LINIX IEO to Last 5 Seconds

In just few seconds after the start of IEO at ProBit, investors bought out all LINIX project tokens (2,625,000 LNX) at a price of $ 0.02
18 March 2019   570

The ProBit exchange a lightning-fast initial exchange offer (IEO) of the LINIX project.

In just five seconds after the start of IEO, investors bought out all LINIX project tokens (2,625,000 LNX) at a price of $ 0.02. After that, the South Korean stock exchange announced the second stage of a tokensail, during which the organizers planned to sell 5,500,000 LNX at the same price. Cryptocurrencies Bitcoin, Ethereum, XRP, Steablcoin USDT and ProBit (PROB) exchange token are accepted.

It is noteworthy that the ICOs have been banned in South Korea since 2017. Thus, local exchanges view IEO as a kind of alternative to familiar tokensales, allowing to bypass regulatory restrictions.

Note that the most popular IEO platform today is the Binance Launchpad. Next IEO at Binance Launchpad will be Celer Network.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   1170

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”