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Welcome
CoinMarketFeed
World’s Crypto Social Network
CoinMarketFeed is world’s crypto social network. Connect with
thousands of crypto traders and blockchain enthusiasts, Access
real time cryptocurrency data, news and alerts. Buy price
predictions directly from the best crypto traders globally or invest
directly into their smart portfolio.
Whitepaper Ver. 1.0 | English | Nov 2019
Learn, Invest and Earn Crypto
CoinMarketFeed White Paper Ver. 1.0 | Nov 2019 2
Table of Contents
Disclaimer 3
Abstract 6
Executive Summary 8
Problems 9
Solution 11
Market Opportunity 15
Key Statics 15
A New Asset Class 16
The Future of Investing 16
A New Era of Investors 17
CoinMarketFeed Platform 19
Cryptocurrency Data 19
Cryptocurrency News Feed 20
Smart Portfolio Fund 21
Prediction Marketplace 22
Crypto Consultation 24
Crypto Quiz 24
CoinMarketFeed Token (CMF) 25 CMF Token Utility 25
Proof of Content (POC) 27
Proof of Engagement (POE) 27
Token Economics 28 Use of Proceeds & Funding Strategy 29
Transparency 30
Go to Market Strategy 30
Our Team 31
Roadmap 33
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 20193
This document and any other documents published in association with this white
paper relate to our Initial Token offering (CoinMarketFeed Token) to persons
(contributors) in respect of the intended development and use of the platform by
various participants. No regulatory authority has examined or approved any of the
information set out in this white paper. The periodical sharing, broadcasting or
publication of this white paper by no means shall indicate that the relevant laws,
jurisdictive rules, or advisory claims are a part of some compilation. As endorsed
by the pertinent laws, principles, and protocols; CoinMarketFeed and its
respected associates (including the officials and the agents), with regards to the
CoinMarketFeed platform and CoinMarketFeed Token (CMF), are not subject to
blame for any damage including direct/indirect, incidental/accidental, major/minor
damages such as loss of profits or revenue, trading losses, third party losses
(predictable or otherwise),damages resulting from the effectiveness or
ineffectiveness of the CoinMarketFeed website and CoinMarketFeed Token (CMF).
As of the date of publication of this white paper, (CMF) has no known potential
uses outside of CoinMarketFeed Platform Ecosystem. This white paper does not
constitute advice nor a recommendation by CoinMarketFeed, its officers,directors,
managers, employees, agents, advisors or consultants, or any other person to any
recipient of this white paper on the merits of the participation in the Initial token
Offering. Participation in the Initial Token Offering carries substantial risk and may
involve special risks that could lead to a loss of all or a substantial portion of such
a contribution. Do not participate in the Initial Token Offering unless you are aware
and prepared to lose the entire amount you allocated to purchase
CoinMarketFeed Token (CMF).
1. Disclaimer
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 20194
CoinMarketFeed Token (CMF) should not be acquired for speculative or
investment purposes with the expectation of making a high return or immediate
resale. No promises of future performance or value are or will be made with
respect to CoinMarketFeed Token (CMF), including no promise of inherent value,
no promise of continuing payments, and no guarantee that CoinMarketFeed
Token (CMF), will hold any particular value. Unless prospective participants fully
understand and acknowledge the nature of the CoinMarketFeed Platform and the
potential risks inherent in CoinMarketFeed Token (CMF), they should not
participate in the Initial Token Offering. CoinMarketFeed Token (CMF), are not
being structured or sold as securities. Also, this document does not constitute an
offer of securities or a promotion, invitation or solicitation for investment
purposes. The terms of the contribution are not intended to be a financial service
offering document or a prospectus. This white paper contains forward-looking
statements or information (collectively “forward-looking statements”) that relate to
CoinMarketFeed’s current expectations and views of future events. In some
cases, these forward-looking statements can be identified by words or phrases
such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”,
“seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these
terms, or other similar expressions intended to identify forward-looking
statements. CoinMarketFeed has based these forward-looking statements on its
current expectations and projections about future events and financial trends that
it believes may affect its financial condition, results of operations, business
strategy, financial Needs, or the results of the Initial Token Offering or the value or
price stability of CoinMarketFeed Token (CMF).
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 20195
CoinMarketFeed’s business is subject to various laws and regulations in the
countries where it operates or intends to operate. There is a risk that certain
activities of CoinMarketFeed may be deemed in violation of any such law or
regulation. Penalties for any such potential violation would be unknown.
