The Blockchain.io BCIO Token Sale Completed: Blockchain.io Trading Platform Launched this month, November 2018 and BCIO tokens will start trading on the platform starting December 2018 (one month after Trade platform launch).
Below is the outcome of the Blockchain.io token sale that ended on October 25th 2018.
The Blockchain.io team is geared towards fulfilling the expectations from investors/token purchase contributors have of them by delivering their trading platform (the exchange and features) as promised.
Overall, it cost Blockchain.io (BCIO) $3.8 million to fund the development of the BCIO exchange/trading platform. Of the $3.8 million, $1.5 million were collected during the crowdsale exclusively in BTC and ETH. 2.5 million BCIO tokens were sold to 882 contributors. Crowdsale tokens that were not sold will be burned to protect the BCIO token value and ensure contributions remain valuable.
From the $3.8 million, Paymium, the parent company committed $2.3 million from its own treasury to enhance the research and development of Blockchain.io’s exchange/trading platform. The $2.3 million provided does not involve the exchange of any BCIO tokens as the funds committed were separate and distinct from the crowdsale raise.
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BCIO Token Sale Completed: Blockchain.io Trading Platform Launched -BCIO Tokens for the Contributors
BCIO, Blockchain.io native utility token, has been designed to facilitate a smooth and secure trading experience for all the users (and contributors). BCIO token holders will gain access to exclusive platform services and discounts, as well as other notable perks and rewards further down the line.
BCIO Token Sale Completed: Blockchain.io Trading Platform Launched -The way forward
With the crowdsale now over, Blockchain.io will have to continue executing and delivering on Blockchain.io’s promised platform features and future roadmap!
Below are the milestones BCIO is committed to within the coming weeks and months ahead:
- In November 2018, BCIO exchange will be launched and made available to the public. As you can imagine, a lot of work goes behind creating a platform that is designed to provide you with the best possible trading experience. With that in mind, we are confident in meeting our intended deadline and in delivering a high-quality trading experience for all of our users.
- At the launch of our exchange, 5 coins will be available for trading under 4 separate trading pairs as follows: ETH/BTC, BCH/BTC, XRP/BTC, and LTC/BTC.
- In December 2018, BCIO tokens will be distributed and made available for trading on the BCIO/BTC trading pair on Blockchain.io.
- We will roll out one of our most anticipated features, Decentralized Settlement, by Q2 2019.
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