CoinJanitor ICO (JAN)
Restoring lost token value to cryptocurrency
CoinJanitor is an innovative project that is developed to compensate owners of dead or failed cryptocurrencies. With over 4,500 cryptocurrencies on the market, there are many functionally dead coins. This poses challenges for cryptocurrency markets and holders of those currencies. Holders of dead coins have their money locked on networks that won't allow them to transact. On the other hand, cryptocurrency markets suffer from wasted resources due to the considerable number of unusable or dead coins. CoinJanitor seeks to mitigate these problems by unlocking the value trapped in such projects, and ignite the much-needed public discussion of how to come up with the best ways to recycle value from dead cryptocurrencies in the future. CoinJanitor will achieve this by taking over dead cryptocurrency network. To do this, the project's team will exchange CoinJanitor tokens (JAN) for the dead coins held by users. They will then proceed to burn these dead coins and tokens.
Start Date
01 May, 2018
End Date
31 May, 2018
CoinJanitor Score Analysis
CoinJanitor is delivering a solution to a problem that affects a considerable percentage of cryptocurrency users, which is having to deal with dead or extinct coins. Coinjanitor is by far a pioneer in this respect, as it is delving into a sector where there are no competitors whatsoever. However, it doesn't have a prototype of its product and needs much time before it can really be able to mitigate the problem of dead cryptocurrencies. Moreover, CoinJanitor has an experienced team, yet it doesn’t have developers, except for the CTO, which is a risk that should be meticulously considered. It has invested time and efforts in the marketing of its project, but the community outreach of its marketing efforts is relatively low. Coinjanitor's financial future is highly dependable on the price of its token, which is going to be awarded to users who will give up their deadcoins to Coinjanitor, so it is difficult to be able to predict where Coinjanitor will be a few years from now.
CoinJanitor Use of Token
JAN is CoinJanitor's native token. JAN is an Ethereum based ERC20 token. There will be a total of 100 million JAN tokens. 50% of all tokens will be offered for sale via the ICO. 30% of the total amount will be held by CoinJanitor's team and used to buy failed or dead coins. 5% will be reserved for the project's partners, and another 5% will be used for the bounty program. The remaining 10% will be awarded to the project's team, founders, and future employees.
Organization
Coinjanitor
Platform
Ethereum
Coin type
Utility Token
Category
E-Commerce
Soft cap
1
Max cap
7,500,000
Max supply
100,000,000 JAN
Price
0.000256
CoinJanitor Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
- Public Sale
- 01 May, 2019
- 31 May, 2019
- No limit
- 0.000256
- Claim
CoinJanitor Distribution
CoinJanitor Use of Proceeds
CoinJanitor Team Members
CoinJanitor Past Events
- 30 September, 2019
Criteria and methodology development. Initial coin research.
- 31 December, 2019
Development of proprietary profiling systems
- 31 March, 2019
Identification of preliminary candidate coins.
- 28 February, 2019
ICO announcement February 2018
- 01 May, 2019
ICO starts May 1 2018 and ends May 31 2018
- 30 June, 2019
First token swaps Q2
- 30 September, 2019
Release of API into CoinJanitor market data Q3
- 31 December, 2019
Q4 2018: First state of the market report on all coins.
- 31 January, 2019
CoinJanitor phase 2 TBA. Q1 2019