2019 is proving to be a good year for token sales.
While even well-anticipated projects like NASH (NEX) failed to reach their hard cap during their initial coin offering (ICO), initial exchange offerings (IEOs) are proving to sell-out one after the other. In the current rising tide of popularity of IEOs, ProBit is leading the way as it is the only exchange to have hosted token sales for projects on virtually every major blockchain, including STEEM, EOS, and Ethereum. ProBit has even hosted token sales for several new chains.
There is no other IEO platform as robust and versatile as the one offered by ProBit, nor is there any IEO team as experienced as ProBit’s team.
Given that ProBit is one of the most secure cryptocurrency exchanges due to our use of the most advanced wallet security features and our policy to maintain most (95%) funds in the exchange cold wallet, users have an established trust in the platform. This trust is extended to the projects that host a token sale on our IEO platform.
The Benefits of Launching an IEO on ProBit
ProBit’s IEOs are centric to the needs of both the project and the token-buyers. An initial exchange offering must naturally enable a project to successfully raise funds, acquire greater community exposure, and receive long-term support from a meaningful exchange partner; simultaneously, the Crypto community must be given confidence that any listed project holds some underlying value.
Token-buyers receive a secure platform for their purchase and the confidence that the project has been vetted. For a project to be approved for an IEO on ProBit, the team must provide evidence of the intended product’s genuine utility and a display of a meaningful community interaction. Both of these aspects are necessary for the long-term success of a token. Thus, for the best interest of our exchange users, ProBit carries out a due diligence on every IEO candidate.
On the other hand, projects that launch on ProBit are given the rare opportunity to work with a team that has successfully completed sold-out IEOs for projects on several blockchains. Subsequently, ProBit’s team has a deep-rooted grasp of the important actions an IEO must execute to not just maintain, but retain community interest. We carry out joint marketing campaigns alongside the project and even provide the opportunity to have an immediate secondary market, an aspect that is highly desirable by any project’s community.
Additionally, through our experience with past IEOs, we have learned what sort of campaigns can be undertaken to build token demand both during an IEO and after the listing of a token. This organic demand sourced from both a project’s existing community and ProBit’s wide trader community creates the base for the longevity of demand for a token.
ProBit has a rich project portfolio: many token sales have been conducted successfully and many more will initiate soon.
Here’s a snapshot of our upcoming IEOs
Cherry Cube (round2) – 5/30 to 6/7: Cherry Cube aims to tackle the key challenge of bringing cryptocurrencies to mass spending. The project delivers direct channels for Crypto usage at retailers, thereby connecting consumerism with cryptocurrency usage.
Guider (round 2) – 6/1 to 6/11: Guider is an application that provides a decentralized network of local guides to tourists. The project already has a guide base of over 2,000 participants in Russia; project seeks to raise funds to attract a global user base.
Codemy – 5/29 to 6/5: Codemy targets the growing online education market. The platform creates an open educational hub that democratizes access to a wide range of curriculum and courses.
Farm2Kitchen (round 3) – 6/4 to 6/14: Farm2Kitchen leverages blockchain technology to bring transparency to global food supply chains. The project aims to integrate blockchain technology into its existing successful SaaS, which is already being employed by clients.
Smathium – 6/5 to 6/7: Smathium is creating a unique blockchain-enabled loyalty program ecosystem in which brand programs can be aggregated into a single dApp powered by a central utility token.
The product offers businesses a readily available loyalty program which can be easily integrated into their existing operations, while offering reach to a wide consumer market.
MeVu – 6/10 to 6/21: MeVu is a dApp that will allow users to decide their odds in any sports or eSports bet. Additionally, the project greatly lowers the present exorbitant fees in the betting industry.
Tripedia – 5/30 to 6/8: Tripedia targets the growing travel economy by allowing users to build a peer-to-peer travel database built with blockchain-verified reviews and tips. The product adds transparency to the travel industry while allowing knowledgeable travelers to monetize their know-how.
Be sure to keep up with our new IEOS, give-aways, contests, and trading competitions!
- NEMOCoin has been listed and 108,000 NEMO tokens will be shared by ProBit users.
- ProBit has listed Hashgard; a whooping 10,765,550 GARD up for grabs for ours users.
- MagnaChain has been listed and 500,000 MGC tokens will be shared by ProBit users.
We always have something fun going on; keep up with all our events here.
Exclusive Reward for STEEM Users
Sign-up to ProBit with the button below and get rewarded with free STEEM.
Once you’re signed up, head to ProBit’s referral page; each user has a unique referral and this will be used to authenticate whether or not you really signed up.
Post a screenshot of your referral link and you will get 1 STEEM for free! Limited to first 30 people.