Highlights of EXOLaunch, Exonium’s exclusive IEO platform.
What a momentous week for EXOLaunch!
Follow all our most important updates here!
- Navera Post-IEO update
- Transparent communication
- Server upgrade
- Abele Trust Successful IEO
- Upcoming IEO
With our two recent successful IEOs for Navera and Abele, we wanted to share some updates that will be important to you as part of our community.
1.Growth in Navera
Navera IEO was a huge success, 30 million NVR tokens allocated for the IEO on EXOLaunch were completely snapped out in three phases:
- Phase 1 sold out in about 10 seconds with around 1700 participants.
- Phase 2 sold out in about 1 minute with around 3400 participants.
- Phase 3 sold out in about 3 minutes with around 5000 participants.
Following the successful launch, we are witnessing a strong demand in Navera token after the listing of NVR on Exonium. Since its listing, NVR’s market has been performing well and was 300% of its IEO price during its all time high on 26th August 2019. We are excited to witness Navera success and will be looking forward to its future development.
EXOLaunch has a stringent curating and reviewing process for blockchain projects prior to their launch, ensuring that all projects integrated onto Exonium are prospective and serves a great purpose to the whole ecosystem.
2.Transparency to the community
For the first time, we took a step further to work closely with our IEO partner, Abele Trust, to release more information on their project. Prior to their IEO, we shared an overview on Abele Trust on top of IEO details. Exonium also announced a partnership with Abele Trust, allowing Exonium users to create Abele Trust accounts and have full access to Abele services by 2020.
This allows our community of traders to better understand the project and why we chose to integrate them onto our platform. Enjoy these valuable information? Looking forward to our upcoming IEO? Stay tuned as we release updates on EXOLaunch!
3.Upgrade to server
On the 27th of August, we experienced a huge number of users accessing the IEO site for Abele Trust Phase 2 IEO. Although we have upgraded our servers in preparation before the IEO, our servers crashed as the numbers far outweigh our expected load. Due to security reasons, Phase 2 was postponed while we were investigating the problem.
To prevent such incident from happening again, we have increased and upgraded our server before the commencement of Phase 2 on the 28th of August. Users can now expect a smooth and polished experience when participating in an IEO on EXOLaunch.
We are thankful for the community’s support and participation in Abele Trust’s successful IEO campaign.
- Successful Abele Trust IEO
Despite the postponement of Phase 2 in Abele Trust IEO, we are proud to announce that all 3 phases has successfully concluded.
Abele Trust IEO, conducted in three phases and sold out in the first two phases.
- Phase 1 sold out in about 10 minutes, each BANK token sold at US$0.0085.
- Phase 2 sold out in about 3 minutes, each BANK token sold at US$0.0090.
- Phase 3 closed on 29th August 2019, 09:00 (GMT +8) , each BANK token sold at US$0.0095.
- Upcoming projects on EXOLaunch
Following our announcement about Consentium’s branded debit card, we would like to update the community that UnionPay will be chosen instead of Visa.
UnionPay is accepted in 174 countries and regions worldwide and it owns the biggest market share in China. As almost all merchants in China accept Unionpay, this means you can use the card to make payment for food to fashion to travel. This is truly a new era of cryptocurrency use case with the card as CSM token holders will be able to load the debit card with their digital assets.
Meanwhile, we regret to inform you that there will be a slight delay to the pre-order dates. However, you can still register your interest on EXOLaunch and you will be notified once the finalised pre-order date is announced.
We are also excited to update you that the upcoming IEO on EXOLaunch is Biggcoin, an autonomous hyper-local Online to Offline ( O2O ) e-marketplace.