STeX ICO Main Event and Explanation of STeX Cryptocurrency ICO exchange
STeX ICO Main Event:-
STeX exchange is a place where numerous crypto currency coins can be exchanged without you being in trouble. Moreover you would be happy to know that this STeX crypto currency exchange is also the first publicly owned crypto exchange platform.
Thus giving new meaning and style format to the way crypto currency exchanges work. There are many similar things that make STeX an easier way out to solving problem of exchanging cryptic currencies.
Cryptocurrencies and ICOs : -
Crypto currencies and ICOs have a huge link and they together form reasons for turning these crypto currencies in to what they are today. In simple words, crypto currencies or cryptocurrencies are currencies that are also known as digital assets.
While on the other hand ICOs are nothing but they are abbreviation for Initial Coin Offering. Further, people have switched to initial coin offering because it is a way through which you get funds. Generally these funds are used to help start - up companies set up their businesses. The main purpose of people shifting to ICO or initial coin offering is that they do not have to go through the usual process of fund raising for their projects.
This in turn means that you do not wait too long for your project to begin or for the returns to reach you. Let us now understand as to how will STeX ICO tokens work and what is use of Smart Token Exchange ICOs.
STeX ICO Tokens:-
Some of you may be aware of the fact that ICO is the acronym of Initial Coin Offering and new ICO structure is a way through which you have best opportunities right from its inception. You also remember some more important points here and these are - that the main ICO event of STeX will be held for two hours while price of STE will be 0. 002 ETH.
In other words this main event of STeX ICO begins when publication on STeX exchange completes. To help you further you can see that there is count down timer and this timer is only on the main page of the STeX ICO tokens exchange. For first two hours of main ICO event one STE token is equal to 0. 002 ETH only.
Distribution of tokens:-
Another set of points that you have to make a note of is that transactions which have been confirmed in this two - hour period will have all STE tokens. Further these tokens are only for STeX ICO main distribution whereas as of now this number is said to be at 35, 000, 000 STE tokens. So till the time this amount is reached there is no limitation but once these number of tokens reach then you will see that limitations appear.
STeX ICO blind auctions details:-
There is also another aspect to STeX ICO tokens and this happens to be blind auctions according to which there will be a separate blind auction. These blind auctions will be held every 24 hours but it will be post main ICO event. Some rules surround these blind auctions according to which every auction sees highest price offers.
Example for this rule can be that like follows - 40 % highest price offers will have user - defined prices. Rules regarding these blind auctions will be discussed in the next article and it is better that you have a look at those rules as well. It is so because you would not face any problem with understanding of the things related to Smart Token Exchange or STeX Initial Coin Offering main event.
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