Get White Paper
The initial price of the CFF token is $ 0.01. The discount from the initial price is provided on the terms of "freezing" of token sale. The longer period of "freezing" you choose, the more discount will be given.
Number of donations:
2 000 000 000 tokens CFF
01.11.2018 - 31.12.2018
Important components of the platform will work and generate the financial flows. Therefore, to protect the participants of the 1st stage of distribution from the potential "speculative" risks, the second stage will be "closed".
Number of donations:
2 500 000 000 tokens CFF
15.04.2019 - 15.05.2019
Important components of the platform will work and generate the financial flows. Therefore, to protect the participants of the 1st and 2nd stages of distribution from the potential "speculative" risks, the second stage will be " closed".
Number of donations:
2 500 000 000 tokens CFF
01.11.2019 - 31.12.2019
On 14.11.2018 sold CFF
How COFFE will change your vision
Crypto currency is unpredictable. COFFE creates an automated system of evaluation of the potential or risks of crypto assets on the market...
Crypto currency is unpredictable. COFFE creates an automated system of evaluation of potential or risks of crypto assets on the market, as well as new assets (ITO/ICO-projects) from the “idea” stage to the stage of readiness to enter the market.
It is impossible to earn money on cryptocurrencies and people lose the belief in them. COFFE for the first time uses the tools with a guarantee of responsible management...
It is impossible to earn money on cryptocurrencies and people lose the belief in them. COFFE for the first time uses the tools with a guarantee of responsible management (iPACK, mPACK). In addition, COFFE creates a “trusted” environment for the start of new ideas and projects (COFFE ICO Standard) and provides the organizational and financial support.
In the crypto market everyone is "for himself" and acts egoistic. COFFE unites the people...
In the crypto market everyone is "for himself" and acts egoistic. COFFE unites the people, startups, professional traders, experts, analysts, tutors, crypto-sphere activists within one platform, regardless of their geographical location, place of residence, size of capital, experience in financial or investment sphere. On the basis of cooperation and mutual benefits.
Cryptocurrencies are unsafe - the funds and datas of investors are constantly stealing from the exchanges. COFFE offers a solution with a high level of security...
Cryptocurrencies are unsafe - the funds and datas of investors are constantly stealing from the exchanges. COFFE offers a solution with a high level of security, which is based on a new generation of blockchain with the high resistance to attacks and theft of funds. Attacks to a single application of COFFE blockchain cannot stop the entire network. The risk of DDoS attacks is minimized due to the constantly limited resource of a potential attacker (the user can use only a share of network proportional to his share of tokens). As a result, attacks become futile for the attacker (the potential benefits are lower than the costs).
The low speed of confirmation of transactions makes the payments in cryptocurrency uncomfortable, and the commerce using cryptocurrency futile.
The low speed of confirmation of transactions makes the payments in cryptocurrency uncomfortable, and the commerce using cryptocurrency futile. COFFE provides the instant payments and changes the view about slow cryptocurrency transactions. High speed of network operation is achieved – from 10,000 to 100,000 transactions per second. It is possible to implement the asynchronous communications and ”parallelization" of the blockchain with an increase of speed of the network up to 1,000,000 transactions per second. The difference is easier to understand if you know that the speed of Bitcoin blockchain is 7 transactions per second.
Blockchain technologies are imperfect and need to be improved. COFFE is one of the first platforms created on the basis of the 3rd generation blockchain...
Blockchain technologies are imperfect and need to be improved. COFFE is one of the first platforms created on the basis of the 3rd generation blockchain (on the EOS blockchain technology). Self-sufficient and independent blockchain COFFE CHAIN has all the advantages of a new generation of blockchains: fast, safe, cheap.
In cryptocurrencies only the single traders with large capital earn, all the rest lose the money. COFFE is the first platform that implement the "WIN-WIN" model...
In cryptocurrencies only the single traders with large capital earn, all the rest lose the money. COFFE is the first platform that implement the "WIN-WIN" model, which allows to make the work on the crypto market profitable for all its participants. Thus, the more profit have the participants of platform, the higher is the benefits of platform. And vice versa.
In cryptocurrency there is a complete anarchy, no one is responsible for anything, everything is done at your own risk...
In cryptocurrency there is a complete anarchy, no one is responsible for anything, everything is done at your own risk. COFFE is the first platform that use the tools with a guarantee of responsible management. The essence of this guarantee is follows: all participants of the system who are responsible for decision-making and/or managing the assets of other users (experts and analysts) take the risks for their actions by participating with their own assets.
And the most important, COFFE is not an idea, It is a solution with a high degree of readiness:
Every month, more than 100 new ITO(ICO) projects are launched, in which investors invest more than $500 million. The most reliable investments are in projects with a high degree of readiness. COFFE differs favorably from the majority: the main elements of the platform are deployed, or are in the pre-release stage.
Blockchain COFFE Chain and token CFF
The system of instant transfer of crypto assets
Cryptocurrency exchange COFFE Exchange
Tools of management of crypto assets PACK
Payments by messengers and QR code
Intelligent protocol of asset valuation COFFE
Technology and technical foundation
Blockchain COFFE Chain
is a blockchain of the 3rd generation...
is a blockchain of the 3rd generation, based on the consensus of delegated proof of stake (POS), the technology of the blockchain EOS. Technically, the COFFE Chain blockchain is a "fork" of the EOS blockchain. At the same time, COFFE Chain is an independent self-developing network with its own business model and ecosystem, which ensures its rapid development.
