Press releases
Leading Crypto Exchange Platform ABCC to Launch Own Cryptocurrency Token and Referral Program
Bitcoinist | Jun 26, 2018 | 12:00
26th June 2018 – SINGAPORE – ABCC, a leading cryptocurrency exchange, announced its plan to issue its ABCC Platform Token, as well as Referral Program and Pre-Mining Privilege. ABCC aims to use the ERC20 token to build up and further nurture a cryptocurrency investing ecosystem and reward its active users.
ABCC Platform Token will be generated via Trade-to-Mine (ToM) mechanism, i.e. tokens will be mined and generated via trading activities. To reward its users, it will distribute 80% of its income from daily transaction fees to users in proportion to his/her token holding.
Issuance
The total supply of ABCC Platform Token is fixed at 210 million without any future offering. 50% of the total supply will be generated via ToM mechanism. The other 50% of the total supply will be distributed to ABCC Exchange, ABCC team members, investors, and more, at the same pace with ABCC Platform Token generated via ToM mechanism.
Trade-to-Mine Mechanism
ABCC Platform Token will be generated automatically by crypto trading activities on ABCC Exchange.
Transaction Fee Income Distribution
ABCC will distribute 80% of its daily transaction fee income to its users in proportion to his/her token holding.
ABCC Platform Token’s Referral Program and Pre-Mining Privilege will be live on Tuesday, 26 June. The Pre-Mining Privilege will be limited to the first 2,000 users.
Users can invite their friends starting from now to earn ABCC rewards per the rules below:
- Win 10 ABCC Platform Token for every new user that you have invited
- Win Extra 10 ABCC Platform Token if you have invited 5 new users;
- Win Extra 30 ABCC Platform Token if you have invited 10 new users;
- Win Extra 250 ABCC Platform Token and get eligible for pre-mining opportunities (the exclusive privilege to mine when ABCC Platform Token is issued) if you have invited 50 new users cumulatively
ABCC also plans to release its whitepaper by end June, in which it will reveal the fundamental mechanism and differentiate itself from other competitors.
ABCC is founded by Calvin Cheng, a technology and media magnate, and other co-founders with a broad range of experience and track record in Internet, financial services, and management consulting.
For more information, visit ABCC official website at https://abcc.com/ and other official social media handles at:
Twitter: @ABCC_Exchange
Facebook: ABCC Exchange
Telegram:
Telegram EN: t.me/abcc_en
Telegram RU: t.me/abcc_ru
Telegram CN: t.me/abcc_cn
Images courtesy of ABCC
