It has just been confirmed, the Geco.one project has made U-turn and has chosen the partially change its SALE strategy.
After the extensive discussion with CEO, Marcin Wituś, we can make the official announcement regarding this topic.
So what is the BIG news?
Lets cut to the chase, any day now we will be launching our Private Sale platform so you can take this opportunity and become a GEC hodler at the early stage for a discounted price, but that’s not all!!!
Geco.one is Launching its IEO on multiple exchanges at the same time this year!!!
So what does it mean for me?
As an early investor, you’ll be able to trade with the GECoins very soon on multiple exchanges, meaning that You won’t have to wait for long to get a return on your investment if you require so!
But what is IEO anyway?
IEO — An Initial Exchange Offering, as its name suggests, is conducted on the platform of a cryptocurrency exchange. Contrary to Initial Coin Offerings (ICOs), an IEO is administered by a crypto exchange on behalf of the startup that seeks to raise funds with its newly issued tokens.
As the token sale is conducted on the exchange’s platform, token issuers have to pay a listing fee along with a percentage of the tokens sold during the IEO. In return, the tokens of the crypto startups are sold on the exchange’s platforms, and their coins are listed after the IEO is over. As the cryptocurrency exchange takes a percentage of the tokens sold by the startup, the exchange is incentivized to help with the token issuer’s marketing operations.
IEO participants do not send contributions to a smart contract, such as governs an ICO. Instead, they have to create an account on the exchange’s platform where the IEO is conducted. The contributors then fund their exchange wallets with coins and use those funds to buy the fundraising company’s tokens.
source: https://cryptopotato.com/what-is-an-initial-exchange-offering-ieo-and-how-it-differs-from-ico/
This solution guarantees listing and liquidity to the GEC token, making it a real asset at the early stage of project development.
So, is it SAFE to invest in Geco.one?
In short, YES! It is the safest way to invest in cryptocurrencies at present. You are guaranteed to be able to trade with GEC token on multiple exchanges very soon.
We are reserving the rights of announcement of the exact dates of IEO and participating exchanges that will perform it for us.
Imagine giving your money to a trader, so he can make a profit for you when he makes one for himself — introducing cryptocurrency PAMM accounts by Geco.one.
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