Smith + Crown previously and informally advised CoinDash. We do not have a financial relationship with CoinDash, and are not official or unofficial advisors in any capacity.
CoinDash is developing a platform that will allow users to manage their investment portfolio and benchmark it against other traders and the market in general. The CoinDash platform is composed of three primary components:
- A Software-as-a-Service layer that will provide an array of tools for managing crypto assets.
- A social network that will allow users to follow and copy-trade top investors, help experienced investors monetize their knowledge by selling access to their investment decisions to others.
- A marketplace that will feature real-time social trading signals, a token sale dashboard, trending assets, real-time market price tables and 3rd party integrations. Further, it will allow for users to trade directly on the platform
Social trading features and portfolio management are powered by Ethereum smart contracts. Data analytics/storage and asset exchange/order matching will take place off-chain.
CoinDash combines portfolio management tools and social-trading. It’s one of a couple projects trying to make crypto-trading more accessible and more social. Santiment is developing a crypto-trading terminal that uses data gathered from simulations, actual trading behavior, and external sources. Different from CoinDash, Santiment has a stronger emphasis on tracking market sentiments among crypto-traders. Another related project is Exscudo, a cryptocurrency exchange that will include analytic tools as well as social trading features. However, Exscudo does not mainly function as a portfolio management platform as CoinDash does. eToro–the CEO of which is on CoinDash’s board–has also introduced social trading with Bitcoin and Ethereum.
|Incorporation status||Coin-Dash Ltd, Israel, 2017|
|Team openness||Eli Sklar|
|Blockchain Developer||Eli Sklar|
|Technical White Paper||Non-technical white paper|
|Available Project Code||Not avaliable|
|Prototype||Public beta avaliable|
|Role of token||Access rights|
|Token supply||1 billion|
|Distributed in ICO||500 million|
|Emission rate||No new coins created|
|Blockchain||CoinDash currently supports Ethereum and RSK, but plans to support all Smart Contract Blockchains for social trading features.|
|Consensus method||Proof of Work|
|Sale period||June 17th, 2017 to August 1st, 2017|
|Investment Round||First public offering|
|Token distribution date||July 17th, 2017|
|Min investment goal||None|
|Max investment cap||12 million USD|
|How are funds held||Unclear|
|Minimal Viable Product||Beta already live|
|Bonus schedule||No Bonus|