Additionally, changes in applicable laws or regulations or evolving interpretations
of existing law could, in certain circumstances, result in increased compliance
costs or capital expenditures, which could affect CoinMarketFeeds’s profitability,
or impede CoinMarketFeeds’s ability to carry on the business model and the
CoinMarketFeed token (CMF) model proposed in this white paper. Readers are
warned against placing undue confidence in these statements and taking them
literally. All information about Initial Token Offering communicates only as of the
date of their release in the form of this white paper.
By Continue reading this whitepaper I acknowledge and agree that I have
understood the risks involved in cryptocurrencies and Initial Token Offering.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 20196
2. Abstract
In this white paper, we ( Billion Traders Pte. Ltd. ) present our model for
CoinMarketFeed — The Gateway to Crypto. CoinMarketFeed platform is powered
by its own utility token referred to as the CoinMarketFeed Token (CMF).
2.1 CoinMarketFeed Platform
CoinMarketFeed is a multi-dimension platform that brings together a Data Tracking
platform, Global Newsfeed platform, Prediction Marketplace, Smart Portfolio Fund,
Crypto Quiz platform and a social network that allows users to connect with each
other.
2.2 Prediction Marketplace
CoinMarketFeed’s Prediction Marketplace is a service we offer that allows expert
traders from around the globe to share their cryptocurrency trading strategy online.
Other users can then unlock these strategies by paying for them on the platform.
2.3 Smart Portfolio Fund
Smart portfolio fund is a hedged crypto fund created by traders to offer their
portfolio management services to clients directly on the platform. Users can
purchase the platform token and can authorise expert traders to manage their
portfolio on their behalf.
2.4 Crypto QuizTM
Crypto Quiz is World’s 1st Crypto Social Contesting Network designed to
encourage mass crypto adoption. With a user-friendly interface and a fun way of
learning about cryptocurrencies, Crypto Quiz would intrigue more people to
experience cryptocurrencies while also enjoying the process.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 20197
2.5 CoinMarketFeed Reward Engine
CoinMarketFeed Reward Engine is our proprietary algorithm that will power
CoinMarketFeed ecosystem. The platform would use the Reward Engine to reward
the content creators and content consumers on the CoinMarketFeed platform on a
daily basis.
2.6 CoinMarketFeed Token (CMF)
CoinMarketFeed Token (CMF) is a utility token that powers the CoinMarketFeed
ecosystem. It is an ERC20 token based on the Ethereum Blockchain. Users can use
the CMF token to obtain all kinds of services on the platform.
2.7 Proof Of Content (POC)
Proof of Content (POC) is a proprietary algorithm used by CoinMarketFeed reward
engine to measure valuable content contribution by the community members and
reward them in CMF tokens accordingly.
2.8 Proof of Engagement (POE)
Proof of Engagement (POE) is a proprietary algorithm used by CoinMarketFeed
reward engine to measure the engagement created by the users and reward them in
CMF tokens accordingly.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 20198
3. Executive Summary
CoinMarketFeed is a product of Billion Traders Pte. Ltd., a Singapore-based
Internet company focused on the cryptocurrency and blockchain industry.
Established in July 2018, CoinMarketFeed aims to become the world’s gateway to
crypto.
Technology has changed human lives for the better in ways unimaginable. It has
brought us unprecedented innovations that continue to add value to the human
race. One such innovation was the internet. It made this world a global village and
everyone living in it a publisher. People went from struggling hard to sign a deal
with a famous publisher to get their ideas in front of the world to simply typing
things and hitting “enter” to let the world read their thoughts.
Similarly, the creation of Bitcoin by Satoshi Nakamoto, the pseudonym of the
person or group that invented Bitcoin, took the world of investment by a storm. It
marked the ascend of a new asset class famously known as cryptocurrencies.
While the internet made everyone a publisher, cryptocurrencies have the potential
to make everyone an investor. It is highly likely that the next wave of investments
would not be led by Venture Capitalists but by small groups of individual investors.
Over the past 18 months, we have been working silently to create a platform that
could serve as a one-stop solution for all your crypto needs. We designed
CoinMarketFeed to give its users access to institutional-grade crypto information,
tools, and services. This will help them stay ahead of the curve and help them in
making well-informed decisions about potential investment opportunities in this
rapidly growing new asset class.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 20199
4. Problems
We can all agree to the fact that the cryptocurrency market is far from mature. While
it is trying to solve the issues of other industries, there lie numerous problems in
itself that need cutting edge solutions. To start with, here are the problems that
investors and potential investors experience in the cryptocurrency market:
4.1 Information Imbalance
Information is the basis of all decisions taken in the cryptocurrency industry, and at
the moment, the internet is flooded with irrelevant, low-quality information about
blockchain and cryptocurrencies. Every passing day only adds to that clutter.
