Natmin, an exciting new blockchain startup has recently conducted several token swaps while in the midst of running an ICO, through which over $5 million USD has been successfully raised. Each swap with BitcoinBing, CAREONchain, AgentMile, and SinghCoin is worth an effectual $1 million USD, plus $300,000 USD signed with TeraWatt.
These are dissimilar to your common token swaps however, where a token typically migrates onto another blockchain network after its ICO. Rather, Natmin has strategically partnered with other respected and highly anticipated, upcoming blockchain projects to broaden community awareness and boost one another’s token sales.
Basically, the swaps are a clean 1:1 exchange in value of the signed tokens. Therefore, Natmin holds $1 million worth of each of BitcoinBing, CAREONchain, AgentMile, and SinghCoin, and $300,000 worth of TeraWatt tokens, which are all vested for a certain period of time.
Let’s take a look at each of these projects and token swaps...
BitcoinBing, an amazing new digital currency exchange that offers unique and robust mechanisms, with features such as: zero-fee structure, multiple simultaneous transactions, token buyback, cold storage (and more).
Fifty percent of the tokens swapped will be available to sell after three months, and the remaining 50% available three months after that. The BitcoinBing Exchange will be up-and-running in December 2018.
CAREONchain is a decentralized platform that connects researchers, developers, and hybrid vehicle manufacturers, and yet another notable project - having been declared as the best ICO to invest in July 2018 by several crypto media channels. The swap follows the same conditions as with BitcoinBing, and the projects’ cooperation has the potential to open possibilities, yet unseen for both parties.
AgentMile’s mission is to transform the commercial real estate property search and cash flow management, into a user-friendly and quick experience by leveraging blockchain technology. 33% of the tokens swapped will be unlocked at the end of the sales events, another 33% will be unlocked six months later, and the last 34% will be unlocked 12 months after the end of the sales events.
TeraWatt and Natmin agreed to swap $300,000 USD worth of tokens. The swapped tokens will be locked until 15th December 2018, after which they can be sold. TeraWatt is a patent-pending, renewable energy blockchain startup which focuses on monetizing and driving the global LED adoption, and will finish their ICO on 15 December 2018.
Natmin is a solid and reputable project that has consistently delivered upon its promised commitments and transparently communicated its progress and development with its loyal community. With the formation of several impactful partnerships, Natmin fortifies the chance for its warranted success and opens greater opportunities and benefits for its investors.
The Natmin ICO is now in progress and running up until the 31st of December, NYE. You can purchase the Natmin token (NAT) now at BitMart and TokenJar, without geographical restrictions. Furthermore, Natmin is currently giving away weekly bonuses of NAT, which will continue until the end of the token sale. Find out more at Natmin.io.