ACTN Token Distribution About to Close

The users have last chance to get their 1000 free ACTN tokens as the token distribution for registration closes on March 1, 2018
21 February 2018   682

The Action Coin Platform represents over 500,000 Action collectors and customers from more than 200 countries and territories. It is the basis of an incentive-driven rewards program with “points” that are rewarded in the form of a decentralized, blockchain-based digital asset known as Action. Action may be redeemed for member-only discounts on a growing list of products and services offered through its business network.

ActionCoin has announced that the users who sign up are entitled to receive 1,000 FREE ACTION during the official token distribution event (Airdrop) scheduled to commence on March 1, 2018.

The two first phases of ACTN token pre-sale are already finished, and the third one will be held from February 21 to 25, with 250,000,000 Action tokens to be sold for $0.02 USD each.

BTC, ETH, XRP, XLM, LTC, NXT are accepted during the presale. The current market rate will be locked in at the beginning of each presale phase, for the entire phase.

Bithumb to Issue Own Token

Token will be issued through the ICO, which will be held in Singapore
20 April 2018   113

One of the largest exchanges of South Korea, Bithumb plans to release its own token called Bithumb Coin. This is reported by the Cointelegraph.

According to his information, the token will be distributed through the ICO, which will be held in Singapore. Bithumb can not conduct a crowdsfunding campaign in Korea, because legislators banned such activities there last year.

We know that the Bithumb coin is underway at a local subsidiary acquired by Bithumb’s subsidiary. Details such as the specific schedule and issue size have not been confirmed.
 

Bithumb Spokesman

Bithumb is not the first exchange that decided to launch its own token. In early 2018, the Huobi exchange announced the release of Huobi Token. Before it on a similar path decided to choose Binance and Kucoin.

As the experience of some projects, which Bithumb has now decided to join, the ban on ICO in South Korea did not give the desired results. Startups simply conduct their ICO in foreign jurisdictions, which is not a violation of the law. Previously, ICO conducted a Korean start-up ICON (ICX), officially distributed its tokens through Switzerland.