Coif Capital Recap

Hello everyone and welcome to a new AMA session in Satoshi Club :)

Today we will have @david7crypto with us so that he can solve all our doubts about such an interesting project

Welcome here David

Hello everyone, I'm excited to be here with you. And a big thank you to the Satoshi Club team for the wonderful opportunity to present our project.

Always a pleasure

So, as a short intro to the AMA, can you please tell us about yourself and make a brief summary of COIF?

Sure!

My name is David, I am Communication Manager at COIF.CAPITAL.

Just one piece of information to start with. A few hours ago we reached our soft cap! And I am happy to share with you everything you need to know about our project! https://gempad.app/special/0x6976c6FA1FeDF1578b12BEbAC8D7d549010Aa7df?chainId=56

COIF.CAPITAL was founded by a talented group of experienced business leaders, developers, designers and marketing specialists. Development core team consist of 5 members currently: 2 blockchain developers 1 web and graphic designer 1 manager for strategy and internal coordination 1 marketing manager

The team has a lot of experience in DeFi, and we have worked together on many different projects. None of them, however, was anything special. It was just time to create something extraordinary. That's how the idea for COIF.CAPITAL was born, a crypto project that combines traditional investment fund concepts with cryptocurrencies, while adding unique features.

Congratulations on such a great achievement 👏🏼👏🏼

I am ready to answer all of your questions!

Sounds good

Ready to start with the first community question Then?

Sure!

Lets go for it

Q1 from Telegram User @Apelord_Ds I learnt that Holders of your Tokens gets access to some specific Pools in your platform, so could you kindly talk about the 3 pools offered to holders of your Token? What could be the entry requirements for holders of your Tokens? , What could be the criteria for participants in the ecosystem to meet up before they are eligible for certain offered rewards? What could be the minimum amount of COIF that Is required for Holders to start Earning any form of rewards?

Thank you for your questions! Everyone should understand it!

To start I just would like to share the functionality graphic first: https://coif.capital/#functionality

The fund assets of COIF.CAPITAL are made up of the following components: • Fees on the buy/sell of COIF (initial assets) • Fees for the various services (see "COIF Utility" in WhitePaper) • Investing the fees/profits in “blue-chip” cryptocurrencies like BTC, ETH, BNB. • Investing the fees/profits in various crypto projects (IDO, IEO, Small-Caps, partnership projects, ...) • Income from various other sources (see "COIF Utility" in WhitePaper)

The fund assets are built up in 3 assets pools: Pool #1 – Long-term pool of assets which can contain every cryptocurrency. Pool #2 – BNB pool for direct distribution to COIF token holders as "BNB dividend". Pool #3 – COIF pool („ COIF Burn Pool”).

Regarding minimum amount of COIF:

To answer this question, it's quite straightforward. To receive rewards, you only need to hold a minimum of 100 COIF tokens in your wallet. With this amount of tokens, you automatically become a shareholder of COIF.CAPITAL. This means you automatically gain ownership rights to all the tokens in Pool 1 and WBNB in Pool 2, in proportion to the total amount of shares. Rewards are then sent automatically to the wallet containing COIF tokens.

We can go to the next Q.

Sounds good. So not only whales can participate in that pools :) We will have another question similar to this one later, so you can give us more details

Can you please tell us about COIF tokenomics?

Yes, for sure.

All the information can be found on our Website: https://coif.capital/#allocations

We are a long-term project. That's also the reason why the team tokens (10%) will only be fully unlocked after 2 years, and the growth funds (35%) will only be fully unlocked after 6 years!

Thank you David, ready for the next question?

👍

Q2 from Telegram User @airdroper_bd113 Coifcapital Ambassador I saw a talk about an ambassador which I like very much but here I have more questions about what capacity of an ambassador to be employed by others for any work he is qualified to transfer funds from the liquidity pool of Kaif Capital and if someone is an ambassador If he gets a chance, will Kaif Capital submit any of his documents such as passport, national ID card and others so that Kaif Capital does not have to be a victim of any fraud.

SatoshiClubbers, check this one about the ambassador program 😉

This is a really good question, especially for those who want to support us with work!

COIF.CAPITAL Ambassadors do not have access to the funds, no documents are required to become an Ambassador.

