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Leading eShop MonetaryUnit, See’s Token Value Soar, Supports 42 Cryptocurrencies for Online Shopping

MonetaryUnit Press Release

Bitcoin Press Release: Top eCommerce company MonetaryUnit has recorded substantial value rise in its digital $MUE token. The rise has been attributed to the fast adoption of its growing service, which now allows online buyers to use over 40 cryptocurrencies to purchase good with.

8th November 2018, London, UK – 70 Million household items can now be bought worldwide, as acceptance of over forty cryptocurrencies becomes the flagship payment option on MonetaryUnit’s ($MUE) relaunch of the largest UK independent marketplace.

Since the summer acquisition of the Flubit.com brand, MonetaryUnit’s $MUE coin has shot up 37% in value, making it one of the leading players in the market today.

Importantly for the wider crypto industry, this provides fresh validation for those seeking to make cryptocurrency an everyday payment asset. The company has already seen a surge in demand from communities wishing to have their coins added as payment options.

Bertie Stephens, CEO of Flubit.com, spoke today about the important challenges of enabling a coin to be adopted into everyday life.

“Being part of the Flubit.com shopping ecosystem can create demand for a coin, increase volume of trading, and consequently help grow a coin’s value and future relevance. Any community can apply, and we consider applications of those coins that we believe meet the same ethos as the MonetaryUnit’s own blockchain and crypto technologies”.

The founder of the MonetaryUnit Blockchain project, Byron Barnard emphasised the project’s focus is to create environments that are accessible to all and free from the stigma that the blockchain/crypto space is only for techies.

“Online shoppers expect the ease of checkout that card-payments currently gives them; prior to today that just hasn’t been possible at scale with cryptocurrency. On Flubit.com you can now simply choose any item from multiple sellers, select your preferred coin, and pay within a few clicks. Millions of everyday household items can be bought with crypto and zero fuss”.

Flubit.com (a marketplace similar to Amazon’s offering), connects thousands of suppliers together, allowing users to purchase different items directly from multiple sellers in one basket. A setback to previous use-cases of cryptocurrency has been a slow adoption-rate from traditional businesses, but as Steph Fiala, Chief Operating Officer of Flubit.com explains, that is no longer a pain-point for sellers.

“Sellers won’t know if they’ve received an order paid with a crypto or fiat currency. Where required and prior to an order being sent through to a seller, our technology automatically converts crypto payments into their native-currency. Sellers can now access a $15bn/day industry risk-free, an advantage they cannot get via other marketplaces”.

The coins available at the launch of Flubit.com crypto offering are:

BitCoin, BitCoin Cash, Dash, DogeCoin, Ethereum, Ethereum Classic, Komodo, LiteCoin, Ripple XRP, XMR Monero, Beancash, BlackCoin, Bitcoin gold, CloakCoin, Crown, Decred, DigiByte, Game credits, Groestlcoin, Lisk, MaidSafeCoin, NavCoin, Neo, Namecoin, Nxt, Peercoin, Pura, Qtum, SmartCash, Stratis, Syscoin, TokenPay, Tron, Ubiq, Vertcoin, Waves, NEM, Verge, ZCoin, Zcash and Horizen

Media Contact

Contact Name: Ashley Hill
Email: Ashley.hill@flubit.com

To find out more, visit – https://www.MonetaryUnit.org/
Visit Flubit – http://www.flubit.com
To download the wallethttps://github.com/muecoin/MUE/releases
Get the wallet for Android – https://play.google.com/store/apps/details?id=com.muepay.wallet
Follow MonetaryUnit on Twitterhttps://twitter.com/monetaryunit
Official Discord Channel – http://discord.gg/5PD3X7G

Monetary Unit is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Panxora Opens up the Financial Markets to Crypto Users

Panxora Press Release

Bitcoin Press Release: The exchange allows users to generate return from cryptocurrency assets without divesting their position in the asset class. Over a dozen cryptocurrencies accepted as collateral, including bitcoin, bitcoin cash, ether, ether classic and litecoin. With Over 500 stocks from Germany, the UK, Hong Kong and the US including Deutsche Borse, Adidas, Apple, Lenovo and EasyJet.

25th October, 2018. London, UK. The past 12 months have seen many rush into cryptocurrency guns blazing. Following the initial rise and fall in 2017, the general consensus is that a solid base is forming in the price of cryptocurrency and it’s right to hold (or ‘HODL’) onto the asset as we see what comes next. The problem with this approach is that those having considerable assets tied up in crypto now find themselves with limited options for generating returns from their capital.

