OIG Research Report: CoinBurp
CoinBurp is a unique user-friendly trading platform built by seasoned cryptocurrency experts revolutionising how people buy and sell cryptocurrency. CoinBurp is set up in the heart of London with a heavy focus on user experience, community, and education.
CoinBurp aims to become the ‘Coinbase for NFTs’, having long-term experience as a cryptocurrency trading platform and rated as the number one platform according to Trustpilot UK; it has now moved with the market and started building within the decentralized and NFT space. The final product will bridge the gap between the worlds of CeFi and DeFi, allowing the user to get in and out of DeFi, hold and trade NFTs, stake for an APY and earn unique NFTs, all powered by their single Fi and DeFi app with fiat capabilities and direct-to-market access for major NFT marketplaces.
Outlier Ventures a Web3 focussed VC investing in promising crypto-based companies, have incubated Coinburp.
Peter (CEO of CoinBurp) founded BitBroker in 2014. With a brokerage website specialising in selling cryptocurrency in the UK via LocalBitcoins. Within 3 years, BitBroker became a leader in the industry with a turnover of over £100M in 2018. Since then, Pete helped to create CoinBurp and is now pushing the boundaries further on the next generation of exchanges, with the power and balance of decentralized solutions through their DeFi NFT wallet.
CoinBurp has solid advisors, including eToro’s former CEO, Iqbal Gandham, and Co-Founder of Sandbox, Sebastien Borget, who have many years of experience in Cryptocurrency and traditional financial markets.
CoinBurp has also been focussing a lot on the DeFi + NFT industry. It plans to launch a non-custodial wallet that works both as a gateway to buy NFTs from our the leading marketplaces while securely storing and sending our newly purchased Ethereum-based tokens.
The purchase process will be completely streamlined within the wallet, with the ability to purchase NFTs directly from FIAT currencies like GBP and EUR.
NFT wallet sneak peek
$BURP is the utility token of the CoinBurp platform.
- 20% of CoinBurp fees redistributed as $BURP-back to support the sustainability model.
- $BURP unlocks rewards on CeFi and DeFi.
- Staking $BURP grants entry into a unique NFT raffle loyalty programme