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Tokenbox co-founder, Vladimir Smerkis, announced that the first 10 funds to be registered on the Tokenbox platform will receive a $6 million grant from the Tokenbox team. The project TGE (ICO) is planned for November 14th.
The amount of investorsâ€™ funds planned to be raised at the Token Generation Event is limited to $20 million. As stated by the Tokenbox team, 30% of investments are set to connect the very first fund managers and the Reserve Pool Funding. In case of maximum fund-raising, $6 million will be sent as initial investments to the funds selected by the Tokenbox team, according to a Due Diligence procedure.
It will include up to 10 funds with optimally diversified strategies and associated risks.
These investments should also be considered as the marketing costs necessary to attract professional management partners to the Tokenbox platform. The revenues and assets of these funds, if necessary, can be used to maintain the liquidity of TBX tokens, as well as to extend the functionality of the platform.
Thus, the first Tokenbox partners, both funds and traders, will have an opportunity to receive significant management funds, while using an alpha version of the platform.
Newly developed trading terminal, co-created by Tradingview and Tokenbox teams, perfectly balanced multicurrency portfolio, fundsâ€™ tokenization, legal transparency and mandatory KYC-verifications are named among the main advantages of the Tokenbox.
Tokenbox was given a â€œStable+â€�, high-quality assets rating category by the ICOrating agency. Top analysts of cryptomarket recommend to buy TBX tokens for long-term portfolios.
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
The post PR: Tokenbox Platform to Invest $6 Million into Crypto Funds Development appeared first on Bitcoin News.
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Author: Bitcoin.com PR