Introducing Panxora

Panxora gives crypto owners a better option than simply sitting on their assets. Panxora offers cryptocurrency owners direct access to currency, stock and a variety of other asset classes.

Panxora’s co-founders boast significant careers working in some of the most successful privately held financial companies in the world. It has been successfully delivering uninterrupted service to the crypto space since 2014, under the name ‘First Global Credit,’ and will continue under ‘Panxora’ to give cryptocurrency holders the same freedom to pursue financial opportunities as traditional currency holders.

Gavin Smith, CEO of Panxora said:

“Right now, Panxora is an exchange that gives cryptocurrency holders direct access to various currency and stock markets. But that’s just the first step in our ultimate goal to dissolve the distinction between fiat and cryptocurrencies when it comes to financial opportunities. Looking ahead, we will continue to bring ever more choice within reach of crypto asset owners. Everything we do, in every field, is aimed at that goal.”

About Panxora

Panxora lets anyone, anywhere use their cryptocurrency assets to generate a financial return. By providing direct access to mainstream financial markets using cryptocurrency as collateral, Panxora puts cryptocurrencies on par with fiat, and asset-holders in control.

Founded in 2014 under the name First Global Credit, Panxora has always aimed to provide cryptocurrency owners the same opportunities as fiat currency holders have to generate revenue from their assets. With significant experience both in traditional financial technology and cryptocurrency markets, Panxora’s co-founders brought their first service – crypto backed stock to market, followed shortly by AICoin which uses proprietary AI to trade the cryptocurrency markets. The company’s development team continues to innovate new products and services that will provide advantages to its customers. This includes the public launch in early 2019 of Panxora Crypto I, a cryptocurrency focused hedge fund that has been successfully engaging with proprietary assets for over a year. This and other services designed to give crypto-asset holders ever more opportunities. With more than 12,000 customers in 35 countries, Panxora is the crypto-community’s trusted partner to meet financial goals and put crypto-assets to work.

Visit the website: https://panxora.io
Watch on YouTube: https://www.youtube.com/channel/UC226_O-ZpKEVzXebLrEBteg/featured

Media Contact
Name: Jenny Corlett
Email: jenny.corlett@aspectusgroup.com

Panxora is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

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ImmVRse’s IMVR Listed on DDEX – An Advanced Decentralised Exchange

ImmVRse Press Release

Bitcoin Press Release: ImmVRse Token (Symbol: IMVR), the ERC20 utility token for VR professionals has been listed on DDEX, one of the top five decentralised exchanges in the world. Industry-leading decentralized exchange DDEX offers IMVR traders instant and real-time on-chain settlement on the decentralised platform.

October 2nd, 2018, London UK – Following a token sale conducted between July and September, the VR marketplace platform, ImmVRse, with a combined social media following of 48000 across various channels is progressing towards transforming IMVR into a truly global utility token. The aim of the ERC20 token is to be used as a utility token for ImmVRse DApp, and any other application that will be built within the ImmVRse ecosystem. To celebrate listing of IMVR on DDEX, the exchange has announced a trading competition.

The trading will run from 15:00 September 25, 2018 to 15:00 October 7, 2018 (GMT + 08:00). A total of 400,000 IMVR will be distributed in rewards. More information is available here.

Users can trade via this link: https://ddex.io/trade/IMVR-WETH

Farabi Shayor, CEO at ImmVRse said,

“We would like deliver the amazing crypto community with multiple options to join and cooperate with us in the development of disruptive platforms that we aim to develop. DDEX provides an exceptional platform and prospect for current and upcoming IMVR traders to trade using a next-generation and cutting-edge user interface.”

With an aim to target the global market, IMVR will be listed on more DEX and traditional exchanges in the coming months. ImmVRse will also announce further giveaway and trading competitions within the next few weeks.

About DDEX

Using Ethereum smart contracts and the 0x protocol, DDEX allows users to trade digital assets directly from wallet-to-wallet. Built on hydro protocol technology, DDEX is one of the top decentralized exchanges by both total number of transactions and trading volume.

