At 12:00P.M., ABCC Exchange started Trade-to-Mine mechanism to issue platform token AT. The first 72 hours are limited to 2,000 Genesis Miners who registered in advance. In the first block, ABCC transaction volume hit a new record and the 6-hour transaction volume exceeded $288 million.
Based on the calculation of the first block, the return of an AT on Day 1 will reach $180million. Although AT trading is not available for the time being, analysts have given three valuations of 0.5 times, 1.0 time and 2.0 times based on the 210 million total supply.
If the trading volume is stable, the transaction valuation of AT after 2 to 3 weeks is estimated to be between $5.06 and $11.2. Benchmarked with competitor platform tokens, AT could be even as high as $20.
If AT price develops as expected when it is open for trading, Genesis Miners’ benefits will reach 20.47% on the very first day compared to AT mining cost. This does not include a proportional rewards of 80% of the trading fees to users’ AT holding. If calculated accumulatively, the yield may be as high as 120% after 18 days.
It is believed that AT will be popular among investors in a short term and quickly generates great profits largely due to its unique Trade-to-Mine mechanism combined with the logic behind Bitcoin mining model.
First of all, the difficulty of mining doubles every 120 days. As a result, the value of AT expects to increase from the upper line through the rising cost of mining. And the rewards for early users are far higher than that of the platform where transaction fees are returned to users in platform tokens.
Secondly, a daily release of 875,000 AT in the early stage followed by a periodically declining model stabilizes the return of token. It also increases investors’ confidence for it can be predicted and calculated.
Finally, ABCC Exchange has been operated stably for three months with 58 trading pairs listed. To investors, the long-term investing value to the platform is also guaranteed.
Trade-to-Mine will be open to all user after 12P.M. 12th July (UTC+8) according to the previous announcement. All users are welcome to participate.
Register your ABCC account now and become the first miners when it is completely open. Meanwhile, you can earn AT without mining by simply inviting your friends to register and trade.