EXMO, one of the leading cryptocurrency exchange platforms, is launching a crowdsale to support the ambitious goal of adding a Margin Loan service to its platform.
In order to cover 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 tokens called EXMO Coin (EXO).
The EXMO platform has been operating since 2013, and it is a cryptocurrency trading destination for over 800,000 registered users from all around the world. The EXMO Exchange has showcased fast growth over the years of its existence and an increased year-on-year performance (2017 has seen a 188% surge in our clients’ base).
Key facts about the crowdsale:
1. Investors, or EXO token holders, will receive 50% of the revenue derived from margin loans distributed among them in the form of dividends on a monthly basis. The said revenue is to be received from the turnover of funds raised in the course of the crowdsale. Dividends on EXO tokens are to be distributed among their holders based on the number of tokens owned. In the meantime, EXMO Coins must be kept in the EXMO exchange system.
2. The key objective behind the crowdsale is the speedy development of the EXMO exchange platform;
3. EXO tokens will be issued by an operating, already profitable business (unlike the majority of other ICO projects), which tends to be a great advantage for both the exchange platform and the token holders;
4. By investing in the EXMO exchange development, the token holders receive EXMO Coins, and their value will further correlate with other currency exchange rates on the EXMO exchange platform;
5. 95% of funds raised during the crowdsale will be directed into the growth of financial indicators of the Exchange;
6. Upon reaching the amount of $250–$300 million in raised investment, the Exchange will aim at acquiring its competitors (M&A). This will be done with a view to increasing the capitalisation and scalability in the new markets. Following this strategy, EXMO Coin will be listed on several exchanges simultaneously, which will increase the profit from margin lending (under the condition that the acquired companies will offer margin loans).
7. EXMO guarantees the EXO token buyout.
8. Following the crowdsale, EXO token will be listed on the EXMO Exchange and traded in currency pairs such as EXO/BTC, EXO/ETH.
Competitive advantages of the EXMO Exchange
Margin loan service will increase the popularity of the EXMO Exchange, and as a result, the trading revenue will also increase.
Statistically, only 25% of Silicon Valley startups succeeded in the past 6 years. Given the fact that they tend to be developing their projects “from scratch” and doing so in the best possible place on Earth for such matters, one might assume that the startup success rate elsewhere might be only about 10%. But investing in the already existing product and a successful business has much fewer risks for investors.
EXMO is a universal investment transaction platform that allows its users to trade with each other using various cryptocurrencies, as well as fiat money. The EXMO business model is built to enable users to easily buy, sell or exchange cryptocurrencies without intermediaries.
The EXMO Competitors Offering Margin Loan Service
EXMO, as an active cryptocurrency trading market participant, has a number of competitors, namely the leaders of the cryptocurrency exchange market with significant trading volumes and the extensive number of traders.
That being said, we have a solid plan for our further development, and we know how to become the market leader within the next five years.
What differentiates EXMO among others?
- Offering margin loans in fiat currencies;
- Having over 4 years of cryptocurrency trading experience;
- Providing an easy access to the loan service;
- Being the leader in the ECA markets;
- Providing cashback from fees, based on the trading volume;
- Offering Ex-code service.
The Growth and Development Outlook
There are dozens of ICOs showing up every day. Various sources are trying to evaluate all the possible associated risks and opportunities using a variety of methods and techniques. All in all, plenty of projects that get financed through ICOs never grow up to see the implementation of the initial plans outlined in their White Papers. Hence, investors should always consider all the risks related to the development of the projects that they are investing in.
One of the key features of EXO (EXMO Coin) token is its correlation to the EXMO Exchange operation. The project is constantly developing and adding new services to the existing ones on the platform. Thereby, there are much fewer risks associated with investing in EXMO project. The existing active profitable exchange is a guarantee of the project’s stable development.
The EXMO Coin (EXO) tokens distributed among investors during the crowdsale will be profitable. EXO entitles its holder to receive a part of the company’s profit from margin loans. Investors, or EXO token holders, will receive 50% of the revenue derived from margin loans distributed among them in the form of dividends on a monthly basis. The said revenue is to be received from the turnover of funds raised in the course of the crowdsale. Dividends on EXO tokens are to be distributed among their holders based on the number of tokens owned.
The funds raised for EXMO’s development will be used to contribute to the trading growth, and boosting the company’s reputation in the cryptocurrency market:
1. Margin loans: supporting the fund for giving out loans.
2. The business geography expansion: opening new offices, participating in international events.
3. Various licenses obtained for strengthening the business’s legal structure.
4. Technical developments: implementing new services, tools, new trading pairs, and analytics systems.
5. Marketing: promotional activities for platform popularisation, and increasing the traders’ base all over the world.
6. Education: the creation of trading school on the platform
The Crowdsale Timeline
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 sale will last until March 26, 2018.Learn more about the EXMO token sale and EXMO on its official website,Facebook, Twitter and Telegram chat.