About ImmVRse

ImmVRse is a decentralised VR content sharing platform that will aim to offer creators of the content, VR brands, and advertisers a chance to get the product or service out into the public space. The ImmVRse DApp will work as a smart-contract based marketplace for VR professionals. The platform will have its very own native token, the ImmVRse token (IMVR), which will be used as the form of payment between all parties within the ecosystem.

To learn more visit the Website: https://immvr.se/
Meet the Team: https://immvr.se/team/
Chat with us: https://t.me/immvrse/
Read the full Whitepaper: https://immvr.se/whitepaper/
Connect on Facebook: https://facebook.com/immvrse
Connect on Twitter: https://twitter.com/immvrseUK
Trade on DDEX: https://ddex.io/trade/IMVR-WETH

Media Contact
Contact Name: Farabi Shayor
Contact Email: protocol@immvr.se

ImmVrse is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

About Bitcoin PR Buzz -Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR

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JoyToken Releases Developer API to Showcase Smart Contract Functionality

Bitcoin Press Release: Game developers can now see how Ethereum-based smart contracts are used to determine game outcomes on the JoyToken Platform.

London, UK; January 19, 2018 — Today JoyToken released its API protocol to demonstrate how games will run on the JoyToken platform. Developers will be able to use the JoyToken protocol to build games incorporating JoyToken’s smart contracts, and contribute to the foundation of a trustless online gambling ecosystem. Using smart contracts to distribute winnings, determine RNG values, and provide an audit trail of transactions, participants need not trust fellow players, developers, and casino operators. Instead, players can check the game code based on this API to verify that the odds are as advertised. Casino operators need not pay for a third party back-end to execute payouts, as these will be distributed automatically. Developers can continue to earn rewards paid in JoyTokens for the games they create.

Andrew MacDonald JoyToken CEO, said

“We aim to increase transparency in the gambling industry for developers, players, and casino operators. In releasing the API, we hope to give the developer community a preview of the opportunities that will soon be available to them via the JoyToken platform and protocol.”

About JoyToken

JoyToken is a platform and protocol that forms the foundation for a “trustless” gambling ecosystem wherein smart contracts are used to automatically determine game outcomes. JoyToken’s greater aim is to further the growth of the gambling industry by creating entrepreneurial opportunities for game developers who otherwise may not have access to a large audience. By joining JoyToken’s platform, game developers can gain distribution and earn rewards from their games.

Joytoken TGE

Joytoken’s presale started on the 1st of December, 2018 and ends on the 13th of February, 2018. Joy tokens will be valued at $0.20 however at this time of presale, users can aquire a 50% bonus for contribution. In regards to the Joytoken’s token total supply, 700,000,000 Joy max will be minted, and broken down into:

  • 20% Pre-sale
  • 30% Sold at token Sale
  • 10% Rewards Pool
  • 23% Sold on Platform
  • 12% Funding Team
  • 3% Ambassadors
  • 2% Token Sale Bounties

To learn more about Joytoken visit their website: https://joytoken.io/
Read the Whitepaper: https://joytoken.io/white-paper.html
Check out the Team: https://joytoken.io/team.html

Media Contact:
Name: Nikki Brown
Email: nikki@melrosepr.com

Joytoken is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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“A-SDR DIGITAL CURRENCY BASKET” Extends ICO Timetable An Extra 7-Days Due to “Overwhelming” Response

Bitcoin Press Release: Over X-Mas weekend, an organization called Acchain.org, itself overseen by the international decentralized Committee IDAXC (“International Digital Assets Exchange Council”), issued a press release commemorating yet one more successful milestone in its long-term business plan. Namely, the launch of an ICO to fund the “A-SDR,” a global basket of digital cryptocurrencies based on a similar model that the IMF has been working with for several decades.

Whereas the IMF deals exclusively with banks within its own sphere, the emergent A-SDR is open to anyone looking to exchange or cross-settle transactions within the digital/fiat universe. Which, effectively, is everyone working in digital space.

6th January 2018, London, UK – In the original announcement, it was explained that ACCoin (“ACC”) — the top-tier or “fuel” coin supervised by the IDAXC — would form a 3-part “digital cryptocurrency basket” alongside Bitcoin and Ether. Offering ongoing, updated, exchange rates that were determinate and fixed worldwide. All to better “anchor” the three coins in a manner that would be transparent and open to anyone, anywhere in the world.