Ambassadors have defined tasks and get salary for them, they are not simple admins in our groups. We also have a defined application process. Anyone can apply. All details in the linked document in the application form: ambassadors_program_COIF.pdf

https://t.co/vKlEdt2MH5

Apply if you are interested! We are still looking for good ambassadors for COIF.CAPITAL. 💪

Go and apply!!

Good luck community, I wish many of you get chosen :p

Thank you David for giving SatoshiClubbers the opportunity to work with you

Welcome!

Ready for the next question?

Yes, I am ready.

You were born ready haha

Lets go

Q3 from Telegram User @kingsleycomm While going through your website, it came to my discovery that, 35% of your token supply, will be for long term growth, and 5 years lock up. Can you please provide us information on this? Will this be a rewards for those who stacked and lock there token up for 5 years? Or it will be a rewards for both stackers and those who hold tokens? Can you please tell us how does it work. And furethermore, concerning your stakings, please elaborate us on how does it works. What are the requirements before one, can do stake? What is the minimum token which one can stake? And what’s the incentives for stakings? Thank you

A lot of questions again! Good! 😊

We have a long list of utility for COIF directly after start.

As I explained in my answer on the first question already: To receive rewards, you only need to hold a minimum of 100 COIF tokens in your wallet. With this amount of tokens, you automatically become a shareholder of COIF.CAPITAL. This means you automatically gain ownership rights to all the tokens in Pool 1 and WBNB in Pool 2, in proportion to the total amount of shares. Rewards are then sent automatically to the wallet containing COIF tokens.

Regarding Staking:

That’s right, additional staking is planned for the future. It is fundamentally true that we want to increase the value of COIF within the project by all means. We will not pay bills in COIF, we will not pay our ambassadors in COIF, and we will not pay staking rewards in COIF. For staking rewards, we first need funds (BNB/USDT/...), which we will earn in the future. Only after that will we implement these additional utility. Currently, there is no specific date and no specific criteria. It depends heavily on the project's development. All of this will be discussed within the community after the launch.

It was a very good question!

SatoshiClubbers are simply AMAzing. They make the best questions

Thank you David. I have no extra questions for this one, very clear response

Ready for the fourth one?

👍

Q4 from Telegram User @Ask4unik Hello team COIF Going through your docs, it’s clearly seen that holders of the $COIF token has an amazing role in the growth of the this project.with this in mind I would like to know Is there a fixed (minimum or maximum)amount of $ COIF token a holder should hold?Token holders have the right to vote and in your project, but are there specific levels when it comes to authority or everyone onboard is equal? Please explain

This one was partially answered

Use it to expand the previous info or to say anything you like about COIF 😉

Give me a second.

For sure, take your time

It’s still the same amount as in Q1: 100 COIF. That gives you access to rewards and DAO. And the DAO participants can adjust this amount later, e.g. to 200 or perhaps 50 COIF. But in any case we start with 100 and I don't see any reason to change this so quickly.

Regarding Voting: At the beginning, it won't matter how much one holds, as long as the voting is not yet on the blockchain. Therefore, there won't be any significant changes voted on in the beginning. Once we shift the voting onto the blockchain (planned for later this year), the number of tokens will influence voting power. Someone with 2000 COIF will have twice as much voting power as someone with 1000 COIF.

I hope, it's clear now.

You have fast fingers 😉

I am very well informed!

Seems so haha

Thank you David

Anything else you want to add before we jump into the next question?

We can move to the next.

Q5 from Telegram User @ElisonLB1 Greetings COIF project. Your project have a great initiative to help customers save and better utilise their funds. Looking at your roadmap, you are to launch the $COIF token this Q3 which this month happen to be the last of the months in Q3. So what progress have you made in regards to the token launch? When is the official date for the launch of the token? What will be the price at launch and finally what are the mechanisms that the project will employ for the long sustainability of the token? Thank you.

