The cryptocurrency exchange Coinsbit declared release of own coin of the platform – CNB token. The release is dated to the IEO exchange – with its help the Coinsbit team plans to receive additional resources on development of the platform. For owners of tokens unique conditions – decrease in the trade commissions and considerable discounts for services of the exchange (listing and carrying out IEO) which amount can reach 50% will act on the platform
In 12 months after carrying out the IEO exchange undertakes to begin repayment of tokens at persons interested to sell them what 25% of quarter profit of the enterprise will be allocated for. However in 6 months tokens will begin to be accepted for fee of the exchange.
The general issue of tokens will happen three tranches and will make 1 500 000 000 pieces. The first third is distributed between the registered participants of the platform during AirDrop before carrying out IEO, the second will be sold within IEO, the third will make reserve fund. All unrealized coins will be subject to utilization, also as well as the coins received in payment for services of the exchange with discount.
AirDrop will occur in seven stages, and the size of the tokens received by them will depend on that how long they were registered on the platform: the earliest followers will receive 5000 tokens, and recently registered on 500 coins. In total during AirDrop 400 million tokens will be distributed.
Also, the referral program where each user will be able to receive tokens for the referrals registered on their referral link and also referrals of the 2nd and 3rd levels will act on this stage. It will be possible to receive 250, 150 and 100 tokens for each of levels respectively.
At this stage 3 rounds of IEO and one private token-sale will be carried out. The maximum realized issue at this stage will make 450 000 000 tokens. The referral program where each user will be able to receive tokens for the referrals registered according to their reference and also referrals of the 2nd and 3rd levels will also act on this stage (5, 3 and 2% of the sum of purchase of a referral respectively). In total on the referral program 50 million tokens are released.
Who wishes to take part in the project can follow my referral link, or directly on the website of the coinsbit.io company thanks for your interest in this article. https://coinsbit.io/referral/ec76d445-c08e-4050-902a-5b4663a8a819