|Start Date||November 23, 2018|
|End Date||June 23, 2019|
Coingrid is a cryptocurrency exchange based in New Zealand. We aim to issue our own token, Coingrid Token (“CGT”). This whitepaper explains the significance of our exchange and what we aim to bring to the cryptocurrency market. CGT is a standard ERC 20 token which is based on Ethereum blockchain, which means CGT will be compatible with all Ethereum wallets.
|Price||1 ETH = 5,000 CGT||Sale||80,000,000||Payment Mode||ETH|
|Soft Cap||10,000,000 CGT||Hard Cap||70,000,000 CGT|
General ICO Warning:
Due to the high number of scams associated with initial coin offerings, Wise Cryptos does not recommend investing in any ICO. There are many sources quoting anything from 80% up to 95% failure rates of Initial Coin Offerings for one reason or another. While the exact figures are difficult to accurately identify, the overall trend is worrying and investing in an ICO often feels as risky as wildly and irresponsibly gambling at a cryptocurrency casino. This is a real shame for the genuine projects with real promise and practical and useful real world application.