For the First Time, Verified Bittrex International Users Will Be Able to Purchase Tokens at a Fixed Cost Directly from the Issuer on the Platform
RAID and Bittrex International announced that the Bittrex International digital asset trading platform will host the upcoming Initial Exchange Offering (IEO) of RAID’s XRD token. The initial exchange offering will be used by RAID, an international gaming data blockchain project, to develop new technologies that reward gamers for sharing data that fosters improvements, marketing and new business development for gaming companies.
The IEO will officially start at 10:00 a.m. KST on Friday, March 15th. Details: https://international.bittrex.com/Market/
Authorized users will be able to purchase XRD tokens using Bitcoin (BTC) directly on Bittrex International, the secure, reliable and advanced digital asset platform based in Malta. The offering marks the first IEO to be hosted on the Bittrex International Platform.
“We are committed to increasing adoption and moving the blockchain revolution forward. The ability for projects like RAID to innovate, advance, and promote the gaming industry on our platform is a game changer for all involved,” said Bill Shihara of Bittrex International. “And not just for RAID and our team. Now our international users have direct access to blockchain projects with the peace of mind that comes from Bittrex International regulated in Malta. We are excited about this IEO and look forward to helping similarly innovative teams connect with users to build their platforms for the future.”
“To have our IEO be the first of its kind on Bittrex International is a tremendous honor, considering their reputation and the highly selective process we went through to get here today,” says RAID’s co-founder Taesung Kim. “We, along with our core partner OP.GG, view this as a vote of confidence in our vision for this project and the gaming industry. This IEO will be crucial to making a more transparent gaming data ecosystem, and the businesses needed to achieve it, a reality.”
RAID (XRD) Initial Exchange Offering Details
Fully verified Bittrex International users can participate in the RAID IEO beginning at 10:00 a.m. KST on Friday, March 15th. New customers can sign-up at https://international.bittrex.com. The hard cap is 17 billion XRD, which amounts to ~6 million US Dollars. For individual accounts, there is a 30,000 XRD (~10 USD) minimum purchase amount and a 57 million XRD (~20,000 USD) maximum purchase amount. In the IEO, 1 XRD will be offered for 0.00000010 BTC. The amount of tokens sold during the IEO, assuming the hard cap is reached, will represent 17% of the total token supply. XRD tokens will be issued by ONERAID PTE. LTD, a Singaporean Company. Additional details can be found below.
|Hard Cap||17,000,000,000 XRD (~5,950,000 USD)|
|Total Token Supply||100,000,000,000 XRD|
|Token Sale Price||0.00000010 BTC|
|Vesting Period||No vesting period / No lockup|
|Per Account Maximum Purchase Amount||57,000,000 XRD (~20,000 USD)|
|Per Account Minimum Purchase Amount||30,000 XRD (~10.5 USD)|
|Token Distribution||Within 14 days after token sale ends|
|Token Sale Start Time||2019/03/14 6:00 PM (PDT)
2019/03/15 1:00 AM (UTC)
2019/03/15 10:00 AM (KST)
|Token Sale End Time||When Hard Cap is reached or at the set time of:
2019/03/17 5:00 PM (PDT)
2019/03/18 12:00 AM (UTC)
2019/03/18 9:00 AM (KST)
RAID, along with core partner and gaming analytics provider OP.GG, aims to give game data ownership back to users using blockchain technology and the token economy. As a result, our goal is to create the decentralized game data ecosystem where data can be freely exchanged amongst users. Also, by leveraging the game data ecosystem, we plan to promote and develop new businesses such as advanced game marketing, game data analysis, and game distribution platforms. Learn more at https://xrd.gg/.
About Bittrex International
Bittrex International operates a secure, reliable and advanced digital asset platform built on Bittrex’s cutting-edge trading technology. Our mission is to be a driving force in the blockchain revolution, increasing adoption of this innovative technology around the world. This international trading platform operates within the regulatory framework established by the European Union and Maltese Government, including the Malta Virtual Financial Assets Act. The company will apply to the Malta Financial Services Authority to become a regulated Virtual Financial Asset exchange. Learn more at https://International.Bittrex.com.
Editor in chief at Ulterier.com. MSc in Internet meme, for real. Digital aficionado, likes well-turned phrases, wasabi peas, and Wes Anderson.