CryptoPing’s ICO Is Nearly Over

| Updated
by Tatsiana Yablonskaya · 3 min read
CryptoPing’s ICO Is Nearly Over
Photo: Konstantin Lazarev

CryptoPing has already managed to attract 30,000 potential subscribers while its ICO enters the last stage.

There are two days left until the CryptoPing project closes its ICO. As for now, the company has raised more than 500 BTC with 30,000 active users looking forward to the launch of subscription-based features.

The rampant development of cryptocurrency market has outlined the challenge. It is almost impossible for traders to factor in all the trends, events and subtleties that shape markets. The problem is more pressing for newcomers who don’t know market trends and can’t make good trading decisions.

CryptoPing offers a solution — an assistant bot that will follow market changes and will inform you if it is a good time to buy a certain altcoin.

“Bot’s market watching and analysis algorithms are already tested and verified in practice. Users can easily sign up and activate the bot and start to get signals from exchanges right away. Being experienced or new trader, no user gets any advantage over other bot users, because all users receive all signals at the time. It’s up to traders to weigh the market in signals’ context and make all trading decisions by themselves”, CryptoPing team says.

Once users sign up and activate the bot, they start getting signals from exchanges. The signals are simple but still they contain all the necessary information: coin ticker, link to an exchange that produced the signal, trading volume difference for the last hour, change to the coin rate to BTC, amount of signals on the coin for the last 7 days, and coin market capitalization value in USD.

CryptoPing has done its best to make its service as convenient as possible. Taking into account that everyone uses messengers, the team has come to the decision – the bot looks to users just like another chat contact. The bot has all necessary commands to manage notifications, and the interface is friendly enough even for people who have no prior experience with bots or trading.

ICO details

It is known that once the ICO ends, CryptoPing Tokens will be added to several exchanges, while their price will be constantly increasing due to limited supply and user base expansion. Totally, 9,000,000 tokens based on Waves platform are to be issued for ICO worth 1000 BTC.

The developers will reserve additional 1,000,000 tokens for one-level 10% referral program. They will burn 75% of subscription fees paid in tokens since they are going to hold the price of CryptoPing high.

Thus, CryptoPing team doesn’t see high profit from the ICO as the primary goal. Instead, the team aims first of all at the launch of effective service and attraction of new followers to the network.

Blockchain News, News, Token Sales
Tatsiana Yablonskaya

Taking strong interest in blockchain, cryptocurrencies, and IoT, Tatsiana Yablonskaya got deep understanding of the emerging techs believing in their potential to drive the future.

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