The Singapore exchange started trading AVSS own token ABCC (AT) the opening price amounted to $0.5. ASS, is among the new decentralized exchanges and uses the Trade-to-Mine (ToM, the transaction as mining) developed to increase the benefit of the holders.
The token was released July 9, 2018 and trading on the exchange was extremely successful. Number of tokens received by the traders in the process ToM has increased in 5 times and continues to grow steadily.
CEO ABCC Calvin Cheng:
«We were surprised to see the staggering jump in trading volume combined with a stable growth. I am sure that the value AT will to reflect a model of sustainable growth of mining and trust of users to the ABCC. The philosophy of the blockchain that we share inspires us to give users an unprecedented experience of the trade.
But our ambitions are not limited only to reward miners. AT the token — a key component of an ecosystem ABCC, the advantages of which will be able to appreciate all of its participants — investors, team blockchain projects, media and other partners. Investors in tokens will gain access to a vast array of benefits, the exchange plans to distribute 80% of daily fee income on transactions between them, depending on the number of available tokens. We also run AT Super Miners Program, which will allow participants in particular to have access to exclusive programs for mining».
Model issue Trade tokens-to-Mine (ToM) is similar to that used in some cryptocurrency. Platform four times a day will generate a block containing a fixed number of tokens. Every 120 days the number will be reduced by half. Coins of the blocks are allocated to traders depending on their comparative deals. This approach will provide stable financial growth for users (especially for first), and ensures that they receive benefits from mining.
AT have the characteristics of a new type of tokens. Their volume and the amount of rewards you can predict in advance, and the cost estimated on the basis of the ratio of P/E (price/earnings). It makes AT the exchange token inflation which in the long term will decline.
The benefits of the ABCC token (AT):
Token, the profitability of which can be predicted, and the cost to calculate the formula price/earnings (P/E) – generally exchange tokens after a sharp rise in the short term experienced a decline in the long term.
Thanks to the 120-day cycle every six months, the number of tokens will be reduced by half, which will complicate the process of obtaining them – in the long run it will increase the value of the token like the financial models, used in the Bitcoin system.
The platform will provide a 50% discount private sale of cryptocurrencies added to the platform, as well as the right to vote in their listing.
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