EXMO Cryptocurrency Exchange and ZigZag Decentralized Finance Service team announce the IEO (Initial Exchange Offering) of the ZAG token. The IEO will take place on the 26th of September at 5 p.m. UTC.
26.09.2019 – 5 USD per 1 ZAG
(the exact price of one coin in BTC will be set on the IEO day at 4 p.m. UTC )
IEO tokens amount:
26.09.2019 5 p.m. UTC
27.09.2019 5 p.m. UTC
Current token emission: 1 000 000 ZAG
Number of the circulated tokens: 0 ZAG
ZigZag is a decentralized financial service that simplifies transborder payments.
Millions of people annually leave to work abroad. They send billions of dollars home, losing 4-15% on each transfer. ZigZag service goal is to simplify the mechanism of these transfers and to reduce fees. Just purchase the needed amount of ZIG tokens
and send them via a simple native application or any cryptocurrency wallet. The recipient of the ZIG token can easily Withdraw it to a bank account (the credit card) or receive cash at the partner points (shops, gas stations, etc.). The project's
goal is to make all the transactions as transparent as possible. The system runs on the EOSIO blockchain, and cross-border payments are carried out in ZIG tokens.
The system's stability is guaranteed by the ZAG voting token. Using a balancing algorithm, ZAG coin holders with large token amounts will provide stability of the ZIG's value. Such balance is carried out via the smart contract, where the executions
are guaranteed by ZAG token balances. Activities through a second smart contract are encouraged by additional ZAG tokens. ZAG token holders are rewarded for ensuring the system's stability. The TOP-21 coin holders will receive the biggest
The initial exchange offer is a token sale that is held at the exchange. The key difference between IEO and traditional ICO is the emergence of the exchange as an intermediary of the process. The exchange team conducts due diligence and technical
verification of the project and tokens, assesses the investment attractiveness and potential of the project, and then announces the start of the token sale on the exchange. Those who want to purchase tokens do not need to send funds to a smart
contract (as it was in ICO), but register on the exchange and buy coins immediately from their personal account.
EXMO recalls that cryptocurrency investments are at high risk. EXMO team is trying all the best to ensure that only reliable cryptocurrencies are traded on the platform. Please, be attentive, the company is not responsible for your losses as a
result of trading operations. Remember that each user is personally responsible when choosing a project for investment.