CoinJanitor
CoinJanitor
Token: JAN


Join The Janitor

ICO dates
Start date:
End date:

Registrated in: Cyprus

Platform: Ethereum
Type: ERC20

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CoinJanitor categories
Cryptocurrency
CoinJanitor whitepaper
Video
CoinJanitor token sale
KYC passing required Yes | Whitelist No | Restriction for countries USA
Hard cap 7,500,000 USD
Tokens for sale 50,000,000
Token distribution in ICO
50%
50%
Price 1 JAN = 0.16 USD
Acceppting BTC, XMR, ETH, LTC, Fiat
CoinJanitor news, social
CoinJanitor search trends in Google
Random whitepaper excerpts

Abstract
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 ...

Contents
Abstract.................................................................................................................................................. 2
The problem/challenge to solve ......................................................................................................... 4
Proposed solution ................................................................................................................................ 4
Why this is NOT a Regular ICO?....................................................................................................... 5
Market analysis .................................................................................................................................... 5
What is a Deadcoin? ............................................................................................................................ 7
Target coins for CoinJanitor ............................................................................................................... 8
Why use a ...

The problem/challenge to solve
Creating new cryptocurrencies is becoming progressively easier. Simultaneously, the
rapid rise of Bitcoin prices and those of other coins, have attracted more funds into
cryptocurrency markets. This has accelerated the process of cryptocurrency creation
that started years ago. While a lower barrier to creation is in itself a good thing,
without the counterbalance of a threshold of utility this can lead to a dilution of
resources and a weakened market over time.
Many of these new cryptocurrencies have legitimate goals to fulfill, and their creators
along with their supporters, believe their coins can deliver. Nevertheless, most fail.
Of the 4,500 or more cryptocurrencies that exist today, just a fraction are delivering
true value to their users. Network effect is the main pillar of the value they deliver.
Failed or dead coins either have negligible network effect or no network effect at all,
despite the best intentions of their creators and their supporting community. ...

effect. These users will then have an opportunity to add their newly created value to
that of more successful cryptocurrency projects.
It is important to state that all token swaps and amalgamations will only be done
with the cooperation and support of project owners and communities.
Why this is NOT a Regular ICO?
Despite the creation of the CoinJanitor token as the umbrella coin with which
CoinJanitor aims to start cleaning up those failed or dead coins, this project is NOT a
regular ICO. CoinJanitor is a community funded project that aims to do something
that has never been tried before and contribute positively to the larger
cryptocurrency community.
In parallel, CoinJanitor and its creators are interested in starting the debate about
how to deal with failed projects and dead coins in the space and how best to recycle
resources back into future projects. As we progress, this token will become only one
of the many tools that we will be able to deploy to achieve this goal. In parallel,
...

basic mechanisms required in any mature marketplace. To address this, we began by
determining criteria to measure the status of coins and projects in the marketplace.
The current set of data including marketcap and supply is very limited and focuses
predominantly on price, whilst there is no dataset or source that gives insight into
the state of a project or its activity level. Therefore, we created a set of criteria and
began profiling coins. Here are some of the parameters that we focused on:

Inception date

Exchange listing status

Trade volume

Hashrate

Distribution of wallet addresses

Social activity

Forum activity

Development commits

And others
Based on these criteria we sectioned the market into coin segments. Here is a macro
view of the market focusing on marketcap and trading volume distribution across
different cryptocurrencies.
Even though the...

say anything about the number of users per project. During our profiling this was a
key parameter for us to ascertain as we understand that much of these projects’
trapped value exists within their userbases.
What is a Deadcoin?
Central to the CoinJanitor project and our aim of unlocking trapped value is the issue
of failed projects or “deadcoins”. So, what is the definition of a deadcoin?
Today there is no agreed upon definition for this or any point at which a coin can be
acknowledged as dead according to its position in the market; there are no clear
parameters to ascertain that a project has failed. This topic has been raised many
times before in a variety of fora with no emerging consensus as to what constitutes
this definition. There are threads on BitcoinTalk dating back to almost the inception
of bitcoin discussing this as well as numerous sites and lists that have tried to
catalogue inactive or abandoned projects.
It is important at this point to distinguish between scams that...

