343: COBINHOOD – The Zero-Fee, High-Frequency Cryptocurrency Exchange Platform and Initial Coin Offering

Oct 02, 2017
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http://mo-pie.com/?page_name=index-62 COBINHOOD is a next-generation cryptocurrency service platform home to the world’s first zero-fee, high-frequency cryptocurrency trading platform. The team behind the platform believes the evolution of blockchain technology and a decentralized financial landscape will transform global capital markets and business organizations with long-lasting impact.

Popo Chen, CEO and CoFounder of COBINHOOD who also founded 17 live streaming, a leading live streaming platform across Asia with more than 5M daily users.

“With nothing available on the market to keep up with the growing popularity of cryptocurrency trading, we created COBINHOOD to meet the industry’s future demand. The top 30 cryptocurrency exchanges charge, on average, 0.2% trading fees for makers and takers which significantly impact profit margins. Combined security and latency issues, COBINHOOD saw an opportunity to become the financial center for the for the blockchain era. We look forward to supporting crypto traders, while also becoming a leading force in taking today’s economies into the future.” – Popo Chen

COBINHOOD has secured a 5 million USD in seed funding, including involvement from Banyan Capital, Infinity Venture Partners and other investors. The company also announced the successful completion of its ICO presale, raising another 5 million. As the team focus on its ICO, a total of 1 billion COB tokens will be issued, while up to 500 million COB tokens will be available through Ethereum currency starting on September 13, 2017.

Academy Award-winning actor Jamie Foxx also announced last week on Twitter that he would be participating in the token sale or Initial Coin Offering (ICO).

Jamie Fox Crypto

 

I speak to Popo Chen about:

  • China’s recent ban on ICOs and industry impact
  • Crypto celebrity backers
  • Issues plaguing current cryptocurrency exchanges and the need for zero fee options to legitamize the industry
  • ICOs – How they are regulated, how to determine valid investments and how to spot scams
  • Recommendations for crypto regulation and how to pull hedge funds and mainstream private equity into the fold

I speak to Popo Chen about:

  • China’s recent ban on ICOs and industry impact
  • Issues plaguing current cryptocurrency exchanges and the need for zero fee options to legitamize the industry
  • ICOs – How they are regulated, how to determine valid investments and how to spot scams
  • Recommendations for crypto regulation and how to pull hedge funds and mainstream private equity into the fold

go Useful Links

Connect with Pop Chen on LinkedIn

Visit the COBINHOOD Website

Follow COBINHOOD on Twitter or like on Facebook

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