Summary: >valuation set at 50 million with a total of 2.5 million € on offering >8-12 annual interest rate (depending on your tier), paid DAILY >option to swap into either a growth-like equity token at the end of the 2-year period or XCM valued at 0.20€ cents >ability to sell the bond on the open secondary market at any point if you want to get out early
For example, if you invest 10 000€, you'll get (assuming you're in the top tier):
>0.0329% interest paid daily, approximately 3.3€ a day >24% total interest at the end of the 2-year period, coming out at 2 400€ profit
Why Coinmetro?
>instant USD, EUR and GBP deposits/withdrawals >access to SEK/AUD deposits/withdrawals as well using SWIFT >lowest fees in the industry >top-notch liquidity on all major pairs >one-of-a-kind tokenized asset marketplace >copy trading feature where you can copy the trades of successful traders in exchange for a performance fee
It's a great medium-reward, low-risk opportunity if you're looking to diversify.
If you want to sign up, I'd appreciate if you use my ref ( click on this link >> Coinmetro.nl
>highest tier (12%) is reserved for ICO contributors >second highest tier (11%) can be unlocked by locking 50 000 XCM (1 500€ at current valuation) >third highest (10%) can be unlocked by locking 25 000 XCM (750€ at current valuation) >fourth highest (9%) can be unlocked by locking 10 000 XCM (300€ at current valuation) >lowest tier (8%) is the standard tier for all users who either arn't ICO contributors or don't have any locked XCM
Tiers can be changed at any time by either locking or un-locking XCM.
Upcoming features this year:
>debit cards >virtual IBANs >improved app releasing within the next two weeks >more fleshed out securities marketplace, the next offering will be for either a media company or a genomics data marketplace company, depending on who finalizes their offering first
New partnerships recently announced: >Coinmetro will serve as a FIAT on/off ramp for Paxful, a peer-to-peer cryptocurrency exchange with millions of users and billions $ worth of volume. More specifically, Paxful has a seller dashboard where roughly 12.000 sellers do about 300 million $ a month worth of business and they need a quick FIAT on/off ramp, which Coinmetro will provide. >Coinmetro will also serve as a FIAT on/off ramp for a yet-to-be-disclosed debit card company which is currently expanding into Europe >"these two partnerships could very easily 10x our current volume (roughly 500k€ a day at the time of this writing) in a short amount of time" - Kevin Murcko, Coinmetro CEO, in the last AMA >+lots more to come
Of Coinmetro? I agree it's been a long road, but things are finally starting to take off
Nolan Lewis
Will coinmetro eventually apply to become a bank akin to kraken?
Kevin Cook
Here since ICO, 100k bag accumulated and I don't know when/if this train will take off. I'm constantly checking XCM price and it just doesn't budge.
Daniel Moore
No such plans right now, because they don't need it. They can offer neo-bank services such as virtual IBANs and debit cards without becoming a full-fledged bank, though they will effectively function as one, meaning that you can use them for all your day-to-day needs.
Bank licenses are generally very hard to acquire, and there's no reason to unless you need it for something specific.
Yeah I feel you, but they've been on a tight budget since day 1 and have been focused on building out the platform. Now it's finally ready, and keep in mind that they've managed to 7x their revenue since Q1 this year on a marketing budget in the single-digits of thousands of €. Once the bond is fully sold, 20% of it (meaning roughly 400-500k) will be used for marketing, so I think there's lots of growth upcoming short-term and that will manifest itself in a higher XCM price as well.
Thomas Gray
It starts moving once coinmetro gets users. Only strong marketing can change that now, but they simply not doing it... fucking testing on microscopic levels forever. >Once the bond is fully sold, 20% of it (meaning roughly 400-500k) will be used for marketing they also said that when they closed the 7 figure funding round sometime end of last year - beginning of this year. so yeah, not believing anything until it actually happens.
Evan Myers
Why invest in a 24% return in 2 years when Btc still makes 200% swings every few months. Also if I would want to speculate on the CM as a company I might as well hold the xcm token, what's the point of buying the bonds?
Brandon Mitchell
Fair enough, but their marketing team wasn't fully built out at the time and they used all that money for development.
Bonds are generally lower risk than volatile assets such as cryptocurrencies, and that's attractive to a lot of people. At the end of the two year period, you could also choose to swap your bond tokens into XCM at a locked rate of 0.20 c per XCM, unless you want to swap into the equity-like tokens and recieve dividends, revenue-share, etc.
So it's not really targeting your average "cryptocurrency" user, but rather people with a lower appetite for risk and people who would like to diversify their holdings.
Ryder Ward
Though it should also be said that 24% on a two-year bond is a great deal, no matter how you look at it
Elijah Evans
>Fair enough, but their marketing team wasn't fully built out at the time and they used all that money for development. understandable, but that money could again veer off to somewhere else, or the ramping up of marketing could be underwhelming. personally I'm not betting on it until I have first evidence of strong marketing actually coming to fruition.