Publications and cryptocurrency data tracking websites publishing such information
seem the least concerned about quality. They are only aligned to use investors’ fear
and greed to achieve their personal gains quickly through intensive capital
operations.
In all this mess, the ones that face the most harm are the honest investors, who
take wrong decisions based on the wrong information that publications serve. This
ultimately leads them to lose interest in the blockchain and cryptocurrency market,
which would eventually impact how far cryptocurrency reaches into common
people’s lives.
4.2 Lack of Transparency & Accountability
Transparency is a word that comes tagged to cryptocurrency and blockchain all the
time. And ironically, it is that one thing that many organizations functioning in this
industry severely lack.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201910
January 8, 2018, was witness to something that stands proof of how grave the
situation is. The most elite crypto ranking platform, CoinMarketCap, announced the
exclusion of South Korean Market from its price valuations without prior notice. This
had a terrible impact on the crypto market, with many cryptos losing a considerable
part of their price. Ripple (XRP) lost a net valuation of over $20 billion in that one
day.
If only we had a more transparent system driven by community participation, we
could have prevented such an incident.
4.3 Lack of Basic Infrastructure to Promote Mainstream Crypto
Adoption
The 2017 crypto boom brought massive value to the crypto community. More
people than ever before know about or have at least heard of cryptocurrencies and
blockchain. This also gave way to the creation of a variety of crypto and blockchain
platforms and DApps that promised numerous solutions. However, there is still a
lack of a platform that could become the voice of the crypto community and could
promote this industry on a wide scale. We still lack a platform that could lead the
blockchain and crypto industry towards the much-awaited mass adoption.
To do that, we would need tools that could allow people to comprehend the world
of cryptocurrencies better and make informed decisions. That is when we would
actually thrive as a community.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201911
5.1 CoinMarketFeed Technical Architecture Welcome
5. Solutions
Data Layer
Data Processing
Client End Application
Access Layer
Reward Engine Users
Markets UsersPublishers
Android iOS APIWeb
Content Consumption & Engagement Behaviour
Potential Payout For Proof Of Content (POC) & Proof Of Engagement (POE)
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201912
5.2 Transparent Data & Content Evaluation Mechanism
Transparency is one of the core values of CoinMarketFeed and we intend to imbibe
it in every aspect of the platform. We want users to be able to trace back every
piece of content published on the platform to its origin. This would ensure that we
do not enforce our judgement of the content on our users.
Our content evaluation works on the basis of establishing a free expression
mechanism for the publishers and the community members while also achieving
permanent records and backtracking on the premise of free expression. This ability
would allow truly insightful key opinion leaders to emerge on our platform
CoinMarketFeed also intends to leave behind the days when the only viable option
to evaluate the quality of the content was to consider the number of views or likes
on that. Considering the advancement in shady algorithms and bot mobs that add
fake engagement on content, we believe this is the right time for a change.
CoinMarketFeed’s algorithm implements screening of high-quality content by
collecting weighted content consumption behaviour of community members and
KOL evaluations.
5.3 Institutional-grade research and investment tools
When it comes to investing, CoinMarketFeed is on a mission to help investors have
the smoothest and most advanced experience. Since its inception, we have been
building a set of institutional-grade investment tools on our platform that would
help our investors stay ahead of the competitive investment curve. Our tools are
built for the automation of users’ information and trading strategies in a highly
personalized environment. They shall be available in both free and premium
subscription model.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201913
Here’s how our users would benefit from the CoinMarketFeed data tools
PERSONALIZEDAbility to customize tools to track only
relevant market data and information.
EFFICIENCYWide range of trading tools available on a pay per tool basis.
ACCURACYTimely and accurate
data following financial data standards.
DEPTHIn-depth data analysis tools for well-informed
trading decisions.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201914
5.4 Incentive-Driven Business Model
Bitcoin and other incentivized cryptocurrencies have already proven the potential of
an incentive-driven business model. This is why the CoinMarketFeed platform’s
business model is driven by incentive. Considering that the cryptocurrency industry
is relatively new and in its growing phase, providing incentives to our users would
help us broadcast our message to a wider audience and also bring cryptos to the
masses.
Following our vision to create a shared economy we will create several incentive
opportunities for both the content creators and content consumers. As described in
our token economics, 55% of CoinMarketFeed Tokens (CMF) are reserved towards
the user reward pool. We would spend this to provide an incentive to the content
creators and content consumers proportionally.
Our end goal is to spread the word about cryptocurrencies to as many people as
possible and help drive the cryptocurrency industry towards mass adoption.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201915
6. Market Opportunity
The cryptocurrency and blockchain space is currently like an ocean; we are yet to
explore a major part of it. However, the innovation that we’ve seen and experienced
so far has made one thing clear, that it holds tremendous potential. And what better
to start with than the market statistics?
