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BitcoinCorner – ICO Detailed Information


ICO BitcoinCorner
Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start August 14, 2018
End August 14, 2019
Rating 2.7
Status
KYC Yes
Founded
Categories Finance
Platform
Whitepaper No
Discussion
Countries

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BitcoinCorner Overview

ICO description, Technical Details and Documents

BitcoinCorner: Educating People About Cryptocurrencies


BitcoinCorner is a German fintech startup that is registered in the jurisdiction of Malta. The project’s primary mission is to raise awareness of the global population about the blockchain technology in general, and Bitcoin in particular, in order to afford them an opportunity to operate freely and knowledgeably with these currencies, thus increasing the chances of obtaining the financial wellbeing.

Apart from becoming the globally recognized knowledge broker, BitcoinCorner plans to establish a network of the so-called BitcoinCorner Stores, where users will be able to buy goods and services using the information and the skills acquired thanks to this project.

Naturally, this project has its own token called the Corner Coin which will serve as a means of payment within the platform and in the BitcoinCorner Stores, and also will be used for the P2P trading.

The BitcoinCorner ecosystem


Although Bitcoin has emerged more than ten years ago, the majority of people around the world remain unaware of the possibilities that this digital asset offers, let alone its technical specifications. As you know, ignorance breeds suspicions and phobias, which is probably why cryptocurrencies are still perceived by many as a form of a scam.

BitcoinCorner creates a comprehensive education and financial ecosystem with the sole purpose of promoting the universal use of cryptocurrencies. The system has the following constituents:

The Corner Coin (CoCo) is the ERC-20 utility token, the purpose of which is to provide access to the entire set of platform features and act as a financial transfer facility. The token is currently being offered to keen investors through the ICO.

The BitcoinCorner App exercises the function of the payment outlet and the crypto exchange to facilitate seamless interaction between users and retailers. To put it simply, a user makes a payment in CoCo which is subsequently converted to fiat which a seller receives on his account. The app is an integral part of the BitcoinCorner payment vehicle which is supplemented by the eponymous ATMs, digital wallet, and debit card.

The BitcoinCorner Bank will be the first virtual bank in Europe licensed for operations by the Federal Financial Supervisory Authority (BaFin) of Germany. An account in the Bank will grant its holder an opportunity to store and spend fiat currencies obtained from the operations with crypto.


Members of the BitcoinCorner team

Social media presence


BitcoinCorner has the largest presence on Telegram with 35,097 members in their “BC Recruitment” group; the number of readers on Twitter is respectful - 8,205, while the Facebook audience is much smaller, yet decent - 1,374 followers. The project published content in both English and German languages.

ICO details


BitcoinCorner is conducting the ICO which will run until August 14. The project tries to hit the hardcap of 30.3 million EUR. The price of 1 CoCo is 0.1 EUR with the minimum investment threshold of 100 CoCo. The tokens can be purchased only with Bitcoin or Ethereum. All investors must pass KYC.

Author: Alex Paulson for Crypto-Rating.com

BitcoinCorner Milestones

* Crypto Rating accepts no liability for any errors in the BitcoinCorner ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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