A letter to our community; CoinDash trading, strategy, China policy and all the rest

To all of our community and supporters,

We have received many questions from all of you regarding CoinDash, token price, listing and the list goes on. We decided to use this letter for addressing your concerns one by one, in case anything was left out please send your question to our Slack official account and we’ll answer as soon as possible as always.

• Company strategy
• Token price, listing and market making
• China new policy
• How to be a winning Crypto trader

Company strategy

We would like to be clear, CoinDash is not a trading platform or a wallet. We are a service provider and our mission is to create a platform which allows you to use one account in order to view your own portfolio and better understand your investment activity over time. We currently allow our users to link their ETH address to our platform, the next step would be to allow you to integrate your exchange account and additional blockchains (BTC, NEO etc…) into our platform. Our end goal is to provide our users access to all of their investment information using one single account, thus making your decision-making process more accurate and allowing you to become a better trader.

Token price, listing and market making

This is the topic that concerns most of you, We have received an endless amount of inquiries regarding listing, token price and related issues. We would like to get listed in more exchanges and allow our token holders better access to exchanges in China and West. However, this is not our main concern, CoinDash is a quality project and listing will come.

One of the reasons for us delaying listing for a few weeks is due to the fact that we are currently working on integrating our platform with cryptocurrency exchanges, our first major listing is HitBTC, we are happy to announce that the first integration is complete, we will share the details with everyone next week.

Regarding token price, after the hack most people thought CDT will have no value once it becomes tradable. Our team fought hard to restore our token holder’s confidence, and evidently the token performed extremely well following our token sale event. The price looking forward will be determined by our progress and the value that people see in our product, nothing else. We do not intend to perform any trading activity on behalf of CoinDash in order to manipulate CDT price. We are not a trading company, our investors contributed to CoinDash for us to develop the product and team in which we all believe in, and that will be the only use of our funds, nothing else.

China new policy

The Chinese government is not the first to issue ICO related regulation and is definitely not against blockchain technology. One of the most advanced researchers and Blockchain technology leaders is the PBOC. We believe that the recent publication is meant to regulate fraudulent ICO activity in the blockchain industry. In the long run, this decision will benefit the space as funds will flow to quality projects and investors will be better protected.

CoinDash is not a Chinese company. Our Shanghai office will keep being active and we will keep growing our local operation. Ever since the beginning of this project we were very clear about the fact that CoinDash product, vision and company are here to stay. Nothing has changed.

How to be a winning Crypto trader

This part is meant for those of you who are holding CDT but unfortunately don’t have a clue who we are or what we do; if you would like to become a winning crypto trader, think long term, dare to dream with the companies you invest in, research your investments and make sure you are making the right decision before you buy a token. Price speculation is not equal to value, what we are working hard on creating in CoinDash is value, the more value we create the more valuable our company becomes, the rise in token price will be a side product of our value creating activity. So to simply answer the question many of you have been asking over the last two weeks: “aren’t you worried from CDT price”? Our answer is very simple: “NO, not at all…”

Sincerely，

CoinDash team.