* DISCLAIMER: All information is provided only for informational purposes and should not be considered as an investment advice.

ICO Daily (14 Nov): Trade.io Disrupting The Financial Ecosystem

Featured ICO: Trade.io – blockchain trading platform that will disrupt the financial ecosystem and democratize the market

What is Trade.io? 

This project is a breakthrough in the newest blockchain technology, a new trading platform that will change the financial ecosystem and democratize the markets. CEO of trade.io is Jim Preissler.

They use peer-to-peer platforms in order to support the trading of a wide range of assets. This ICO will launch its own cryptocurrency called the Trade Token. Investors can now get this token in their Presale.

The Trade Token

This token can be called a utility enabling hassle-free transactions. A wide range of assets can be traded on trade.io, also, this token acts as a store of value that could become more valuable as the userbase grows and trading on the platform becomes more popular.

Trade Tokens can be used to participate in the trade.io shared liquidity pool to receive daily payouts in FIAT or Cryptocurrency.

Why Does trade.io Need Crowdfunding and How Much Do They Need?

According to trade.io, assets worth more than 5.3 trillion dollars are being traded on a daily basis on Forex. Also, they mention cryptocurrency trading which market cap reached $178.9 billion today – a surge of roughly 850% this year.

Following these numbers, trade.io emphasizes hat the market will just keep expanding and they will issue 500 million tokens. Despite this, their soft cap is 5 million and as of 14 November, the company announced that they have already surpassed this. This funding enables trade.io to execute a multitude of their initiatives. Further funds raised during the ICO will be used to support the expected exponential increase of trading on their platform. Also, they need the funding to fully support IPOs on their platform, as well as ICO projects. Trade.io states that the Trade Token is a funding currency for traders to trade, and it is also a P2P lending currency. All in all, this number of tokens is needed to support the functionality of the platform and maintain enough tokens in the circulation.

They also mention the fact that the bigger token offering reduces the possibility of price manipulation during the early days.  They want to avoid trolling with a small circulation in the market which could hinder the token spread.

The Team

The main members of the team are the following:

Jim Preissler (CEO)

Chien Lee (Board Member)

Damian McDowell (Board Member)

Roy Gutshall (Board Member)

Manmohan Sigh (Chief Strategy Officer)

William Heyn (Capital Markets)

Charles Voltron (CTO)

Luke Szkudlarek (CMO)

Desikan Narasimhan (Chief Engineering Officer)

Ravi Condamoor (Chief Data Officer)

John Valenti (VP Institutional Sales)

Eugene Vaynblat (Operations Manager)

Lori Thodde (Finance Manager)

Kendra Holman (Head Customer Relations)

Simon Choi (Head Of Legal)

Also, trade.io is backed by early adopters: 

Fx Primus – The Safest Place To Trade

Primus – Capital Markets UK

Token Sale Details 

Pre-ICO

7th – 25th of November

Price: 1 ETH = 200 Tokens (0,005 ETH)

ICO

28th November – 15th December

Price: 1 ETH = 150 Tokens (0,006 ETH)

Total Supply: 500,000,000

Tokens for Pre-ICO and ICO: 275,000,000 (55%)

 

 Follow Trade.io on

 

 

Today’s Reading List:

Check Out Our Informative ICO List

Mastercard Seeks Patent For Instant Blockchain Payments Processing

Bitcoin Cash Hard Forks in Bid To Ease Mining Difficulties

Bitcoin’s Roger Ver and Mate Tokay Join NAGA Board of Advisors

Bitcoin Cash Down 33% while Bitcoin Trades Above $6250 

Why ICO Landscape Has Shifted From Bootstrapped Projects

Get daily updates – TwitterFacebook, or Newsletter

Launching an ICO? Contact us to get featured info @ icodaily . net

 

New ICOs

NAMESTARTING DATEICO CAPCURRENCYAMOUNT RAISED% OF CAP
ICOs STARTED YESTERDAY (13/11/17)
HOQU (Presale)13/11/174,925ETH3,59773.04%
CryptoFund13/11/17791ETH10913.78%
ICOs STARTING TODAY (14/11/17)
Dmarket14/11/1766,667ETH
FIC Network14/11/1746,000,000USD
Trippki14/11/1736,000ETH
RootProject14/11/17200,000ETH
Nuggets14/11/17166,666ETH
Viabet14/11/1710,000,000USD
Simple Token14/11/1720,000,000USD
Auctus (Presale)14/11/17400ETH
Tokenbox14/11/1720,000,000USD
Nitro (Presale)14/11/1775,000ETH
ICOs STARTING TOMORROW (15/11/17)
Cryptics (Presale)15/11/17200,000USD
Binary15/11/17TBDTBD
MRAToken15/11/176,250,000USD
DropAnswer15/11/1732,700ETH
GUTS Tickets15/11/1715,000,000EUR
EtherCash15/11/17100,000,000USD
PayPro15/11/1720,000ETH
Crassula15/11/17122,500ETH
Ucoin Cash15/11/17TBDTBD
Charg Coin15/11/17TBDETH
BOCC15/11/171,500,000USD
TokenAI15/11/17183,333ETH
Cryptonetix15/11/1723,800,000USD
Rhovit15/11/17116,550,000USD
Aigang15/11/17
Aphelion15/11/172,000,000USD
Globetrotter Ecosystem15/11/175,000,000USD
Syncfab (Presale)15/11/17TBDTBD
Robomed Network15/11/17100,000ETH
WAX15/11/17160,000ETH
Inspeer15/11/1730,000,000USD
Ice Rock Mining15/11/17100,000ETH
RAFL15/11/1740,000ETH
Freedom Streaming15/11/1765,000ETH
Serenety Financial (Presale)15/11/1715,000ETH
Jincor15/11/1726,600,000USD
Casagram15/11/17400,000ETH
Blockstack15/11/17132,000,000USD

Recently Closed ICOs

NAMESTARTING DATECLOSING DATEICO CAPCURRENCYAMOUNT RAISED% OF CAP
Sharpe Capital (Presale)06/11/1713/11/17140,000ETH
SCF23/10/1713/11/176,175ETH
Proxy23/10/1713/11/17TBDETH3
World of Battles17/10/1714/11/1750,000ETH
Worldcore02/10/1714/11/17100,000,000USD10,774,01410.77%

Tokens Listed on Exchange

NameTicker SymbolExchangeListing DateICO Closing DateStart Trading PriceICO PriceChange since ICOCurrency
Decentbet(DBET)EtherDelta13/11/1723/10/170,0007310,0004+99.88%ETH

Ongoing ICOs

See the Full List of Ongoing ICOs Here