6.1 Key Statistics
The crypto space stands at a market capitalization of over $240 billion
In just 10 years, almost 7% of the world population has invested in crypto
More than 50 million people across the globe own cryptocurrencies
Daily trading volume of cryptocurrencies exceeds $68 billion
Major countries such as China, Singapore, Canada, and India are Working towards a central bank digital currency (CBDC)
There are over 300 cryptocurrency hedge funds worldwide
There are over 400 blockchain & cryptocurrency venture capital funds
Royal Bank of Canada is all set to launch their own crypto exchange
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201916
6.2 A New Asset Class
10 years is not a very long time, and that is how long cryptocurrencies have been
around. With the current valuation sitting atop $240 billion, the cryptocurrency
market is expected to grow at 11.9% CAGR between 2019 and 2024. It has
presented the world with a completely new asset class and has grabbed the
attention of technologists, innovators and investors alike. Major companies and
financial institutes, including central banks, have placed their bet on
cryptocurrencies. In the first quarter of 2019 alone, venture capital funds invested in
crypto startups by corporates spiked over $850 million. In 2018, such investments
touched $2.7 billion. Apart from corporates, individual investors too have shown
immense interest in this sector, helping crypto startups raise over $3.3 billion
through the first half of 2019.
These numbers speak for themselves to prove that cryptocurrencies are a thriving
new asset class that holds the potential to become an integral part of our day to
day finance.
6.3 The Future of Investing
The present global investing scenario bars several opportunities that could prove
crucial for many investors. As per the conventional method of investing in stocks,
only venture capitalists and other large-scale investors can invest in a company in
its initial days. Due to this, individual investors today remain aloof from the
opportunities of investing in a new-found company. In many cases, this cuts them
off from the possibilities of generating the maximum profit from a company’s
growth.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201917
There are also many types of assets such as real estate, arts, and artefacts that
most investors cannot invest in given the huge investment capital required for the
same. On the other hand, investors are also limited by their geographical
boundaries. It’s an unnecessarily lengthy and messy affair to invest in companies
from other countries.
The advent of cryptocurrencies, however, has started to bring about a paradigm
shift in the investment sector. With fundraising methods such as ICO and STO,
individual investors are now able to participate in the investment rounds of
companies from their infant days. Although this adds to the risk of fund loss, it also
multiplies the profit potential, which aligns with the principle of the investment
world: more the risk, more is the reward.
Speaking of cryptocurrencies, the concept of tokenization has taken the investment
sector by a storm. Everything from stocks and bonds to real estate can now be
converted into smaller portions of their crypto token equivalents. Tokenization splits
up a huge investment asset into many smaller portions of electronic tokens costing
a smaller amount. Due to this, individual investors can now invest in these
otherwise expensive assets without worrying about gathering a huge capital and
still reap the benefits from its growth.
Also, tokens representing these assets are created on the blockchain, which is a
borderless technology, meaning that the tokens are not restricted to any
geographical boundaries. This makes investing in any asset or a company’s stock
from any country easy and hassle-free. It is also cost-effective as one does not
require a middleman to execute the trades.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201918
6.4 A New Era of Investors
The crypto boom of 2017 intrigued many to try their hands at investing in
cryptocurrencies. While a part of those investors took the decision under the fear of
missing out (FOMO) and would have soon quit the markets, the crypto industry
certainly was able to retain a huge portion of that new investor base. This can be
drawn from the increase in daily trading volumes of cryptocurrencies that today
measure at over $65 billion
Compared to the early days of cryptocurrencies, the landscape has had a drastic
change. Whether we talk about regulatory authorities or tech-giants or major
financial institutes, there has been a huge shift in the way this nascent technology is
treated, talked about, and regulated. Federal authorities have gained pace in their
work towards fully including cryptocurrencies under the regulatory framework. And
apart from a few countries, it is most likely that others would have supportive
crypto regulations. Major companies such as Facebook, Tencent, Alibaba, Amazon,
etc. are already experimenting with their crypto projects.
Cryptos have especially acted as an entry point for many investors in Asia as well
as other parts of the world. eToro, a famous social trading and multi-asset
brokerage firm, reported that 73% of its new users who signed up on the platform
between 2017 and 2018 purchased cryptocurrencies. There is no doubt that with
time, cryptocurrencies would attract more investors, both individual as well as
institutional.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201919
7. CoinMarketFeed Platform
CoinMarketFeed is an all-inclusive platform for cryptocurrency and blockchain
enthusiasts around the globe, rookie or pro. It acts as a common point between
thousands of cryptocurrency traders so that they may socialize with like-minded
people — the early adopters — and thrive with each other in this relatively new
technological landscape. It is also a one-stop-shop for all forms of cryptocurrency
data, tools, news and alerts that traders might need to make sound trading
decisions. Besides, the platform also allows new traders or those with the lack of
time to learn trading to buy the price predictions and trading strategies of expert
traders or invest in their smart portfolio.
