On March 8, cryptocurrency enterprise and platform Dowcoin held their long-awaited Mumbai Summit in Mumbai, India. The attending community members and developers demonstrated the use of the new Dowcoin Exchange and announced a number of decisions and developments to facilitate further growth of the Dowcoin platform and community.
- No new Dowcoins will be sold until April 2019.
- 100% of Pre-ICO tokens will be converted into tradeable coins.
These decisions have been voted upon by the community with an outcome of:
Yes – 93%
No – 7%
- A new withdrawal limit of $100 per day will be applied to wallet transactions.
Vote shares:
Yes – 93%
No – 7%
This custom blockchain is a major element of Dowcoin’s “Mission $300”, delineating the way for Dowcoin to reach an exchange rate of $300.
In order to achieve the ambitious goals outlined in the Summit, Dowcoin’s operations will be expanding significantly. New talents will be hired for the Development Team, the Management Team and the Marketing Team, and offices will be opened within 6 months in Hong Kong, Canada, Singapore, UK, USA and Russia.
Dowcoin and Dowcoin Exchange are projects of Dow Blockchain Technology FZC, Dubai. For more information about Dowcoin and Dowcoin Exchange, please visit www.dowcoin.io and exchange.dowcoin.io.
Dowcoin is a token that represents ownership of underlying assets that make up the market index. Dowcoin will only feature coins in this index that have been in the market and exchanges for the last six months, and also have been among the top 100 coins in the market cap for at least 90 consecutive days.
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