09 Sep 2021 · 3 min read

Coinovy Predicted to Thrive in the Face of Uncertainty

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Coinovy is an all-encompassing crypto platform that offers both crypto financial services, and helps newbies to understand the trends in the cryptocurrency banking system. Those who are new to crypto can easily understand the easy-to-use banking system with the aid of Coinovy.

Coinovy is one of the many platforms offering crypto financial services in recent days. Still, a current forecast from a versatile and renowned Blockchain expert, Hristo Piyankov, shows that the project is one that investors and community members can rest assured on the part of profit and impact.

Who is Hristo Piyankov?

Hristo Piyankov has over 10 years of experience in data analytics, machine learning, and AI, focusing on finance. In the Blockchain community, Hristo’s forecast and estimations have proven to be worthy of attention and often these predictions came to fruition.

He is well versed in tokenomics, AI, and making financial predictions, ensuring that data works for crypto organizations. He is working with various Blockchain startups, helping them figure out their token economies and data problems.

Hristo’s Prediction on Coinovy

Recently, Hristo made a forecast on the future of Coinovy based on sound economic principles backed by data and a reasonable assumption model endorsed and accepted by the crypto community.

He concluded that the Coinovy token economy is well structured, relies on solid economic principles, and can produce more than good results even in the face of uncertainty.  The C2F token being a fixed supply utility token is deflationary in nature and ensures better and better benefits for early investors.

One of the unique approaches taken by Coinovy includes the ability to enjoy increased fee reduction by simply holding the token instead of staking it. By holding the C2F token, investors can benefit by fee reduction according to,

  • 1000-2000 tokens - 5%
  • 2000-10 000 tokens - 10%
  • 10 000 - 50 000 tokens - 15%
  • 50 000 - 100 000 tokens - 20%

Hristo also believes that the closest competition-cum-sibling to C2F is BNB in terms of buyback protocol but with better incentives and constant fee reduction.

Hristo also took an in-depth look at C2F’s token generation capabilities and came up with this conclusion

Furthermore, Hristo revealed that the Coinovy token has a strong future ahead of it, and revenue for the project is bound to increase over time at a realistic rate. The inherent buyback and relocation approach of Coinvoy ensures an optimal future for the platform.

He said, “Our expectation is for the token to reach nearly 1.5 BN USD Market capitalization within 5 years.”  This forecast makes Coinovy a haven for investors and partnerships, seeing that it has a guaranteed future.

Getting accredited by the scholar Hristo adds to the value of Coinovy. Hristo has shown a positive growth chart for the C2F token, however the company’s plans aim to supersede this realistic growth rate.

The Coinovy Project

As a project seeking to transform the crypto finance space, Coinovy has a series of value-adding features to ensure the members are duly rewarded.

The C2F token, the native utility token of the platform, which is deployed on the Ethereum network and is compliant with the ERC20 token standard, will be used to reward users for their contributions and serve as a means of payment. While other currencies are accepted as payment for all operations on the platform, holders of C2F will receive a discount. Here’s a look at the value-adding offerings from Coinovy for both experience crypto users and newcomers:

  • Inbound and outbound fund transfer to a bank account
  • Purchase of crypto
  • Crypto exchange operations
  • Lending with crypto as collateral
  • Card transactions - ATM withdrawals, POS payments, etc.
  • AI trade advisor
  • Exchange listing of coins
  • Advertising to the platform users
  • Business loans
  • Business card plan with additional benefits.

In conclusion, the Coinovy platform is guaranteed to be a game-changer in the crypto space. Although the crypto industry is relatively new compared to stocks and other sectors, the future and trends of a project can be predicted using reliable data. Hristo’s prediction on Coinovy’s future points out that the project is on a path of proving productive for all involved. This would serve as a call to potential investors and other players who would love to join the Coinovy revolution.