MultiVAC IEO Ended in 7 Seconds

MultiVAC team was able to raise $3 600 000, selling the 600 000 000 MTV tokens
04 April 2019   456

The initial exchange offering of the MultiVAC cryptocurrency project was performed at the KuCoin Spotlight platform. The campaign lasted seven seconds, while 1661 users from 59 countries were able to take part in the campaign.

In total, the project has released 10 billion MTV tokens, of which 600 million coins have been allocated for sale on the Spotlight. The price of 1 MTV was $ 0.006, therefore the maximum fundraising goal was $ 3.6 million.

Only holders of the KCS, internal exchange's token could take part in the campaign; the maximum possible amount of investment was 1902 KCS.

Earlier, Kucoin reported that in the future, IEO projects on the KuCoin Spotligh platform will be conducted in a lottery format, similar to how Binance had previously done it.

Bibox Exchange to Conduct 4 IEO Simultaneously

The allocation of tokens will be perfomed in the order of the lottery among holders of BIX tokens and the IEO to be perfomed at Bibox's Orbit platform
19 April 2019   99

Bibox cryptocurrency exchange presented four projects that will conduct the initial exchange offering of their tokens as part of the first wave of IEO on April 22 on the Bibox Orbit platform.

  1. The Force Protocol (FOR) is a distributed protocol of crypto-financial services based on a public blockchain system, providing opportunities for cross-platform asset transaction and communication, use of crypto assets from several blockchains to provide steybcocoins, issue tokenized bonds, etc.
  2. Ludos (LUD) is a solution for a distributed gaming ecosystem designed to bring large-scale blockchain games and economic incentives to life.
  3. Staking (SKR) is a decentralized asset management platform that allows investors to safely stack tokens.
  4. X-Block (IX) is a computing system based on the blockchain architecture.

The allocation of tokens will be perfomed in the order of the lottery among holders of BIX tokens. Potential investors will be able to declare how many tokens of a project they want to purchase based on their BIX, after which a separate rally will be held for each of the projects.