CoinMarketFeed aims to become a community of cryptocurrency investors where
people can interact with each other and share their experiences for the all-round
development of the community and better and safer trading.
7.1 Cryptocurrency Data
There are more than 2000 cryptocurrencies traded globally on 200+ cryptocurrency
exchanges. In an effort to help the thousands of traders on CoinMarketFeed make
the best trading decisions, we bring the most accurate data and stats relating to
these currencies to them every day.
7.2 Cryptocurrency Prices
Accurate, reliable, real-time market cryptocurrency prices are the first need of every
trader. And with a market as volatile as cryptocurrencies, the importance is further
increased. At CoinMarketFeed, we ensure that we deliver the most accurate price
data of more than 2,000 cryptocurrencies and tokens to our traders.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201920
7.3 Cryptocurrency Market Capitalizations
CoinMarketFeed keeps tabs on more than 2,000 cryptocurrencies and delivers the
most accurate market capitalization of each of those.
7.4 Cryptocurrency Development & Social Stats
While the prices of cryptocurrencies and their market capitalization reflect the
growth of a coin or token to some extent, they are not sufficient. Hence, at
CoinMarketFeed, we also consistently track the development and community
growth of the project to help traders make more risk-free trading decisions.
7.5 Cryptocurrency Exchange Data
There are more than 200 cryptocurrency exchanges around the globe, and
CoinMarketFeed aims to connect with all these exchanges to provide its users with
the most accurate and reliable price feed. At the time, CoinMarketFeed already
curates and collects data for its users from the top 100 cryptocurrency exchanges.
We expect to soon take this number to over 200.
7.6 CoinMarketFeed News Feed
Keeping a watch on all news platforms for the latest updates about the blockchain
and cryptocurrency space is a hectic task for traders and investors.
CoinMarketFeed reduces that burden by curating and bringing the most important
news updates from every global cryptocurrency & blockchain publisher on a single
platform.
Our users can further opt for CoinMarketFeed Pro to customize their feed according
to their need. They can choose to get instant alerts for specific keywords, events,
price movements of all 2,000+ cryptocurrencies, and more. The flexibility of the
portal also allows users to create multiple views across assets, categories and
sentiments within the application.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201921
7.7 Smart Portfolio Fund
The cryptocurrency market is quite immature at the moment, and to add to it, it is
riddled with fear, uncertainty, and doubt. To a great extent, this rules out the
possibility of trying to comprehend the price movements of cryptocurrencies using
conventional principles of technical and fundamental analyses. It’s true,
cryptocurrencies are a whole new level of investment assets. The industry is also
deprived of a unified process that users could trust to skim the unreliable data from
the high volume of information. This makes managing portfolios all the more
challenging and risky.
On the other hand, investing in cryptocurrencies is not everyone’s piece of cake, let
alone managing a cryptocurrency portfolio.
CoinMarketFeed’s Smart Portfolio Fund allows all crypto investors on the platform
to directly invest in the portfolios of expert cryptocurrency traders, hence, saving
them from the need to micro-manage their portfolio every day. This makes
cryptocurrency investment easy and convenient.
When expert traders manage Smart Portfolio Funds on behalf of investors, they get
a portion of the profit made from it as agreed during the purchase of the portfolio
between the investor and the trader. They can redeem it either at the end of the
predefined term of the fund or before that when the investor requests the
withdrawal. This is a win-win for both the investor as well as the trader who
manages the fund.
To negate any chances of traders pulling off a fraud with new investors who have
invested in their Smart Portfolio, CoinMarketFeed stores the invested amount with a
fully insured third-party crypto custodian.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201922
This only allows the trader to make changes in the portfolio between pre-approved
assets while restricting them from making any withdrawal requests.
As is the case with posting premium predictions on CoinMarketFeed, expert traders
can only offer a Smart Portfolio Fund service to investors after reaching the
minimum threshold, i.e. the Success Score. As an additional security measure,
traders must also do a KYC and AML verification, which includes making at least
the past 6 months of his exchange trades either public or accessible to the investor
on request.
7.8 Prediction Marketplace
“Knowledge is money.”
The CoinMarketFeed platform helps expert cryptocurrency traders realize that
statement. At the Prediction Marketplace, expert traders from around the world can
share their trading knowledge and price predictions along with the profits their
strategies have brought them. Traders would have the right to choose whether they
want to make their predictions available for free or premium. However, to post
premium predictions, they would initially have to achieve the “Success Score” by
posting free strategies to prove their effectiveness.
