NOWToken (Why we plan to migrate NOW tokens to EOS)

in nowtoken •  6 years ago 

INTRODUCTION

NOWToken is an exchange in the crypto space, the most popular one people are familiar with is the centralized exchange but there are many other types of exchange in the crypto space.
This platform is a transparent market place that allows for instant swapping of coin within some specific time frame. The major objectives of this project is to develop a secure and easy to use product based on private blockchain.
On June 2, EOS completed the ICO, closing the last 350th round of token sale. In total, 900 million coins out of 1 billion were sold (100 million EOS remains in the hands of the developers). This placement was one of the longest in history (341 days) and the largest one: the project managed to collect unprecedented $ 4 billion. At the same time, the developers of the cryptocurrency published the first release-version of the blockchain software — EOS.IO 1.0. This was reported in the official blog of the company. The open source software is available on GitHub.

Why do we believe in EOS Blockchain

Ratified Constitution

The Constitution regulates the EOS block producers per each transaction in the network through peer-to-peer end user license agreement. The Constitution sets out a transparent framework for dispute resolution, force majeure and creates a common default arbitration system for all users worldwide.

Self-sufficiency and evolution

The EOS block-scheme is completely self-contained, self-supporting, a distributed network with all the management along the chain. It does not rely on any Fund, Corporation or person.

Slow predictable creation of new tokens (no more than 5% per year) is distributed by the community through selected smart contracts to finance the operation and growth of the network.

TYPES OF CRYPTOCURRENCY EXCHANGE

Basically there are two types of cryptocurrency exchange it can be centralized or decentralized exchange based on it's categories.

THE CENTRALIZED EXCHANGE

For most digital currency investors, the centralized cryptocurrency exchange is one of the most important vehicle for transacting. Centralized exchange are online platforms used to buy and sell cryptocurrencies. They are the most common means that investors used to buy and sell cryptocurrency holdings.
Some investors may find the concept of centralized exchange to be some what misleading as digital currencies themselves are often billed as decentralized.

A DECENTRALIZED EXCHANGE

Decentralized exchange offers its user a platform to trade on. A decentralized exchange varries from the other traditional exchange because it does not store private keys for users on a central server. Bearing this in mind it reduces it susceptibility of it being hack.
With the both exchange listed above there are also other various exchange platform such as P2P ( peer to peer) exchange. The P2P exchange peer buyers and sellers together using escrow service.

NOWToken on EOS Network

The EOS Network is a large and diverse chain community
EOS is built on the basis of the Community of delegated evidence (DPOS). These communities are managed by the largest companies in the blockchain eco system eg steemit, bitshare etc, With billions of dollars on market capitalization and more network activities than bitcoin and ethereum combined. It is on the forefront of the blockchain industry.

Change Now: It believes in the prospects and future of the EOS Network. Change Now is launching its own cryptocurrency called NOWToken. NOWToken is the first token to be launch on EOS.

NOWToken is the default currency o the platform, other cryptocurrency will use NOWToken to be listed on our exchange. And also it will be the payment for promotional services and more. The token will be available on the exchange starting from August 2018. The price for pre-sale will be $0.2 per token. You can also get the token via airdrop or bounty pragrams.

TOKEN ALLOCATION

![0_LBckO3UrtVLKJyOT.png]
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For more information
Website: http://www.Changenow.io
Telegram: https://t.me/NOWtoken_Bounty
Twitter: https://changenow.io/bounty/twitter
Facebook: https://changenow.io/bounty/facebook

Article written by Ukpah Charles Patrick

Bitcointalk username: cpat2121

Eth Address: 0x85099Bf98841F896E2bf805d58620514c10BdF3C

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https://medium.com/@changenow_io/why-we-plan-to-migrate-now-tokens-to-eos-c036637ba1e1