The Capital
Published in

The Capital

What is the Value of UNUS SED LEO? — Market Mad House

By Daniel G. Jennings on The Capital

UNUS SED LEO (LEO) is one of many utility tokens they design to monetize a tech company and its platforms.

iFinex Inc. created UNUS SED LEO to provide liquidity to its Bitfinex trading platform. To that end, iFinex launched UNUS SED LEO with $1 billion in exchange and an initial budget deficit of $850 million.

iFinex leveraged its platform by listing the LEO token on Bitfinex on 20 May 2019. LEO has a number of interesting…

--

--

--

A publishing platform for professionals in business, finance, and tech

Recommended from Medium

+30.82% growth: How to Buy BetProtocol (BEPRO) — A Step by Step Guide | Crypto Buying Tips

https://cryptobuyingtips.com/guides/how-to-buy-betprotocol-bepro

Is a Goldman Sachs Cryptocurrency Coming? — Market Mad House

+89.72% growth: How to Buy Spartan Protocol (SPARTA) — A Step by Step Guide | Crypto Buying Tips

https://cryptobuyingtips.com/guides/how-to-buy-spartan-protocol-sparta

Why we need Decred: An inclusive approach to sound money

+36.72% growth: How to Buy DMScript (DMST) — A Step by Step Guide | Crypto Buying Tips

https://cryptobuyingtips.com/guides/how-to-buy-dmscript-dmst

NFT with a cause.

ZBG Exchange Updates

ICOs and Flaming Parachutes

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Daniel G. Jennings

Daniel G. Jennings

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.

More from Medium

U.S. Treasury Launches Campaign To Educate Public About Crypto Risks — Here Is Why It’s Bullish for…

Cryptocurrencies: A Casino Without a Buffet

Blockbuster And The Infrastructure Of Digital Value

3 Bitcoin Flaws That Could Bring the Network Down