If you missed the previous opportunity, this is your chance,the Block X IEO Round 2 is now live and ready
This is one of the last chances that our community will have to own the token before the imminent listing on exchanges, as you know, the price will organically rise after this event. Get ready and be part of this amazing project!
IEO
An initial exchange offering (IEO) is a way for start-up companies to raise capital by selling utility tokens which confer preferred status with the company through a cryptocurrency exchange platform. In short, crypto exchanges help to oversee the token sale by making sure the project vetting process is scrutinized. The IEO originated in January 2019 when Binance Launchpad launched the BitTorrent Token (BTT). The initial offering sold out within 15 minutes of release, raising funds of more than $7.1 million. This method of sales has gained popularity mainly because it’s easy to participate in. Instead of processing on-chain transactions across multiple blockchains and wallets, the IEO offers a solution for users to assess the reliability of a project and to participate in funds exchange all under one roof. At the same time, project developers get immediate exposure to the crypto exchange’s user base without needing to fork out millions of dollars to formulate and execute their marketing strategies. Thus the IEO is a win-win for both users and developers.
How Does an Initial Exchange Offering Work?
An IEO is used by start-up companies to obtain crowdfunding for their enterprises. These companies raise funds by working directly with a cryptocurrency trading platform to commence a token sale to interested investors. The key highlight of IEO is the exchange platforms will carry out their due diligence to perform a profusion of assessments before the sales.
Initial exchange offerings are typically far more beneficial than ICOs for all parties involved:
Project initiators can benefit from the marketing expertise and vetting provided by the cryptocurrency exchange for an IEO. This can help them to reach potential investors much more easily, and boost the chances for legitimate projects to obtain the necessary funding.
Most investors prefer to purchase IEO tokens over ICO tokens, thanks to the significant amount of investigation and examination these offerings receive before they’re presented to the public. This reduces undue risk and makes IEO investments more attractive for investors.
Cryptocurrency exchanges who offer IEOs can often attract new traders and increase buzz for their platforms, which can add up to increased profitability and traffic for their companies.
P2PB2B
The P2PB2B crypto exchange is a high-level trading platform, which operates good exchange procedures for its clients. To secure reliable and authenticated trades, the platform has all the features that benefit clients. The cryptocurrency exchange runs token sales in the event of encouraging crypto assets. It enables people to fund new coins. P2PB2B employs only high-scale trading activities. The company’s speed can handle 10,000 exchanges per second. P2PB2B trading platform can scale up to bonds of 1,000,000 TCP. The exchange’s KYC verified identification mandates have a lucrative offering by integrating with AI-established functionalities that raise the momentum of the security compliances. Additionally, the live support by the platform is an added leverage point for users.
The BlockX investor community has risen into the “thousand-fold” following the completion of the round. Digital security tokens are our way of increasing global investment opportunities, and, once again, it is our utmost pleasure to announce the third and final round of our public token sale offering on P2PB2B.
With the features offered by BlockX, it enable users to make transactions faster than similar technologies. The speed offered by BlockX, allows users to make transactions faster and more frequently.
RESOURCES
Website https://www.blockxnet.com/
Whitepaper https://go.blockxnet.com/blockx-whitepaper
PitchDeck https://drive.google.com/file/d/1KzOF75Ngbpa6Io-rQ4o-v5L-iRibzkPJ/view
https://www.facebook.com/blockxnet
https://medium.com/blockxnet
https://www.reddit.com/r/BlockX/
https://discord.com/invite/b4GZURPMYw
https://www.youtube.com/channel/UC3nTqoe7ZKPoM02HgAkrR5w
https://www.linkedin.com/company/blockxnetwork/
https://t.me/blockxnetwork
https://twitter.com/BlockXnet
Proof of Authentication
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