AscendEX and BitMart onboard TRAXX token ahead of TokenTraxx token sale on Monday
PRESS RELEASE — London, United Kingdom; 18 March 2022
TokenTraxx has announced primary listings for its TRAXX token on two leading trading platforms.
AscendEX and BitMart have onboarded the music NFT marketplace’s TRAXX ahead of the public token sale on Monday, 21st March.
The TRAXX token will be used to pay transaction fees for NFTs purchased on the platform. They will also provide holders with additional benefits on the platform and will be used as an incentive for a TokenTraxx rewards program. More utility functions will be added as the platform grows.
The TokenTraxx BETA marketplace will open on 28th March, a week after the TRAXX token sale. The beta will be open access for the TokenTraxx community to explore the platform ahead of the main launch later this year.
“For the TRAXX token to be supported by such strong and growing partners in AscendEX and BitMart gives further validation that TokenTraxx is set to become a major player in this space. TokenTraxx and Sors Digital Assets are delighted that the TRAXX token has been onboarded by these credible and trusted trading platforms and look forward to long and prosperous relationships with them both,” said Brian Elders, CFO of TokenTraxx.
“Across all industries, we believe in a digital future. Independent artists are taking over the music industry from large record labels, and platforms like TokenTraxx will continue to help them succeed,” added a spokesperson from AscendEX.
Trading will begin under the trading pair (TRAXX/USDT) from 1pm UTC on March 21st 2022.
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Token Traxx Music Limited is not a regulated entity. Ownership of the tokens carries considerable risk and should not be contemplated by anyone who does not have specific knowledge of the use, purpose and transmission of tokens. This email notification is not an offer to sell or promote the sale of tokens. TokenTraxx tokens will be unregulated and will not be sold as an investment. The sale of tokens when it occurs will be subject to satisfactory compliance with all laws and regulations relating thereto and to purchasers entering binding contractual terms. The use of the TokenTraxx platform and participation in the marketplace and use of the TokenTraxx token to engage with the functionality provided by the platform and marketplace will be subject to separate terms and conditions.
TokenTraxx™ is the Trading Name of Token Traxx Music Limited registered in England under Number 13753129