We came up with the very idea of launching the Tokeneo project at the beginning of 2018, when we were beginning to raise capital for the purposes of the open cryptocurrency fund Cryptoinvestia. In the course of working on the investment basket at one point we had no option but to select the appropriate assets with low risk and high potential of adoption and yield. Currently only a few projects can offer to their investors more than a sheer promise of the peaking exchange rate in the future.
Aiming at protecting in the bestpossible manner the interests of the individuals wishing to entrust their capital to us, we have decided to allocate some part of the accumulated funds for the construction of a trading platform whose shareholders would participate in the distribution of profits generated by it.
It is common knowledge that irrespective of the current trends dominating in the cryptocurrency markets, their exchange markets keep taking pride in increasingly higher gains and the turnover in the token markets is constantly on the increase. Seeing the market gap, we adopted a decision to develop the Tokeneo platform — a cryptocurrency exchange that pays outs regular dividends to its investors, the holders of TEO tokens. A detailed description and the main objectives of this project are to be found in this document.
Hey there, are you interested in Crypto Currency exchange? Yes, then here is a review article on ‘Tokeneo’.
Tokeneo is a crypto-currency exchange whose investors are rewarded with 50% of the income, paid out daily. Tokeneo community owns 90% of the Ethereum-based TEO tokens. Their investors participate in Exchange’s development. It is common knowledge that irrespective of the current trends dominating in the cryptocurrency markets, their exchange markets keep taking pride in increasingly higher gains and the turnover in the token markets is constantly on the increase.
What Is TOKENEO?
The underlying idea behind Tokeneo is creating a cryptocurrency trading platform, where everyone could participate on an equal footing in its development, influence its shape and fully contribute to its success on a partner basis that so far have been typical for the reality of big business. They decided that the solutions applied on the market are excessively superficial and insufficient to achieve this objective, that is why they have developed their own model in accordance with which investors by way of them participation in the public offering would gain substantial power over the developed project and they would be attached to it for a longer period and not only for speculative purposes. Tokeneo aims at being the very first exchange which you can really own.
The planned sales of Tokeneo tokens is supposed to serve as the means to achieving the state in which the project success will translate in a tangible manner into the results generated by their assets — Tokeneo tokens — and, therefore, a satisfactory return rate for their investors. Bitcoin will, at an early stage, serve as the main settlement currency for their entire ecosystem, hence the alternative currency markets will operate in pairs to Bitcoin. They cannot exclude that other cryptocurrency markets will also, be opened once it becomes justified in the trading volume and adoption of the individual tokens. At present many platforms beside the Bitcoin markets offer also, the markets like, for example, Ethereum, perfect for the valuation of the projects developed in this network. They are ready for the implementation of such solution as a part of Tokeneo as soon as it is possible.
The Bounty Campaign of Tokeneo ICO
TOKENEO Token
The Tokeneo TEO token sold during their ICO will be based on the ERC-20 protocol, that is it will be compliant with the principles and guidelines for the digital asset generation in the Ethereum network. The tokens will be generated under the contract operating in the base network. The total supply of TEO token is 100’000’000 items (one hundred million) and this number will not change with time. The TEO tokens sold during the fundraising will be the only ones ever to be purchased. After the completion of the ICO, the backers of their project will be able to repurchase the tokens only from the persons who had purchased them originally during the initial offer. This will be possible in the free exchange market such as, among others, the Tokeneo exchange.
TOKENEO TOKEN MECHANICS
The holders of Tokeneo token will participate in the distribution of profits generated by their trading platform in accordance with the principles specified in this document. In the previous paragraphs they described the projected and possible income sources of the Tokeneo exchange. The person purchasing tokens in the ICO can count on the shares proportionate to their own involvement in the project expressed by the number of the Tokeneo tokens they hold. The income will be distributed on a cyclical basis and paid out directly into the internal wallets of the exchange participants to avoid generating any additional costs in the form of transaction fees in the parent networks of the collected tokens.
Tokenomics
ALLOCATION AND DISTRIBUTION OF TOKENS
TWO-STAGE FUNDRAISING
The sales of Tokeneo tokens has been planned as two-stage fundraising. The first stage consisted in the so called pre-ICO, which took place between 1st April 2018 and 1st May 2018. That part was closed, and it was addressed only and exclusively to the strategic investors wishing to support us in their efforts at the early stage of the platform development.