New investors, who still lack the confidence in their own strategy, can buy these
strategies and predictions directly from the expert traders. The platform stores the
payment in an escrow wallet unless the trade is complete. If the trade turns
profitable for the trader, the amount is released into the expert trader’s account,
otherwise, the investor gets a full refund. This assures new investors that they
would not lose money on inefficient trading strategies.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201923
7.8.1 Success Score
Every prediction that traders post on the CoinMarketFeed platform adds to their
Success Score. It is a direct indication of the effectiveness of their predictions. This
makes it easier for investors to decide between expert traders from whom they can
buy price predictions and trading strategies.
7.8.2 Verifiable Credibility
Traders on CoinMarketFeed platform need to go through an extensive due diligence
process before they can post premium predictions on the marketplace. They also
must achieve the minimum required Success Score to post premium predictions.
By adopting this method, CoinMarketFeed ensures that there is a consistent flow of
highly reliable premium predictions for its users.
7.8.3 Collateral Model
Although not mandatory for posting premium predictions, expert traders can make
their predictions stand out amid the numerous others by utilizing the Collateral
Model. They can stake a collateral amount to their predictions which would reflect
their confidence in that particular prediction and hence would be easy for other
traders to trust and buy. In case of their prediction tuning false, their collateral gets
locked for 48h from the expiry time of the prediction blueprint, leaving them with
lesser funds to stake for next prediction.
7.8.4 Profit Oriented
Having been built to deliver maximum benefits to its users, the Prediction
Marketplace of CoinMarketFeed works on a pay-per-prediction basis rather than on
a monthly signal group fee basis. This allows users to hedge their trading risks and
maximize profitability.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201924
7.9 Crypto Consultation
One can learn a lot about cryptocurrency trading on the internet but nothing
parallels a one-to-one video consultation with an expert trader. This is why
CoinMarketFeed helps its users choose an expert trader from around the world and
pre-book a consultation with them. This would be the perfect opportunity for those
just getting their feet wet in the cryptocurrency markets as well as for those who
might want to learn from their industry seniors because there is no such thing as a
limit when it comes to learning new things.
7.10 Crypto Quiz
If we need one thing more than rest others in the crypto space, it is the inclusion
and involvement of the masses in this. And what’s better than to provide them with
some infotainment? Hence, CoinMarketFeed has devised the first social contesting
platform, Crypto Quiz, powered by CMF token. It has the look and feel of the crypto
industry and an interactive UI and UX. Crypto Quiz aims to engage people from all
around the world in this field of technology.
Initially, CoinMarketFeed will host 1,000 free Crypto Quizzes daily with a total
reward pool of $5,000 per day. Every user would be allowed one free participation
in the quiz, following which, they can stake CMF tokens to participate a maximum
of 5 times a day.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201925
8. CoinMarketFeed Token (CMF)
Denoted by the ticker CMF, CoinMarketFeed Token is an ERC20 utility token built
on the Ethereum protocol. CMF fuels all features of the CoinMarketFeed ecosystem
where users would be able to use it as a transferable digital license to take benefit
of the different services available on the CoinMarketFeed portal.
8.1 CMF Token Utility
While there would evolve many new use cases of the CoinMarketFeed token (CMF)
on the platform in the future, some of the immediate use cases that users would be
able to enjoy are:
8.1.1 Immediate Token Utility
Immediately after the launch of the project, CoinMarketFeed token (CMF) would be
used to reward content creators through Proof of Content (POC) as well as content
consumers through Proof of Engagement (POE).
In addition, content creators on the platform can use the token to promote their
posts and present them in front of a bigger audience on the platform. Crypto Quiz
players would be able to stake CoinMarketFeed tokens (CMF) in their wallets to
enjoy a higher free play limit of the quizzes organized on the platform.
(With the beta testing of the platform close to its conclusion, we anticipate that the
platform will be fully live within three months with all the above-mentioned features.)
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201926
8.1.2 Future Token Utility
In addition to the immediate use cases that will be there since the very launch of
the platform, the primary token utility shall be driven by the below-mentioned
features post successful launch.
8.1.2.1 CoinMarketFeed Pro
CoinMarketFeed platform offers a freemium subscription model. Users willing to
experience the platform ad-free and also enjoy the exclusive premium features of
CoinMarketFeed would be able to do so by paying a monthly fee or by staking a
minimum of 5,000 CMF tokens every month.
8.1.2.2 Advertisement Fee
Companies would be welcome to advertise their products and services to our vast
user base. They would also enjoy the flexibility to pay the advertisement fee through
various modes of payments. However, those choosing to pay with CoinMarketFeed
tokens would enjoy up to 25% advertising bonus on the CoinMarketFeed platform.
