Hello readers, today we are going to introduce ‘Tokeneo’ which is a crypto-currency exchange whose investors are rewarded with 50% of the income, paid out on a daily basis. Tokeneo community owns 90% of the Ethereum-based TEO tokens. Their investors participate in Exchange’s development. Aiming at protecting in the best possible manner the interests of the individuals wishing to entrust their capital to us, we have decided to allocate some part of the accumulated funds for the construction of a trading platform whose shareholders would participate in the distribution of profits generated by it.
Website — Whitepaper — Lightpaper
What is Tokeneo?
They decided that the solutions applied on the market are excessively superficial and insufficient in order to achieve this objective, that is why they have developed our own model in accordance with which investors by way of their participation in the public offering would gain substantial power over the developed project and they would be attached to it for a longer period of time and not only for speculative purposes.
Their Offer
From the very moment of launching the Tokeneo platform the users will have a chance to trade freely on the minimum of twenty five token markets, on which thanks to the raised funds we can ensure appropriate liquidity.
Sources of Income
Just like any other company, the Tokeneo exchange will operate for profit. What makes us unique among hundreds of projects fighting for financing is the fact that unlike other ICOs the participation in our fundraising entitles to the participation in the distribution of profits generated by Tokeneo.
Why Tokeneo?
Tokeneo token
The Tokeneo TEO token sold during their ICO will be based on the ERC-20 protocol that is it will be compliant with the principles and guidelines for the digital asset generation in the Ethereum network. The tokens will be generated under the contract operating in the base network. The total supply of TEO token is 100’000’000 items (one hundred million) and this number will not change with time.
- Token: EO
- Token Type: ETHEREUM
- Price: 0.2 USD
- Buy with: BTC
- Buy with: LTC
- Buy with: ETH
- Buy with: BCH
- Market Soft Cap: 10,000,000 USD
- Market Hard Cap: 100,000,000 USD
TEO Token and ICO
The total supply of the dividend token of the tokeneo.com exchange will be steady and it has been stipulated at 100’000’000 tokens (one hundred million tokens). All the tokens will be allocated among the investors after the completion of a two-stage fundraising. During the first private round of investor acquisition, that is the so called pre-ICO 5’000’000 Tokeneo tokens were sold (five million tokens), that is 5 percent of the total supply (the total number of tokens from the partner pool amounts to 8’000’000 tokens, that is 8 percent of the supply). In the second public round open for all the interested individual and institutional investors we will offer a pool standing at 80’000’000 Tokeneo tokens (eighty million tokens), that is 80 percent of the total supply. In aggregate this amounts to 88’000’000 Tokeneo tokens (ninety million tokens), which will be allocated to the investors during the fundraising stage. The remaining 12’000’000 Tokeneo tokens (twelve million tokens) will be distributed among the members of the developer team (10’000’000 tokens) and the persons most actively promoting our platform through special reward programs (2’000’000 tokens).
Allocation and distribution of tokens
They have divided one million Tokeneo tokens generated in the pre-ICO and ICO into several pools on account of their purpose. The founder pool amounting to 10’000’000 Tokeneo tokens (ten million tokens) will be allocated to the persons directly involved in the creating of the tokeneo.com exchange that is the developer team. We have also reserved a pool of 8’000’000 Tokeneo tokens for our future and present strategic partners and investors. These tokens in future will be allocated by the developer team to the entities based on the assessment of their contribution to the development of the Tokeneo exchange and support for the growth of the emerging platform. For those providing most active support for our efforts we are preparing special reward programs, whose details will be gradually, announced as the development of our exchange progresses. For these purposes as many as 2’000’000 Tokeneo tokens (two million) have been reserved. The remaining tokens amounting to 80’000’000 will be in their entirety sold during the open and public ICO fundraising.
Expenditure Structure
A very important point of this document, apart from the implementation strategy and development plans, is the financial strategy and projected structure of their budget.
Two Stage Fundraising
The sales of Tokeneo tokens has been planned as two-stage fundraising. The first stage consisted in the so called pre-ICO, which took place between 1st April 2018 and 1st May 2018. That part was closed and it was addressed only and exclusively to the strategic investors wishing to support in their efforts at the early stage of the platform development.
Bonus structure
The duration of ICO has been planned for 12 weeks between September 24th 2018 and December 16th 2018. Within first six weeks the investors will be able to take advantage of additional bonuses for early purchase of the Tokeneo tokens. The values of bonuses will amount to respectively 25 percent in the first week of the ICO, for another 2 weeks the bonus will account for 15 percent, and for the next three weeks of the fundraising – 10 percent.
Bounty Program
As indicated in the previous paragraphs, we also intend to launch special reward programs, the so called bounty. Their plan provides for the running of 3 independent bounty campaigns and to this end we have reserved 2’000’000 Tokeneo tokens. Each of the campaigns addresses different needs of our platform, but together they will help us to meet the majority of objectives. Participation in campaigns will be rewarded with Tokeneo dividend-bearing tokens.
Roadmap
Team Member
Conclusion:
I think this is a great project with a good foundation and unique concept that is so incredible and can be an excellent long-term project so what are you waiting for, join the team and be a good thinker like them.
I think this is a great project with a good foundation and unique concept that is so incredible and can be an excellent long-term project so what are you waiting for, join the team and be a good thinker like them.
THANKS FOR READING.
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