The first IEO on the stock exchange EXMO was completed in 99 seconds

The first IEO on the stock exchange EXMO was completed in 99 seconds

Users spent on the new tokens Paytomat $409 thousand. Trading Aldona in pairs with Bitcoin, EOS USDT has begun on 4 April.

1 April 2019, in exchange EXMO passed the first IEO. Tocancel Paytomat project was completed within 99 seconds. Investors bought 85 000 000 new coins in the amount of $409 000, reported by “RBK-Crypto” representative of the site. April 4, the platform will start trading Aldona in pairs with Bitcoin, EOS, and USDT.

“We prematurely closed the first tocancel with Paytomat. This is a sign that the market is gradually recovering from stagnation,” — said General Director of the EXMO Sergey Zhdanov.

During the first IEO exchange users set 870 orders on the website of krautsalat at the same time was in 2013. Minimum purchase is 1 token ($0,0048), the maximum— 2 500 000 ($12 051).

Paytomat is an infrastructure platform for the use of the cryptocurrency in everyday life. The project developers create a solution for payment systems, which will allow them to work with digital money.

Alternative ICO — initial exchange offer (IEO), began to develop in early 2019. This method of financing differs in that it does not project developers looking for investors for new tokens, and the cryptocurrency exchange selects promising teams and promotes their coins among their users.

 

Source https://finecrypto.info

Other news

How To Evaluate If You Really Need an STO

Every week we see more Security Token Offerings announced. Notably, the number of non-blockchain businesses who opt-in for STO is increasing. Be it independent musical promotor like StreetLife International,…

  • 13 May 2019
Priority Token Guide to an STO: Issuance Platform

More and more companies are taking advantage of asset tokenization and raising funds through selling security tokens that represent a stake in their businesses. Security Token Offering, as opposed to the…

  • 02 May 2019
View more update