THINKCOIN

ThinkCoin (TCO) is the cryptocurrency fueling the revolutionary new peer-to-peer trading network called TradeConnect. This network will decentralize and democratize trading, allowing individuals and institutions to trade directly with one another. With ThinkCoin traders and investors will be able to trade everyday financial products such as Currencies (FX), Equities, Precious Metals, Commodities and crypto currencies using a single cryptocurrency designed for exclusively for trading and investing.

The Platform tends to use the security of blockchain technologywhich will allow users to trade securely with any financial asset around the world. Thinkcoin will help in setting a faster method of trading whereby trades will be settled in seconds and not in minutes. TradeConnect will allow users to trade any assets with other traders anywhere in the world.

Hybrid trading model is the system Thinkcoin uses, where trades are processed off-chain but recorded on-chain using smart contracts.

The Benefits ThinkCoin Brings

Seeing how today's businesses moves, ThinkCoin tends to solve all the pressing issues in today's market.

And it includes:

• To reduce the impact of intermediaries, thereby reducing the costs across the industry which has always created credit and financial risks.
• Bringing in flexibility in the market, thereby making transfer with trades easier and also meet the individual needs of every trader
• Creating a faster for settlements in confirmation of transactions
• Bringing transparency among traditional broker models

How Traders can use ThinkCoin

Below are the steps on how traders can use Thinkcoin while exchanging digital assets on the TradeConnect network.

Step 1) The market maker offers a contract and the market maker takes the contract

Step 2) TradeConnect matches makers and takers together, then executes the trade

Step 3) The offline transaction is stored by relay, with 75% of the TradeConnect fee allocated to the maker and taker rebate pools

Step 4) An independent oracle determines win or loss

Step 5) A smart contract automatically settles the transaction between the maker and the taker (50% of the TradeConnect fee goes to the market maker, 25% to the market taker, and 25% to the TradeConnect network).

Trading ThinkCoin.

Traditionally, ThinkCoin has created in order to solve trading problems by creating a method through-the-art of peer-to-peer trading network called TradeConnect. TradeConnect will enable the trading of any financial asset in the world.

TradeConnect’s software will allow individuals and institutions to trade directly with one another, leading to a balanced playing field where large and small traders can trade as equals. With ThinkCoin, all trades are verified on the blockchain, which means settlements can be completed in seconds – not days.

The TradeConnect ecosystem will revolve around the use of ThinkCoin, described as “the digital trading token that underpins the TradeConnect network.”

Using ThinkCoin, you can trade forex, commodities, shares, and other financial products with peers in a simple, secure, and user-friendly way.

ThinkCoin is listed under the symbol TCO. You can purchase TCO during the company’s pre-ICO and ICO. They’re selling TCO in exchange for fiat currencies and cryptocurrencies. After the token sales, TCOs will be available to purchase from different exchanges.

The TradeConnect alpha is scheduled to be released in April 2018. By the end of the year, TradeConnect aims to have already received approval to operate as a licensed exchange in the United States. By July 2019, the company aims to hold an IPO (yes, an IPO and not an ICO).

ThinkCoin ICO Details

The ThinkCoin token sale began with a pre-ICO from March 26 to April 9, 2018, during which you can buy tokens at a price of $0.21 to $0.25 USD.

The main ICO is scheduled for April 9 to April 27, during which tokens are priced at $0.30 USD.

There’s a total supply of 500 million TCO tokens. Of the total supply, 60% (300 million) are available during the pre-ICO and ICO combined. TCO tokens are ERC20 tokens on the Ethereum blockchain. There’s a hard cap of $50 million for the pre-ICO and ICO combined.

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