Expect 2019 to be a year of rewards!
First, we’d like to wish you Happy Holidays! The end of the year is approaching and we would like to take this opportunity to thank you all.
It was a very busy year for the Blockchain.io team who has been working hard on this project for more than a year now. But it was also an extremely rewarding year. Meeting some of you during the events, interacting with our community on social media, and finally, launching our ICO in September 2018. We are proud of how much we have achieved, and we will continue to work hard to meet your expectations.
2018 Top Achievements
We had a very successful Bounty Campaign. In less than two months, we built a strong tight-knit community that trusts us and truly believes in our project. There were over 20,000 participants in our bounty contest, and our community has grown exponentially since then.
We launched an Ambassador Program. After our successful Bounty campaign, our community kept growing and spreading the word about our project. We then appointed some of our most dedicated members as Blockchain.io Ambassadors, to help us assist all newcomers to our community and allow people to join us at every step of the way to becoming the #1 cryptocurrency exchange in Europe.
We raised $1.5 million during our ICO. Despite the challenging market conditions, we succeeded in raising $1.5 million during the crowdsale, and thus, selling 2.5 million BCIO tokens to 882 contributors. We are immensely grateful to each and every single contributor and member of the community for their support and trust they placed in us.
We developed a beta version of Blockchain.io platform. Shortly after the end of our ICO, we released a Beta version of our upcoming platform. As you can imagine, a lot of work goes behind creating a platform that is designed to provide you with the best possible trading experience. We work hard to provide our users with a high-quality trading experience.
Here is a preview video of the platform:
We hired a Team of 35+ experts. As the project progressed, new talents joined the team: engineers, marketers, advisors, partners…We are now more than 35 people working on Blockchain.io project. We only hire the most qualified individuals to serve our community, and we all share the same ambition to create the Gateway to the Internet of Value. Our Tech Team has been working hard on the platform and doing their best to give our contributors the best user experience, while our Marketing Team has brought more than 36k community members to our main Telegram group. Our advisors and partners have given us great support and professional advices during the entire period of the ICO.
Main Launch of Blockchain.io Platform. Releasing a first version of the exchange will allow us to field test the platform and enhance it to the point where we can offer a fully functional exchange to our users when the platform goes fully live in the next few weeks.
Distribution of BCIO Token. BCIO Token will be distributed in Q1 2019 to ICO contributors. KYC process is required. Contributors will have to create an account with the email address they used to contribute to the ICO. A BCIO wallet will be created automatically in your account, and the tokens will be distributed directly to the wallet. The smart contract was successfully deployed on November 26th, and 100 million BCIO tokens were created back then. Contributors can check the generating transaction on EtherScan.
Dynamic Fee. Any users holding BCIO tokens on the exchange will be provided access to exclusive platform services and discounts, including but not limited to:
- participating in community-wide surveys;
- voting on new token listings;
- and receiving discounted trading fees.
Once the exchange has been launched, trading fees will equate to 0.1% of the value of the trades made. Moreover, depending on the amount of BCIO tokens held, the nominal fee of 0.1% may be further discounted, up to 99%.
Paymium Rebirth. Alongside Blockchain.io platform’s development, we are also working on rebranding our existing platform, Paymium.com. New logo, new website, some new and very exciting things are coming! We are developing a complete ecosystem by taking advantage of the strong complementarity between Paymium.com and Blockchain.io.
We will also develop additional advanced exchange features in 2019.
- Advanced Orders — stop loss, take profit and trailing stop orders as well as self-canceling and expiration orders.
- Cross-chain Atomic Swaps Trading — Our decentralized settlement option will allow traders to execute trade orders via cross-chain atomic swaps, leveraging a cryptographic protocol designed specifically for trading and addressing issues of prior protocols such as front-running and grieving.
- Periodic Auctions — transparent auctions several times a day to bootstrap new currency markets with an efficient price discovery mechanism.
- Proprietary & Peer-to-peer lending [subject to regulatory approval] — traders borrow money from other platform users or from the Blockchain.io inventory for larger amounts.
- Short & Long Margin Trading [subject to regulatory approval] — traders can borrow to open long or short positions — with or without leveraging — guaranteed with a security margin.
Our objective is to become the leading European cryptocurrency exchange by 2020. It is an ambitious goal, and there is still a long path ahead of us, but we are confident that we will deliver a platform that meets the needs of each and every one of you.
Thank you for your ongoing support and trust.
The Blockchain.io Team