Spotcoin Pre ICO (SPOT)

Streamlined FinTech Solutions To Access Capital


Spotcoin is developing a complete digital asset management toolkit. One intuitive interface that will provide access to digital asset markets, over-the-counter trading (OTC), mining and payments. Spotpay allows for fast, cheap, convenient retail transactions using digital assets. Spotcoin supports new distributed ledger technologies by investing in promising startups and training the blockchain workforce of tomorrow through its innovative Blockchain Institute and Accelerator Program. The Spotcoin community will have access to the valuable insights gained through creating a smarter economy. Our weekly dividend distributions backed by reports from third-party auditors ensure transparency and accountability.

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4.3
ICO PROFILE
TEAM
VISION
PRODUCT
Ended
Token SPOT
Platform NEO
Price 1 SPOT = 0.5 USD
Country Georgia
PreICO Start Date 12 Jun 2018
PreICO End Date 14 Jun 2018

About Spotcoin

Spotcoin is already part of the smart economy having matured as a market leader in the Black Sea Region conducting over $10M in OTC trade volume in 2017. This success led to $1M in seed funding, allowing the company to grow from 3 to 27 employees. Spotcoin serves institutional investors, merchants, miners, professional and retailtraders. Spotcoin intends to build the Black Sea region’s first comprehensive digital asset ecosystem. This plan includes development of the Spotcoin digital exchange, the Spotpay payment system, a 25MW mining facility utilizing renewable energy, and the inauguration of the Black Sea Blockchain Institute.

Over the Counter Marketplace (OTC)
Spotcoin’s OTC marketplace was established in November 2016 to provide digital to fiat currency trading services for clients worldwide. Spotcoin intends to become a market leader for trusted OTC trades in all major digital currencies. Spotcoin is developing an automated marketplace and will obtain all necessary licenses to increase our global trading  capabilities.

Exchange
Our digital asset exchange will focus on a simple user-interface providing global and regional fiat currency trading pairs with four core digital currencies: GAS, BTC, ETH and SIB. Spotcore, our proprietary order matching engine, will provide centralized liquidity between our digital exchange, mining operation, over-thecounter marketplace (OTC), and our Spotpay payment system.

Mining
Spotcoin has designed and initiated an environmentally friendly $3.25M facility utilizing hydroelectric power scalable up to 25MW. Our new facility will house 4,500 GPU miners with additional capacity to host 4,500 units on behalf of clients.

Spotpay
Spotcoin’s innovative payment system is a key aspect of our “simple liquidity” ethos. Spotpay will provide a secure payment widget, an API and app-based digital wallets that will provide consumers with fast, low-cost, and secure point of sale transactions. Spotpay will integrate with Spotcore to provide instantaneous payouts in the merchant’s desired currency with transactions occurring at the current market price. Spotcoin intends to capture $1M per month of the estimated $100M existing retail digital currency marketplace by Q4 2020.

Black Sea Blockchain Institute
To help the region keep pace with the disruptive impacts of distributed ledger technologies Spotcoin is establishing the Black Sea Blockchain Institute to fulfill three key functions – Education, Research and Innovation. The institute and
accelerator will advance and incorporate blockchain technology use cases covering digitizing assets, smart contracts, and digital identities. Projects will be selected by the blockchain community and accelerated through institute funding, directly addressing problems within the Black Sea Region.

Team

Andrew Thornhill member of Spotcoin ICO
Andrew Thornhill
Co-Founder
Guram Rukhadze member of Spotcoin ICO
Guram Rukhadze
Co-Founder
Giorgi Abuladze member of Spotcoin ICO
Giorgi Abuladze
Co-Founder
Natalia Khizanishvili member of Spotcoin ICO
Natalia Khizanishvili
Co-Founder
Timothy Gick member of Spotcoin ICO
Timothy Gick
Chief Executive Officer
Sean Mulcahey member of Spotcoin ICO
Sean Mulcahey
Chief Strategy Officer
Nelly Gvadzabia member of Spotcoin ICO
Nelly Gvadzabia
Director of Administration
Ketevan Popkhadze member of Spotcoin ICO
Ketevan Popkhadze
Marketing Manager
Nikoloz Gugulashvili member of Spotcoin ICO
Nikoloz Gugulashvili
Information Technology Manager
Zaza Sharmanashvili member of Spotcoin ICO
Zaza Sharmanashvili
Chief Accountant
Byron Yoshida member of Spotcoin ICO
Byron Yoshida
ICO Program Manager
Tamar Nozadze member of Spotcoin ICO
Tamar Nozadze
ICO Program Coordinator
Anait Ambartsumyan member of Spotcoin ICO
Anait Ambartsumyan
Armenia Country Manager
Archil Kublashvili member of Spotcoin ICO
Archil Kublashvili
Netherlands Country Manager
Nino Kavtaradze member of Spotcoin ICO
Nino Kavtaradze
Compliance Manager
Zurab Kvinikadze member of Spotcoin ICO
Zurab Kvinikadze
Digital Marketing Manager
Irakli Kadzilashvili member of Spotcoin ICO
Irakli Kadzilashvili
Graphic Designer
Nika Revazishvili member of Spotcoin ICO
Nika Revazishvili
Lead Blockchain Engineer
Tornike Peradze member of Spotcoin ICO
Tornike Peradze
Software Engineer
Shalva Giorgadze member of Spotcoin ICO
Shalva Giorgadze
Innovation Manager
Salome Gabrichidze member of Spotcoin ICO
Salome Gabrichidze
Bookkeeper
Marine Meladze member of Spotcoin ICO
Marine Meladze
Administrative Assistant
Davit Jgerenaia member of Spotcoin ICO
Davit Jgerenaia
Designer
Zack Newmark member of Spotcoin ICO
Zack Newmark
Aram Shumavon member of Spotcoin ICO
Aram Shumavon
Vakhtang Gogokhia member of Spotcoin ICO
Vakhtang Gogokhia
Michael Cowgill member of Spotcoin ICO
Michael Cowgill
Nikoloz Enukidze member of Spotcoin ICO
Nikoloz Enukidze
Fred Kortmann member of Spotcoin ICO
Fred Kortmann

Milestones

  • 1

    Q4 2016

    Spotcoin was co-founded by:
    Andrew Thornhill
    Giorgi Abuladze
    Guram Rukhadze
    Natalia Khizanishvili

  • 2

    Q1 2017

    Completed $1.5M in transactions

  • 3

    Q2 2017

    Trading exceeded $5M with profit surpassing $10,000 on a single trade

  • 4

    Q3 2017

    Appointed CEO and received $500,000 in initial seed funding

  • 5

    Q4 2017

    Moved into new offices and hired 20 new staff members

  • 6

    Q1 2018

    Pre-ICO phase. Received $500,000 second round funding

  • 7

    Q2 2018

    Trading Logic Integration & Matching Engine

  • 8

    Q3 2018

    Advanced UI & notification system.
    Admin panel & customer support tools

  • 9

    Q4 2018

    Functional testing, security audit completed & launch

  • 10

    Q1 2019

    Launch

Financial

Token Sale Info
Token SPOT
Token Type NEP-5
Platform NEO
Price in ICO 1 SPOT = 0.5 USD
Investment info
Accepting NEO, BTC, ETH, SIB, Fiat
Soft cap 5,000,000 USD
Hard cap 30,000,000 USD

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