Event of the year: after the first IEO on Bittrex

For the first time for all history of existence of exchange customers Bittrex International will be able to participate in the Initial Exchange Offering (IEO). The company will sell RAID tokens directly from the Issuer. Announced earlier today representatives of Bittrex in the official blog. IEO kicks off March 15 at 10:00 Korean time, that is 5:00 GMT.

How will the event

Registered users will be able to acquire XRD using Bitcoin directly through an exchange. The project is a blockchain startup from the gaming industry. Using RAID gamers will be able to receive a reward for sharing valuable information that will help in the development of new technologies.

We focus on the adoption and promotion of industry of the blockchain. Projects such as the RAID completely change the rules of the game, allowing you to improve, to bring new and promote eSports in our platform.

The representative of the International Bittrex bill Chihara noted that in the future the exchange plans to hold several promising IEO. Co-founder Kim Taesung supported his colleague.

For a first IEO on our platform is a great honor for us, considering all the obstacles we have overcome to bring today into reality.

Characteristics IEO RAID:

  • hardcap — XRD 17 billion (approximately $ 6 million);
  • the total number of tokens— 100 000 000 000 XRD;
  • the price during licensee — 0,00000010 BTC.

Source: Reddit

For individual accounts have some limits: the minimum investment amount equals to about 10 dollars (30 000 XRD), the maximum — 20 thousand dollars (57 000 000 XRD). If the successful achievements hardcap during IEO will be sold off 17 percent of the total number of tokens. Their issue will take the Singapore company PTE ONERAID. LTD. The distribution of coins will occur within 14 days after the end of licensee.

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