SINGAPORE, 10 JULY 2019 — CONSENTIUM, the Singapore-based messaging app with an integrated crypto wallet, today introduced EXOLaunch to its expanding ecosystem of cryptocurrency services. Powered by the CONSENTIUM community, IEOs will be able to raise funds by tapping on CONSENTIUM’s active trading community and pool of invested retail investors. Successful IEOs will in turn, be listed on the EXONIUM platform – strengthening the exchange’s listing portfolio. The introduction of the IEO launchpad to CONSENTIUM’s ecosystem comes off the back of EXONIUM achieving over 100,000 traders and a 24-hour trading volume of USD $2.6 million to date.
IEOs have seen rising prominence in recent times, with market intelligence platform InWara, reporting that 46 IEOs conducted by the top launchpads raising over USD $1.6 billion. The popularity of IEOs can be attributed to its concept of putting exchanges in charge of managing the project. These exchanges stand to gain reputation from successful IEOs, but stake their reputation on these projects.
As EXONIUM’s launchpad, EXOLaunch brings the process of fundraising projects to a secure environment, ensuring that its users can trade with peace of mind knowing that the exchange has put in place stringent checks and processes. In addition, the platform also ensures that its users enjoy increased convenience. Registered EXOLaunch users can participate in multiple IEOs with ease, saving traders the hassle of setting up new log-ins or configuring payment modes each time.
ABELE TRUST, the offshore digital bank that utilizes artificial intelligence (AI) and blockchain technology to service institutional and retail clients, is currently working with EXONIUM to launch their IEO on its launchpad. As a banking industry disruptor, ABELE utilizes emerging technologies to safeguard the cash and digital assets of users – while providing a seamless, smart and user-friendly experience. The digital bank’s working relationship with EXONIUM dates back to September 2018, with the two organisations building trust and credibility over numerous partnerships.
In celebration of the announcement, ABELE TRUST will host an exclusive airdrop for EXONIUM traders, with 11 million ABELE TRUST (BANK) tokens worth USD $110,000 to be given out.
Both the IEO and the airdrop dates will be announced at a later time.
EXONIUM announced the launch of its first trading competition, from 2 July 2019, 12pm (GMT +8) to 30 July 2019, 12pm (GMT +8), with over 32 Bitcoin up for grabs for the top 100 winners. Traders automatically qualify for the competition by trading through EXONIUM exchange, with winners decided based on trading volume of any pairing available on the platform. Traders keen on taking part can check the weekly leaderboard posted on EXONIUM’s Zendesk announcement page every Monday, and winners will be notified via email after the closing date.
For more information on the trading competition please visit the EXONIUM website here: https://exonium.zendesk.com/hc/en-us/articles/360030093331–Join-the-Exonium-Trading-Competition-
Traders keen on signing up on EXONIUM to take part in the competition can do so at https://exonium.one/e/accounts/register?r=L4SGXN
EXONIUM is a cryptocurrency exchange platform which aims to bring the best of social networks into the world of trading. Powered by CONSENTIUM, traders get access to a strong network of fellow traders, high security and fast liquidity.
CONSENTIUM is the first chat app with crypto-wallet integration to reward its users with cryptocurrency for their engagement on the platform. Its digital tokens, CONSENTIUM Coins (CSM), are developed based on Ethereum platform (the world’s largest leading smart contract blockchain). The aim of CONSENTIUM is to transcend simplistic chat applications, and develop an advanced multi-feature app that can boost collaboration and productivity within corporate and social communities.
Press Contact
On behalf of CONSENTIUM (Singapore)
Khairul Sufiyan
Senior Account Manager
Email: khai@dify.sg
Mobile: (+65) 8588 4820
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