We all know how widely and often today electronic payment systems are used, both international and local. We also know that their main competitor, with a number of undeniable advantages, is Bitcoin and the ecosystem of the blockchain technology as a whole. And at the same time, we can see how millions of traders of single individuals, investment funds, hedge funds and other financial organizations, with their work, create trading volumes of cryptocurrencies, valuable metals, stocks, futures, options, derivatives and other securities worth hundreds of billions of dollars in day! This also includes hundreds of millions of transactions per day, transactions for which a commission is charged by the trading platform where these trades take place. And, therefore, we are witnessing the birth of many completely new various trading platforms, who seek to snatch their piece of cake in this very profitable and promising sector of the global economy. But are they all good? Will they stand such strict and high competition? Will the next bear market survive? All this will show only time. In the meantime, when choosing such a platform for investment, we can only rely on the positive experience of the team that is behind it and the experience of using their products.
And it is about creating a new ecosystem in the investment environment that I would like to tell you further.
EMRX Token
The native token of the EMRX exchange, the sale of which through IEO on its own trading platform, will begin tomorrow, December 11, 2019, is issued with a number of application cases, the main of which is the ability to pay for goods and services of the Emirex Group with decent discounts. Users will also receive a certain discount if they pay a commission for transactions, listing or registration fees in the EMRX token. And some advantages will be established for EMRX holders if they participate in subsequent IEO projects that will be held on the Emirex exchange in the future.
And also to the list of services for which it will be possible to pay with EMRX tokens include the following:
Consulting on the creation and implementation of the STO / IEO project and everything related to it.
Ensuring the complete safety of the platform’s customers, in all necessary areas related to the field of digital assets
Market making services.
Listing the project token on the exchange.
STO / IEO listing on the exchange’s launcher.
Asset storage services.
Escrow services.
Payment for the professional version of Emirex Wallet.
Emirex Syndicate and wealth management services.
Community voting for listing new projects, etc.
The EMRX token is issued on the Ethereum blockchain platform, the ERC-20 standard, and the maximum number is limited to 500,000,000 EMRX.
Token Distribution:
55% will be sold on IEO
15% is reserved for the project team
13% is allocated for sale on Private Sale
10% is allocated for the Token Reset program
7% is allocated for the Long-Term program
Use of collected funds:
30% will go to the development of top-level IT products and infrastructure development
30% to promote the products and services of Emirex Group around the world, as well as to gain a leadership position in the Middle East.
20% on investing in strategic initiatives that can strengthen the Emirex ecosystem.
10% for legal, regulatory and other operating expenses.
10% are hedged in the form of a set of safe assets, both paper and digital, to overcome any emergencies that may arise.
Token hosting is controlled by the EMRX smart contract and has the following structure:
Team - 5% per quarter, divided into 5 years.
Long-term partners - 10% per quarter for 2.5 years.
Reserve tokens will be available and aimed at ensuring accessibility to time-limited profitable opportunities.
The exchange team also plans to burn up to 50% of all tokens received as a means of payment for all services provided until the total number of tokens in circulation reaches half of the total saplai, namely 250,000,000 EMRX.
Well, of course, all kinds of community awards or rewards, referral programs and more, will also be paid in EMRX tokens. And crypto dust, in the form of small shares of various coins and assets on the accounts of exchange customers, can be converted into EMRX.
How to take part in Emirex IEO?
To do this, you need to register an account on the Emirex exchange and go through the “Know Your Client” (KYC) procedure. Then put on the exchange the following cryptocurrencies that will be accepted for the purchase of the EMRX token: BTC, ETH, USDT. Fiat currencies such as Euros and US dollars will also be accepted. The price of the EMRX token will be about $ 0.4. IEO starts tomorrow, December 11, 2019. The maximum fee is $ 10,000,000. The distribution of the tokens you bought will begin on January 15, 2020, and EMRX will be unlocked and available for trading immediately after the distribution.
Twitter: https://twitter.com/EMIREX_OFFICIAL
Telegram: https://t.me/emirex_official_chat
WhitePaper: https://emirex.com/whitepaper
Facebook Group: https://www.facebook.com/emirex.official/
Author : zorzia
Emirex ID *: ID280D555BD1
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