ParamountDax Token sale result Announcement

CryptoCurrency Press Release

1st November 201912:22 pm

Dear Community and partners,

Transparency and accountability have been our guiding principles. We consider it an obligation to keep our investors, users, partners fully informed about what we do.

ParamountDax Token Sale is officially over. We are grateful for the support from the crypto-community and our partners throughout the whole period.

During all stages of the ParamountDax token sale, we sold 24.157.963 PRDX, during three rounds of Token Sale: Pre-ICO with a 32% Bonus in May, Public token sale with 12% Bonus and Private sale with a 35% Bonus in August and September.

This result gives us renewed energy to continue working towards making this one of the best high-frequency tradings.

Total ParamountDax Tokens Sale

The sale officially closed on the 23rd of September 2019 with contributors from all over the world. We got the most attention from our native Europe, as well as Asia from angels investors.

Token sold:24.157.963

Team: → 23.000.000

Bounties: → 2.000.000

Total Tokens: 49 157 963 PRDX

Ideally, we’ve reached a higher cap which will help the project as it allows us to spend more on the marketing and development side.

As we aim to build the best possible product and will stand up to our promises.

What Next?

In December 2019, our exchange will be launched and made available to the public. As you can imagine, a lot of work goes behind creating a platform that is designed to provide you with the best possible trading experience. With that in mind, we are confident in meeting our intended deadline and in delivering a high-quality trading experience for all of our users.

We are evaluating some very interesting Blockchain-based projects to be listed on ParamountDax Exchange. More details will be announced after the listing process has been completed.

All private sale contributors are locked till February 10th, 2020, as opposed to Pre ICO Sale and public sale contributors, who are unlocked immediately during the Launch of the Exchange.

We will work hard to boost the demand for the token and improve the reputation of the project.

Token Burn, (50.842.037) Tokens Will Be Burned

The burning process will start 30th March 2020, every quarter we will use 5% -10% of net profit to burn PRDX Tokens.

The same applies to unsold tokens in the Pre ICO Sale, Public Sale, and private sale, in which (50.842.037) tokens were unsold.

The total supply of PRDX will reduce from 100.000.000 to 49.157.963 PRDX.

It is important to note that, our circulating supply of tokens will be much lower.

With the sale officially closed, we would like to remind everyone once again to NEVER send ETH or BTC to anyone posing as the ParamountDax team. If you see a scam or believe that you may have been scammed please email support@paramountdax.com

In Summary, we would like to thank the community for their warm support. The amount of funding we’ve raised is sufficient to implement all the technologies that we announced in our roadmap for the next few years.

We would like to express our gratitude to everyone, who has participated in ParamountDax Token Sale, for your support and contributions.

We are looking forward to some exciting months and another challenge in the ParamountDax project.

Together, we will make a difference.

Good luck! And see you soon!

Website: https://paramountdax.io/

View MVP: https://staging.paramountdax.com

And here’s how to get involved with the ParamountDax community:

Telegram: https://t.me/joinchat/LNehJxUX9sVoZabNrnaEZA

Twitter: https://twitter.com/ParamountDax

Facebook: https://www.facebook.com/Paramountdax-2024636494500768

Bitcointalk: https://bitcointalk.org/index.php?topic=5137789.0

Reddit: https://www.reddit.com/r/ParamountDax/

THE AUTHOR
Andrey Romanov
Andrey Romanov