Initial Exchange Offerings have been gaining massive traction as a new development for regulated coin offerings. There have been a number of incredibly successful IEO’s over the past few months, IDAX is thrilled to announce that we will be the first exchange to offer TuneTrade’s TXT token to the larger cryptocurrency ecosystem.
Users who pass our KYC/AML qualifications will be eligible to participate in TuneTrade’s IEO offering with a 20% bonus the first day for only one hour.
It’s important to note that TXT tokens were never sold in a traditional ICO and that the large majority of the circulating supply is locked until 2020.
TuneTrade empowers personal brands. By providing a digital arsenal of creative tools, our platform allows individuals to tokenize their image and empower their community in an entirely new way. As blockchain-based systems continue to improve, TuneTrade aims to become the onramp to viral marketing. As such, we aim to provide creators with everything they need to make their brand a long-term success. The TuneTrade prototype is currently live on https://tunetrade.io/ with over 87,000 Telegram members and counting.
In order to capture the full value of our vision, TuneTrade has created an ERC20 utility token, TXT, for the issuance and maintenance of all community tokens. As our product continues to evolve, TXT will always serve two major functions on the platform:
- TXT must be purchased and burned when a new token is created.
- TXT will serve as the base trading pair for all tokens in existence.
Outside of these primary functions, TXT tokens will also be used as a means to receive discounts and purchase services including but not limited to premium listings, advertising blocks, streamlined verification and consultations.
Total Supply: 500,000,000 TXT.
Circulating Supply: 200,000,000 TXT
Community Pool – 275,000,000 TXT
Employee Options Pool* – 75,000,000 TXT
Reward Programs – 50,000,000 TXT
Private supporters* – 50,000,000 TXT
Key Partners* – 25,000,000 TXT
Founders* – 25,000,000 TXT
Start Date: April 29th, 10:18-11:18A.M. UTC+8
End Date: April 30th 10:18-12:18 P.M. UTC +8
Available For Sale – 35,000,000 TXT (7% of total supply. Issued from “Community Pool”)
Conversion Rate: 1 ETH = 4425 TXT
Bonus: 20% for the first hour.
Hard Cap: $1,200,000 USD
Distribution: upon purchase
For more information on the project and our core team, please follow our social media channels. TuneTrade is gearing up for a huge year and is very excited to have you as a part of our ever growing community.