Funds Allocation
26% — Maintaining desired liquidity level on Tokeneo markets
21% — Team members
18% — Research, development, complementary services
17% — Marketing, advertising, customer acquisition
15% — Reserve pool for liquidity
3% — Code auditing, security, platform monitoring
Why Tokeneo
TRADITIONAL MARKETS
In the last decade a high level of uncertainty was to be seen in the traditional financial markets. Even though it has been already 10 years since the crisis in 2008, many indices still have not been able to make up for the losses incurred at that time. The yield on treasury bonds has been gradually declining year on year, frequently below the inflation ratio thus making them completely cost-ineffective. Committing yourself to such type of investment for 10 or more years has ceased to be financially viable whatsoever. Many investors, discouraged by the bleak prospects of profits to be generated in the traditional markets, started searching for brand new investment opportunities. The alternative nature of digital currencies and the fact that they do not remain directly correlated with any other available assets have contributed to the fact that they are witnessing an unprecedented flow of capital to the markets in question. Many commentators tend to perceive cryptocurrencies as a haven that enables you to wait out the crisis that although significantly delayed, inevitably keeps looming on the horizon. Within the recent years the general perception has changed, and today digital currencies are treated less suspiciously. They are more and more often regarded as an excellent opportunity for creating an alternative for the ailing financial system that keeps failing us on many fronts.
ICO PHENOMENON
It goes without saying that another phenomenon which came into being in the euphoria-driven cryptocurrency markets in 2017 was the spectacular boom of the so called” initial coin offerings”, that is the crowdfunding of new blockchain projects. According to the data available in the website icodata.io, which keeps the statistics associated with ICO, it is possible to discern another upward trend related to cryptocurrencies. ICO as the concept behind the financing of cryptocurrency-based projects are relatively young and its history goes back to 2014. The collections of funds in this manner was particularly enhanced in 2016 and 2017 thanks to the development of the Ethereum network and the possibilities related to smart contracts on this very platform.
Crowdfunding is not a new concept; nevertheless, thanks to the state-of-the-art technologies which made it inexpensive and easily accessible, is it becoming increasingly popular. Due to the existence of the Internet, people are no longer forced to apply for bank financing, and the companies do not must comply with regulatory requirements to obtain funds on national stock exchanges. Cryptocurrencies and ICO enabled everyone to accumulate capital for the development and implementation of their ideas. The direction in which ICOs shall continue to develop was set by the creators of the Ethereum network almost 3 years ago and only some unreasonable governmental regulations are able to make us turn back.
Roadmap
Tokeneo Income Sources
There are two principal sources of income that the Tokeneo exchange investors should know, direct and indirect revenue. The direct income sources will include fees from all the services provided by this exchange to its clients. These direct services include transaction fees, payout fees, charges for listing on the exchange and also FIAT currency conversion costs. Meanwhile, the external revenue will comprise trading bots, nodes and mining, partnerships, paid promotion and other strategic partnerships.
CONCLUSION
After the completion of the ICO, the backers of project will be able to repurchase the tokens only from the persons who had purchased them originally during the initial offer. This will be possible in the free exchange market such as, among others, the Tokeneo exchange.
Massive changes are seen in a world of digital transformation through sharing information and how communication takes place. In a payments world, a peer-to-peer lending world, a remittance world, and a philanthropy world, there must be attempts of digitalizing daily lives aspects. Recently, blockchain is gaining popularity due to the crypto-currency hype. In traction, our vision is to focus on developing an environment where the businesses will be friendly to the common good. Think of a world where non-profitable businesses meet the profitable organizations and work towards a common goal of where everything is mutual and both benefits equally.
See more information:
Website: https://tokeneo.io/
Whitepaper: https://tokeneo.io/tokeneo_whitepaper.pdf
Telegram: https://t.me/tokeneo
ANN thread: https://bitcointalk.org/index.php?topic=4790633.msg43233051#msg43233051
Author:
email: [email protected]
ETH: 0xDBE92A9FFCB94322EA22Bc53BF364d656BC20a76
Congratulations @phamthelong! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOP
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit