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Hello friends! Perhaps you are not familiar with e-wallet, there are many cloud storage services or different types of digital wallets. In today's article I will discuss a new generation of digital wallet. It is Cobo Wallet. So what is Cobo?

About Cobo wallet
Cobo, a Beijing-based e-wallet startup, has raised $ 13 million Series A to enter the new international market. The round is led by DHVC and Wu Capital, a family office based in China. Cobo plans to expand in the United States and Southeast Asia, especially Vietnam and Indonesia. Cobo is currently accepting pre-orders for Cobo Vault, a hardware wallet (pictured above) that he claims to be military grade. Cobo's Series A brings a total of up to 20 million USD to date.

Cobo Wallet allows users to store both stock and evidence stocks. One incentive for people to choose applications on competitors is the ability to group evidence assets with other users so they can increase the chances of exploiting and validating new blocks on the blockchain. Since its debut earlier this year, Cobo said its e-wallet has attracted more than 500,000 users.

Design feature
All these features were originally provided by the developers of Cobo Wallet to ensure that in the future you will not have any problems in managing your digital assets and you will easily communicate through one device with a large number of applications through POS support and Dapp store. Moreover, for the development of the entire cryptocurrency potential, the founders have provided such modern tools for investment as Impact Lives, with which each user will be able to increase their wealth in the most reliable and safe way. But that's not all. Cobo Wallet is truly a storehouse of various functions and tools for both the average user and for professionals of the cryptocurrency market, which is not enough only reliability and security. Since they are also important additional features of the wallet with which they will be able to competently manage their investments. And most importantly, Cobo Wallet has such investment tools that the user can use for added value. And the name of this service – BitGrow. If we talk about this tool in more detail, we can safely say that it is highly professional, since its management methods were previously used in various investment firms, hedge funds, as well as a number of other companies engaged not only in the optimization of the arbitration strategy, but also projects dealing with AI.

How To Earn Reward ?

DASH

The exact reward amount is affected by three factors and is subject to change on weekly basis. The three factors are:

The number of masternodes in the DASH network: The more the number of masternodes, the fewer rewards each masternode earns.
Traffic of DASH network: the more traffic (more blocks mined in a certain period ), the more rewards each masternode earns
Amount of DASH you have in the reward wallet: Cobo has multi-bucket reward rate policy, it means the more DASH you deposit, the higher rate of awards you will earn. The multi-bucket is approximately divided as follows:

≥ 1000 DASH

880 – 999 DASH

500 – 879 DASH

200 – 499 DASH

1 – 199 DASH (Cobo requires only 0.1 minimum deposit for you to earn DASH rewards. Normally, to set up a DASH Masternode, users are required to lock up as many as 1000 DASH)

These factors are dynamics. The rate of award changes minute by minute as the above factors change. You can check the DASH rewards estimation rate and masternodes statistics from this link: https://cobo.com/pos/dash

LBTC

The system will automatically pay out rewards that have exceeded 0.1 LBTC in value.
Reward amounts that do not meet the 0.1 LBTC threshold will be rolled over to the next cycle.
Cobo pool only charges 7.5% manage fee if vote Cobo nodes.
New users of Cobo Wallet that deposit LBTC will enjoy the best reward rate available (Cobo will only charge a 5% management fee).

XZC

The exact reward amount is affected by three factors and is subject to change on weekly basis. The three factors are:

The Number of masternodes in the XZC network: The more the number of masternodes, the fewer rewards each masternode earns
Traffic of XZC network: the more traffic ( more blocks mined in a certain period ), the more rewards each masternode earns
Amount of XZC you have in the reward wallet: Cobo has multi-bucket reward rate policy, it means the more XZC you deposit, the higher rate of awards you will earn. The multi-bucket is approximately divided as follows:

≥ 1000 XZC

880 – 999 XZC

500 – 879 XZC

200 – 499 XZC

0.1 – 199 XZC (Cobo requires only 0.1 minimum deposit for you to earn XZC rewards. Normally, to set up a ZNode, users are required to lock up as many as 1000 XZC to set up one)

These factors are dynamics. The rate of award changes minute by minute as the above factors change. You can check the Zcoin rewards estimation rate and masternodes statistics from this link: https://cobo.com/pos/xzc

Conclusion

Summing up a logical result about the project, I want to say that its developers have really done a tremendous job, combining in one solution so many useful features, tools and capabilities, and brought it all to an incredible level of reliability and security. At the same time, the speed of all transactions will also be at the highest level, so you will not have any difficulty in just a few taps with your fingers to order a pizza and pay for it from your Cobo Wallet.

Of course Cobo Wallet contains a huge number of practical features that I do not even tell you about, but in order to study them you will still have time. As part of my brief review, I do not touch on too deep topics and give you the opportunity to study them on your own. Moreover, at the end of the article you will find a list of official resources of the project, where you can answer any question. And this from me perhaps all and see you soon!

Official resources of the Cobo Wallet project:
WEBSITE: https://cobo.com
TELEGRAM: https://t.me/cobowallet
ANN THREAD: https://bitcointalk.org/index.php?topic=5129263
FACEBOOK: https://www.facebook.com/coboOfficial
TWITTER: https://twitter.com/Cobo_Wallet
MEDIUM: https://medium.com/cobowallet
LINKEDIN: https://www.linkedin.com/company/coboofficial
WEIBO: https://weibo.com/u/6450251003
YOUTUBE: https://www.youtube.com/channel/UC4pPHVxoBYQubw19zL9tu-A/videos