Bitfinex IEO ($LEO) Pool
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contact @moonsyndicator to be invited to a group, we reserve the right to refuse entry
Token price: 1 USDT
Max: $500k
fee: 5%
Lockups: none
Listing: after the sale
Deadline: 48 hours from posting
Source: Direct, personally checked by both OTC ROOM admins.
Whitepaper:
https://www.bitfinex.com/rm-2019-05.pdfPrivate sale will take place until May 11th.
Some highlights of the document:
Bitfinex Derivatives in June 2019
Eosfinex due to launch in June 2019
IEO Platform scheduled for June 2019
Security Token Exchange launch date TBA
Dazaar - marketplace, launch date TBA
Betfinex - betting exchange, launch date TBA
LEO token metrics:
Number of tokens: 1B LEO
% for sale: 100%
Fundraising goal: $1B USD
In addition to fees reductions for LEO holders there are repurchase and burn commitments:
- 27% of the consolidated gross revenues of iFinex (exclusive of Ethfinex) from the previous month, until no tokens are in commercial circulation.
- 95% of recovered net funds from Crypto Capital will be used to repurchase and burn outstanding LEO tokens within 18 months from the date of recovery.
- 80% of recovered net funds from the BitFinex hack(On the 2nd August 2016, Bitfinex suffered a hack, depleting the exchange of 119,756 BTC) will be used to repurchase and burn outstanding LEO tokens within 18 months from the date of recovery.
