THE PROB TOKENS AND ITS NUMEROUS BENEFITS

in #exchange6 years ago (edited)

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A crypto exchange often needs its own token to help in finances during the exchange building and launch, for this reason the exchange sells its own tokens through the popular initial coin offering and builds the exchange to the best of its capability. This is the same scenario with the probit exchange as it has its own native token known as the prob token. The Prob token was created to serve as a fund raiser as well as a utility token for the probit exchange platform. The prob token is a utility token which means it is used to perform certain tasks on the probit exchange, and without it those tasks can not be completely carried out. There are also several benefits of being an owner of the prob token and this benefits will be stated in this article .But first ,let us have a look at the characteristics of of the probit token

PROB TOKEN DETAILS

· The Prob token has a total supply of 200,000,00 prob tokens, this number of tokens will never be exceeded at any point in the project.

· The Prob token is an erc20 based token which is to say that it was created on the widely adopted ethereum blockchain network. The benefits of leveraging on such a widely used blockchain is the fact that listing on other exchanges will be easy and swift. Also losts of people are already conversant with the ethereum wallet and how it Is operated. The main essence is it makes the whole process easier

· On the 11th -12th of December 2018 the main sale phase of the probit ico will be carried out . Only 20,000,000 Prob tokens are available for ico sales

· 100,000,000 prob tokens are reserved for the mining phase, the project also has a buy back clause which will be to buy back mined tokens from the exchange platform

· The team will hold 40,000,000 prob tokens which will be locked up for some time

BENEFITS OF BEING A PROB HOLDER

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The Probit exchange has lots of love for their token holders and have added several benefits to being a holder of the probit to

  • From time to time holders of prob tokens receive other tokens in form of airdrop just for holding the desired amount of prob token

  • The prob token are used in payments such as exchange listings

  • Trading fee on the prob token has very huge discounts attached to it

  • When you hold prob tokens you receive higher referral bonuses

  • Some added features on new listings n that are only for probit holders

The Probit token underwent several phases in the sale of their tokens which included the pre sale , private sale and the main sale. The pre sale and the Private sale was a great success and we are currently waiting for the the main sale that has been slated to occur between the 11th of December to the 12th of December . Note it is just one day(24 hours), so you have to be really prepared , as after that date you will never be able to get the prob tokens at the current price of 0.2$ .

DISTRIBUTION OF ICO FUNDS

Funds that the project during pre sale and the private sale will be distributed in various phases

  • 15% of the tokens will be used in operations such as security payments trainings and other unknown expenses in the course of the project
  • 10% of the funds generated will be used in funding for legal fees so as to ensure probit meets the legal requirements
  • 35% of the funds will be spent on developing the probit exchange platform .
  • 40% of the funds raised will be spent on marketing and promotions for the probit.
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