8.1.2.3 Prediction Marketplace
The Prediction Marketplace offers expert traders to put their price predictions for
sale on the platform. As a mark of accountability and a means for buyers to have
confidence in them, traders can stake CMF tokens for their predictions.
Other users on the platform can then buy these predictions by paying for them in
CMF tokens. Expert traders can also choose to accept payment in CMF tokens to
eliminate commission fee.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201927
8.1.2.4 Consultation Fee
If users choose to pay in CMF tokens for cryptocurrency investment consultations
with expert traders, they would enjoy up to 25% discount on the fee.
8.1.2.5 Smart Portfolio Fund
Users paying for Smart Portfolio management in CMF tokens would enjoy zero
order placing fee in addition to a discounted fee on the generated profit.
8.1.3 Proof of Content (POC)
Every content creator on the CoinMarketFeed platform would receive rewards from
the CMF reward pool. To allocate the reward amount to each creator,
CoinMarketFeed platform relies on Proof of Content (POC), which is a proprietary
algorithm used by CoinMarketFeed reward engine. POC measures the valuable
content contribution by each community member and accordingly sanctions CMF
tokens to their wallets.
8.1.4 Proof of Engagement (POE)
Content consumers on our platform enjoy the benefit of spending time and
engaging with content on CoinMarketFeed. Proof of Engagement (POE) is a
proprietary algorithm that CoinMarketFeed reward engine uses to measure the
engagement users create and then reward them accordingly in CMF tokens.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201928
9. Token Economics
CoinMarketFeed has a fixed supply of 1,000,000,000 (One billion) CMF tokens. Only
50,000,000 (50 million) CMF tokens — 5.00% of total supply — have been allocated
for the IEO Token Sale priced at $0.075 per token. As we believe that its rather
more viable to raise funds in different stages keeping in mind a project’s growth and
accomplishments than to raise a lifetime’s funding in the early days.
Token TickerCMF
Token TypeERC20
Token CategoryUTILITY
Token Price$0.075
Total Token Supply1,000,000,000
Token for Sale
50,000,000
User Reward Pool 55.00%
Company Reserve 25.00%
Founders & Team 15.00%
Token for IEO Sale 5.00%
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201929
10. Use of Proceeds & Funding Strategy
The CoinMarketFeed platform is in a very advanced stage of product development
and hence, the primary use of proceeds from the Private token sale will be for users
acquisition and product marketing. A portion of the funds would also be used for
further development of the product to make it more advanced.
CoinMarketFeed will finish the development of the product and create opportunities
for the token holders to use their tokens and participate in the economy that we will
create around it.
A public token offering is a revolutionary way of fundraising and it also helps create
the seed network effect and drive token velocity. But we believe that it’s rather more
viable to raise funds in different stages keeping in mind a project’s growth and
accomplishments than to raise a lifetime’s funding in the early days. Sticking to our
perspective, we have decided to set the Token Sale hard cap at a relatively low
figure of 50,000,000 CMF (5.00%) while keeping the larger portion of the tokens
allocated towards user pool and in the company’s reserve.
In the future, CoinMarketFeed will finance the project’s development by selling
some of its reserve tokens to customers or by selling tokens collected as fees, and/
or by additional equity investments.
30% 25% 25% 15% 5%
User Acquisition Marketing & Branding Product Advancement
Operations Partnership & Legal
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201930
11. Transparency
“If you have nothing to hide, there is no reason not to be transparent.”
Below are the wallet addresses with the funds allocated for different use cases. For
the highest level of transparency, we have tagged each wallet address with
Etherscan.io.
CoinMarketFeed has a traditional startup mindset where we are obligated to share
our quarterly progress and expenses report with investors. Hence, we will share
audited progress and financial report of every quarter with the contributors and the
community.
0x8d54F4d597A8A6FFfd751564276dcbC6b22c5007
0x0894ffd6d9c801a6e8d3ffcf9c97dfdeb21d3d26
0xb45220922049bcaef98c909957fec078a315e354
0x7e760ad2a3e901bf034daa53222286524a4fbcf6
User Reward Pool* (55%)
Company Reserve** (25%)
Founders & Team*** (15%)
Airdrop & Liquidity (5%)
* User Reward Pool is excluded from the circulating supply and shall only be used to reward content creator and content consumer.
** Company Reserve funds are intended to be used for future fund raising from the institutional Investors and are excluded from circulating supply.
