Crypto Commonwealth - Based on the blockchain of scientific publishers and asset managers for everyone
Hello all Golos community, I want to write about the journey of the Crypto Commonwealth project, so check out the review that I made below:
Introduction
Financial markets have cycles, usually ranging from years to decades. Arguably the most popular developing market in the world, the crypto market has a much shorter cycle, sometimes only in a matter of months. Starting in 2009 and completely zero, bitcoin entered and survived the baptism of fire. It was attacked and declared dead hundreds of times, but each time it rose from the ashes and reached new heights, peaking at tens of thousands of US dollars in 2017. The chain block as a technological revolution in those days brought this exponential growth in the crypto market.
The unprecedented growth and greed from birth deeply rooted in humans prompted volatile, short-term, and pump-and-dump speculations, which effectively exerted influence on the entire market and magnified all price movements. This is mostly the reason all cryptos suffer from the highest volatility. Not infrequently large price movements of up to ten or one hundred folds are observed in the crypto market, because they are still infants and are immature with an ambiguous future in the eyes of most people. The public has not yet reached a consensus for consensus-based and cryptographic prospects that support universal equality.
What is Crypto Commonwealth?
Crypto Commonwealth is a blockchain-based scientific publisher and asset manager dedicated to accessing good returns, maximizing community benefits and improving people's welfare. We have designed various scenarios for COMM tokens in our subscription, circulation and investment ecosystem. They brought a fundamental improvement to the value creation process of the two industries through an impartial production relationship.
We have a professional team that specializes in publishing quantitative research and managing portfolios of traditional assets and digital currencies. Funds, publishers, alpha modeling, and content mining provide a variety of application scenarios for the token.
Why Choose Us?
Strong team
We are the top team in publishing & asset management and are well supported by scholars in the academic field. We have many good strategies to take advantage of.Revolutionary Model
Tokenomik COMM fundamentally improves the economic model of both the scientific publishing and asset management industries.Professional Performance
Our asset allocation values a good return on the bull and bear market in all stocks and crypto domains with the most sophisticated style rotation.Very Guaranteed
Every block and transaction that COMM receives is legal, decentralized and irreversible, increases your security and removes all intermediaries.Easy to use
All ERC20 compatible wallets support it, such as MyEtherWallet, MetaMask, imToken, TREZOR, Ledger, Mist. Register your wallet and you are ready to go.Low commission
Bank transfers have high commissions. COMM facilitates payments through the Ethereum network which has minimal commissions.Infinity and Beyond
COMM mainnet will incubate, tokenize, fundraise for and commercialize successful trading strategies, publications & sub-projects.Very nice
Commonwealth Foundation is a non-profit Singapore CLG. It seeks to give value to the distribution of knowledge, beneficial to society and society.Code of Honor
Team token reserves are locked in smart audited contracts & can be released for 5 years. More tokens will be locked to promote fair tokens.
Commonwealth Tokenomic
The token that we issue, 'Commonwealth' (or 'COMM' for short) is an absolute, irreplaceable, and irrefutable right to participate in our subscriptions, circulation, and investment ecosystems, and we hope these rights are widely held and executed as we develop Becomes
a stage higher than our road map, which we present in Section 5 at length.
Commonwealth's total supply is 1 billion, which is used as ERC20 tokens with audited smart contracts. The distribution of tokens is shown in Fig. 4. 20% is reserved for the team, locked in a smart vesting contract that is audited as a whole cannot be canceled, and will be released linearly for 5 years. 30% is owned by a collection of foundations and is reserved for ecosystem operations, alpha mining and content in particular. 50% available for sales in tiers. The performance of funds, traffic, or active users of our website and the quality of our publications are the main drivers of Ecosystem growth. We will offer potential investors the opportunity to obtain COMM with full compliance with local laws, policies and regulations.
Initial Coin Offering
Initial Coin Offering, or ICO, has emerged as a popular option for fundraising, especially among blockchain-based projects. During an ICO event, the project distributes tokens to the public worldwide, and raises initial funds to grow its digital ecosystem, promote the token use and consolidate its circulation.
The first round of the Commonwealth ICO is upcoming at cryptocommonwealth.co on March 1st, 2020. More tokens will be available for sale later as the project progresses. COMM has been listed on IMOEX and ChainX. The presale round was over, and the first round of public sale in this series of ICO is conducted with varied discounts off the market price. The sales will end when the investment hits the hard cap or whenever we deem appropriate. Bitcoin, Ether and USDT (ERC20) purchases are welcome and accepted.
Our ICO process desires KYC and is fully compliant with SEC Regulations D and S. The purchaser represents and warrants that he/she is not a citizen or resident, or otherwise subject to the Laws, of any jurisdiction in which the offer, sale, purchase, or transfer of SAFTs or Tokens is not permitted by applicable Laws, in all respects. Furthermore, no U.S.
