It has been estimated by a very recent study that over twenty billion United States dollars has been raised through ICOs (Initial Coin Offering) since 2017 till present. This goes a long way to tell how successful crypto projects were in raising funds through ICOs. Recently IEO (initial exchange offering) seem to have become the in thing, IEOs hold their sales directly on exchanges unlike ICOs that proceed to list on exchanges after funds have been raised outside the exchange.
Recently a project that started its development a year ago held its initial exchange offering (IEO) sale on one of the world's leading cryptocurency exchange called Kucoin. The fascinating thing about the sale wasn't just the fact that it got sold out in few seconds, it was the amount of reception it garnered from investors afterwards, seeing as it went almost 10 times up from the IEO price.
Success of the IEO project on the exchanges.
Currently, the exchanges that are implementing IEO very successfully include: Binance LaunchPad, Huobi Prime, Bittrex, Kucoin… has brought IEO projects to grow and reach the Roi 5x, 10x .. That is a very encouraging signal in the current bear market. A testament to this is that at the present time on Kucoin they have successfully implemented IEO on Kucoin Spotlight for TOKOIN project.
The SPOTLIGHT event has taken place in two rounds:
With the first one being dubbed the “Lucky Ticket Admission” that commenced on the 23rd August. The total allocation of tokens for this round equaled 300.000 USD (15.000.000 TOKO).
The second round of Tokoin Spotlight also took place on the 23rd August, with the total allocation of tokens standing at 700.000 USD (35.000.000 TOKO). The participation in the second round, named the “Allocation Mode”, was possible for all users except for winners of the first round.
The SPOTLIGHT was completed within seconds, reaching the hardcap target of $1.000.000.
At the moment, Toko’s growth value is very fast.
The IEO projects of the exchanges have helped the school flourish, the projects grow well. So what are the benefits of trading on this and what the IEO project will be?
With the above Tokoin project, it is now growing and achieving impressive statistics with the Whip at the present time being at 8x, ATH achieves 9x. Having been ranked very high on cryptocurrency and blockchain websites such as Cobak (one of Korea’s most popular crypto community sites), Tokoin is in the Top 1, and on cryptorank.io is currently the Top 1 and there are many. other high rankings.
Tokoin Reaching ATH 9x Upon Trading
Do you also know that Tokoin has achieved the “All Time High” (ATH) garnering 9x its initial price upon trading? Consequent upon the effective finishing of Tokoin SPOTLIGHT; as you already know the TOKO token began exchanging on KuCoin trade; TOKO has just hit its unequalled high at $0.18.
This has been attracting rave reviews from trusted experts in the space. Right now, TOKO is exchanging commendable fashion and price and is not stagnant but on appreciable level.
Now a TOKO token is currently worth $0.16376 which is way above what it was at first when it launched at $0.02 on the Kucoin exchange. The price is steadily increasing per hour lately and as an investor you know the significance of that price movement. The cost of TOKO token has expanded by 23.82% in the span of a little over a days recent evaluation. A cursory look at the latest exchanging one-day volume of TOKO on KuCoin trade as at the time of this write up is over $1,665,833
What Is Next for Tokoin?
In the meantime, Tokoin team has a lot planned for the remainder of 2019, including:
Expansion of local operations to 15 Indonesian tier-one cities;
Launch of Data Reputation Engine, Data Visualization platform and the Partner Suite Platform;
Welcome 50,000 users on Tokoin’s ecosystem.
Expansion to the Vietnamese market and the Philippines
For more information:
Website: https://tokoin.io
Whitepaper: https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=05f5c9d62d22ae24ea82
Telegram Chat: http://t.me/tokoinglobal
Twitter: https://twitter.com/TokoinOfficial
Facebook: https://www.facebook.com/TokoinOfficial
Medium: https://medium.com/@tokoin
Instagram: https://www.instagram.com/tokoinofficial
Linkedin: https://www.linkedin.com/company/tokoinofficial/
Author’s Bitcointalk Username: lmhvn
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2632356
Telegram Username:
