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This week saw the latest IEO from EXMO for the token Heartbout which proved successful selling out in 30 minutes.
This is the latest in a long line of successful IEOs hosted by the platform which includes ZigZag and of course, their own native token, EXM. As such, they have continued this good form with this latest IEO for the token of the blockchain-based social network, Heartbout, HP that functions via a unique system of rewards for activity and competition between users.
During the IEO which took place on December 11th, a total 47,395,833 HP, which is the equivalent to 25 BTC, sold out within the space of 30 minutes. These tokens were valued at 0,00000053 BTC, with the option to also buy the via 0,6 EXM with the incentive of a 10% discount if they decided to do so.
Over the course of the IEO, 459 orders were placed during which the minimum buy was 0,00000053 BTC or 24,6 EXM, and the maximum buy was 0.1 BTC or 112031,98 EXM. Although whether these maximums were reached by any of the buyers was not revealed by the platform.
For those of you out there who missed out on the IEO, you can already invest via the normal procedure on the platform. This is because the HP Token was listed on the platform officially yesterday, 12th of December 2019, at 15:00 (UTC). Users will be available to trade in HP/BTC pair via EXMO.
That seems to be all the IEOs likely to come out of EXMO for this year, but after such a successful year for them conducting them, we wouldn’t be surprised to see many more come through in 2020 too. Of course, we will keep you updated as and when these occur.