I do not know if trade.io is going to lets us trade forex! Or is only cryptocurrency trading pair that will be available?
We wish to stress the fact that our platform will not limit your trading options as it will allow trading of Forex, CFDs on Stock Indices, Commodities, Stocks, Metals, Energies as well as Crypto Assets.
For trading, the Trade Token will be used for maximum profit, but other types of currency will be accepted as well, crypto as well as fiat.Burning of tokens is a wise idea but could you enlighten me about this phrase "percentage burned will also be matched across other allocations".
I'm a little bit puzzled with this phrase.
Thank you for your query.
Based on our initial planning, 500 million Trade Tokens will be issued. From that, a specific percentage is reserved towards the liquidity pool, another towards Advisors and Vendors, and yet another towards Founders and Developers.
Based on the percentage of unsold tokens, if any, an equivalent percentage of reduction will be made towards the allocated percentage of tokens reserved for Advisors and Vendors and Founders and Developers.
What does this mean in numbers - as an example:
The original number of tokens issued towards PRE-ICO and ICO is 275 million and the original number of tokens issued towards Founders and Developers is 100 million.
If 247.5 million are finally sold (with 10% left unsold) it means that the same reduction of 10% will be made on the total allocated number of tokens reserved towards Founders and Developers, thus they will keep 90 million instead of the original planned 100 million (100 million - 10% = 90 million).
The number of Trade Tokens originally allocated towards the liquidity pool won't be affected by the outcome of the token sale (it will stay at 50 million).
Please visit our website to see the numbers by clicking
HERE.
Hope this helps.
Thanks.
Hi, Pre-ICO is in progress for some time, but Raised amount is 0. Why?
Exact amount of funds raised will be officially announced towards the end of PRE-ICO / begining of ICO.
Thanks.
I checked out your white paper and everything was very interesting. May I know when the beta launch for this project is?
Oh and thank you for answering my question on why Ethereum is only offered.
You are welcome!
We are looking to launch beta in January/February 2018.