The COFFE token (CFF)
is a token of the COFFE platform...
is a token of the COFFE platform, which has a free circulation (in particular, it will be traded on the exchange COFFE Exchange), designed without the characteristic of a security (“Security”) and involved in the work of the COFFE platform as a service token (“Utility Token”).
are the "smart" tools for managing...
are the "smart" tools for managing the crypto assets of the platform COFFE. PACK (including tPACK, uPACK, zPACK, iPACK, mPACK) allows to “form” a set of any crypto assets (including cryptocurrencies) for storage, transfer to another person and for other use.
is an exchange of new type...
a new generation exchange. It combines many tools, such as Stop Loss, Take Profit, Trailing Stop, which are traditional for exchanges, which allow the trader to work more productively, getting the most profit and minimizing trading risks, and completely unique ones that are their own developments, such as asset management tools PACK , Index TOP. All transactions are processed on the servers of the exchange COFFE Exchange in the DATA-center located in Europe.
COFFE Index TOP
is a system that forms the "sets" of digital assets...
is a system that forms the "sets" of digital assets CIT 100, CIT 50, CIT 20, traded on the COFFE Exchange in pair with USDT (Tether).
is a system for evaluation of the potential and risks...
is a system for evaluation of the potential and risks of assets already presented on the market, as well as the new assets – ICO(ICO) projects from the idea stage to the market readiness stage.
COFFE ICO Standard
is a platform to launch the new and promising projects...
is a platform to launch the new and promising projects from the idea to ICO with the development on the blockchain COFFE and listing on the COFFE Exchange. COFFE ICO Standard presents the highest standard for the selection of new ICO projects.
COFFE Asset Management
is a management company of new generation...
is a management company of new generation that realizes an effective management of crypto assets.
COFFE Development Funds
are created to solve 3 main tasks of the dynamic development of the COFFE system:...
are created to solve 3 main tasks of the dynamic development of the COFFE system: infrastructure development of the system (COFFE Company Fund), protection of the COFFE token CFF from the aggressive speculative strategies (COFFE Stabilization Fund) and for the promotion of the COFFE system (COFFE Wage Fund).
The main function of the COFFE platform is to provide tools for the effective management of crypto assets to a wide range of professional and non-professional participants of crypto market. The market of management of crypto assets is still "young", but is already measured in tens of billions of dollars.
It has a huge potential for growth. The drivers of this growth will be the penetration of block technologies, an increase in the number of owners of crypto assets, the transfer of traditional capital under management (70 trillion dollars in 2017) to the crypto market.
Crypto assets are gaining popularity.
millionaires (High net worth individuals) collectively owning a capital of 20 trillion dollars, are interested in crypto assets and in the access to the crypto market, but they do not receive the desired level of advice (Capgemini, 2018).
millions of people are users of cryptocurrency exchanges (including Coinbase - 20 million, Binance - 10 million, etc.).
Over the past 12 months, the median portfolio index of 10 assets that had a rebalance once per hour has exceeded for 234% the portfolio index of a simple storage (Shrimpy, 2018).
However, the analysis of the situation of the falling market in the first half of 2018 shows that the hold strategy lost about 64% of the profitability to the portfolio reformatting strategy.
owners of crypto assets follow to the long-term storage strategy - "buy and hold" - "hold" (Bithumb, 2018).
"Hold" is an inefficient strategy in a falling market.
The number of crypto assets is constantly growing.
You will be helped to make the right choice:
The system of intellectual evaluation of crypto assets COFFE Protocol
Responsible Investment Platform COFFE ICO Platform
The number of holders of crypto currency is growing.
But more than half of investors do not have the skills of effective management and risk to lose their initial investments. Intelligent tools for management of crypto assets COFFE iPACK / mPACK give a guarantee of responsible management.
The growth of the number of crypto-currency wallets in the period from 07.2017 to 07.2018:
from 15.2 million to 26 million.
from 4.2 million to 37.9 million.
The number of transactions per day in the period from 07.2017 to 07.2018:
from 251 thousand to 206 thousand.
from 225 thousand to 652 thousand.
The market volume of crypto assets transferred to the management is constantly growing.
The market volume of crypto assets transferred to the management is constantly growing.
It is important that this management would be responsible.
The COFFE platform provides the tools for the responsible management of crypto assets.
The volume of crypto assets transferred to the management will increase from 100 billion dollars in 2017 to 500 billion in 2020
The volume of traditional assets transferred to management is $ 70 trillion in 2017 and will increase to $ 111.2 trillion by 2020
Economy of the token
Token of the platform COFFE (CFF)
The CFF token provides the access to the products and services of the COFFE platform, acts as a universal means of payment for user actions. The CFF token is involved in the system of rewards for user activity (work) of the participants; on platform COFFE for the provision of tools, services (commissions, etc.) as well as in the system of mutual user P2P ("person-to-person") rewards for the use of tools and services of the COFFE platform.
The liquidity of the COFFE token is provided by its "useful work" and its applicability on the COFFE platform (tools and services of the platform). The COFFE platform will be constantly developing, the volume of products, services will become more and more, which will provide an increasing demand for the CFF token.
The first listing of the token CFF will happen with the launch of the exchange COFFE Exchange. Thus, the initial liquidity of the CFF token will be provided at an early stage of the COFFE project.
After the end of the first stage
ITO token COFFE (CFF) will be traded on the exchange COFFE Exchange.