The lock structure - the making of CBND
We design new, decentralized financial products to facilitate the sale of natural tokens, COMMs with varying key periods. It is hoped to increase COMM liquidity and lock in transparency. The original version of the derivative was named as if it were an option or a futures product, but it soon became clear after we consulted with senior quant derivatives and advisers on investment banking - named Bond, COMM's Bond!
Typical IPOs and ICOs often come with key periods, where shares or tokens that are distributed cannot be traded. This secures funds for project development, but reduces investment liquidity and severely limits the way investors manage their risk.
The bridge between initial funding and listing, CBND or 'C Bond' is the COMM Bond, and the world's first conversion crypto bond aimed at solutions to this dilemma. It shares certain features in COMMon with convertible bonds in traditional financial markets, but with significant simplifications. It is hoped to increase COMM liquidity and lock in transparency for its ICO. The sale of tokens is basically the underlying crypto, COMM. Unlike ordinary ICOs, investors will receive CBND that can be traded while having the same amount of COMM locked. When the key period ends, 1: 1 and one-way exchanges will be offered to convert each CBND to COMM, the main token. All redeemed CBND will be burned immediately, leaving the token in scarcity. CBND remaining and circulating in the market, if any, will share the same tokens as COMM and continue.
CBND - world’s first convertible crypto bond
There are 6 major stages, each to last 5 days, with tokens sold at varied discounts of the current market price ($0.09 at the time of writing). Stages 1 and 2 offer CBND6 (lock period six months) on sale, Stages 3 and 4 offer CBND3 (lock period three months), and Stages 5, 6 offer CBND (lock period one month). The first five stages offer token bonuses at 10%, 8%, 6%, 4%, and 2% on top of purchase amounts, respectively. Meanwhile, Initial Exchange Offering (IEO) will run in sync on crypto exchanges, including ChainX (ETH accepted), and potentially 1-2 more exchanges of note. The token bonuses will be however exclusively available on cryptocommonwealth.co only. The CBNDs will be listed after all stages of ICO/IEO.
Technical details
COMM is an ethereum based token that is supported by all compatible ERC20 wallets, including but not limited to MyEtherWallet, MetaMask, imToken, TREZOR, Ledger, Mist, etc. This is a digital asset that is suitable for storage and transfer of value, and inherits some of the benefits of an ethereum-based infrastructure. As a member of the ERC20 family, COMM brings good liquidity and can easily be exchanged with other ERC20 tokens, because they use a set of COMMon protocols and technical guidelines. It is safe and complies with all local laws and regulations wherever used.
The time to make ethereum blocks is between 10-20 seconds and is adjusted dynamically to the difficulty of PoW (Proof of Work) based mining, which is expected to migrate to the PoS (Proof of Stake) algorithm in the future. Transactions are fast and will develop when the ethereum network obtains a higher TPS. In addition, ethereum smart contracts allow transparent and safe ways to achieve various goals among token holders. The programming language 'Solidity' is Turing-complete, allowing the calculation of all problems that can be calculated with adequate time and memory. All token transfers require a number of 'gas' payments evaluated in the ETH. A program is canceled if it runs out of gas, which prevents unlimited loops and avoids potential Denial of Service (DoS) attacks.
CertiK, a well-known auditor carefully reviewed our code base, and concluded in their report that 'we believe this smart contract passes security qualifications to be listed on the digital asset exchange'. They conducted more than 200 audits, reviewed codes for large crypto entities such as Binance Labs, NEO and ONTology, and had obtained more than 5 billion USD in assets on the blockchain.
Token Structure
Bonus Stages
Token Sale Proceeds
Token Distribution
Conclusion
We review common myths, possible reasons and potential solutions in quantitative strategy research. But this is a light review aimed primarily at readers without a financial background on the purchasing side. Now that you have a better idea in quant research, let's work on some open-ended questions and interesting brainteasers. Don't be surprised if you find some of them in quantitative, crypto or not interviews.
For accurate information about this project, please see the link that I have provided below:
WEBSITE: https://cryptosmartbeta.com/
WHITEPAPER: https://cryptosmartbeta.com/wp-content/uploads/docs/whitepaper_en.pdf
ONE PAGER: https://cryptosmartbeta.com/wp-content/uploads/docs/OnePager.pdf
PITCH DECK: https://cryptosmartbeta.com/wp-content/uploads/2019/08/pitch_deck.pdf
ANN: https://bitcointalk.org/index.php?topic=5201899.new#new
TWITTER: https://twitter.com/CryptoSmartBeta
FACEBOOK: https://www.facebook.com/CryptoCommonwealth/
LINKEDIN: https://www.linkedin.com/company/cryptocommonwealth
INSTAGRAM: https://www.instagram.com/crypto_smart_beta
YOUTUBE: https://youtube.com/channel/UCpsI9ikWg7HKobrj_1Zq38A
MEDIUM: https://medium.com/@CryptoCommonwealth
Author: dey90
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=731808
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