Spain-based bitcoin/crypto trade platform Bit2Me has introduced the launch of B2M, its native token. Within the last step earlier than the general public sale, set to happen beginning on September sixth, the corporate not too long ago accomplished a seed funding spherical amongst non-public traders through which it has raised €2.5 million.

Bit2Me helps 50+ cryptocurrencies on its platform, together with Ethereum, Cardano, Polkadot, Dogecoin, and Uniswap. Moreover cryptocurrencies, its pockets helps euros. Since its founding, Bit2Me has carried out operations value greater than €1 billion and has energetic shoppers in additional than 100 nations.

A complete of 5 billion tokens with a nominal worth between €0.01 and €0.002 per token will likely be supplied. The general public issuance will start on September sixth, 2021, and finish on September 30, 2021. The tokens will be bought by Bit2Me’s web site, the place the token’s whitelist and whitepaper will be accessed.

Token Attributes

Holders of the required steadiness of B2M tokens will get pleasure from a reduction of as much as 90% on providers corresponding to exchanges in Bit2Me Pockets and Bit2Me Commerce, authorized tender deposits and withdrawals, Bit2Me Card issuance and use, coaching at Bit2Me Academy, blockchain transfers, and OTC buying and selling.

As well as, customers will be capable to pay the utilized charges with their B2M token steadiness. By doing so, they may get an excellent larger low cost on every Suite payment. A mixed payment scheme will likely be applied between the quantity of B2M tokens held and the quantity traded within the final 30 days.

Additionally, crypto-assets could also be lent to 3rd events in trade for the corresponding return. These customers will receive advantageous circumstances on this service in the event that they resolve to gather these returns in B2M token. Furthermore, customers who make purchases from Bit2Me companions with their card will likely be reimbursed a proportion of the acquisition on the finish of the month. This proportion will likely be greater for these customers who’ve tokens of their steadiness and need to obtain this refund in tokens.

Governance and Benefits for Token Consumers

Bit2Me could embody the performance to make use of the B2M token to permit customers to vote on Suite options, corresponding to new cryptocurrencies, including retailers to {the marketplace}, debit playing cards refunds. Then again, entry to among the new cryptocurrencies and options within the Bit2Me suite could also be supplied first to token holders, in addition to to airdrops from accomplice tasks that search to work with Bit2Me’s consumer base.

Token Sale Part

Distribution:

  • 1st Part Providing 1: 10%
  • 2nd Part Providing 2: 10%
  • third Part Providing 3: 5%
  •  Group: 10%
  •  Platform Reserve: 30%
  •  Non-public Seed Spherical: 10%
  •  Advisors: 8%
  •  R&D Ecosystem: 7%
  •  Airdrops: 2%
  •  Companions: 8%

Token Data:

  • Title: Bit2Me Token
  • Image: B2M
  • Blockchain: Ethereum (ERC-20)
  • Max. Provide: 5,000,000,000
  • Eventual burn occasions of tokens owned by Bit2Me

Funding in R&D and Enlargement

Bit2Me will use a major a part of the cash raised to develop the R&D group to supply enhancements by its providers Suite. This primarily consists of recruiting specialists and builders, technical patents, and the safety of mental property rights. On this means, the corporate will be capable to add new protocols and blockchains to its ecosystem in an agile and expedited means.

One other Bit2Me goal additionally consists of the enlargement of its mannequin to different geographical areas to construct the ecosystem and supply industrial worth in Spain, the European Union, Latin America, and Africa.

As well as, Bit2Me will allocate assets to publicize its instruments and to disseminate cryptocurrency know-how to let customers know its benefits and to attain model recognition. One other vital a part of the funds raised will likely be utilized in sizing the gross sales and operations groups.

Skilled Group

Bit2Me is comprised of a extremely certified employees, which was only recently re-inforced with the addition of Zeeshan Feroz as a strategic advisor. Zeeshan has intensive expertise on the earth of cryptocurrencies. He was accountable for establishing and rising Coinbase’s enterprise exterior the US; and now works carefully with Leif Ferreira, Co-Founder, and CEO of Bit2Me, and Andrei Manuel, Co-Founding father of the platform.

Others which are a part of the Bit2Me group embody Rodolfo Carpintier, entrepreneur and web determine in Spain; in addition to a former investor in Tuiter and BuyVIP (corporations acquired by Telefonica and Amazon). Additionally on the group are Pablo Casadio, an investor with greater than 20 years of multinational expertise in varied fields of FPA & BD for Otis Group, FSO at E&Y, and Capital Markets at PWC; plus Koh Onozawa, entrepreneur and director at Docuten.

“After including greater than 20 options to our Suite and having outdone ourselves 12 months after 12 months since 2015; we’ve taken the choice to go one step additional. The Bit2Me (B2M) token marks a turning level in our profession, driving us in direction of our purpose, to convey cryptocurrencies nearer and supply crypto data and administration options which are simple to grasp and accessible to everybody. We maintain working for you as a result of because of your help our venture is sensible. Thanks for selecting us!”
– Leif Ferreira, CEO of Bit2Me



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