Jason Rodriguez
fuck this scam exchange all im gonna say
Colton Lee
yeah but what if they shut down? isn't there to much risk, I'm ready to put down 30k on the bond but...
Matthew Bennett
>you could also choose to swap your bond tokens into XCM at a locked rate of 0.20 c per XCM holy fucking shit, you're joking, let's say i put in 15k, i will have invested in a safe ish bond and then can cash out (if xcm is 5€) 375000€ in xcm...
wait i calculated it i would make 2million if that happened and i just bought xcm instead of the bond..
if cm shuts down, bond is gone if cm shuts down xcm price is 0 how is the bond a safer option then
Fair enough, but I think the ROI that they've achieved on their current testing looks promising.
If they shut down then you're fucked, as with most assets. Same if you hold XCM. So that's a risk you have to weigh, though they have extensive support from the network of people associated with the investors from their previous round, so the odds of that happening are quite low.
If Coinmetro shuts down, you're fucked either way, that's correct. When it comes to bonds vs XCM, one is a locked, guaranteed profit of 24% over a two year period (but interest is paid daily) whereas the other is a more risky asset, but has a potentially more rewarding payoff, so that's a decision that you'll have to make for yourself based on your risk tolerance.
It should also be noted that the bonds can be sold on the secondary market at any time. So lets say you invest a portion of your funds in the bond because you're interested in the daily interest payment, but then after 6 months you find another project/asset that you'd rather put your money into, you can cash out your bond on the secondary market easily. Bonds are also a lot more stable than assets such as stocks or cryptocurrencies, so while the price can move either up or down, it'll probably not be more than a couple%, meaning you'll be able to roughly get out at your buying price either way.
Or lets say you want the interest payments, but you don't want to swap into either XCM or the equity-like token at the end of the two-year period, then you can just sell the bond the day before the swap and that'll be that.
William James
fuck off kevin
Jaxson Gray
Here's the live page for the bond, for those interested:
And again, though I know it's a bit annoying, if you're looking to sign up, I'd appreciate if you'd use my referral. Either type in Coinmetro.nl or add ref=default at the end of the website address in your browser when signing up and it'll be automatically accredited, thanks.
Nathaniel Barnes
is anyone buying this
Connor Cruz
Is anyone buying this?
Brandon Perez
>Coinmetro will serve as a FIAT on/off ramp for Paxful, a peer-to-peer cryptocurrency exchange with millions of users and billions $ worth of volume. More specifically, Paxful has a seller dashboard where roughly 12.000 sellers do about 300 million $ a month worth of business and they need a quick FIAT on/off ramp, which Coinmetro will provide.
It's only available to ICO contributors and people who whitelisted as of now, the public sale opens on Tuesday. That said, it's already raised 50k since it launched yesterday, not too bad IMO
It is, check yesterdays AMA
By providing better services. I'm not familiar with Digititex, but Coinmetro offers instant USD/EUR/GBP on and off ramps, and if you're a maker you get paid to trade on the exchange.
Coinmetro is also expanding into more neo-bank services, such as virtual IBANs, debit cards, etc. It also has the worlds only full end-to-end tokenized marketplace, which is what powers the infrastructure that the bond is using. So it's not really just a cryptocurrency exchange, it's more than that, with LOTS of room to grow.
S O O N
Parker Gomez
In my experience, zero fees just mean they scrape a few cents off the top of your order. In the case of crypto, it'll be a few dollars. See Robinhood lol
Hunter Myers
True, you should always be suspicious when someone offers you something for "free", because they're most definitely making money somehow and it's probably at your expense.
Noah Barnes
WOW I CANT BELIEVE KEVIN IS A TRUMP SUPPORTER WOW JUST SOLD ALL MY XCM WOWOWOW
Bought 100 bonds and will buy 200 more. That's EUR366 / year. Nash exchange would need a volume of 1 billion with 1000 NEX staked / 24 months to reach that amount. And they would not get an equity like growth token in the ned. Delusional monkey shitheads.
Charles Miller
am i the retard for thinking that 360 bux a year is not a lot of money? sure as hell better than 0% or negative interest but... still
Lucas Ross
I don't want to trade or gamble with that money. Leaving 3k on my bank account would earn me next to nothing. And I aim for the equity token after 2 years. 10x growth of the company would bring 30k from my initial 3k. And if CM is going to make it then 10x is just the beginning.
Evan White
good point, but like i said in another post cm could shut down, which puts the risk at the same level as holding xcm or am i wrong?
Yep. There is always risk involved if you just leave some money somewhere and hope for medium to large returns. Hence, I'm not going all in and just put some amount in that would not kill me if I lose it. Same goes for XCM. Which could yield a better return given it's present price and tokenomics. Our most favourite stable coin, which could finally move and go ballistic. It's tied to exchange / volume growth.