ITO (Initial Token Offering):
(7 000 000 000 CFF tokens)
The 1st stage (open)
2 000 000 000 CFF tokens - from 01.11.2018 to 31.12.2018
The 2nd stage (closed)
2 500 000 000 CFF tokens - from 15.04.2019 to 15.05.2019
The 3rd stage (closed)
2 500 000 000 CFF tokens - from 01.11.2019 to 31.12.2019
Reserved for the system
(7 000 000 000 CFF tokens)
to ensure the stable operation of the ICO Standard platform and large partnerships.
Development Funds COFFE before the start of ITO.
(3 000 000 000 CFF tokens)
A team of developers, consultants and project lawyers before the start of ITO.
(3 000 000 000 CFF tokens)
Development of the system
- Q1 Creating a project idea
- The beginning of the development of the blockchain COFFE Chain (based on the technology of the blockchain EOS)
- The beginning of the development of the exchange COFFE Exchange
Running and testing the system
- Q1 Launch of the test network of the COFFE blockchain (TestNet)
- Testing of the exchange COFFE Exchange
- The release of the White paper
- Launch of the website COFFE.IO
- Launch of a personal cabinet and a system of payments by CFF tokens at DASHBOARD.COFFE.IO (closed beta testing)
- Launch of the main network of the blockchain COFFE (MainNet)
- Launch of the COFFE Exchange
- Listing of token COFFE (CFF) at the exchange COFFE Exchange
- Launch of the tool for asset management COFFE Pack
- Launch of the referral program of the exchange COFFE Exchange
- Running the system of payments through messengers and QR code
Start of the investment platform
- Start of the investment platform COFFE ICO Standard
- Launch of the open API COFFE Ecosystem V.1.0
- Launch of the intelligent protocol COFFE Protocol
- Launch of the tool for asset management COFFE iPack
- Launch of the open API COFFE Ecosystem V.2.0
- Launch of the mobile application COFFE Ecosystem Mobile
- Launch of the open API COFFE Ecosystem V.3.0
- Launch of the desktop applications at COFFE Ecosystem
- Listing of the tool COFFE Index Top on the exchange COFFE Exchange
- Launch of the open API COFFE Ecosystem V.4.0
- Combining all the tools into a single ecosystem
- The final version of the mobile application
- Launch of the open API COFFE Ecosystem V.5.0
- The final version of the desktop application
10 main reasons to be with COFFE
A claimed idea.
COFFE offers the effective tools for management of crypto assets for a wide range of participants (non-professionals, professionals, new projects).
Promising advanced technologies.
COFFE is implemented on the basis of the 3rd generation blockchain - an independent, self-sufficient solution with a progressive business model that is focused on global expansion.
The increasing need in tokens COFFE (CFF).
The COFFE platform will constantly increase the volume of products, services and the number of users, so the “useful work” and the demand for the token will constantly grow.
High probability of project implementation.
The team of project confirmed the competence with a high readiness of the basic elements of the COFFE platform.
Unique solutions that make the project special.
COFFE supports the guarantee of responsible asset management, that provides a high potential for self-development of the project and increases its stability.
Implementation of effective, transparent decentralized management (delegated trust nodes), transparency of work with independent audits.
The priority of development.
Most of the tokens will be distributed during the ITO stages, they will be directed to the development and will be managed by the Funds of the Development of the COFFE Ecosystem, and they will not remain with the team.
The provision of liquidity of token COFFE (CFF).
The initial liquidity of the token COFFE (CFF) will be provided at an early stage of deployment of the COFFE platform. The listing of token CFF will be done with the launch of the exchange COFFE Exchange.
Thoughtful development plan.
The roadmap of the development of the project reflects the strategy of the most efficient and consistent way of the project development, which leads, in particular, to the high potential profit for the COFFE participants.
Infrastructure COFFE allows you to connect to the ecosystem, both typical and unique business models. Advanced solutions will allow to conduct business of any scale.
Expert in investment management and financial risk management...
Expert in investment management and financial risk management, professional trader. 7 years of experience in Black Rock Capital Management, Inc. (the company is a shareholder of Goldman Sachs Group, Inc.). More than 20 years of experience in the management of business companies (development, construction).
Role in COFFE:
CFO, FinTech, Management – financial management, financial technology of tools of the COFFE platform.
The architect of IT platform...
Role in COFFE:
CTO, management of the development of platform COFFE, tools, dAPPs.
Senior programmer, blockchain engineer...
Role in COFFE:
Senior programmer, development of COFFE blockchain and client applications of COFFE.
blockchain-engineer, expert in the field of security...
Role in COFFE:
blockchain-engineer, development of dApps of COFFE (tools, exchange, ICO Platform).
Publicity, communications, PR, SEO, mobile and web-technologies, design...
Publicity, communications, PR, SEO, mobile and web-technologies, design. More than 10 years of experience in building effective business communications and promotion of IT projects and software solutions, including the development and promotion of web sites and mobile applications in the companies Litel (Senior programmer), MegaLabs (Project Manager), VAS Media (Product Manager, Content Manager), Cambio (Manager, senior regional manager of Moscow and Moscow region).
Role in COFFE:
promotion of COFFE platform, SEO.
5 years of experience in the development of business processes
5 years of experience in the development of business processes, strategic planning, building a sales system. Blockchain-activist, trader, member of the project "infobusiness2.ru”.
Personal trajectory mentors:Andrei Kosirin, Jeff Walker, Eben Pagan, Dan Kennedy, Frank Kern.
Role in COFFE:
Business development, participation in the development of crypto asset management tools.