*** Founders & Team tokens are locked for 12 Months, Post Lock in period (10%) Tokens will be released each Quarter.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201930
12. Go to Market Strategy
Although we aim to one day be a global platform, we have realistic goals on our
minds and we intend to take CoinMarketFeed towards a wider audience one step at
a time. This is why we will keep our initial focus on the Asian market and use the
proceeds from our token sale to expand our reach within Asia. Following this, we
will further broaden our reach to other markets.
To hit our milestones, we will execute several marketing campaigns and out to our
target audience.
12.1 Offline and Associations
We will lay out a controlled PR campaign to suit the strategy and target the
locations as planned. CoinMarketFeed will also look out for influencers, affiliations,
events, roadshows and other possible ways to ensure maximum reach.
12.2 Digital Campaigns
Apart from existing social media outreach, CoinMarketFeed plans to reach to
relevant crypto-related platforms. Working with marketing agencies to deliver ads
via unconventional means is also a part of our marketing strategy.
12.3 Channels/Institutions/Exchanges
CoinMarketFeed looks to collaborate with some of the leading Cryptocurrency
Exchanges globally and work on a common minimum agenda to achieve mass
crypto adoption.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201931
13. Founding Team
Lead by Kuldeep Singh, AKA Crypto Singh, a team of 8 hard-working men and
women shoulder all the responsibilities of CoinMarketFeed. Every day, they wear
their badges of immense experience and an excellent work record and bring and
implement amazing ideas in fields of Cryptocurrency, Sales and Marketing, Product
Development, Software Engineering and Social Media Management.
Kuldeep Singh
Founder & CEO
Kuldeep has over a decade of experience in sales and marketing, which he
garnered while working with top global organizations such as Dish Network,
Solitran Inc and Worldpay Inc. He bought his first chunk of Bitcoin in 2015, and
since then, he has transformed from a blockchain and cryptocurrency enthusiast to
a visionary in this industry.
Sukant Kalpande
Co-Founder & Tech Lead
Sukant is a youth technological leader with more than 5 years of experience in
software development. With a vast experience in project development life cycle, he
has the ability to develop microservices architecture from scratch and knows the
importance of Millisecond level latency in high data processing.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201932
Vinod Prahlad
Co-Founder & CMO
Vinod is a Product and Marketing Specialist having an experience of more than six
years under his collar. During his time working with startups and small-sized
enterprises, he formulated and executed marketing campaigns that brought in great
results for the organization. As a marketing enthusiast, he is highly passionate
about creating distinctive products and building brands.
Vijay Kumar
Lead Developer
Vijay is an experienced Frontend Developer with a demonstrated history of working
in the information technology and services industry. Skilled in Angular, HTML, CSS,
SASS, JQuery, JavaScript and Core Java. Strong engineering professional with a
M.Tech focused in Computer Network Engineering.
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201933
14. CoinMarketFeed Roadmap 1.0
Q3 2018
Q3, 2018
Q4, 2018
• Ideation & conceptualisation of CoinMarketFeed
• Founding Team Formed
• Market Research & Competition Analysis
• Product and Technical Research
• Formation of Billion Traders Pte. Ltd in Singapore
• Seed Investment of $50,000 Raised
• Initial Development Started
Q1, 2019
Q2, 2019
Q3, 2019
• Project Made Public
• Development of Data Engine Completed
• Successfully Integrated First Batch of Exchanges• Development of Coins Module Started
• Development of Coins Module Completed
• Data Engine Moved to Go Language
• Development of Exchanges Module Completed• Development of Wallets Module Completed
• Development of Community Feature
• Development of Global News Feed Completed
• UI/UX Upgrade Completed
• Decision taken to host Private Token Sale
CoinMarketFeed Whitepaper Ver. 1.0 | Nov 201934
Q3 2018
Q4, 2019
• 30,000 Monthly Visitors Achieved
• Whitepaper Concluded
• Launch of User Onboarding• Launch of Crypto Quiz (Beta)
Q1, 2020
Q2, 2020
Q3, 2020
Q4, 2020
• Launch of Private Token Sale
• Launch of Prediction Marketplace (Alpha)
• Launch of Android & iOS Application• Launch of Reward Engine (Beta) & Tipping Feature
• Launch of Prediction Marketplace (Beta)
• Launch of Crypto Consultation (Beta)
• Launch of Global Crypto Publication Rating (GCPR)• Launch of Second Marketing Campaign
• Launch of Smart Portfolio Fund (Alpha)
• Prediction Marketplace out of beta
• Crypto Consultation out of beta
• Release of Smart Portfolio Fund (Beta)
Q1, 2021
• Smart Portfolio Fund out of beta
• Release of CoinMarketFeed Roadmap 2.0
• Launch of first marketing campaign
• Launch of Token on Global Exchanges