The BlockchainFX multi-asset trading platform has announced a successful token presale, raising over $7.24 million.
Presale Results
The presale recorded $7,242,807.43 in contributions from over 9,021 participants. The presale price was set at $0.023, ahead of a confirmed exchange price of $0.05. Participants can contribute through various cryptocurrencies and card payments.
Token Model and Community Incentives
The $BFX token features a deflationary structure redistributing 70% of trading fees to the community. Rewards include daily payouts and token buybacks. The total supply of $BFX will be 3.5 billion tokens, with presale tokens distributed via airdrop.
Market Positioning
BlockchainFX aims to bridge traditional finance and blockchain by offering access to over 500 assets and capturing a share of the financial market, which processes over $7.5 trillion daily.
BlockchainFX represents an ambitious project that could transform the approach to multi-asset trading, opening new opportunities for users in finance and cryptocurrencies.