Bonuses and discounts
from 1 000 000 CFF
from 500 000 CFF
from 100 000 CFF
from 10 000 CFF
It is not installed.
It is not installed.
Total is issued
20 000 000 000 tokens COFFE - CFF.
COFFE General Questions
Is COFFE an open-source platform? Can I see its code?
Yes, COFFE is an open-source platform, but some of its elements (such as the Exchange) are closed-source. The rest elements of the COFFE Ecosystem, including the code of the COFFE Chain and all smart-contracts, will be open-source, once their development is finished.
When will COFFE MainNet be ready and fully functional?
COFFE MainNet is fully ready and functional. We are working on its security and infrastructure elements including the exchange, personal accounts with an integrated e-wallet, and PACK derivatives.
Will COFFE have a mobile application for smartphones and tablets? If so, what features will it provide?
Yes, COFFE will have a mobile application, and it will be fully ready in Q3 of 2019, as stated in our roadmap. Since native applications work faster, use much less network resources and are more stable compared to browser services, while they also have access to the device hardware components (such as a fingerprint scanner, a camera, contacts, etc), we will develop applications that are perfectly tailored for a particular operating system (Android, iOS, Windows). Mobile and desktop COFFE applications will feature all functions and systems of the COFFE platform.
What problems does COFFE intend to solve?
With dozens of new ICOs appearing in the cryptocurrency space literally every week, even versed investors find it difficult to distinguish healthy projects from fraudulent, to say nothing about non-professional crypto enthusiasts. A risk of investing in scam ICOs is too high, but it is not the only problem which crypto investors have to deal with. In fact, cryptocurrencies are one of the most volatile assets of all existing, which means that the yesterday’s gains can easily turn into today’s loses – very painful loses, we must say. The WIN-LOSE model prevails on the cryptocurrency market, and this is utterly unfair.
COFFE is going to disrupt this injustice by introducing a WIN-WIN model on the cryptocurrency terrain. COFFE is developing one-of-a-kind crypto asset management tools, which will allow crypto investors of different level of experience to work effectively and profitably at the crypto market, even when it is declining. At the same time, COFFE will help young and ambitious ICO startups to pull their way through the competition and secure a foothold in the market.
What instruments does COFFE platform feature?
The instruments of COFFE Platform include:
- COFFE Chain;
- Token CFF;
- COFFE Exchange;
- Smart PACKs;
- COFFE Protocol;
- COFFE Asset Management;
- COFFE ICO Standard;
- COFFE Index Top;
- COFFE Payments System;
- COFFE Pay Cards;
- Training Platform.
Who can benefit from COFFE platform?
There are several categories of users who will potentially benefit from COFFE Platform:
- Inexperienced crypto enthusiasts and veteran crypto investors will be paid with CFF tokens for using COFFE PACKs and participating in ICOs/ITOs brought by COFFE ICO Standard Platform. These users will also have an opportunity to undergo training on COFFE Training Platform and become experts of COFFE System with all perks that it implies.
- New ICO projects can receive solid financial, legal, technological, and analytical support from COFFE if their ideas seem promising and competitive.
- Financial/Crypto experts and analysts can enter the COFFE Expert Pool to perform crypto asset management and risk analysis and receive rewards for their job.
- Community members can receive generous rewards for their loyalty to the COFFE System.
How can I start using the COFFE platform?
It is easy as one, two, and three. Just go to dashboard, complete the registration, and start enjoying all benefits the COFFE Ecosystem.
Is COFFE Platform decentralized?
In its infancy stage, COFFE Platform will be centralized, but a partial and then a full decentralization will be achieved with the increasing of network participants – the Block Producers. The more producers (real users) work on the COFFE Platform the more decentralized it becomes.
What Foundations will COFFE establish and how will they function?
COFFE will establish three development funds whose purposes will be to support an infrastructural development of the platform, to protect COFFE Token against aggressive speculative strategies, and to ensure mass adoption of COFFE products. These three foundations are:
- COFFE Infrastructure Fund maintains and develops the project’s infrastructure including the purchase of servers and other computing landscape. This Foundation also grants money for the performance maintenance, for the development of existing and creation of new elements of COFFE Ecosystem including investments in new ICO startups deployed on COFFE ICO Standard Platform. This fund is also used to pay salaries to COFFE team and pay for services provided by third-parties, such as office rentals, advertising campaigns running, the organization of conferences, seminars, presentations, and other events for us, etc. The Infrastructure Fund will mainly be formed with the money which COFFE will collect during the initial token offering.
- COFFE Wage Fund accumulates the funds and uses them to pay out rewards to most active community members, experts, analysts, and trusted nodes. The delegated trusted nodes vote how money from this fund will be spent. Also, this fund acts as an operator of the P2P (person-to-person) reward system for the use of tools and services of COFFE Platform and manages the transfer of rewards between the platform participants. COFFE Wage Fund will be financed from the platform’s own incomes.
- COFFE Stabilization Fund is meant to reduce CFF Token volatility and prevent any speculative operations with the Token. This fund is designed to attract the best professional traders who will monitor and control the situation at the market. Stabilization Fund will partially be formed with money collected during COFFE token sales and with the platform’s own revenues.
What is COFFE Payments System?
COFFE Payments is a stable and secure payment solution that will allow banks and retailers to accept cryptocurrencies as a means of payment. This system handles transactions, ensures their security, and functions as a full-fledged banking application.
What can be COFFE Pay Card used for?
COFFE Pay Card is a debit card designed to make the work with fiat money and cryptocurrencies more convenient.
What is COFFE Training Platform?
