Breaking news! The foremost Blockchain community management company, The Collective has launched an Initial Exchange Offering (IEO) in partnership with the Chaincreator cryptocurrency exchange which is billed to go live starting from the 6th of May 2019. This is extremely exciting news as purchases are open to everyone interested in purchasing the Collective CDEX tokens.
I will be talking about the upcoming Collective IEO as well as giving out pertinent details as regards to the token sale in this article.
WHAT IS AN IEO…….AND WHY DOES IT REALLY MATTER
Just as fast as Initial Coin Offerings captured our interest and swept away crowdfunding vehicles prevalent in the traditional financial markets, a bigger storm has hit the Cryptocurrency space and it is called an Initial Exchange Offering.
Token sales are usually organized by projects in a bid to raise needed funds by selling their native tokens to willing investors. Basically, an Initial Exchange Offering is a next-gen form of project financing technique where the project’s tokens are sold off directly on a digital exchange.
One of the reasons why the IEO has appealed to millions of investors is the fact that the purchased digital assets get to be listed upon completion of the token sales as opposed to the ICO alternative where a number of scam projects cart away with millions of investor funds leaving them with no hope of trading their purchased tokens.
Also, IEOs because they are carried out on an already established exchange that the investors already trust, offer an extra layer of security due to the fact that these exchanges rigorously scrutinize the projects thereby effectively cutting down risk to the barest minimum.
THE COLLECTIVE AT A GLANCE
The Collective Ecosystem as explained here https://www.thecollectivegroup.org/ico/WP_Collective.pdf is a multifaceted Blockchain revolution geared towards the professional management of cryptocurrency projects and their communities not just for the overall success of the individual project but for a healthier and stronger cryptocurrency ecosystem as a whole.
Added to the flagship community management services are, a Decentralized cryptocurrency Exchange, CDEX, a Centralized cryptocurrency exchange, TraderOne, a fully immersive Augmented Reality game COllectiveGO and the Collective Global Initiative all constituting The Collective Ecosystem.
Detailed information can be found about The Collective at https://www.thecollectivegroup.org/ico/WP_Collective.pdf also read through the official website to get first hand information about The Collective https://www.thecollectivegroup.org/
The Collective has been nothing short of impressive over the past months, securing high profile clients and partnerships with projects such as Javvy, Levolution, XDAC, Minedblock and the recently partnered Heluss project. These have firmly established The Collective as a force to be reckoned with in the cryptocurrency space.
CHAINCREATOR AT AGLANCE
Chaincreator is an all-inclusive ecosystem providing innovative solutions and techniques to completely manage a Blockchain project from start to finish.
Some of the Core ecosystem components incorporated into Chaincreator include The Chinacreator Market, an ICO incubator that caters to the kick off and completion of a project with additional escrow services for safe storage of funds, the Chaincreator Cryptocurrency Exchange, a high-performance global exchange catering to millions of users, a white label platform for easily setting up customized cryptocurrency exchanges, amongst others.
Needless to say, it was a welcome development when the Collective announced in the month of April, that they would be hosting their Initial Exchange Offering on a platform such as Chaincreator.
Pre-registrations are ongoing through the official landing page of The Collective IEO at https://www.thecollectivegroup.org/IEO/
HOW TO PARTICIPATE IN THE COLLECTIVE IEO
Participating in The Collective IEO can be achieved in a number of easy steps, thus:
Visit the official landing page for the Collective IEO https://www.thecollectivegroup.org/IEO/
Next, pre-register for participation in the IEO by following this link https://trade.chaincreator.exchange/
Create an account on Chaincreator Exchange free of charge
Get your exchange wallet funded with either Bitcoin, Ethereum or USDC as these are the only currencies that will be accepted during the sale.
You’re all set up! Be ready to buy the tokens when the token sale goes live.
As at the time of this publication it has not yet been explicitly stated either by The Collective team or The Chaincreator team whether there would be Know-Your-Customer and Anti-Money-Laundering procedures before, during or after the token sale but it wouldn’t hurt to get your documents ready as a precaution, so as to enjoy a seamless purchasing experience during the token sale.
THE COLLECTIVE X CHAINCREATOR SALE INFORMATION
TOKEN SALE START DATE: 6TH MAY 2019
TOKEN SALE END DATE: 15TH JULY 2019
PRICE PER UNIT: $0.01/CDEX
EARLY BIRD TOKEN BONUS: 20%
SUBSEQUENT TOKEN BONUS: 10%
ACCEPTED CURRENCIES: BTC, ETH, USDC
TOKEN TOTAL SUPPLY: 8,000,000,000 CDEX
TOKENS AVAILABLE ON SALE: 2,000,000,000 CDEX
In Conclusion
A quality that makes The collective stand out is the fact that it is not just about one Blockchain project, it is a step into the future of what the Cryptocurrency space should be, it is a running, working vision driven by a focused well experienced team
Going by the impressive portfolio of clients and partners all enclosed within The Collective and having an already working Minimum Viable Product, deciding to launch an IEO only goes to show how serious the Collective is about the successful implementation of the project’s roadmap.
I have no doubt that The Collective will hit the ground running at the scheduled token sales on May 6th 2019.
Keep up to date with The Collective on all their social media handles in order to receive further updates that may be announced by the team pertaining to the upcoming token sale.
Website: https://www.thecollectivegroup.org/ico
IEO page: https://www.thecollectivegroup.org/IEO/
Pre-registration link: https://trade.chaincreator.exchange/
Whitepaper: https://www.thecollectivegroup.org/ico/WP_Collective.pdf
Instagram: https://instagram.com/thecollectivego?utm_source=ig_profile_share&igshid=swl04js8rjqa
Linkedin: https://www.linkedin.com/company/the-collectivego
Twitter: https://twitter.com/TheCollectiveGo
Medium: https://medium.com/the-collectivego
Facebook: https://www.facebook.com/groups/1176407375842141/
Telegram : https://t.me/thecollectivego
Author's Bounty0x username: Cryptovixen192