[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 11 KB, 1200x630, coinmetro.png [View same] [iqdb] [saucenao] [google]
23639787 No.23639787 [Reply] [Original]

The Coinmetro Bond is LIVE!

https://bond.coinmetro.com/

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 <<, or just input my username which is "default"), that way we both get some nice rewards.

>> No.23639789
File: 2.95 MB, 1280x720, Bond WebM.webm [View same] [iqdb] [saucenao] [google]
23639789

How do you unlock a higher tier?

>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

Coinmetro Socials
>Twitter: https://twitter.com/coinmetro
>Telegram: t.me/CoinMetro
>Medium: https://medium.com/@coinmetro

>last AMA
https://www.youtube.com/watch?v=hItUgUl10gU

I'll pop in throughout the day to answer any questions you might have, thanks for reading.

>> No.23640138

I have grown weary

>> No.23640192

>>23640138
Of Coinmetro? I agree it's been a long road, but things are finally starting to take off

>> No.23640199

Will coinmetro eventually apply to become a bank akin to kraken?

>> No.23640227

>>23640192
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.

>> No.23640369

>>23640199
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.

>>23640227
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.

>> No.23640627

>>23640227
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.
>>23640369
>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.

>> No.23640692

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?

>> No.23640790

>>23640627
Fair enough, but their marketing team wasn't fully built out at the time and they used all that money for development.

>>23640692
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.

>> No.23640800

Though it should also be said that 24% on a two-year bond is a great deal, no matter how you look at it

>> No.23641134

>>23640790
>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.

>> No.23641148

fuck this scam exchange all im gonna say

>> No.23641238

>>23640800
yeah but what if they shut down?
isn't there to much risk, I'm ready to put down 30k on the bond but...

>> No.23641327
File: 89 KB, 830x738, coin metro xcm.jpg [View same] [iqdb] [saucenao] [google]
23641327

>>23640790
>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

>> No.23641431

>>23641134
Fair enough, but I think the ROI that they've achieved on their current testing looks promising.

>>23641238
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.

>>23641327
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.

>> No.23641458

>>23640369
fuck off kevin

>> No.23641805

Here's the live page for the bond, for those interested:

https://go.coinmetro.com/security-token-platform/coinmetro-bond

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.

>> No.23641959

is anyone buying this

>> No.23642296

Is anyone buying this?

>> No.23642334
File: 11 KB, 300x168, asi8284j8g0kkka0asl34ly62o4p.jpg [View same] [iqdb] [saucenao] [google]
23642334

>>23639789
>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.

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

NO.WAY.THATS.REAL.

>> No.23642397

How are CM gonna compete with zero fees exchanges like Digitex?

>> No.23642411

>>23642397
If I am not mistaken you get PAID on CM if you trade there.

>> No.23642598
File: 1.01 MB, 1920x1080, httpswww.youtube.comwatchvhJ_QCUZVNAw.png [View same] [iqdb] [saucenao] [google]
23642598

I have over 100k xcm when is something going to happen?

>> No.23642728
File: 324 KB, 600x600, 1603770034911.png [View same] [iqdb] [saucenao] [google]
23642728

>> No.23642816

>>23641959
>>23642296
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

>>23642334
It is, check yesterdays AMA

>>23642397
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.

>>23642598
S O O N

>> No.23642865

>>23642397
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

>> No.23643058

>>23642865
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.

>> No.23643075
File: 690 KB, 709x574, chrome_fYUzsxMQfK.png [View same] [iqdb] [saucenao] [google]
23643075

WOW I CANT BELIEVE KEVIN IS A TRUMP SUPPORTER
WOW JUST SOLD ALL MY XCM WOWOWOW

>> No.23643342

kevin looks like a skeleton

>> No.23643594

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.

>> No.23643682

>>23643594
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

>> No.23643726

>>23643682
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.

>> No.23643749

>>23643726
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?

>> No.23643784
File: 269 KB, 1095x1195, 1603014187816.jpg [View same] [iqdb] [saucenao] [google]
23643784

Red pill me on XCM

>> No.23643824

>>23643749
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.
>>23643784
Our most favourite stable coin, which could finally move and go ballistic. It's tied to exchange / volume growth.

>> No.23643994
File: 1019 KB, 1290x1080, 1598299961504.png [View same] [iqdb] [saucenao] [google]
23643994

>>23643824
>It's tied to exchange / volume growth.
Is it though? Exchange volume has been steadily growing, while XCM has seen a great decline in price. I don't think the fees aspect of XCM comes into play until the exchange has billions in trade volume.