Thank you. 2 hours ago we reached our Soft Cap on GemPad! https://gempad.app/special/0x6976c6FA1FeDF1578b12BEbAC8D7d549010Aa7df?chainId=56 All the information you require can be found there. 👉Start: 2023-09-20 11:00 UTC 👉End: 2023-09-24 11:00 UTC 👉Launch on PancakeSwap (https://pancakeswap.finance/swap?outputCurrency=0xCd463FDaB4B1A9441596D5E62203cE12B9A2eD3A): 2023-09-24 14:00 UTC

Regarding long sustainability of the token:

Please read the part about our Pools in the WhitePaper: https://coif.capital/wp-content/uploads/2023/07/COIF_CAPITAL_whitepaper.pdf

Our major key for succes is Pool #1 – Long-term pool of assets.

The majority of COIF.CAPITAL's fund assets are held in this pool. This pool represents the intrinsic value of the entire project. Most of the project's know-how is implemented via this pool. At the beginning, this pool only contains BNB (Binance Coin), which come from the fees when buying/selling COIF, as we have already described.

We will exchange some of these BNB into various other tokens (such as BTC or ETH), trade with a portion, and invest in promising startups with another part. Which tokens these will be – it will be decided by the community. We've already roughly described the process with the „Trader Team“ in WP. And these added tokens can be paid out as rewards after the community's vote.

If the community wants Dogecoin, then it will be Dogecoin. 😊 The only limitation: it must be a BEP20 token. Like WBNB, we can easily distribute these as rewards.

There are MANY ideas for this pool on how to generate value. Some have been described in the WhitePaper, but many have not, to prevent other projects from copying them. Our SmartContract is unique. We can distribute any BEP20 token as a reward. We are not aware of any other projects that can do this!

Memecoins 🤨😂

One important information: 10% of the raised funds 🫶 from this public sale will be allocated to Pool #1 – our long-term pool! This means that part of the funds will flow back to the investors! One more reason to invest! 🔥

Btw David. How can we buy some COIF tokens? What exchanges will be the chosen ones?

CEX or DEX?

We will add 70% of raised funds to PancakeSwap on Sep 24 - 14:00 UTC.

And lock them for 2 years!

Lock will be simply extended later.

CEX will come later.

We will be ready on the 24th

Lovely! Long term vision

We are not meme project, we are long-term there!

So ready for the last question of part 1?

Sure.

Q6 from Telegram User @silver_splash At around 7am UTC, today, 21st September 2023, the COIF X/twitter handle made a post about it’s ongoing public sale reaching a total of 235BNB committed, this is 5BNB short of the soft cap which is set at 240BNB. Congratulations on reaching this milestone. Can you briefly explain how these funds will be utilized within the COIF ecosystem? With the soft cap already reached and now all target is aiming at the hard cap, could you explain to us COIF next plans after the public sale might have been concluded? For those that may be interested in participating; could you give details on how we could proceed? What is the min and max bnb that may be committed? Convince us that COIF.CAPITAL will protect the interest of every enthusiast that have participated in this sale

Dear community, we will open the chat soon. Please prepare your questions. COIF Team will select 10 of them. Please remember the rules ❗️❗️❗️ - Only genuine questions will be rewarded. Copied questions will be disqualified - Read the rules here - For Part 2 of the AMA, every user will be allowed to post maximum 3 questions. One message should contain maximum 1 question. If you post more than 3 questions, you will not receive the reward if selected. Thank you for understanding and good luck!😉 - Also, don't forget to join COIF Telegram Group (https://t.me/coifcapital) to be eligible for rewards

In the meantime we reached already Soft Cap! Thank you! 😊

Yeeaaah!!! 🤟🏼👏🏼

Congratulations

This info is available on public sale page: https://gempad.app/special/0x6976c6FA1FeDF1578b12BEbAC8D7d549010Aa7df?chainId=56 🟢 70% of the raised funds will be allocated to the liquidity pool on PancakeSwap! 🟢 10% of the raised funds will be allocated to Pool #1 – our long-term pool! This means that part of the funds will flow back to the investors! The rest will be used for further project development. We are are always transparent to our community. If you join us, you will see, we always do what we promise!

Thank you David!!

Now is time for the storm of questions from our community

Highly welcome.

Hope you brought your umbrella today

😊

Remember the rules, SatoshiClubbers

Opening the chat soon. Good luck everyone

3…2…1…

Go!

Is your project audited, what measures are you putting in place to make sure that the investors funds are safe from rugpull and Scam?

