Details for the Initial Exchange Offering (IEO) for NuMoney Coin (NMX)

Hello,

As you all know, NuMoney Coins will be sold via an initial exchange offering. In this article, I will explain how the initial exchange offering will be carried out.

What is NuMoney Coin?

NuMoney Coin is an exchange coin on NuMoney Exchange that grants you 65% discount of fees

NuMoney Coin

• Total supply:  2,500,000,000

• Price per coin: US$0.01

• Soft cap: US$2,000,000

• Hard cap:  US$12,750,000

• % available for sale: 51%

• Smart contract address: 0xa357d572b77d321a9be38f9c9080fc26f16ef340

Initial Exchange Offering

NuMoney Coins will be sold via an initial exchange offering (IEO). That means to say that they will be sold on NMX markets on NuMoney Exchange.

Schedule

Public sale for NuMoney Coin from 3rd August 2018 to 28th September 2018.

• 775,000,000 tokens will be available for public sale during this period.
• Coins will be released 4 times everyday, on business days, for a total of 41 business days.
• 18902440 coins will be released every business day.
• Coins will be sold on 5 different markets
  • SGD-NMX
  • IDR-NMX
  • MYR-NMX
  • NMX-ETH
  • NMX-BTC
• 945122 coins will be released into each market, at each release event

A non-exhuastive schedule

What happens to unsold tokens?

Unsold tokens will be redirected into the pool of NuMoney Tokens to be released for Trade Mining incentives.
 

When will the coins be tradeable?

Coins purchased via public sale are immediately tradeable on 1st October 2018.

Coins sold via Private Sale

Coins purchased via private sale are tradeable on 1st December 2018.

Bounty Coins

Coins rewarded via various bounty programme will be credited from 1st April 2019 onwards

For more information on NuMoney Coin (NMX) and the Initial Exchange Offering (IEO)

• Read Whitepaper
• Read about Buyback Scheme for NuMoney Coin