COFFE Training is an educational platform designed to facilitate the competence development in the sphere of cryptocurrency and Blockchain technologies, help users learn and sharpen their crypto asset management skills, and turn inexperienced crypto enthusiasts into high-end professionals.
What is Index Top suggested by COFFE?
COFFE Index Top is a system, forming the sets of digital assets CIT 100, CIT 50, CIT 20, traded on the COFFE Exchange in pair with USDT (Tether).
These sets consist of the most perspective crypto assets selected by the automated system COFFE Protocol. They are formed for the perspective from 12 to 36 months with an option of their realignment not oftener than once every 6 months.
Assets, forming the COFFE Index Top instruments, are ranked according to their liquidity, average daily trading volume, volatility indexes, the overall score of growth prospects (it is based on such characteristics as the Blockchain technology used, application type, and relevance to the real-world assets). All this data will be available to all users of COFFE Platform.
What will the COFFE project do to stand out from the competition?
Though the Blockchain technology is rapidly developing capturing new spheres of life and new sectors of the economy, there are still not many projects in the space offering the same what COFFE does – developing products for the crypto assets management. In fact, COFFE is by right can be titled as a pioneer in this market.
Yet, we fully realize that soon this niche will be highly dense and competitive. For this reason, we develop a product that is hard to beat or imitate.
COFFE Platform is meant to be:
- Advanced. COFFE is one of the first platforms created on the top of the 3rd-generation Blockchain. COFFE is based on the EOS Blockchain Technology and boasts all advantages of the delegated-proof-of-stake consensus algorithm.
- Smart. COFFE comes with COFFE Protocol – an intellectual foundation for the crypto assets management. It is essentially an automated system that evaluates the risks and potential of both new and existing crypto assets, as well as innovative ICO/ITO startups.
- Advantageous. COFFE implements the WIN-WIN model, according to which the platform can benefit only when its participants benefit.
- Responsible. COFFE is the first platform that introduces tools with a guaranty of responsible management (iPACK/mPACK). The point of this guarantee is that COFFE experts and analysts, responsible for the decision-making and/or the management of crypto assets of other users, spread risks by staking their own money.
- Generous. COFFE is the first blockchain solution to implement a person-to-person reward system for the usage of COFFE’s instruments and services.
- Democratic. COFFE implements a decentralized model of governance on the base of COFFE Chain Constitution. Main decisions regarding the performance of COFFE Platform are made by the delegated trusted nodes. Any platform user can become a node operator if having enough CFF tokens.
- Caring. COFFE establishes a nurturing environment (say, a business incubator) for emerging ICO/ITO startups and helps them to launch their products at the market.
How will the COFFE platform generate income?
A single source of COFFE Platform incomes is transactional fees. They are minimal and cover among all network participants.
How are developers going to achieve the mass adoption of COFFE?
Mass adoption is, perhaps, the toughest challenge which cryptocurrency projects have to overcome. And COFFE is not an exception.
To encourage mass adoption of the Platform and win overall appreciation, COFFE will do the following things:
- Develop the most secure Blockchain for today, that is fully legal and compliant with requirements set by governments;
- Make both internal and external crypto transactions easy, fast, and inexpensive (not higher than 0.1%);
- Resolve the beaten problem of blockchains’ scalability;
- Ensure intuitive user experience on the platform;
- Continue to develop new and useful products and services;
- Deliver trouble-free fiat-to-crypto conversions;
- Popularize the use of cryptocurrencies among both general users and businesses;
- Contribute to the eradication of cryptocurrency ignorance by teaching people to participate in the crypto market.
Who are COFFE’s Partners?
We cooperate with many partners and investors, and this sector of the COFFE website is currently being developed. The largest COFFE’s supporter for today is the Absolute World Group. At the time of writing this, we are designing a business model of timeshare selling in numerous hotels of the сompany Absolute World Group with the help of tokens, minted on the COFFE Chain.
What security tools does COFFE Platform Implement?
The development of cutting-edge security tools is the top priority for the COFFE team because we want every user of COFFE System to be entirely sure that their assets are under error-free protection. We implement tried-and-true SSL Certificate to access COFFE Platform. Participants will need to pass a two-factor authorization (2FA) to access personal accounts and be able to use the Exchange services.
We have developed a comprehensive set of measures, which ensure the utmost security of users’ accounts and protect the COFFE Ecosystem against different attacks. We also utilize most advanced intruder detection systems, antisniff tools, and other software, safeguarding the security and trouble-free performance of the system servers. Still, all our attempts to protect sensitive data may be in vain, if users fail to ensure the confidentiality of personal information. We highly recommend our users to download applications and software only from reliable sources, use antivirus programs, and update signatures on a regular basis.
COFFE Tokenomics Questions
Which investors will be able to participate in the closed rounds of COFFE token sale?
All investors which hold at least a 10000 USDT deposit in the personal account on the COFFE Platform will be able to participate in the closes rounds of our token sale. Investors need to notify us about their willingness to participate in advance. This option will be available in the users’ personal dashboards. In other words, you should first get registered with the system and fuel your personal balance with 10000 USDT minimum to be admitted to our closed token sales.
The closed rounds will run on the principle of auction biddings. Every lot will be sold at a discount off the token exchange price on conditions that the tokens will then be frozen (reserved) for a definite period, and this period will also be a user’s stake on the auction.
A participant who offers the longest period of token reservation wins the auction. The frozen tokens cannot be sold or used for paying, but they are necessary for staking when assigning the block producers.
