CoinJanitor - Join The Janitor

With more than 4,500 cryptocurrencies in circulation, there are bound to be many that are functionally dead. This presents many challenges for cryptocurrency markets, as well as for the users of those currencies. Those users have their money locked in a network that doesn’t allow them to transact, or a currency that is not tradeable.

STO/ICO Status

Status
Successful
Symbol
JAN
Start Date
2018-05-01
End Date
2018-05-31
Hard Cap
7,500,000 USD
Initial Price
1 JAN = 0.16 USD
Token Supply
50,000,000
STO/ICO Website Owner of CoinJanitor?
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Basics

PlatformEthereum
TypeERC20
AcceptingBTC, XMR, ETH, LTC, Fiat
Circulating Supply50%
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

About

With more than 4,500 cryptocurrencies in circulation, there are bound to be many that are functionally dead. This presents many challenges for cryptocurrency markets, as well as for the users of those currencies. Those users have their money locked in a network that doesn’t allow them to transact, or a currency that is not tradeable.

Cryptocurrency markets on the other hand, suffer from dilution of resources and reputational issues due to the sheer number of unusable coins. CoinJanitor aims to solve these problems by unlocking trapped value in these projects and at the same time create the much-needed public discussion of how best to recycle value from failed projects in the future.

CoinJanitor will achieve this by taking over failed projects. To do this we will exchange CoinJanitor tokens (JAN) for the delisted coins that users hold. We will then proceed to burn those tokens and coins that we acquire. Through this mechanism, value will be restored to individual users who can sell or trade their CoinJanitor tokens, and to the community at large by the recycling of codebases and project assets back into the community.

By reducing resource dilution in the market CoinJanitor will contribute to the network effect of functional coins, more effectively leverage fragmented communities and implement a mechanism for the recycling of spent resources back into future projects. As a result, CoinJanitor will also benefit from network effect and create a highly engaged, loyal community of coin holders working towards the improvement of utility and value in the crypto economy.

Team View All

Marc Kenigsberg
Marc Kenigsberg
CEO
Asaf Yosifov
Asaf Yosifov
CTO
Tzahi Kanza
Tzahi Kanza
Biz Dev
Tzvi Shishler
Tzvi Shishler
CMO
Theo Morgan-Somers
Theo Morgan-Somers
CIO
Steven Gleiser
Steven Gleiser
Economic Architect