1. How people interesting to use cryptocurrency exchange
Many people in the world operate their cryptocurrency in many cryptocurrency exchanges. Some of them are want to get a lot of benefit from their currency. They buy and sell using it. They can get a discount, low price, until a reward after doing many things in the cryptocurrency exchange. All of them separated in some country. Today, every country becomes the home base of the exchange platform. One of them is Invech. Invech grows rapidly in Timor Leste. This situation will help the economic condition in Timor Leste develop and people or inhabitant in Timor Leste can follow what is happening in this era.
2. Invech token
Invech is a platform for cryptocurrency exchange. The local token in this platform is Invech Token (IV). There are one hundred seventy-five million Invech Token is available for the user. Initial Exchange Offering or IEO will run the Invech Token in sixty days beginning from first November of 2018. In phase 2, on thirty days there is one hundred million Invech Token locked in nine months and the user will get ten percent. For phase 1 in thirty days, there are seventy-five million Invech the with a twenty percent discount and locking in six months. Invech Token that will not sell in the Invech will be given to Timor Leste -Invech Foundation in a certain period around three years. There are two kinds of the cap in Invech token. The first is a hard cap, one hundred seventy-five million Invech tokens in sixty million US dollars. The second is a soft cap, seventy-five million Invech tokens in twenty-four million US dollars. The price in the Initial Exchange Offering is different in phase 1 and phase 2. Phase 1 has price around US$ 0.32 after twenty percent discount, and for phase 2 is US$ 0.36 after ten percent discount. There is some token allocation for Invech token, those are:
a. 15% for IEO Phase 1
b. 20% for IEO phase 2
c. 5% for bounty and airdrops
d. 10% for Invech foundation
e. 20% for founding team
f. and the rest is 30% for IEO reserve
besides token allocation, there is also some funds distribution for Invech token, those are :
a. 10% for security, where the team conducts a schedule for review of risk management to protect technical and business process
b. 30% for reserve, it means that the funds are for unexpected use and emergency only
c. 30% for branding and marketing to get more customer and promote Invech. It also covering advertisement activity to make Invech more popular.
d. 30% for developments, maintenance, recruitment, and training. This distribution is to develop the system of Invech, to upgrade it and development budget of the platform.
The explanation above is already clear that Invech token is very recommended to use because of reward, discount and all benefit above. The benefit can be allocated for the customer and develop the economic country of Timor Leste so that it can be upgraded following era.
Details Information :
Website: https://invech.io/
Whitepaper: https://tokensale.invech.io/documents/ieo-whitepaper.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=5052844.0
Facebook: https://www.facebook.com/InvechExchange
Twitter: https://twitter.com/invechexchange
Telegram: https://t.me/InvechOfficial
Username: Ta.Form
Profile Link: https://bitcointalk.org/index.php?action=profile;u=1109350