Such a supra-national system, just like the IMF model on which it is based, would be the first and perhaps most important step for integrating the crypto (alt-coin) multiverse into the traditional (fiat) banking system. And would also be a necessity if (as many expect) sovereign nations decide to issue their own national coins or tokens in the days or months ahead.

According to Serena Lin, spokesperson for ACChain (the issuer of ACCoin),

“Within a week of the X-mas release, Google showed our announcement had been picked up or linked on over 7500 English-language sites worldwide, and our staff was working around the clock answering questions on social media, especially Twitter. People were demanding to know more. All things considered, we decided to delay the closing of the A-SDR ICO an extra 7 days, to January 31st, to try to answer questions.”

The same basic questions were being asked over and over, explains Lin:

Why is such a Digital Basket Needed?

“Experts agree that one of the most powerful benefits of the Blockchain revolution is the ability to “eliminate the middleman” — with attendant speed increases and cost reductions within the global commerce arena. It is estimated by the WTO, for example, that over $1.6 trillion a year (USD equivalent) is spent on transaction costs alone when countries do business on an international level. Blockchain transactions can reduce these costs significantly, and also enable smaller businesses formerly unable to meet the “transaction fee threshold” to get into the game. That is potentially hundreds of billions of dollars of brand new commerce stepping onto the playing field. This is possible only if everyone, at once, has a conversion and exchange standard they agree on, and emanating from a central source.”

What is ACCoin and why does it deserve to quantify Bitcoin and Ether?

“ACCoin is perhaps the best-kept secret in the digital world,” suggests Lin. “Representing years of work initiated even before the launch of Bitcoin, ACCoin was designed and configured, complete with its own Eco-System, to be the premier “anchoring” or “digitizing” token on the planet. It has the ability to convert (and later reconstitute) both tangible and intangible assets to and from the digital universe. Every coin and token not anchored to a quantifiable asset — even including Bitcoin — is merely “Blockchain 2.0.” Only those coins or tokens anchored to something identifiable and quantifiable deserve to be called “Blockchain 3.0,” the final phase of the digital revolution. Coins backed by assets will also be more price-stable, experts say, and therefore much more suitable for daily commerce.”

“Consider that asset-backed coins are not only quantifiable but ownership is specific and allocated. Unlike, for example, commodity futures that trade billions of dollars a day, per commodity, per exchange, but are mostly backed by nothing,” says Lin. “Consider also that, over time, the daily trading volume of asset-backed coins will far exceed that of simple utility tokens that are unbacked. This is a huge paradigm shift that very few have considered.” (For more on the complete, integrated, ACCoin system, see www. Acchain.org.)

“In the years to come, we expect the vast majority of issued digitized tokens to use the ACCoin system, much in the same way that the majority of Blockchain applications currently use Ether,” explains Lin, “so by anchoring both Bitcoin and Ether in the A-SDR, we are actually adding value to these coins for the future, as they will finally be able to be quantified in terms of a “basket” bound to real things.”

What is the upside for participants in the A-SDR ICO?

“Participants in the A-SDR ICO receive ACCoin. As is the case of developers who use Ether, every subsequent and future transaction involving digitization or anchoring of a real asset using the Eco-System will incrementally increase the value of ACCoin.”Adds Lin, “We have a great many announcements coming in 2018. We expect several of these announcements to deal with the conversion, via traditional banks, of digital to fiat, and vice versa.”

Is the IMF involved with the A-SDR?

“We simply borrowed a concept that had proven itself workable over decades, and retooled it to solve a pressing need in the crypto space.

But aren’t there tokens already doing digitization?

“There are indeed single-utility tokens or coins that claim to be able to anchor one specific asset, under one specific circumstance, at one specific time. Tokens anchored to gold and sold as investments, for example, are very popular now. But the team behind ACCoin has spent over ten years developing an actual Eco-system designed to allow the conversion and reconstitution of assets, in real time, 24/7, both horizontally (within the Blockchain universe) and vertically (to and from the hard-asset universe.)”

“To be clear, there is no one else doing this. In fact, while some of the individual features of ACCoin are duplicated by other coins, there is no single coin or token offering the full spectrum of service and utility that ACCoin is offering; nor is there any similar coin that is overseen by a decentralized international committee; nor is there any similar coin operating at a supra-national level, a level higher even than local or national (sovereign) digital coins.”

How does the A-SDR work?

