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The current, unregulated state of the crypto market has made it all but possible for banks and other financial institutions to fully operate within it. Demand for cryptocurrencies is at an all time high and the market is projected to continue to grow. However, the lack of clear rules and regulations have greatly hampered the growth of the market, restricting its interaction with the mainstream market.
Knock-on effects of this have included decreased liquidity, (which is essential for the efficient operation of any financial market, let alone one which runs on the principles of efficiency and being streamlined), and lack of input from institutional investors, considering the extreme accountabilities and large risks associated with institutional fund management.
B2Bx is the world’s first cryptocurrency exchange-aggregator connecting banks, brokers, funds and other financial institutions to a regulated, blockchain exchange marketplace. B2Bx will enable Forex and DMA brokers, hedge fund managers, and other professional market participants to legally operate in the crypto market through licensed accreditation, acting as a guarantor of reliability for customers.This will open up the Cryptocurrency sphere to institutional investors, and will mark a cornerstone in the normalisation and advancement of the industry for years to come.
B2Bx Token Sale and ICO
To fund the development of this platform, B2Bx launched a public crowdsale, which commenced October 2nd and was able to successfully secure its soft cap of €5 million in the first week. The crowdsale is scheduled to end on November 17th 2017. During the entire ICO period, 40,000,000 B2Bx tokens are available, at a conversion rate of €0.63 per token with a hard cap of €25,000,000. Tokens can be purchased using BTC, BCC, ETH, LTC, DASH, or XMR. The minimal token purchase per participant is 10 tokens with no maximum limit. All unsold tokens will be burned 48 hours after the close of the ICO and no other tokens will ever be issued by the company.
B2Bx will used the funds realized from the ICO to secure licenses that will allow it legally operate in the market, established key industrial partnerships, expand its technical and support team, and also fully develop its platform. For those who are keen to get a first look at the model, B2Bx has a working version of its platform for users to test and try out its functionalities.
Will you be contributing to the B2Bx ICO? Let us know below.
Learn more about B2BX at – https://www.b2bx.pro
Access the B2BX Whitepaper at – https://www.b2bx.pro/docs/b2bx_white_paper-en.pdf
Find B2BX on Bitcointalk at – https://bitcointalk.org/index.php?topic=2149935
Follow B2BX on YouTube at – https://www.youtube.com/channel/UC4KhGwIE_hoteTMqNjarBVw