The Token Fund creators are up to their new and much-expected project launch – Tokenbox. For the last few months, the team have been developing a multifunctional platform for cryptotrading, uniting traders, cryptofunds and interested investors, offering ready-made box solutions within one ecosystem. Tokenbox TGE will take place at 12 UTС today, on November 14th. To participate please follow the link https://tokenbox.io/, or follow the official Tokenbox Telegram channel https://t.me/Tokenbox.
For TGE there is an early-bird offer with up to 20% bonus in TBX tokens, valid for buyers during the first three hours.
A tailor-made trading terminal, co-created by Tradingview and Tokenbox teams, perfectly balanced multicurrency portfolio, funds’ tokenization, legal transparency and mandatory KYC-verifications are named among the main advantages of the platform.
Tokenbox co-founder, Vladimir Smerkis, announced that the first 10 funds to be registered on the Tokenbox platform will receive a $6 million funding from the Tokenbox team. The amount of investors’ funds planned to be raised at the Token Generation Event is limited to $20 million only.
The amount of managed assets is only limited by the amount of TBX tokens in a portfolio, that is required by the platform’s functionality. Funds and traders should keep the TBX ratio at a minimum 5%.
A rating system will entitle investors to make a balanced decision while choosing a particular fund. It will allow even a small capitalisation fund to compete with larger participants, having a similar rating.
As for the new trading terminal, it is no doubt a tool that the whole cryptomarket longed for. It will give the platform users a gateway into the global digital currency economy, hundreds of currencies on leading exchanges and more than 75 technical indicators from a single account. The software will allow to generate automatic reports for portfolios via messengers. Further development will include price trigger alerts via SMS, E-Mail and In-Browser, as well as third-party services connection.
Vladimir Smerkis, The Token Fund and Tokenbox co-founder: “There is an issue of trust and individual security in the whole system. Our approach is aimed to solve it. We have KYC procedures that everyone needs to pass, such as uploading IDs and database checks. We are in agreement with a number of KYC providers that can perform such checks. We have tokenized our funds, the way it already works at The Token Fund. Funds’ tokens are based on an Ethereum blockchain, ERC-20 standard precisely, and are universal for many services, wallets, and stock exchanges”.
Pavel Salas, regional director at eToro, Tokenbox financial adviser: “Many traditional investors would like to invest into cryptoassets, but don’t know how to enter the market. In my opinion, the Tokenbox can become a company that will open this door for a big number of new investors, help them invest into the cryptoworld safely and in a well-regulated way”.
Professor Wulf Kaal, co-founder of the International Digital Chamber of Commerce, FinTech and LegalTech adviser for Tokenbox: “In my view, the crucial advantage of the platform that I have not seen anywhere else is the combination of KYC for approved traders, legal transparency, ratings in multi-wallets, software security, tokenization choice and smart-contracts with fiat components”.
Tokenbox was already given a “Stable+”, high-quality assets rating category by the ICOrating agency. Top analysts of cryptomarket recommend to buy TBX tokens for long-term portfolios.