“Every 180 days, the A-SDR Fund will issue new units to satisfy pent-up demand for asset-digitization via ACCoins within the Eco-system. At the same time, the relative exchange values between the three digital currencies in the basket (ACC, Bitcoin and Ether) will be adjusted. It is suggested that, assuming ongoing demand for Blockchain-supervised asset digitization in these sequential periods, the value of ACC itself can only increase relative to the other two coins. The fixed and quantifiable value of all three coins in the basket will, in turn, be used worldwide as benchmarks for banks and other institutions or organizations offering exchange and conversion services; including exchange to and from sovereign coins (as they emerge); and to and from fiat.”

“Over time, markets will naturally discover that, of the three coins, ACC is the more stable, and the only one grounded in physical assets. Of the three coins, only ACC will offer all five critical attributes that financial institutions insist on — quantifiable value; scalability; liquid circulation; stability for storage; and global acceptance as payment & settlement. This should, ultimately, cause institutions to favor ACC as a standardized means of global payment & settlement for transactions involving digital assets.”

Are there any Early Adopters of the ACCoin Eco-System?

“The ‘hard’ rollout of the A-SDR/ACCoin model is taking place right now with the official launch of the A-SDR Fund! Through the summer of 2017, the Eco-System was successfully stress-tested with a variety of assets including a rare type of Chinese tea and a very large real estate project in Texas. Other successful tests included financial instruments, and even a line of electric cars.”

“In December 2017, the global E-Commerce giant TENCENT Holdings Ltd. announced it had adopted the ACCoin Eco-system and was looking forward to playing a significant role in the rollout.”

“Wu Fei, Senior Architect of the industry-leading TENCENT CLOUD program said, ‘TENCENT CLOUD will work hand-in-hand with the A-SDR to create an asset-based digital product that will ultimately disrupt the entire industry.’video here. TENCENT operates mainly out of Asia and has a market cap in excess of $500.0 billion. In comparison, the market cap of Disney is less than $100.0 billion.”

Is Fiat (cash) required to participate in the A-SDR ICO?

“The ICO is structured to allow immediate participation to subscribers already holding either Bitcoin or Ether.”

To learn more or participate in the FUND, visit the Website: http://www.acchain.org/en/activity.html
Follow on Twitter: https://twitter.com/ACCHAIN
Like on Facebook: https://www.facebook.com/ACChainGlobal/
Read the Whitepaper: https://www.acchain.org/whitePaper/Acchain_whitepaper_En.pdf
BitcoinTalk: https://bitcointalk.org

Media Contact
Contact Name: Serena Lin
Contact Email: serena@acchain.org

ACChain is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

About Bitcoin PR Buzz -Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR

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LiveTree Launches reverse ICO to Disrupt the $500 billion Hollywood Industry

December 1, 2017, London, UK — LiveTree’s film, TV and content business captured 5% of the UK entertainment crowdfunding market in the last 2 years. It has fostered several high-profile partners including The British Film Institute, Red Rock Entertainment, the Screen Arts Institute, and 14,000 industry suppliers worldwide. The existing business will be migrated to LiveTree ADEPT.

LiveTree ADEPT is the next generation of the platform built on the learnings from the existing proven business. The new platform, ADEPT, goes beyond crowdfunding and utilizes the blockchain to lower fees, remove costly contracts, and introduce the world’s first end-to-end, blockchain based Digital Rights Management distribution platform ($500bn film, TV and content industry).

Built on Ethereum blockchain technology, the new platform captures market share through a token incentivized fan-community for film and TV distribution. It will raise up to $50 million through a token sale that started on Friday December 1st when a pre-sale of 35 million Seed Tokens (Symbol: SED) was launched. Visit ADEPT.livetree.com for more information.

LiveTree ADEPT is set to disrupt the $500bn entertainment industry using blockchain technology to empower fans and film makers with key features including:

Digital Rights Management: Owning and sharing video intellectual property will be moved to the blockchain. This opens possibilities for the general public to own what they watch and earn from profits derived from exploiting content distribution e.g. from subscriptions, pay-per-view, and advertising. New digital channel Blossom TV will be the destination for this community powered content.

Legal contracts involved in the production, financing and distribution of film, TV and content are often viewed as a burdensome and costly overhead. ADEPT replaces these contracts with blockchain based “smart contracts”. This reduces costs and fosters fan community gamification.

Digital Token: The Ethereum ECR20 “LiveTree Seed” digital token is set to replace subscription fees, legal fees and funding costs. The token encourages community growth by enabling fans to gamify the process of production, through sharing, participating and promoting the content they watch.

