Coinsbit Lists Silverway (SLV)
Following our Primary listing on BitMart, we are excited to announce that the Silverway token (SLV) is available for trading on Coinsbit exchange as of [June, 25th]. There are two trading pairs available as of the date of release: SLV/BTS and SLV/USDT.
About Silverway
Silverway is the first integrated provider of trading data and liquidity for private sale tokens. The platform provides professional investors with access to aggregated data and analytics on OTC transactions to support investment decisions and helps buy and sell private round tokens.
Silverway introduces an effective solution to an unstructured and non-transparent market segment, unlocking $4 bn worth of locked value. The current ecosystem already includes 750+ professional investors and hundreds of projects, and could potentially be opened up to far more accredited market participants.
The platform has been created by a team of former Goldman Sachs and Barclays Capital investment bankers and private equity professionals who have been amongst pioneer professional investors in the crypto and blockchain sector. The Silverway team has embarked on a journey to institutionalize the $4 bn private token sales market segment, making it more transparent and safe to invest.
SLV is an Ethereum ERC20 utility token used for fee payment and additional platform purchases and subscriptions. The token ties the platform’s services together and allows Silverway’s investors to leverage platform growth, as every time a token is redeemed for fees or services, the smart contract burns a fixed percentage of the redeemed sum, while the rest is passed on to Silverway. This mechanism ensures that token value is dependent on platform usage.
