in the
token sale. The token sale will include a Pre-Sale and a two phased
Token Sale:
Minimum Goal to start: 15,000,000 LION which will make use of ETH
Base LION Token exchange rate: 1 ETH = 2500 LION. The total
token sale HARDCAP will be 250,000,000
LION. The Presale will state from Date: 18th of December 2017 (12AM UTC). The
sales will probably be divided into 2 phase. Pre-Sale will have 5 ETH Minimum, 25,000,000
LION hard cap. And it will be offering bonus of 40% which will varies base on
the time you apply for the Pre-sale.
Exchange Rate: 1 ETH = 3500 LION
Maximum: Unlimited
Minimum: .1 ETH
Phase 1:
Start Date: 18th of December 2017 (12AM UTC)
End Date: 7th of January 2018 (12AM UTC)
Week 1: Bonus 20%
Exchange Rate: 1 ETH = 3000 LION
Week2: Bonus 15%
Exchange Rate: 1 ETH = 2875
Week 3: Bonus 10%
Exchange Rate: 1 ETH = 2750
Phase 2:
Start Date: 12th of February 2018 (12AM UTC)
End Date: 25th of February 2018 (12AM UTC)
Week 1: Bonus: 5%
Exchange Rate: 1 ETH = 2625 LION
Week 2: Bonus: 0%
Exchange Rate: 1 ETH = 2500 LION.
For more information about the ICO click on the
following link:
Telegram: https://medium.com/@CoinLion
Medium: https://medium.com/@CoinLion
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