Alterdice announces its first Initial Exchange Offering (IEO) with XR Web, a decentralized Protocol for XR (Extended Reality) apps built for the Internet of the 3D Physical World. The IEO is held on Alterdice.com IEO launchpad.
IEO is a way to crowdfund and launch a cryptocurrency that enables exchange users to purchase project tokens at a special price directly on the platform and then trade project tokens on the same platform when the project is listed. And now Alterdice community members can participate in exclusive IEO campaigns and support amazing blockchain projects like today, the XR Web.
XR WEB project token (ticker XR) can be used to:
1) Access XR dapps
2) Stake on XR Web by geo-locations
When users stake on XR Web, XR holders earn Daily Rewards in XR token share from activities on the XR Web
XR Web is building the central infrastructure and SDK upon which different dapps can be developed that includes XR Gaming, Social Media, Real estate, Advertising, Ridesharing, Home-sharing, Retail insurance, etc.
1. IEO price for Round 1: USD 0.075 (Original ICO token price USD 0.15) Alterdice users get 50% discount
2. Hard cap for round 1: 1,500,000 XR tokens (USD 112,500)
3. Start Date/Time 09.07.2019 12.00PM GMT
4. End Date/Time 12.07.2019 12.00AM GMT
5. Min contribution per person 1500 XR tokens
Alterdice is known as a digital trading platform that supports buying and selling of cryptocurrencies. The platform functions like any other cryptocurrency exchange platform in terms of exchange transactions.
Users earn profits by purchasing cheaper and selling more expensive, comparable to investing in fiat currency. Primarily, Alterdice uses the same principle of establishing trading targets as used in the forex or securities market.
Alterdice platform understands that cryptocurrency trading will develop the effectiveness of economic transactions throughout the global economy. The project concentrates on refining and enhancing its customer service.
The platform encompasses the following elements that direct participants in crypto trading.
– Orders for sale and purchase
– History of transactions
– Trading volume held on the exchange
About XR Web:
XR Web, previously known as GofindXR, is a decentralized extended reality (XR) platform and the virtual world above the real world powered by the Ethereum blockchain and InterPlanetary File System (IPFS). In comparison to other digital worlds based on virtual reality (VR), digital content is placed on top of the real environment in AR, utilizing a smartphone or smart glasses.
This project has its economy and virtual currency called the XR Token. It is used to register land and secure transactions on the XR Web. Several applications that include social media, games, and shopping can be produced on this new XR Land as it the new 3D Internet. Utilizing the XR tokens, investors and users can stake them to specific geographical locations and get a revenue share from ads or transactions in the applications from transaction prices and applications.
After Bittrex controversial cancellation of RAID token’s Initial Exchange Offering (IEO), it did not stop the Singaporean based cryptocurrency exchange, KuCoin, to launch its first Spotlight project called MultiVAC. IEO has become a trending concept to native tokens of major crypto exchanges like KuCoin’s KCS that reportedly has gained 15.17 percent over the past 24 hours after hosting their first project on Spotlight or their IEO launchpad.
The MultiVAC project is the first of its kind that is hosted on the KuCoin Spotlight platform and is set to happen on April 3rd. Multivac is a fully sharded blockchain that has already accumulated a USD 15 million war chest from round A investments from a group of prominent blockchain project investors including Arrington XRP.
The sale will be for 600,000,000 MTV tokens, worth ~USD 3.6 million, with each token initially selling at USD 0.006. The IEO sale will be for 6% of total supply of MTV tokens and tokens will be allotted on a first come first serve basis and will only be accessible with KCS.
How To Participate in the Token Sale of Spotlight Projects
To participate in any of KuCoin Spotlight project, users can start by clicking the ‘Spotlight’ tab on KuCoin’s official webpage.
New and existing users need to log in to their KuCoin account and ensure that their KuCoin account meets the following buying guidelines:
1. KYC verification
To participate in the Token Sale of Spotlight, first, users are all needed to complete identity verification (KYC).
2. Trading Password
All users are also required to set up a trading password to ensure that their accounts are secured.
3. Countries Allowed To Participate
The following countries and areas that are not supported and cannot join the Token Sale:
United States of America, Bahamas, Botswana, Cuba, Democratic People’s Republic of Korea, Ghana, Serbia, Tunisia, Somalia, Zimbabwe, Pakistan, Nicaragua, Republic of Macedonia, South Sudan, Sudan (north), Sudan (Darfur), Iran, Iraq, Libya, Syria, Eritrea, Canada, New Zealand, Thailand, Japan, Mainland China, Ethiopia, Yemen, Côte d’Ivoire, Democratic Republic of the Congo, Sri Lanka, Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Guinea, Guinea-Bissau, Lebanon, Liberia, Myanmar, Uganda, Ukraine, Trinidad & Tobago, Venezuela, and Tunisia.
4. Purchase Agreement
Users need to sign the purchase agreement. All are required to read the terms and conditions carefully. If they accept the agreement, please click ‘confirm.’
5. Enough KuCoin Shares (KCS) in Trading Account
To purchase, only KCS is approved as a payment method. They recommend that users purchase KCS in advance to guarantee that they have sufficient funds in their trading account (not Main Account).
All the above steps can be performed on the Spotlight page before the start time of the Token Sale.
How To Purchase Using The KuCoin Spotlight Page
1. After confirming that all criteria are meet and completed, ‘Coming Soon’ will be displayed. Or it will display “Unable to proceed the purchase; please complete the following criteria.”
2. If the activity has begun, users will be capable to select the purchase amount and click ‘Purchase Now’ to join the token sale.
3. To validate the purchase, users are required to input their trading password, then check the amount and total price before clicking ‘Purchase Now.’ Once the order proceeds successfully, there will be a message confirming the purchase.
4. To check users’ purchase history, they can just visit ‘Purchase History’ in the upper right area of the website.