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About CoinChum

Coinchum is a Peer to Peer marketplace with various cryptocurrency offerings, including Bitcoin, USDT, and Ethereum, XRP and the Chum token. Coinchum integrates web-based features with an intuitive interface that enables users to learn from education resources, as well as trade cryptocurrencies using advanced market tools that allow for the efficient monitoring and analysis of market trends. Coinchum is committed to working with investors to ensure that their interests are embedded in each stage of the business process

Tiered deposit or withdrawal fees for all the cryptocurrencies.

Awesome affiliate program (Users earn a percentage by their referrals.).

Cryptographically secured wallet provided by Multi-Party Computation (MPC) technology

Flexible exit plans for investors(SPAC setup and operation in Hong Kong)

Wallet Security

Coinchum’s wallet security is protected via MPC which is cryptographically secured and protects the wallet from any human error or cyber-attack. Security to a wallet address is necessary as many individuals and institutions are entering this ecosystem. MPC provides four layers of security. These consist of:

1st Layer - Multi Cloud with MPC

The Multi Cloud provides security to the private key as it is never on a single device. The MPC and CMP (Certificate Management protocol) remove any single point of contact from both the internal and external hackers.

2nd Layer – Software Guard Extension(SGX)

SGX is encryption by the CPU of a portion of the RAM (i.e. computer memory) used to store each private key. The RAM and data are encrypted in the SGX which protects them from any hack or malware attack, even if the hacker has overall control over the Operating System.

3rd Layer – Policy Engine

This layer enables institutions and organizations to set their own approval policies for transaction, hence, it is called Policy Engine. The Policy Engine is also client-facing: it enables users to set their own rules and validation processes needed prior to transaction approval.

4th Layer – Settlement layer

Since the deposit address’s authentication is automated, the settlement layer helps in mitigating risks by authentication rotation. This is very important as at stake here is institutional asset security.

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Problem(with prevailing P2P crypto platforms) & Solution(by Coinchum)

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Limited choices on coin selection. No risk hedging tools.

  • An open voting system
  • Binary trading pairs with low fees
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Poor or non-existence customer service

  • Fast reply from online chat
  • Fast resolution for login & account issues
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Less security on account and wallet

Wallet security
  • Assets insurance
  • Fund password Account Security
  • GA
  • Anti-phishing
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High fraudulent probability

  • Anti-Scam (before trade)
  • Anti-Scam (after trade)
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Lack of cryptoanalysis tools

  • Detailed price analysis tool
  • Powerful events & information terminal
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Lack of education

  • Cryptocurrency Academy
  • Education resources
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Inflexible fee structure

  • Affordable and user friendly fee rate
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Lack of user voice

  • Collect user opinions and suggestions
  • Let users add crypto wiki and more related materials

COMPETITOR ANALYSIS

Localbitcoins Paxful Coinchum
Crypto Currency 1 2 Multiple
Escrow fee 1-2% 1-5% 0.5 and flexible
Crypto2Crypto No No Yes
Crypto2Fiat Yes Yes Yes
Security level High Medium High
Analysis tools No No Yes
Education Resources No No Yes
Anti-Scam System Medium Low High
Customer Service Low Low High

Coinchum targets markets with excellent future growth

Leading cryptocurrency exchanges are bullish about Africa’s growth prospects as evidenced by their ongoing forays into the continent. During the month of August of 2020, Kucoin exchange announced the addition of Nigeria’s Naira currency as a payment option. Similarly, Binance added Kenya’s popular mobile money service Mpesa to its peer-to-peer platform. Meanwhile in East Africa, Binance opened a subsidiary in Uganda and promptly signed up 40,000 users in its first week

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CRYPTO AND SPAC ERA

If Coinbase’s IPO has brought cryptocurrency into the mainstream of asset classes, it could have implications for SPACs. There are around 430 SPACs looking for deals and, it is highly likely given SPACs role as lightning rods for speculation, that we'll start to see more cryptocurrency/bitcoin SPAC deals in the near future.

Indicative of future developments here is the news recently announced by Blockchain technology developer OBIT. OBIT announced in January 2021 that it is itself working to form a SPAC to combine with an emerging blockchain target.

DraftKing’s (NASDAQ:DKNG) 52-week low of $9.85 and a high of $64.19 shows how big a gain is possible when buying and holding a SPAC on an uptrend.

Token Sale

CHUM (BEP20) Token name
5,000,000 Private sale
30,000,000 Token freeze
5,000,000 USD Soft Cap
200,000,000 Total supply
105,000,000 Public sale
BTC,ETH,USDT,LTC,BNB Accepted currencies
20,000,000 USD Hard Cap

Bonus Details

The CHUM token crowd sale is divided into two parts: private sale and crowd sale. The private sale will begin on August 1,2021 and will end on September 1 ,2021. Each CHUM will be priced at $0.30 USD. The crowd sale will begin on October 1 ,2021 and will end on December 1,2021.EachCHUM will be priced at $0.36 USD.

Token Allocation

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Use of proceeds

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Exit Plan for Investors

Coinchum aims to expand horizontally into new market segments in the future, thereby moving beyond its initial function as an innovative trading platform for cryptocurrencies.

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What is a SPAC?

A special purpose acquisitions company is essentially a shell company set up by investors with the sole purpose of raising money through an IPO to eventually acquire another company.

Exit options for crytop project investors
  • Token appreciation
  • Strategic acquisitions
  • Management buyouts
  • Initial public offering (IPO)

The company plans to raise further funds with the Hong Kong Limited Partnership Fund (LPF), enabling our investors to access subscription shares in the company prior to any IPO. The Company will invest not less than 20% of its proceeds from crowdsale to the setup of LPF.

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Exit options for Chum investors
  • Investors in CHUM might expect shareholder value appreciation as the Company will buy back CHUM with any LPF proceeds. This will support CHUM’s price action, reduce its volatility and support trading volume over time.
  • When the Hong Kong SPAC is up for registration, the Company will transfer LPF’s remaining assets to SPAC after the latter’s IPO listing. Coinchum investors will have the first priority to subscribe for those pre-IPO shares.
  • The Company also provides an exit plan for investors after launch of its LPF and IPO listings. The Company will align its business objectives with the objective of being in a position to buy back tokens from investors at a price which is attractive.

What are we planning to achieve ?

Coinchum will be guided by the following product roadmap. The dates in the roadmap are indicative and are subject to change. In the event that amendments are made to the calendar detailed below, Coinchum will update this white paper accordingly.

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What we’ve done so far?

As of the first week of May 2021,we have completed front and backend development. Our engineers and a selected group of traders have begun to test the system and fix bugs. We are installing the final series of functionalities that will be available on the interface, with the result that a final product will shortly be ready to go to market.available .

Team

Core Team Member

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Daniel Yan
CEO and founder
Entrepreneur ,certified PE fund manager,successful modeling
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Daniel Yan

CEO and founder

Entrepreneur ,certified PE fund manager,successful modeling on Fund of funds,patent holder of intelligent web development and China charity navigator,forex trader,bitcoin miner,senior Bitcoin P2P trader

Blockchain 85%
Decentralization 68%
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Sophia King
Chief Operating Officer
Marketing director of China guoyuan securities , investors
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team

Sophia King

Chief Operating Officer

Marketing director of China guoyuan securities , investors relationship specialist, rich experience on marketing and growth for Blockchain and ecommerce startups.

Blockchain 85%
Decentralization 68%
team
Kartik Patel
Lead developer
Full stack senior web developer 8+ Years experience on web,
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team

Kartik Patel

Lead developer

Full stack senior web developer 8+ Years experience on web, mobile, and blockchain Development Certified Bitcoin Expert™, Blockchain Expert™ and Ethereum Expert™

Blockchain 85%
Decentralization 68%

Board Advisor

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Delia Sabau
Hedge Fund investor, serial entrepreneur focused on
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team

Delia Sabau

Hedge Fund investor, serial entrepreneur

Blockchain 85%
Decentralization 68%
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Nitesh Mishra
Founder of Bramble (Public Blockchain). Serial Tech
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Nitesh Mishra

Founder of Bramble (Public Blockchain). Serial Tech Entrepreneur with expertise in Tech/Market/Product Analysis

Blockchain 85%
Decentralization 68%
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Eric Ho
Private Crypto Investor and Advisor on fund raising.
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team

Eric Ho

Private Crypto Investor and Advisor on fund raising. Current Investment Director with expertise in equity, fixed income and crypto currencies trading.

Blockchain 85%
Decentralization 68%
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Michael Atkinson
Blockchain Project Management and Mentoring.
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Michael Atkinson

Blockchain Project Management and Mentoring. Qualifications in business and retail management, I.T. networking, electronics and certification in real estate. Founder of KCS services.

Blockchain 85%
Decentralization 68%
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Moshood Animashaun
Experienced P2P cryptocurrency trader and researcher.
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Moshood Animashaun

Experienced P2P cryptocurrency trader and researcher. A HSSEQ Professional with broad experience in the construction and Oil & Gas haulage industry.

Blockchain 85%
Decentralization 68%

FAQs

Our roadmap is a planned where we take on the most complex problems and turn them into great solutions

What is ICO Crypto?

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Which of us ever undertakes laborious?

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

When she reached the first hills?

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

How do I benefit from the ICO Token?

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.

Get In Touch

Any question? Reach out to us and we’ll get back to you shortly