Where can I store CFF tokens?
Currently, users can access the CFF tokens only through their personal accounts at dashboard or through the COFFE Exchange. We do whatever in our power to make the token access secure and convenient. In the future, access to the CFF tokens will be available through the COFFE mobile and desktop applications.
How will COFFE ensure the liquidity of CFF tokens?
The initial liquidity of COFFE Tokens will be ensured at an early stage of the deployment of COFFE Ecosystem, by listing COFFE Tokens on the native COFFE Exchange. A demand for CFF tokens will rise with the growth of the COFFE client base and the increase in the use of COFFE asset management tools & services.
COFFE Platform will evolve, improving and adding new features and services to the system, hereby, driving the demand for COFFE products up and securing the liquidity of CFF tokens. Since internal transaction fees will be paid exclusively with CFF tokens, it will also positively influence the value of COFFE tokens.
COFFE seems to be the first crypto project without fundraising goals. Why do not you set any soft/hard caps?
COFFE token sales will not have any fundraising minimums because most components of its ecosystem are already finished or have a high level of readiness (for instance, COFFE Chain and CFF token are 100% ready, the crypto assets instant transfer system is 100% ready, COFFE Exchange is 90% ready). You know, most cryptocurrency projects currently exist at an idea level. To start fulfilling this idea, projects run token sales to raise that minimum sum, required to kick off the development and deliver on promises. But COFFE has nothing to do with such ambitious projects. COFFE does not need to raise money to start the development of COFFE platform, because it is 80% completed.
The company has no fundraising maximums, as well, because token purchasers will be given an option to reserve (“freeze”) their tokens for a definite period in exchange for a discount. The longer the period of reservation – the bigger discount a purchaser gets. Since it is impossible to predict what period of reservation token buyers will choose, it is useless to set any hard cap.
If COFFE Platform is nearly 80% ready, why do you arrange an ICO?
The main purpose of why we run a token sale is that we want to gather money for the establishment of COFFE Infrastructure Fund – the pillar of our platform. An ICO is also necessary to let people know about COFFE, to create hype around the project, and attract new strategic partners and long-term investors to our project.
Where can I buy CFF tokens?
If not ERC-20, what standard will CFF Token be compliant with?
CFF Token has no standard because it is emitted on the COFFE Platform’s own chain – the COFFE Chain.
Why is not CFF Token minable?
CFF Token is created on the COFFE Chain Blockchain, which, in its turn, is technically a fork of EOS. COFFE Chain utilizes the delegated proof-of-stake (DPOS) consensus algorithm to confirm transactions. DPOS consensus algorithm is a brainchild of Daniel Larimer (Bytemaster) - one of the most genuine developers of today and the creator of Bitshares.
Daniel was the first person to realize how ineffective the mining of Bitcoin is in terms of electricity costs, huge computational resources consumption, and performing practically useless actions. Taken this all into consideration, Larimer decided to create a system that would confirm transactions thousand times as fast as Bitcoin. Larimer’s consensus algorithm operates unprecedentedly swiftly but it does not use much electrical energy and is characterized by a surprisingly high level of security because it does not involve cryptocurrency mining. This mechanism of transactions’ protection and confirmation was titled DPOS, and COFFE will be powered by this consensus algorithm, too.
COFFE Exchange Questions
What does the verification process look like on the COFFE Exchange?
To start working on the COFFE Exchange, users will need to pass a single registration with creating a personal account at dashboard. A repetitive identity authentication is not required to gain access to the basic exchange services.
How can ICOs/ITOs projects list their tokens on the COFFE Exchange?
The main condition under which ICOs/ITOs projects can be allowed to list their cryptocurrencies on the COFFE Exchange is that these projects must be verified by the COFFE ICO Standard Platform. If a project is approved by at least 10 analysts from the COFFE Infrastructure Fund, then this project can list their crypto coins on the COFFE Exchange absolutely free of charge.
If young ICO/ITO projects are not implemented on the COFFE ICO Standard Platform, they will not be able to list their tokens with the COFFE Exchange. Still, active cryptocurrency projects with well-established customer bases will be able to list their tokens of the COFFE Exchange by navigating with the COFFE administration.
What are the purposes of using COFFE Crypto Exchange? What advantages does it offer to common people?
COFFE Crypto Exchange is a semi-decentralized exchange taking the best features from decentralized and decentralized solutions to produce a brand new crypto exchange that can fully meet the ever-increasing security, performance, and functionality requirements.
COFFE Exchange is more than just a marketplace to trade crypto. In fact, it allows real users to:
- Access COFFE Exchange instruments, which include crypto asset trading and analytical tools.
- Act as an intermediary between purchasers and sellers of crypto assets/instruments (receiving the fee from both parties to a transaction) and match buy and sell orders between the market participants, hereby, assisting them with buying or selling crypto assets.
- Gain access to COFFE crypto asset management tools, which include PACK/iPACK and Top Index.
- Use Stop Loss, Take Profit, and Stop Trading orders to work more effectively at the market with minimal risks involved.
How secure is COFFE Crypto Exchange?
To achieve a faultless performance, the COFFE Crypto Exchange servers form a distributed network and are geographically scattered with the duplication of information. This increases security in terms of interaction with separate national financial regulators.
All time-sensitive information required for the stable and effective work of COFFE Crypto Exchange (such as order books, cryptocurrency quotes, etc.) is kept on the Exchange generic servers. To increase the security, the Exchange keeps only users’ asset rights, while assets themselves are kept in cold wallets. The cold wallets are created in special offline servers.