We have 2 Audits: https://www.cyberscope.io/audits/coif https://github.com/solidproof/projects/tree/main/2023/COIF

How would you prevent your Tokens from completely dumping after It listing? Would the Tokens bought on Public sales be completely Unlocked for owners to Trade as they wish?

Very good question! The difference between seed/private sale ($0.02) and public sale ($0.025) is only 20%. It will simply not be attractive to dump the token after launch.

I check this day Coif.Capital will do Public Sale, kindly to give us any information about participation in Public Sale, also do people need KYC to join?

No KYC, you can join here: https://gempad.app/special/0x6976c6FA1FeDF1578b12BEbAC8D7d549010Aa7df?chainId=56 Soft Cap already reached!

what do you intend to do with all that funds raised? I think we all deserve transparency, and the entire community would actually be interested in knowing how you intend on utilising the funds made from this sale.

This info is available on public sale page: https://gempad.app/special/0x6976c6FA1FeDF1578b12BEbAC8D7d549010Aa7df?chainId=56 🟢 70% of the raised funds will be allocated to the liquidity pool on PancakeSwap! 🟢 10% of the raised funds will be allocated to Pool #1 – our long-term pool! This means that part of the funds will flow back to the investors! The rest will be used for further project development. We are are always transparent to our community. If you join us, you will see, we always do what we promise!

What are my benefit if I can hold your token? And where can I get them. $COIF

https://coif.capital/#utility And much more is planned in the future! Please check WhitePaper: https://coif.capital/wp-content/uploads/2023/07/COIF_CAPITAL_whitepaper.pdf

Greetings Coif capital and welcome to satosh community. After joining your Telegram page I noticed that you are currently conducting an ambassadorship for the community to engage in, well I might say that’s a great initiative for adoption for your project. My question is, what exactly are the responsibility of Coif capital ambassador? What are some of the qualification you are looking for in an ambassador? Which countries are eligible or not eligible to apply for the ambassadorship program to create coif capital awareness…and lastly what are some of the incentives or benefits will coif capital ambassador get? In a nutshell give us more detailed information about the ambassadorship program. Thank you and coif capital to the moon

https://t.co/vKlEdt2MH5 Check this and apply! 🥰

I read in your roadmap that you have installation a "Trader Team". Can you explain how the Trader Team was formed and what kind of contribution it will make to your project?

A very good question! Please check this part in WP. COIF stands for Community Investment Fund. Everyone, and I mean everyone who holds COIF (from 100 COIF upwards), has the right to bring in proposals and participate in the voting later on. I would differentiate here into two areas: 1. Trading/investing with fund assets in Pool #1. 2. General administration like, for example, determining how often WBNB is paid out from Pool #2. In the first case, a „Trader team“ is elected who takes care of sorting/selecting the proposals and preparing the voting. In the second case, the team, along with ambassadors, will sort the proposals and prepare/conduct the voting. It is not the case that every proposal comes to the vote. First, it's discussed together (usually in the Telegram group), and then proposals are shortlisted for voting. The following steps are planned for the first case: a) A “Trader team” is selected from the community (COIF holders). b) The community discusses various investment opportunities on the main Telegram channel and makes suggestions. c) The “Trader team” carries out a detailed analysis and selects the best suggestions. In addition, the “Trader team” makes its own suggestions. d) The “Trader team” prepares the voting on possible investment options. e) The community votes on the investment options. f) The "Trader Team" makes the final decision taking into account the community's vote and informs the community about the next steps. g) The project team executes the investment at appropriate prices/rates. As we want to build up assets sustainably, only medium and long-term investments are made. Later, these steps can be optimised in consultation with the community. 80% of the assets in Pool #1 are held long-term in "blue chips" such as BTC, ETH, BNB (TOP 10 by capitalization). We can decide e.g. 1/3 BNB, 1/3 ETH, 1/3 BNB for those 80%. 20% are for risky investments.

You say that you will invest some tokens from the pool into promising startups. Can you shed more light on this? Does the community have a say in what startups receive this funds and how transparent will the process be?

Yes, this process will be completely transparent, like everything we do. And everyone has a say. So if you own COIF, you can recommend which tokens should be included in Pool 1! Please check WP for more details or ask it in our main channel: https://t.me/coifcapital