What Is EO.TRADE?
EO.TRADE is a decentralized blockchain based ecosystem that brings revolution in the world of fiat and crypto investments. The platform strives to bridge the gap between the traditional way of trading and blockchain based trading by offering four platforms under one coin namely an exchange, a customized wallet, a source to publish updated crypto and fiat currency news, and an online marketplace to trade fiat and cryptocurrencies as well as other financial derivatives. The platform has simplified the way people undergo fiat and cryptocurrency transactions by incorporating smart contracts.
EO.TRADE is a blockchain based decentralized platform that introduces an ecosystem that acts a one-stop shop for investors wishing to trade fiat as well as cryptocurrencies. The platform enables traditional investors to leap into blockchain based platform seamlessly. The platform has four projects to offer to its clients including an exchange to enable clients to exchange cryptocurrencies, a wallet so they can buy/sell or store their cryptocurrencies, an online trading platform to trade multiple assets, and an update source for publishing news pertaining to market conditions of fiat and cryptocurrencies.
How Does E0.TRADE Work?
As mentioned above, EO.TRADE offers three platforms including an exchange, a wallet, and a trading platform. The platform exchange enables users to exchange cryptocurrencies and the platform’s utility token against other cryptocurrencies. The wallet offered by the platform allows its users to store and transfers cryptocurrencies to and from other wallets. The online trading platform makes users trade fiat and cryptocurrencies using the same platform. The platform offers low-cost transactions fees and an affiliate program to its users to benefit by referring other users. In order to use the platform, people need to get registered on the official website of the ICO. A supported version of the platform’s app is also available to download from Google Play Store and App Store for android and i-OS based mobile phones and tablets.
To earn E0.TRADE tokens people need to get themselves registered on the platform. The pre-sale phase of the ICO is currently in progress. Those who wish to earn E0.TRADE tokens just need to enter their full name, email address and wallet address where he/she wished to receive tokens after the ICO tokens sale ends. The ICO is likely to get listed on various exchanges all across the globe. People can also earn E0.TRADE tokens from all such supported exchanges in exchange for other cryptocurrencies.
Buy E0.TRADE Tokens Using E-Wallets
The platform is powered by ERC20 tokens. It supported cryptocurrency is ethereum. Both ethereum and utility tokens of the platform need to be store in e-wallets. Therefore people who wish to buy E0.TRADE tokens need to have e-wallet. An e-wallet is also required to send ethereum to the platform in order to buy E0.TRADE tokens. Investors can also buy E0.TRADE tokens from other people after the ICO ends. They may need to pay a bit higher than to buy E0.TRADE token from the platform itself.
The ICO Distribution
The ICO plans to hold its token sale on July 16, 2018. The ICO will last for about 1 month and a half. It is expected to end on August 30, 2018. There will be a total token supply of 1000,000,000 tokens. The ICOA will observe a soft capping of $10 Million, however, it will keep changing depending upon the phases of the token sale of the ICO. The hard capping of the ICO is defined as $100 Million. The starting price of the ICO is expected to be $0.20.
The ICO plans to distribute its tokens under the following proportion;
- 70% tokens are planned to be distributed to the public during the pre and main sale of the ICO
- 20% tokens are planned to be distributed to the Company
- 5% tokens are planned to be distributed to the team members of the ICO
- 5% tokens are planned to be distributed to offer Reward and Bounty Programs by the ICO
The ICO plans to allocate its funds generated through the ICO under following proportion;
- 50% funds are planned to be allocated to the research and development department of the ICO
- 35% funds are planned to be allocated to the marketing department of the ICO
- 15% funds are planned to be allocated to meet the operational cost of the ICO
The ICO also plans to offer bonuses to its early contributors. As per the information available in the whitepaper of the ICO, it will be offering up to 10 bonus to its early contributors buying ICO tokens during early days of its launch.
The ICO has following team members;
- Ivan Opriya is the chief executive officer of EO group
- Ivan Dashkevich is the chief technical officer at EO.TRADE
- Vladimir Arsene is the chief marketing officer at EO.TRADE
- Dmitrij Nikitin is the head of customer care at EO.TRADE
- Dmitry Ochkas is the chief HR officer at EO.TRADE
Invest In EO.TRADE
After a careful review of the ICO, we hereby conclude that EO.TRADE is a revolutionary ecosystem that aims to offer its users a true experience of a unified marketplace where traders can avail all services including wallet, exchange, and a trading platform. The platform seems to have already gained attraction of thousands of clients across the globe. Its objective also makes sense. We believe IO.TRADE is going to be a successful venture for sure. We suggest people should definitely invest in E0.TRADE and try their fate. We hold a view that people won’t regret their decision ever.
|Description||EO.TRADE is a decentralized blockchain based ecosystem that brings revolution in the world of fiat and crypto investments.|
|White Paper URL||https://static.expertoption.com/ico/eo-whitepaper.pdf|
|ICO Launch||2018/07/16 04:00|
|ICO Closing||2018/08/30 09:00|
|Token Platform||ETH (ERC20)|
|Funding Target||$10 Million|
|Funding Cap||$100 Million|
|Coins Offered||70% out of total token supply|