The COFFE Crypto Exchange is closed-source, meaning it is impossible to analyze its source code and detect any vulnerabilities. This is done to ensure a greater security of the Exchange and eliminate risks of hacker attacks.
All funds on the users’ accounts are controlled solely by users with the use of private keys and two-factor authentication Google Authenticator.
Only users are responsible for the safety of their authorization tools. So, if you start using COFFE Crypto Exchange, you should first decide how you will protect your private key and pass two-step verification.
Why is the COFFE Exchange semi-decentralized?
Both centralized (CEX) and decentralized (DEX) exchanges have significant insufficiencies. Such as CEXs are often attacked by hackers and scammers because of their security problems (exchange security gets compromised because users’ private keys are stored inside the exchange).
DEXs, in their turns, do not have such drawbacks. Still, it should be mentioned that there is no control over the DEX operations due to their decentralized nature. It results in the fact that DEXs cannot offer liquidity or latency tools that could stimulate big investors to enter the market and provide these exchanges with guarantees.
For this reason, COFFE Exchange will be semi-decentralized: it will boast functionality, high throughput, and liquidity of centralized solutions, as well as the confidentiality, advanced analytics, and security of decentralized platforms, bridging the gap between two ever-conflicting worlds.
COFFE ICO Standard Platform Questions
What advantages does the ICO Standard Platform offer to cryptocurrency startups and projects?
COFFE ICO Standard Platform is essentially a business incubator that fosters and protects reliable cryptocurrency initiatives. Such, if investors from COFFE Infrastructure Fund find a project promising, they will give this project up to 30% of the money which the project intends to collect during initial token sales. Thus, COFFE ICO Standard Platform furnishes a financial assistance to trustworthy cryptocurrency startups.
What is more, COFFE ICO Standard Platform provides emerging ICOs/ITOs with:
- Consulting and auditing services, including a potential and profitability analysis;
- Direct access to early backers from the COFFE platform participants;
- dvertising and informational support through all COFFE channels;
- A robust infrastructure for the deployment of decentralized applications, including databases, accounts, planning, authentication, and communication on the base of parallelism, which ensures the scalability of the blockchain up to 1 million transactions per second or even more.
How can a young ICO project receive financial support from COFFE?
ICO Standard Platform is another COFFE product, meant to nurture promising ICO initiatives and help them enter the market.
To receive financial and other types of support from COFFE, a novel ICO project should apply to the COFFE Administration for pre-audit and a permission to host their project on the COFFE ICO Standard Platform. The cost of hosting on the Platform is 100 USD or its equivalent in CFF tokens. Then COFFE experts and analysts should approve a pre-audit procedure.
If pre-audit is approved, the COFFE Protocol starts evaluating the risks and potential of the project. At this stage, the project viability must be confirmed by at least 10 professionals from COFFE Expert Pool. If experts believe that a project is healthy and perspective, each of them transfers personal funds in the amount of 100.000 CFF tokens to the project’s special transit account. This is how COFFE Protocol shares all risks with the project future participants for the choice they made.
Once the project is approved by 10 analysts, COFFE System (acting through COFFE Infrastructure Fund) and the project initiators sign an NDA and conclude an agreement on the provision of special-purpose funds. At this step, COFFE gives the project from 5% to 30% of the total sum which this project intends to raise during a token sale.
Apart from solid financial support, COFFE gives the approved project a right to access the system infrastructure and use tools necessary for the project realizations (the blockchain, dapps, and asset management tools).
Projects deployed on COFFE ICO Standard Platform are allowed to list their tokens on COFFE Exchange free of charge.:
COFFE Asset Management Tools Questions
You provide a number of asset management tools: tPACK, uPACK, zPACK, iPACK, mPACK. How do these PACK derivatives differ from each other? What is each of them used for?
PACK is a stock of smart asset management tools, allowing users to form a bundle of different digital assets to hold, transfer, and trade.
tPACK, zPACK, uPACK, iPACK are multi-assets, characterized by a lower volatility (the decrease in value of some assets can be compensated by the increase in the value of others) and a greater liquidity (it is easy to transfer a multi-asset than separate assets). Multi-assets can be:
- transferred in possession to another person;
- placed under the management of a professional manager (the COFFE expert);
- handed over under trust management of the COFFE Asset Management Company.
tPACK, zPACK, uPACK have liquidity, which is backed by the price of separate assets forming these PACKs. The PACKs can be exchanged within the COFFE system (as a single pack when it is closed or as separate assets). tPACK and zPACK can be transferred to different users outside the COFFE Platform in a number of ways, including emails and QR-codes.
With PACK instruments, users can create, hold, manage, transfer, and trade their crypto assets easily and securely. PACK instruments differ in their purposes and use. The table below will help you to understand how these asset management tools distinguish from each other.
How do your asset management tools estimate the potential of crypto assets? Are there any criteria?
The COFFE Protocol, the most complex instrument of the platform, is responsible for the crypto asset management.
Why COFFE Protocol?
In order to determine the real value of a given crypto asset, it is necessary to conduct a fundamental and technical analysis with a help of smart tools. Such an analysis consists of different procedures. Once this is done, the protocol then needs to get a verdict from the delegated trusted nodes (these nodes are presented by COFFE professional crypto experts and analysts). All data, that the COFFE system gathers about this or that asset forms a final document called as an Asset Evaluation Protocol, and it depicts major asset indicators – its rating and possible risks.
