Fast-growing cryptocurrency exchange, LAToken is preparing for one of its most anticipated Initial Exchange Offering (IEO), which is planned to take place on the 17th of May 2019. The anticipated IEO would involve the of VLM tokens, representing the underlying token for the innovative blockchain-based holding platform, Volum.
The Volum platform which is being made available only to companies with proven potential is designed to revolutionize the supply chain management system of holding companies. The platform will allow companies to rapidly scale and grow internationally through the implementation of blockchain technology.
The IEO for Volum on the LAToken exchange will make available a total of 236,800,000 VLM tokens. The tokens shall be distributed in five different stages with the target of raising a total of $74,600,000.
Alonzo Pierce, co-founder at explained that the reason for his company carrying out its fundraising on the LAToken exchange is because of the exchange’s track record and large user-base.
As at the time of writing, the average daily trading volume on LAToken stands at over $300 million. This is mainly as a result of the activities of the over 300,000 registered members on the platform.
Crypto trading pairs on LAToken have been on the increase as a result of the various tokens that get listed on the platform on a daily basis. Currently, there are over 320 trading pairs that are traded on the LAToken exchange.
The Volum IEO will be executed on the LAToken exchange, after which it is expected to become listed and investors can find immediate value for their preferred token. To participate in the Volum IEO, headover to today.
, the distributed cloud computing platform has announced the dates for its upcoming crowdsale. The platform that has been on a crusade to change the future of computing will start offering the RLC tokens during the scheduled to start on April 12, 2017, at 1300 GMT.
[Note: This is a press release]
The team behind iEx.ec has been working on a groundbreaking initiative that will allow individuals and enterprises to tap into the power of distributed cloud computing, better known as desktop grid computing. As it strives to break the dominion of academia over such facilities, the development team will fund its venture from the proceeds of the upcoming crowdsale. iEx.ec has set the crowdsale target to $2 million, which will go towards supporting the creation and launch of distributed cloud environment to meet the increasing need for computationally intense and decentralized business practices.
The iEx.ec crowdsale is open for cryptocurrency community members and investors. They can buy into the project by purchasing RLC crypto-tokens — the native currency of iEx.ec ecosystem with bitcoin or Ether. The iEx.ec team is looking forward to launching the platform sometime later this year, complete with off-chain computation and DApps capabilities.
While announcing the launch of the crowdsale and the need for a distributed cloud computing system, the CEO and Co-founder of iEx.ec, Gilles Fedak was quoted in the platform’s press release saying:
The simple truth is that centralized cloud services are falling behind current demand for computing resources. The iEx.ec team knows this through our work at the leading edge of distributed and cloud computing. With blockchain we see how a new paradigm of cloud computing is not just possible but absolutely essential, to meet the current needs of cloud SaaS, PaaS and IaaS markets, and to meet the needs of the next wave of innovation such as High Performance Computing, Artificial Intelligence, Internet of Things, Blockchain Computing and other forms of distributed business.
iEx.ec distributed cloud computing platform makes use of the powerful Ethereum blockchain and its smart contracts capabilities to manage the network. The smart contracts ensure that all participants in the network are well-compensated for their contributions in the form of rewards. It also automates payment transactions for the “give and take” of services on the network.
The team of renowned experts in the field of computing is working on making iEx.ec’s vision a reality. Creators of the open access platform include Gilles Fedak (Ph.D.) and Haiwu He (Ph.D.) known for their work on distributed computing, HPC and cloud systems design.
The platform will be free for anyone to join, with revenue models kicking in for a range of premium services availed by enterprise users. The iEx.ec platform further simplifies the smart contracting feature with ready-made contract templates that is set for release soon.
The platform already has a in place, which has been successfully demonstrated. Gilles Fedak has been presenting the platform at various international events and conferences, the latest one being BlockchainUA conference in Kiev on March 17, 2017. The next presentation will be at the Berlin Blockchain Expo scheduled for June 1 and 2, 2017.
Investors intending to be part of the blockchain-based computing revolution can find more information about the upcoming ICO . Early bird investors also stand to gain 20% bonus, making the investment an exciting affair for them.
Rebelion – Hardest MF (Cryptonite Remix) Featured on our album ‘Empire’. OUT NOW – : http://www.gearboxdigital.com/product/pre-order-rebelion-empire-album-cd/ Connect with us: https://www.facebook.com/officialrebelion https://www.instagram.com/officialrebelion https://www.twitter.com/WeAreRebelion
NYSE Owner Seeking bitcoin Custody ‘NY Trust’ License Bakkt is taking what it hopes will be another significant step toward obtaining regulatory approval as its parent company – Intercontinental Exchange (ICE), acquires bitcoin custody platform. […]
