You can now buy Bcnex tokens.Bcnex is a full-service ecosystem for the purchase, exchange and trading of blockchain based tokens and a wide range of digital assets. It is a customer-centric, highly secure and stable trading platform built on microservices architecture that meets the most stringent customer requirements.
To help you understand Bcnex's ICO program. In this article, I will introduce you to the information about Bcnex's ICO program.
Fundraising and the use Of Bcnex tokens will help finance platform development and marketing, so they can focus on simplifying cryptocurrency trading and making it mainstream. Our goal is to create a blockchain-based exchange that is accessible and affordable for all users for leveraging the benefits Of crypto trading.
They will be releasing our own token called the Bcnex Token, symbolized as BCNX. Total supply Of BCNX coins will be capped at 200,000,000 and new coins won't be released in the future. BCNX is an ERC223 standard token released on the Ethereum blockchain.
BCNX coins will be used to pay any fees on Our platform, including settling the following basic charges:
Fees applied to BCNX
When using BCNX to pay fees, users will receive a substantial discount compared with
payments made with other coins:
Each quarter, they will use 20% of our profits to buy BCNX tokens and proceed to burn them, until They buy back 50% of the total amount of BCNX, which is 100 million (one hundred million). All acquisition transactions will be announced on the blockchain. They will continue to burn BCNX until there are only 100,000,000 BCNX on the market.
BCNX tokens will be allocated as follows:
50% (100,000,000) of tokens will be for public sale
38% (76,000,000) will be allocated to Bcnex team members and advisors
5% (10,000,000) will be sold to angel investors
2% (4,000,000) will be used for bounty program and incentives
5% (10,000,000) will be reserved for future use
Tokens allocated to the development team will be vested for 4 years, at 25% per year.
Initial release: 25% (19,000,000)
After 1 year: 25% (19,000,000)
After 2 years: 25% (19,000,000)
After 3 years: 25% (19,000,000)
In the case Of not being able to sell all the tokens, the remaining tokens will be destroyed.
ICO road map
The milestones are calculated according to Vietnam's standard time zone (GMT +7).
20 November 2018: Officially launching the Bcnex project and selling 10,000,000 BCNX to angel investors; angel investors receive a 10% stake of the company.
25 November 2018: Announcing Bcnex's ICO plan and making the white paper available to the
02 December 2018: Announcing Bcnex's ICO plan and making the white paper available to the public
05 November 2018: Selling tokens to angel investors—Angel Funding Round
03 May 2019: ICO starting
27 June 2019: ICO ending as soon as all BCNX tokens are sold out or the hard cap of $30 million is reached, whichever comes first
July of 2019: Bcnex.net v1.0 launching, starting to accept transaction!
Angel Funding Round: They will Start selling officially on 5 December 2019. The total supply of the BCNX tokens is 10,000,000 at the price of $0.1/BCNX and does not change until sold out.
There will be a minimum order Of $5,000 for angel investors and there will be no limit to the amount or number of orders placed.
The ICO is expected to commence in May 201 9, investors can buy BCNX in four periods, first come first served, until the sale reaches a hard cap of or $30,000,000 or 100,000,000 BCNX tokens are sold out. At later stages, prices will increase compared with previous periods.
40% of the money will be used to build the platform for Bcnex and upgrade the system, including recruiting talents, training staff, operating budgets, and development.
40% will be used for branding and marketing for Bcnex, promotional campaigns, and introducing Bcnex as a breakthrough solution in the blockchain industry. This will popularize Bcnex among new investors and attract users to the platform.
10% will be used for legal, confidential, and auditing purposes.
10% will be used as a reserve fund to cope with any emergency or unexpected situations.
Above is all information about ICO of BCNEX project. If you are interested, you can consider and make investment decisions for yourself. Currently, in addition to the ongoing ICO program, Bcnex is also implementing many interesting programs and you can participate. If you have any questions about this article please leave your comment below this article. And don't forget to subscribe to my channel to get information about projects related to cryptocurrency.
To find information about this project you can visit the links below:
Web ANN: https://bitcointalk.org/index.php?topic=5111223.0