Points (PTS) Announces Coinsta, Digital Asset and Digital Identity Management Tool

Points (PTS), the first truly scalable blockchain data collaboration protocol for better credit scoring and inclusive finance, announces the launch of its first ecosystem application and digital asset management tool, Coninsta.

For the first time, Coinsta democratizes wealth management products, normally reserved for high net-worth individuals. Through the Coinsta app, customers can invest as little as 0.05 Bitcoin (BTC) for the opportunity to generate up to 8% in annual returns, backed by low-risk arbitrage quant trading algorithms managed by professional teams

To gain access to these financial products, users must pass Points (PTS) Know Your Customer (KYC) verification. Additionally, users are encouraged to contribute their personal data within Coinsta’s digital identity management interface, in exchange for credits in PTS tokens, which can later be used as coupons or more.

“We believe that in the future, your personal data will become another form of a currency that you can optionally participate in exchange for access to benefits, including financial products as we’ve introduced in Coinsta,” said Sarah Zhang, CEO and Founder of Points (PTS). “Coinsta is the first to empower investors with a financial product that offers lower risk than simply holding your Bitcoin in this bear market.”

Included in Coinsta is also an aggregated AI-powered news feed for crypto investors to read the latest, quality stories from the cryptocurrencies, regulatory news, or blockchain startups that you want to follow.

Developed by Points (PTS), Coinsta is the first of a planned ecosystem of applications developed on top of the PTS protocol, however the company foresees and encourages developers interested in developing on top of the PTS protocol to reach out. The PTS protocol provides developers with easy-to-use tools to build secure data collaboration applications.  

“With our testnet running and with the introduction of Coinsta, we’re excited to be leading the way in building applications that empowering people to manage their own data, and we’re inviting blockchain startups to join in on participating in the development of our ecosystem,” said Zhang.

At launch, Coinsta will first be made available on Android.

Points (PTS) has raised a total of $8 million in funding from traditional and blockchain venture capital including Digital Horizon Ventures, Cherubic Ventures, Ce Yuan, Ontology Foundation, Nest.Bio Ventures, and Zhong Cheng Xin Credit Technology.

  • The Media Kit for Points can be accessed here.
  • To learn more about Points, visit https://Points.org.
  • Follow Points on Twitter @PointsPTS
  • Follow Points on Telegram https://t.me/joinchat/IjOXLBL2MUeEdmUonyd_qQ
  • To reach out regarding partnerships or other inquiries, email Points at [email protected]

About Points

Co-Founded in 2017 by Sarah Zhang, and Kate Shen, Points (PTS) is the first truly scalable blockchain data collaboration protocol for better credit scoring and inclusive finance, providing the unbanked with access to fair financial services. Built on the blockchain, Points is enhanced by AI that is trained on data from 500 million credit profiles, contributed by partners including Zhong Cheng Xin Credit Technology Ltd. and Teleinfo, a subsidiary of the Ministry of Industry and Information Technology (MIIT). With $8 Million in funding, Points is backed by seasoned investors including Digital Horizon Ventures, Cherubic Ventures, Ce Yuan, Ontology Foundation, Nest.Bio Ventures, and Zhong Cheng Xin Credit Technology Ltd. Points is based in Singapore with offices in Beijing and San Francisco.

CMA (Crypto Mass Adoption) - Lumi Wallet Collab: Making Crypto Simple

The informational and educational platform on cryptocurrencies, CMA (formerly CoinMarketApp), and anonymous multi-currency Lumi Wallet announce a partnership based on the same goals - making crypto as simple and accessible as possible.

Common Ground

What unites these two projects is that they are both more than just a tool of one function. Lumi Wallet is not just a multicurrency wallet, but a whole ecosystem for integrated features of different blockchains. With a built-in browser, price graphs, and exchange, Lumi covers most of the everyday needs of an average crypto user in one app. Lumi supports a wide variety of coins, including BTC, ETH, EOS, and is soon to become open-source.

“Our users are offered a new experience, more complete. Wallets are essential for interacting with blockchains and Lumi Wallet will be part of the first apps that we will release on our app platform. This collaboration will accelerate adoption for the whole community, as such we are looking forward to more opportunities, that this collaboration will generate.”

Karim, CEO of XDLT

CMA which is now owned by XDLT, is an information platform that contains comprehensive data on cryptocurrencies and has a rich App platform to explore data on the current state of affairs in crypto. CMA gets information on the markets directly from CoinMarketCap, and on ICOs from ICOWatchlist.com, while the blockchain raw data and business analysis studio is accessible with SQL and is powered by XDLT. CMA is ready to launch a new inclusive platform where the community can deploy their favorite blockchain project applications and is revamping the “crypto knowledge center” to open a whole new dimension of functionality for users to explore the world of blockchain and cryptocurrencies and help their favorite blockchain projects get adopted.

Both projects have web versions and apps for IOS and Android but most importantly, they share the same vision of how products for cryptocurrencies users should function. As Diana Furman, the CEO of Lumi Wallet states:

“To make informed assumptions about the market, investors need platforms that assess and share factual information in an understandable way. This is CMA. To make informed decisions, users need flawlessly working instruments with nice UI. And that’s Lumi. We both strive to simultaneously educate new users and give a seamless experience to old-timers, so the partnership had been written in the stars”

Diana Furman, CEO of Lumi Wallet

Fruits of collaboration

Lumi Wallet and CMA have come together because of the same values and view of the market: to make cryptocurrencies useful and friendly to crypto-enthusiasts and newcomers alike, your product must reflect those qualities itself.

Therefore, both apps are going to support each other's endeavors in the informational and educational fields. Make sure to keep up with media announcements!

Useful links

CMA - Download (Android, iOS), Follow (FB, TW, INSTA)

Lumi Wallet - Download (Android, iOS), Follow (FB, TW)