>> No.23644094

>>23643749
If you invest in any business, there's always a risk that it shuts down, no matter how big/small it is. The chance of that happening to Coinmetro is extremely small though, their previous investors have made it clear that they're commited. The only reason Coinmetro is doing a public sale is to show-case the tokenized asset platform.

>> No.23644142

>>23643994
I tend to agree, which is why I'm buying into the bond instead of buying more XCM. That's a gauranteed 24% increase over 2 years and if XCM shoots to 5€ or whatever, I can just swap my bond tokens into XCM at a locked price of 0.20 € a piece. It's the smart move IMO

>> No.23644483
File: 546 KB, 1911x975, file.png [View same] [iqdb] [saucenao] [google]
23644483

>>23643784
>Red pill me on XCM
will make video soon

https://streamable.com/orjuvp

>> No.23644654
File: 184 KB, 800x806, 1575964605122.png [View same] [iqdb] [saucenao] [google]
23644654

>>23644483
>not sure if based or concerning

>> No.23644877
File: 119 KB, 369x157, file.png [View same] [iqdb] [saucenao] [google]
23644877

>>23644654
Incomprehensibly based if I do say so myself
here is my previous work
https://streamable.com/xomcmu
keep the price in the video in mind, imagine that anon, if you listened to some random retard on biz, and invested $400, you could have made $15k by selling the top

also this
https://streamable.com/2ffss2

>> No.23645013

>>23644877
>$15k
my math is wrong, should be 12,388€ for 400€ not 15k, sorry bout that

>> No.23645153

>>23643824
Yep. The xcm market buys due to fees has still maybe just a very small effect on the token price at the current volumes. If at all. User xcm trading is still the influencing factor, especially hype buys or desperate dumps. xcm day trading is pretty neutral and keeps the token price stabke so far. However, the token is tied to the overall exchange volume and not just xcm volume. Also with exchange growth the interest in xcm also increases. Both factors will effect the xcm price positively.

>> No.23645263

>>23643994
I'd say we'll start seeing a clear impact once daily volume crosses 10 million €. Which is not far off, going by the recent partnerships and the upcoming increase of marketing once the bond sale is over.

>> No.23646031

>>23644877
WELL?

>> No.23646994

>>23639787
Pretty good start so far

>> No.23647389

>>23646031
well what anon?

>> No.23647422

>>23646994
Yup, it's currently only available to ICO contributors and whitelisted people and yet it's already raised over 2% under 48hrs, pretty good.

>> No.23647521
File: 132 KB, 1242x1219, 1596838102217.jpg [View same] [iqdb] [saucenao] [google]
23647521

Is 1500 xcm enough to make it?

>> No.23647594

>>23647521
Probably not, but it's a step in the right direction!

>> No.23647937

/biz/ is the only place that talks about CoinMetro.

>> No.23648098

>>23647937
like chainlink at the beginning and most of this degen defi shit

>> No.23648349

>>23647937
Almost everything gets brought up on /biz/ at some point, from the best of projects to the worst of scams. It's usually the latter.

>> No.23648416

>>23647937
thats false.
biz does in fact NOT talk about coinmetro, this thread is an exception, the truth is no one is talking about them.
this thread barely has 20IP's in it
if you think thats bad then thats your opinion, for me, its good

>>23648098
>>23648349

>> No.23649323

>>23641805
nice bond bro! after 2 years you can swap into equity for another failed Kevin exchange! (valued at 50 million dollars btw)

the real problem with coinmetro is nobody wants to actually use it or its crappy ui. Over two years it has spawned a couple of hundred bagholders who sit around in telegram asking kevin to pump their bags instead of using the exchange. This is why the trams never took off - no one wants to trade. srs go look at the site and tell yourself this took 2 years and millions of dollars to build..they cant even make a mobile app

>> No.23649743

>>23649323
I use the platform as fiat on ramp instead of cb.

>> No.23650013

>>23649323
The UI is fine, the reason they're not well-known is because of their tiny marketing budget and that's going to change once the bond is fully sold out.

They offer instant USD/EUR/GBP on and off ramps, the lowest fees in the industry, the first end-to-end tokenized marketplace to exist and soon also virtual IBANs and debit cards.

I agree it's taken a long time to get here, but we're finally at a point where Coinmetro is primed for success.

>> No.23650393

>>23649323
>the real problem with coinmetro is nobody wants to actually use it or its crappy ui
I'm canadian and it's the only exchange I use
never had issues, at all, ever.
UI is fine honestly
and even trading is remarkably quick, fast and easy.
Lurkers, believe me, this one's solid.