Example:
Imagine a coin that is no longer being maintained by the developer, the website and
explorer are down, it has zero hashrate and has not produced a block in two years. Is
that coin dead? What if someone intended to start mining? What if there was one
percent block target being achieved or ten percent? What if it had only been one
month since the last block?
We realised that despite there being few coins that have zero across all parameters
there are thousands that have activity scores well below their stated targets. And
there are hundreds of projects where websites have lapsed, or no blockchain
explorers are functioning.
Based on our research it became clear that the key is not the definition but the
unlocking of the value that has been trapped in these projects. Therefore, with the
cooperation of coin creators and their communities, we will begin the process of
restoring value and simultaneously initiate the public discussion to define what a
deadcoin is.
Target coins...

5. The owners should be contactable.
6.
Most importantly, the owner and community
must be willing to cooperate
with CoinJanitor.
The conditions that we set to target coins are largely based on our research and the
current state of the market. These parameters may change as our research advances,
our data becomes richer and the state of market changes. As a community-driven
project, we will share all our data and research with the public. We will also consider
enabling voting rights for CoinJanitor token holders in the future to aid us with our
decision making regarding our data, our research and the definition of what a dead
or failed coin is. The cryptocurrency space is dynamic, so we will approach it with
the degree of flexibility required to keep on evolving in it, enlisting as many
resources as possible to keep on sharpening our parameters and data.
The rationale behind these conditions is quite simple and provides a broad enough
scope to define what a failed or dead coin...

CoinJanitor Roadmap

1
Q3, 2017
Criteria and methodology development and initial coin research.
2
Q4, 2017
Development of proprietary profiling systems.
3
Q1, 2018
Identification of preliminary candidate coins.
4
February, 2018
ICO announcement.
5
April 2, 2018
ISO opens.
6
May 2, 2018
ISO ends.
7
Q2, 2018
First token swaps.
8
Q3, 2018
Release of API into CoinJanitor market date.
9
Q4, 2018
First state of the market report on all coins.
10
Q1, 2019
CoinJanitor phase 2 TBA.
Steven Gleiser
Steven Gleiser Economic Architect

Josef Marc
Supporters Josef Marc CEO At Publica

Warren Jacobs
Supporters Warren Jacobs MD At ActiveWin

Erik Benz
Supporters Erik Benz MD At Cryptopay

Ismail Malik
Supporters Ismail Malik Editor In Chief ICO Crowd

Tey Al Rjula
Supporters Tey Al Rjula Co-Founder of Tykn.Tech

Rosh Singh
Supporters Rosh Singh FinTech Entrepreneur, Crypto Enthusiast

Christoph Hering
Supporters Christoph Hering Founder, CEO at Payger

Edward Cunningham
Supporters Edward Cunningham Trippki.Com Founder

Sean Suckerman
Supporters Sean Suckerman CEO At Knocker Doodle

Josh Scigala
Supporters Josh Scigala CEO At Vaultoro.Com

Asaf Yosifov
Asaf Yosifov
CTO
Christoph Hering
Christoph Hering
Founder, CEO at Payger
Ismail Malik
Ismail Malik
Editor In Chief ICO Crowd
Britain Co-founder
BlockchainLab Founder
Blockchain R&D and ICO Advisor
Blockchain R&D + ICO Strategist
Advisor
Blockchain R&D, ICO Strategist BlockchainLab
ICO Marketing Advisor
Marketing & PR Adviser
Advisor
Advisor
Marketing Advisor
Blockchain and media advisor
Blockchain Advisor
CEO of Blockchain
Crypto media: ICO Crowd London, United Kingdom
Blockchain R&D, ICO Strategist BlockchainLab
Advisor
Board Advisor
Josef Marc
Josef Marc
CEO At Publica
Marc Kenigsberg
Marc Kenigsberg
CEO
EXTERNAL ADVISOR
Founder of BitcoinChaser
Blockchain advisor
BLOCKCHAIN AND ICO ADVISOR
Founder of BitcoinChaser
Advisor on tokenomics and data
Founder of BitcoinChaser
Founder of BitcoinChaser.com
Founder of BitcoinChaser
Founder of BitcoinChaser
Founder at BlockSmarter, Creator of BitcoinChaser
Tokenomics and Data Management Advisor
MARC KENIGSBERG
MARC KENIGSBERG
FOUNDER BLOCKSMARTER
Tzahi Kanza
Tzahi Kanza
Biz Dev
Tzvi Shishler
Tzvi Shishler
CMO
Advisor on international marketing
TZVI SHISHLER
TZVI SHISHLER
Head Social Media