Cloin WhitePaper
Cloin is an independent Ethereum-based token developed to facilitate and accelerate transactions in a secure environment.On This Page
Cloin, your trading solution!
Cloin aims to be listed on trusted Forex and Binary Options brokers as a payment method. Also, it will be listed on the world's top crypto exchanges to be tradeable for crypto traders as an asset. Cloin is honored to start its journey by cooperating with CloseOption.com as its first partner to purchase its goals. CloseOption is an international broker that has professionally provided a binary options trading platform since 2015. The broker is lawfully established in Georgia and is in accord with its rules and regulations. CloseOption offers more than 30 currency pairs for binary options contracts and is among the best and most trusted binary trading platforms. The platform also features a free demo account for newcomers to test the market before their actual entrance into the financial markets or experienced traders who want to assess the functionality of their newly-developed strategies in addition to the real-time accounts.
Furthermore, the broker offers frequent promotions such as Deposit Bonuses, Cash Gifts, Affiliate Program, Weekly Contests with the Chance and Accelerator Coins to give the unfortunate traders a second chance. Another feature of the platform is that it offers various payment methods with maximum security and speed to achieve international customer satisfaction. All of the mentioned characteristics qualify CloseOption as the first trading platform to add Cloin as a payment method and a secure and convenient medium for transactions.
What are Cloin's short-term goals?
Cloin developers aim to meet the following targets by the next 12 months:
The first season: listing the token on certificated brokers and exchanges to make it available for trading in international scope and incentivizing permanent holding of the token through social media, marketing, and attracting a loyal Cloin community.
Second season: Embedding a payment cart on CloseOption.com for projects attepmting to create a token and promote it by offering promotions on transactions. In other words, each project can introduce its token and define it as a means of payment on the CloseOption platform and provide services and promotions to the website's clients using the payment cart.
The third season: Investing in further expansion and development of the project goals and initiating supportive programs for traders, such as providing an open-source education program.
Last season: Developing an independent blockchain network for Cloin to create a new environment for support-oriented projects like Cloin in financial markets and the insurance industry.
Why is Cloin issued?
The motive behind creating Cloin is twofold. First, on a financial basis, Cloin's team means providing a safe environment and making trading more convenient and lucrative by instituting a mechanism that benefits traders. Second, on a philanthropic basis, Cloin aims to take a step forward to carbon elimination from energy sources by 2050 and promote clean energy development by supporting energy-related artificial intelligence (AI programs). Cloin also pursues to support gene therapy institutions that meet international standards to improve public mental and physical health.
By way of explanation, Cloin aims to support solar battery industries that would replace old-fashioned and nonrenewable energy sources and eventually render fossil fuels obsolete. A notable example of air pollution sources is the jet fuel used for flying massive airplanes. The power can be safely substituted with liquid hydrogen, which can be produced using solar energy and is considered a clean energy source. Supporting recycling and replacing plastics is another environment-friendly purpose of Cloin. All in all, Cloin plans to
finance practical projects that pursue the development of clean energy sources alternatives. Similarly, Cloin would cooperate with other coin or token projects that prioritize reliance on clean energy sources and little energy consumption.
AI has penetrated various aspects of our lives, including transportation. Navigation mobile apps are one of the instances of AI merits. Such apps can tell you where to find what you want in the shortest time and prevent unnecessary long trips. In addition, airlines can use AI to control air traffic, weather conditions, delays, emergencies, etc. The second virtue of AI is the development and advancement of auto-piloting. The technology can be implemented in the production of affordable drone cars that significantly reduce the waiting time, traffic congestion, and fuel consumption on the one hand and create an exhilarating travel experience for the passengers on the other hand. To put it another way, combining renewable energy sources and implementing AI goes a long way in carbon elimination, which is what Cloin is after.
The second area of Cloin's humanitarian goals regards public health. Cloin aims to support gene therapy institutes and organizations and the related AI programs to cure cancer and reduce cancer infection to 10% by 2050. The required science for realizing this goal is already available, and the financial support from projects like Cloin will make it come true. In general, Cloin seeks to help improve life quality and increase lifespan.
What are Cloin's benefits and profits?
CloseOption's senior traders are the first ones who can take advantage of this newly developed token as they can buy it at a lower price, making their purchase a risk-free investment. Naturally, the token's value would increase as the demand increases. This is an act of gratitude to the clients who have been using CloseOption for now. Cloin team also respects new Cloin users by providing Welcome Gifts, and all users can benefit from Occasional Gifts. The Deposit Gift is the third benefit of buying and using Cloin. CloseOption's users who deposit Cloin would get considerable discounts as well as promotions as explained below:
If you buy/deposit $1,000 worth of Cloin, your payout amount will increase by 1%. This increase can be up to 3%. Therefore, if a trader deposits $5,000 worth of Cloin, their payout will increase by 3% in the first month, and the remaining 2% will be added to their payout amount in the second month.
If you buy/deposit $100 worth of Cloin, you can participate in one contest for free.
If you purchase/deposit cloins, you can use one free recharge item in a contest. Please note that your balance must be less than $10,000.
By depositing cloins, you can grab the chance to return 10% of the money if you lose it. Please note that your balance must be lower than 10% of your deposit.
Per each $100 worth of Cloin, you will be awarded a chance and an accelerator coin.
What are the risks of Cloin?
The risk of buying Cloin is next to nothing for the clients who deposit the token during the presale, as they can buy it for a lower price. But as far as technical matters are concerned, traders are recommended to keep the tokens in their original wallets on devices that are seldom connected to the Internet.
Is there a guarantee for the return of the initial investment?
Although the not inconsiderable profit that will arise from depositing Cloins during presale will gain the clients' trust, CloseOption guarantees its users to return their money if, after one year, they did not want to own Cloins for any reason. Furthermore, the token will be listed on various exchanges, and the clients can exchange their tokens at higher prices in the future.
How can you contribute to the Cloin project?
As you deposit Cloins, wait until the token's value goes up, and then you can contact us to arrange your desired contribution. Also, corporate users and companies active in AI and clean energy areas or any business that pursues the same goals as Cloin can send a resume of their company and the history of their activities and contact us to negotiate their valuable support.
What will come of Cloin?
Cloin is not developed to serve a limited number of private investors. Millions of traders will use it in their binary options trades and increase the token's popularity in the coming years.
How can you trust Cloin?
Trust comes with time. As the token will prevail in the market and various trusted exchanges list it, you can trust the token and its value.