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New Token, new luck? The negative headlines of troubled Bitcoin exchange Bitfinex has prepared Token to a private Utility. The house of LEO is a Token already, from next Monday (20. - May) on the trading platform may be available. So Bitfinex would like to avoid acute liquidity problems.
according to a press release, you can be replaced the Token against Bitcoin, Etherum, Tether, or even against the US Dollar. The full Name of the Token UNUS SED LEO is. The Launch is a private sale of the tokens to major investors had gone ahead. In Bitfinex could collect in a few days Tether to a value of one billion US dollars. From whom the funds came, is not fully understood. Or So the press release reported Fundraising as a resounding success:
The overwhelming response and the prompt implementation of the Token sale marks a new milestone for Bitfinex and the entire Blockchain Community.
Bitfinex will buy back Token
According to the white paper will be awarded to the owner of the LEO Token, with various discounts on Bitfinex. The white paper also provides several planned projects in view. Including the Launch of an in-house platform for inner-earth objects is. According to the parent company named iFinex IEO platform should be available in June. Here, projects the possibility to receive funds to collect.
in addition, the Bitcoin exchange promises, on a monthly basis a portion of the circulating LEO tokens to buy back. The exact amount is Dependent on the turnover and the amount of money received back from Crypto Capital.
the future of Bitfinex more uncertainCrypto Capital was the trigger for an affair, in the Bitfinex is currently involved in. The New York Prosecutor accuses the Bitcoin exchange, the loss of 850 million US dollars in Crypto Capital concealed. Bitfinex has objected to such a presentation, however, is not repeated. The accusation that Bitfinex had served in the reserves from sister company Tether, however, is still in the room.
Even beyond the litigation, the Community had doubts as to the future viability of the Bitcoin stock exchange. The successful Token Sale seems to have money again in the Bitfinex registers are flushed. Were able to customers and investors in the long term, again graciously voted? This will show only still.
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