The Protocol algorithm is a commercial secret, and its source codes will never be revealed. This is based on a necessity to protect the COFFE system performance against attempts to fabricate the results. Still, we do not hide the main assessment factors and criteria. When we evaluate a specific asset, we take into consideration:
- potential of this or that idea;
- business model and technology used;
- team’s competence and experience;
- level of competition at the market;
- community size;
- a proportion of emitted tokens to the tokens for sale, and many other criteria;
- current market situation and factors which may cause its fluctuations (both positive and negative).
To perform so complex analysis, the COFFE Protocol must be highly intellectual, secure, effective, and fast. COFFE team is putting their best effort to develop exactly such protocol. And we succeed so far.:
How will COFFE control crypto experts and prevent them from acting badly?
The skills of crypto professionals, performing asset management on our platform, are confirmed by the real transactions while the COFFE Protocol determines their rating. All investments are made only in terms of investment.
To manage the iPACK, all experts must invest in this PACK at least 30% of their own funds (CFF tokens). Such an approach increases the responsibility of crypto managers and reduces associated risks.
This management is not a kind of trust, because experts cannot withdraw the funds from iPack at their own decision. To withdraw, experts must first sell the assets and distribute them among the depositors, in the amount equal to their investments.
Still, experts may turn out to be dab actors. To prevent the fraudulent behavior, COFFE system constantly monitors the actions of all experts registered with the platform in the real-time and analyzes the possible options for improper activities.
COFFE has developed special templates of fraudulent actions. And if an expert’s behavior coincides with one of these templates, the system immediately blocks all transactions conducted by this expert. If an expert’s actions look suspicious (a partial matching with a template), the system signals to an assigned specialist who can block the expert’s transactions provided his fraudulent behavior is confirmed.:
COFFE Chain Questions
Why did you decide to use the delegated proof of stake (DPOS) algorithm consensus for your Blockchain?
Delegated Proof of Stake is currently the only consensus algorithm that can fully satisfy the requirements, imposed on the performance of Blockchain applications. Unbeaten advantages of DPOS consensus algorithm over others include:
- High transaction speed, which theoretically can be even higher than that of VISA and MasterCard;
- Smooth scalability;
- Reduced electricity consumption and the absence of any outward pressure on the project due to the lack of mining;
- Greater stability against DDoS attacks.
Most blockchain projects have scalability issues. How will COFFE address them?
COFFE is a fork of EOS, and EOS, in its turn, is currently the best solution for decentralized blockchains. We decided to build COFFE on the base of exactly this Blockchain since EOS:
- Allows to code smart contracts and build full-fledged dapps on the top of its platform;
- Uses a voting system as a model of system governance;
- Is very easy-to-use for developers;
- Is ICO-friendly, meaning it provides an environment for hosting initial token sales;
- Has no mining, and, consequently, is very cost-effective and cannot be subjected to manipulations from outside.
But the main advantage of EOS is that it has parallel processing technology and runs on the Delegated-Proof-of-Stake consensus algorithm. Such an approach enables decentralized applications to function and transactions to be handled simultaneously, without increasing the load on the network. This is possible thanks to the EOS innovative blockchain architecture that offers vertical (adding processing power) and horizontal (adding machines to the resource pool) scaling of dapps. In other words, EOS can beat most existing Blockchain platforms in terms of speed, efficiency, and scalability. And COFFE leverages the technology of EOS and creates even more advanced blockchain to manage crypto assets and help everyone operate effectively in the crypto market.:
How will COFFE Blockchain ensure instant transactions?
An outrageously low speed of transaction confirmation is, probably, the main problem that defames the whole Blockchain technology. Low transactions make payments in cryptocurrencies inconvenient and prevent the mass adoption of this a priori genuine technology. COFFE is to change the view about slow cryptocurrency transactions by providing instant crypto payments. COFFE Blockchain will be able to process 100.000 transactions per second (in contrast, old good Bitcoin can handle only 7 transactions per second). By leveraging the EOS Technology, COFFE will implement the asynchronous communications and ”parallelization" of the blockchain, and this will help to increase of speed of the network up to 1,000,000 transactions per second. :
COFFE Protocol Questions
What is COFFE Protocol and how does it work?
COFFE Protocol is the Protocol of Confirmation of the fact of Financial Evaluation. It is basically an automated system that estimates the potential and risks of both new and existing assets, presented at the cryptocurrency market.
COFFE Protocol performs a fundamental analysis of crypto assets and crypto projects alike. It gathers and analyses their data and weighs these assets/projects against analogs (competitors) if there are any. There are over 60 different criteria and indicators used to carry out this analysis. The results of such holistic analysis empower COFFE experts and analysts to perform an effective, data-driven crypto assets management.
COFFE Protocol is also a system that rates the performance of COFFE Expert Pool in terms of how effectively they use the iPACK instruments. The COFFE Protocol automated system features some elements of decentralized management. The delegated trusted nodes (Block Producers) can influence the overall score (rating) of a particular crypto asset, which is traded at the COFFE Exchange or included into the COFFE Index Top tools. The asset score impacts the general rating of iPACK Experts and also determines whether this asset will be included in the COFFE Index Top.
According to this model, all Block Producers will be given a right to rank assets from 1 to 100 with an option of daily voting. The vote calculation aka the asset rating re-counting is done every 24 hours. To preserve the weight of their votes, Block Producers must vote on a regular basis. If they fail to do so, the weight of their votes will gradually reduce. The vote half-life period is just 365 days. It means that if a Producer does not vote on assets for 90 days, his/her vote will be just 80% of the initial power.: