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Home Crypto News

New crypto project: CoinsLoot

December 14, 2020
in Crypto News
4 min read
New crypto project: CoinsLoot
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The rise of Blockchain technology has resulted in big opportunities for developing new projects.  Applications based on smart contracts has a significant advantage over traditional ones. CoinsLoot is the world’s first crypto project with loot boxes made as decentralized application. CoinsLoot is running on the native LOOT token, users with any crypto based on ERC20 are able to buy unlimited amount of tokens,  stake them in the smart contract and earn profit from each loot box opened by users. In the loot boxes users can find cryptocurrencies and luxury items as well. Read the article and find out why you can’t miss the chance to invest in the project and buy LOOT tokens in the ICO.

DeFi and the Dapp ecosystem is one of the fastest-growing industries in the crypto market. Growing popularity of decentralized projects means that everyone who is interested in the blockchain world should pay attention to new projects developing on the blockchain.

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One of the freshest decentralized projects is CoinsLoot. The main destination of CoinsLoot is to create the most friendly and entertaining platform as a response to traditional exchanges.  Why CoinsLoot have a good chance of being successful? Being the first in a niche is a guarantee of success. As the best example we can take a Bitcoin (BTC). The first cryptocurrency created by Satoshi Nakomoto started the whole era of digital currencies and even if many new cryptocurrencies are created each year, Bitcoin is still the most desirable. There is no doubt that the popularity of Bitcoin depends on the fact that it was the first digital currency.

ICO of the new project 

Initial Coin Offering (ICO) is one of the most exciting moments at the beginning of the project. The unquestionable advantage of ICO is the ability to obtain large capital in a very short time, without the need to complete complicated procedures, which are associated, for example, with the introduction of shares to the exchange. ICO doesn’t bring only funds for the company, but mainly it is bringing the big audience.  The fact is that people really love the ICO process. Many cryptocurrencies have been popularized thanks to the ICO.  One of the most memorable ICOs is Ethereum, which managed to raise as much as $ 28 million, ICO Basic Attention Token is also noteworthy, as it lasted only a few seconds.

ICO CoinsLoot 

First stage of the CoinsLoot’s ICO has started at December 2nd, and lasted until 11th December. The total supply of LOOT tokens on that stage was 11,000,000 for 0,06 USDT. Investors did not disappoint and it was possible to sell all tokens from this stage.

At this point, the project’s ICO is in its second stage. at this point, which started on December 14th and will only run until December 23rd. Now you can buy LOOT token for 0,07 USDT. As with all crypto projects, this price will increase with each stage.  The exact ICO CoinsLoot plan is presented below:

Stage 2 – 12,000,000 Loot Tokens at $0.07

December 14th 2020 00:00:00 CET December 23rd 2020 24:00:00 CET

Stage 3 – 13,000,000 Loot Tokens at $0.08

December 24th 2020 00:00:00 CET January 2nd 2021 24:00:00 CET

Stage 4 – 14,000,000 Loot Tokens at $0.09

January 3rd 2021 00:00:00 CET January 31st 2021 24:00:00 CET

Stage 5 – 15,000,000 Loot Tokens at $0.10

February 1st 2021 00:00:00 CET February 28th 2021 24:00:00 CET

After the final stage we will be listing the tokens on major exchanges in March 2021 starting at the Price of the final stage of the ICO which is $0.10.

Why it is worth to invest in CoinsLoot? 

As we already said, CoinsLoot is a one-of-a-kind platform, which definitely speaks in favor of investing. Also, CoinsLoot is a first fully decentralized platform which gives the opportunity to earn both investors and users. 

Users can get top cryptocurrencies and limited, luxury items like Tesla X or PlayStation 5.  Thanks to no loss guarantee it is impossible to find in loot box gadgets or currencies worth less than amount of money, which user invested in.

What CoinsLoot gives investors? They will be able to purchase loot tokens and stake them in the smart contract and earn profits every single time a user opens a loot box. 

Native LOOT token is based on well trusted and well known Ethereum ERC20 protocol, so every user who have BAT, ETH, USDT and different currencies based on the same protocol is able to buy LOOTs in easy way. There is no minimum or maximum amount of tokens. User is the one who is choosing how many tokens he want to buy. 

How to get Bitcoin in CoinsLoot? 

As it was said, there is no loss guarantee in CoinsLoot. That means that the content of your loot box depends on how many LOOT tokens you have. Due to that, you can get certain quantity of Ethereum, CCX, DeFi tokens, or even Bitcoin.

What is groundbreaking in CoinsLoot is the option to open a box with real items, like limited pair of sneakers, gaming equipment, or new phone. It is a first time, when users can exchange their digital currencies into real gadgets.

CoinsLoot definitely stands out from other blockchain projects. The mix of newest technologies, decentralized finance system and loot boxes makes the project both safe and strong.

To participate to Coinsloot ICO visit: https://app.coincasso.com/ieo/4/

Coinsloot Official website: https://coinsloot.com/


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