NXT amount owned by ICOO made available for trading on OpenLedger via Ardor tokens
The amount of 222,988 NXT has been purchased for the sole purpose of offering traders and speculators interested in trading a cryptocurrency prelaunch an option to do so, and we are able on OpenLedger to do so with the help of the Crowdfunding token ICOO.
What ICOO offers is the token ARDR of Ardor which is a new project and platform of NXT. The tokens are offered 1:1 as an added token to the amount held in NXT from the time of first snapshot today July 14th and the last one October 12th.
ICOO offers the amount of 222 988 OPEN.ARDR tokens backed by the equvalent amount of NXT held at the below ICOO account. It means that ICOO will keep this amount locked at least untill final snapshot. Any profits achieved from selling the OPEN.ARDR will be fully added to the monthly ICOO profit distribution. It means basically that any profits achieved from selling ARDR on OpenLedger from now on untill October will be considered pure profit, and since it is achieved without any ICO it is not a product for subscription as such, the ICOO holders will however be able to buy into an inital amount of 22 988, leaving the remaining 200 000 to be added to the markets on OpenLedger where a demand is considered the highest.
OPEN.ARDR will be added to OpenLedger from July 18th, and therefore also only possible to trade from that time. An announcement will be made at this time also.
The mentioned 22 988 ARDR are offered to the 10 ICOO asset holders with the highest bid per 1 OPEN.ARDR in BTC valuation(although paid on OL as OPEN.BTC) sent in memo to the official OpenLedger account: ardor
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With this way of offering an initial part of the ARDR made available for trading on OpenLedger as perhaps the only place anywhere except the NXT platform itself and running as a minimum untill October, it is the attempt to establish a price based on initial demand, and then place orders of the remaining amount accordingly.
Of markets created there will be not only ARDR, HEAT and FIMK trading eachother, but just as well BTC, ETH, DGD, and BTS
Since ICOO still has its own ICO going on with some 7 days left of level 3, ending JUly 31st overnight. You can visit
www.icoo.io for more details or go to
www.ccedk.com to have an idea what we are working with allover. If u wish to buy ICOO token it is still possible at level 3: 850 ICOO per 1 BTC. You may send directly to account: icoo with OPEN.BTC or order directly on
www.icoo.io with many more cuurencies or do it via the account: ico.openledger and write in memo: ICOO and will also handle it from there.
You can read more about Ardor in below Forbes article.
http://www.forbes.com/sites/rogeraitken/2016/06/21/nxt-crypto-blockchain-team-prepares-ardor-scalable-child-chain-platform/#1b38dc39349bBelow some information about which adress is used for the ICOO nxt holdings, as well as its description:Date 7/14/16, 11:41:07 PM
Adress NXT-T2HK-WPPF-JT8G-6TL3N
Name ICO OpenLedger - ICOO
Description ICOO asset investing in Ardor, holding it as collateral for the same amount of OPEN.ARDR to be released on OpenLedger. Anyone holding this asset on account at the time of the actual tokens of Ardor to be released can withdraw ARDR to the wallet created.
Yours sincerely
Ronny Boesing
CCEDK ApS
CEO