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Crypto Exchange CoinMargin’s Native MAKES Token Sale Sells Out In Days
Bitcoinist | Nov 12, 2020 | 12:16
The demand for crypto assets has never been higher than it is now in 2020. With such a shakeup in the way the world does business, digital platforms and currencies are becoming more compelling by every passing day.
Round I of the MAKES (MKS) token sale went on for two months. Eager and enthusiastic investors bought all available tokens, catalyzing the achievement of the capital goal within days from the token sale’s debut.
With Round II scheduled for 2021, here’s why the MAKES token is one to watch.
CoinMargin’s MAKES Creating Waves in South-East Asia Crypto Adoption
The MAKES token was designed with a long-term digital future in mind. It features a state-of-the-art technology that can continuously be built upon and improved exponentially beyond initial use cases.
The initial roadmap of applications includes a favorable fee structure, fee redistribution to users, DeFi applications like lending, and a loyalty-adjusted voting architecture.
MAKES is the native crypto exchange token for the CoinMargin cryptocurrency trading platform. The leading South-East Asian company is working to boost adoption and growth in the region and the rest of the world.
Why MAKES Matters And When To Expect Token Sale Round II
CoinMargin has enlisted the backing of international authorities, industry vets, regional opinion-leaders, and some of the greatest minds in the blockchain space as part of its team focused on realizing the future of cryptocurrency technology.
The MAKES token is built to be integrated into the platform’s loyalty system, allowing users to complete quests, earn rewards, and much more. CoinMargin will also enable stakes and social trading for MAKES, and additional features as the community expands.
Round I token sale metrics show that 14,000,000 MAKES (MKS) tokens were sold at a price of $0.10 USD per MKS. Contributions came from all over the globe, stretching across 50 different countries. The largest capital inflows came from the South-East Asian region, underscoring strong support and demand from the local community.
With MAKES being so pivotal to the future of crypto adoption in South-East Asia, it’s easy to see why Round I sold out so quickly. And now, with MAKES making waves across the cryptocurrency industry, more investors are expected to participate this time around, and even more, demand is anticipated for Round II.
CoinMargin says that Round II won’t arrive for another few months, but MAKES is now trading on CoinMargin and ExMarkets.
Learn more about CoinMargin and the MAKES token here.
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