>> No.23650957

>>23649323
>its crappy ui
The UI is not that bad. It is not as good as binance but it is better than the other fiat exchanges (coinbase/kraken/bitstamp).
I stopped using all those 3 and now use only coinmetro for fiat pairs. Works perfectly fine and if there is an issue I can actually get it sorted out in 30 minutes not a week like with the other exchanges

>> No.23651378
File: 389 KB, 1069x618, file.png [View same] [iqdb] [saucenao] [google]
23651378

>>23649323
I'ts my only on/off ramp, its regulated, its good

>>23650957
>>23650393
>>23650013
>>23649743
he's wrong about things that affect users, how should they get users if they didn't tell anyone, its obvious, and he might be just baiting

but, he does have a point, its slow, and there are frontend problems
as an armature designer im pretty baffled on how it took them this long to present pic related

>> No.23651607

>>23650393
>I'm canadian and it's the only exchange I use
same here. The admins in the telegram said that they will add CAD deposits if there's enough interest. If they add eTransfer CAD deposits I will never go back to shakepay

>> No.23651756

I fucking dumped everything after getting in on the ico and losing 70% of my investment. Fuck Kevin.

>> No.23652783

I can't imagine the bond being a better investment than XCM. I mean it's a call option to buy XCM at 20c in two years. I can buy XCM for 3c right now. even with the 24% interest that doesn't seem like a good deal.

>> No.23653605

>>23652783
pls repond. I know only Europoors invest in this and it's the middle of the night there but I know some of you are insomniacs.

>> No.23653609

What happened to the Montenegro sandbox shit? Honestly I stopped followings the news this year.

>> No.23653777

>>23653609
It's running. The first one is going nowhere because no one is dumb enough to invest in property right now and the second one is open to ICO contributers now and the general public in a couple of days.

>> No.23653792
File: 54 KB, 935x960, b9396ba.jpg [View same] [iqdb] [saucenao] [google]
23653792

Better buy sir

CID Cryptid is the demonic love of your tyrant the plan for world domination will be seen forth by your developer tyrant. Join us in The revolution!!!

Website link
crypt-id.com

Discord link
/Mqn3Cz

Telegram link
/CryptidOfficial

Coingecko link
.coingecko.com/en/coins/cryptid

Trading here
app.uniswap.org/#/swap?outputCurrency=0x4599836c212cd988eaccc54c820ee9261cdaac71

New website in the mixed ready for release of tyrants nft

We have big plans hope you pack your bags!!!

>> No.23653803

>>23653792
Thanks, just bought 100k.

>> No.23653845

>>23653792
wen rug?

>> No.23653904

>>23653605
eurochad here, its 4am
read through the thread anon, same question has been answered I think 6 times

>> No.23654182

AAAAAAAAAA PARSNIP
GIVE ME MY BOSTIES

>> No.23654700

>>23651756
I bought 5k XCM in ICO, not a lot but it was all I could afford at the time
As soon as the opening crash happened, I started accumulating more XCM when the price was hovering between 0.015 and 0.02 euro, and continued accumulating for over a year even when the price passed 0.03
I now have over 300k XCM, and I'm a poorfag wagie
My stack is complete. Not selling until XCM hits at least 5 euros in a few years. I believe in the Forehead

>> No.23655416

>>23654700
Nice stack. I'm holding around 250k XCM and 14k PRQ and feeling comfy about it.

>> No.23656140

>>23653777
Good morning, see >>23641431 for an explanation on bonds vs XCM

>> No.23656616
File: 174 KB, 850x798, IMG-20201015-WA0028.jpg [View same] [iqdb] [saucenao] [google]
23656616

What's the funding fee?
Funding Fee (F.I) is a term used in the injective Protocol's System to mean the funding payment that is made for a single contract in the market for a given epoch.

>> No.23656643

>>23656616
Don't shit up my thread with your bullshit, thanks

>> No.23656736

>>23639787
does not give me enough VALUE

>> No.23656791
File: 185 KB, 540x454, 1565699869332.png [View same] [iqdb] [saucenao] [google]
23656791

check out my review that explains the trading platform and different services: review.coinmetro.me

here is a brief digital securities marketplace review: https://medium.com/@coinmetroambassador/the-ignium-csd-and-tokenized-securities-what-is-the-coinmetro-bond-and-the-tangible-kk-real-8bace9ca69d1

also if you sign up by using my link you will get €5 after your trading volume reached €250: signup.coinmetro.me