LiveTree ADEPT has a 5-year roadmap to capture market share. In addition to the ADEPT community approach, LiveTree will license films specifically for ADEPT through LiveTree Incubators fund, this is expected to generate significant Seed value. Incubators in LA, London and NYC will produce LiveTree Blossom TV “Originals” which will be used to further increase the value of the token, while promoting mainstream adoption of Blossom TV.

 More information at: https://adept.livetree.com
About LiveTree ADEPT video: https://www.youtube.com/watch?v=yQrJYfzwovI
LiveTree ADEPT explained video: https://www.youtube.com/watch?v=sG9EwTijb-E
Showreel of projects we have already helped bring to life: https://youtu.be/DjcLJoa56TE
White paper: https://goo.gl/Z9v26V
BitcoinTalk: https://bitcointalk.org/index.php?topic=2302310.0
YouTube: https://www.youtube.com/channel/UCaYwptvyg18MS1D6j2o60wg

Media Contact
Contact Name: Lennard van Otterloo
Email: lvo@livetree.com

LiveTree ADEPT is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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EXMO Cryptocurrency Platform to Launch Margin Loans With the Power of the Crowdsale

December 1, 2017, London, UK EXMO has announced their plan to introduce margin loans as the key feature of their platform, which will allow traders to earn more on currency fluctuations by borrowing extra funds. This will bring a whole new way of trading to over 700,000 loyal traders around the globe and numerous new ones, enabling them to trade cryptocurrencies on a bigger scale than they would be able to previously.

Under a margin loan, one borrows funds from a broker to buy or sell stock. EXMO will offer 1:2 leverages for a margin loan on the most popular BTC, ETH, and USD order books. More options will come in the future as the demand for the service  increases.

In order to cover the traders’ demand for margin loans, as well as to enable the overall platform development, EXMO will attract additional investment capital by issuing its very own token called EXMO Coin (EXO).

At the core of the upcoming crowdsale is the principle of giving the already-profitable platform an additional boost for rapid development. Half of the funds raised through the crowdsale will be used to cover the increasing demand for margin loans, and another quarter will be put into the overall cryptocurrency exchange development.

The rest will go into establishing the margin loan insurance fund, acquiring the necessary licensing for simplifying the fiat money transactions, and covering marketing expenses.

Ivan Petukhovsky, EXMO co-founder, explains:

“We at EXMO believe that cryptocurrency trading must offer the same variety of investment tools as ordinary trading. We look to the future and would like to foster this development through bringing the virtual and real economies closer, and giving more people opportunities to invest and earn with just a click. Issuing the EXMO Coin will enable us to satisfy the demand of hundreds of thousands of traders, and develop an even more resilient, reliable, and truly global exсhange platform.”

Token holders will receive 50% of the revenue derived from margin loans distributed among them in the form of dividends on a monthly basis.

Following the sale, the EXMO Coin will be traded on the EXMO Exchange in pairs, such as EXO/BTC and EXO/ETH, and later on with other currencies and altcoins, thus constituting another lucrative asset for its holder.

On top of that, EXMO announced its guaranteed token buyout, outlining the corresponding conditions and dates in their White Paper.

About EXMO

The EXMO Exchange was founded in 2013, and has showcased steady performance ever since. In fact, it saw a trading volume of $192 mln back in 2014, growing to $1.8 bln in 2017, and 591,000 deals in 2014 reaching 24 mln in 2017. Thus, the trading volume and the number of deals made through the platform grew by 9 and 40 times respectively in the course of 3.5 years. The client base swelled by 188% in 2017. This tends to be an essential dynamic to consider, as the value of EXMO Coin will correlate with EXMO’s overall performance, as well as exchange rates of other currencies on the platform.

EXMO will launch their token currency on February 26, 2018, and all the interested users will immediately be able to purchase EXMO Coin tokens. The crowdsale will last until March 26, 2018.

Additional crowdsale info: https://crowdsale.exmo.com/
Website: https://exmo.com/
Facebook: https://www.facebook.com/exmo.market
Twitter: https://twitter.com/Exmo_com
Telegram: https://t.me/exmocoin
Blog: https://medium.com/@exmocoin

Media Contact
Contact Name: Sofiia Neduzhko
Email: crowdsale@exmo.com

EXMO is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

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