Trade.io - Evenly Distribution Of Tokens
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Hello everyone.
As said in my previous post An overview of trade.io. Trade.io is set to change the exchange trading system by providing a transparent and convenient method for its users to trade solely on the blockchain. This idea also involves both digital and physical assets, such as cryptocurrencies, precious metals and many other commodities within the blockchain.
Trade.io is currently undergoing their pre-ICO- with the company's intent on raising about 200,000M ETH in exchange for 200M TIO (The company's trade token). On here, users are allowed to invest their assets through the trade.io membership by using the TIO, which in return, trade.io will share 50% of the profits and will also share its losses. This is the liquidity pool that is being shared on the platform. In order to be eligible for this offer, it is required that the user is to own 2500 TIO Trade Token which is approximately $875 USD on pre-ICO or $1200 USD post-ICO. This liquidity pool is a fair service for both the investors and the platform.
The company has an interesting strategy to distribute tokens during the Pre-ICO and ICO. Their plan is to launch 200 million tokens during the Pre-ICO and if there are any unsold tokens, they will proceed to add the leftovers to the ICO and increase the prices, which is a very common practice. The ICO itself will have 75 million tokens plus the leftovers of the Pre-ICO. Any tokens that are not purchased through the ICO (concluding December 15th, 2017) will be destroyed. Assuring that the platform has a stable supply of tokens.
Any token not purchased under the ICO, with the concluding date to be December 15th, 2017 will not be useful, thereby leading to destruction of the token.
For more information on Trade.io visit any of the links below;
Trade.io Website
Trade.io Telegram
Trade.io Medium
Trade.io Facebook
Trade.io Reddit
Trade.io LinkedIn
Thanks.