Spanish cryptocurrency trading platform Bit2Me announced the launch of its native ERC-20 token B2M. In the final step before the public sale is scheduled to begin on September 6, the company recently completed a seed round of financing for private investors and has raised 2.5 million euros.
Bit2Me supports more than 50 cryptocurrencies on its platform, including Ethereum, Cardano, Polkadot, Dogecoin and Uniswap. In addition to cryptocurrencies, its wallet also supports the euro. Since its establishment, Bit2Me has launched a business worth more than 1 billion euros and has active customers in more than 100 countries.
A total of 5 billion tokens will be provided, each with a face value of between 0.01 and 0.002 euros. The public offering will begin on September 6, 2021 and end on September 30, 2021. website, Can access the white list of tokens and white papers.
Holders of the required balance of B2M tokens will enjoy up to 90% service discounts, for example comminicate In Bit2Me wallet and Bit2Me transactions, Fiat currency deposits and withdrawals, Bit2Me card issuance and use, Bit2Me Academy training, blockchain transfers, over-the-counter transactions.
In addition, users will be able to use their B2M token balance to pay application fees. By doing so, they will get a bigger discount on the per-unit fee. A combined fee plan will be implemented between the number of B2M tokens held and the transaction volume of the past 30 days.
In addition, encrypted assets may be loaned to third parties in exchange for corresponding returns. If these users decide to collect these returns in the form of B2M tokens, they will get favorable conditions on this service. In addition, users who use the card to purchase from Bit2Me partners will receive a certain percentage of purchase compensation at the end of the month. For those users who have tokens in their balance and want to receive a refund in the form of tokens, this percentage will be even higher.
Governance and advantages of token purchasers
Bit2Me may include the ability to use B2M tokens to allow users to vote on suite features, such as new cryptocurrencies, adding merchants to the market, and debit card refunds. On the other hand, some of the new cryptocurrencies and features in the Bit2Me suite may first be provided to token holders, as well as airdrops for partner projects seeking cooperation with the Bit2Me user base.
Token sale stage
- Public Sale 1: 10%
- Public Sale 2: 10%
- Public sale 3: 5%
- team: 10%
- Platform reserve: 30%
- Private seed round: 10%
- consultant: 8%
- R&D ecosystem: 7%
- airdrop: 2%
- partner: 8%
- name: Bit2Me token
- Symbol: B2M
- Blockchain: Ethereum (ERC-20)
- Maximum. supply: 5,000,000,000
- The final destruction event of the tokens owned by Bit2Me
R&D and expansion investment
Bit2Me will use a large portion of the raised funds to develop the R&D team to provide improvements through its service suite. This mainly includes the recruitment of experts and developers, technology patents and intellectual property protection. In this way, the company will be able to add new protocols and blockchains to its ecosystem in an agile and upgraded manner.
Bit2Me’s goals also include extending its model to other geographic regions to build an ecosystem and provide commercial value in Spain, the European Union, Latin America, and Africa. In addition, Bit2Me will allocate resources to promote its tools and disseminate cryptocurrency technology, so that users can understand its advantages and gain brand recognition. Another important part of the raised funds will be used to adjust the size of the sales and operations team.
Bit2Me has a highly qualified workforce, which has recently been strengthened with the addition of Zeeshan Feroz as a strategic consultant. Zeeshan has extensive experience in the cryptocurrency field, was responsible for establishing and developing Coinbase’s business outside the United States, and now works closely with Bit2Me founder and CEO Leif Ferreira and the platform’s founder Andrei Manuel.
Other professionals on the Bit2Me team include Spanish entrepreneur and Internet key figure Rodolfo Carpintier, as well as former investors in Tuiter and BuyVIP (companies acquired by Telefónica and Amazon). The team also includes Pablo Casadio, an investor with more than 20 years of multinational experience in various fields of the Otis Group’s FPA and BD, E&Y’s FSO and PWC’s capital markets; plus Docuten’s entrepreneur and director Koh Onozawa.
“After adding more than 20 solutions to our suite and surpassing ourselves year after year since 2015, we decided to take it a step further. The Bit2Me (B2M) token marks a turning point in our career and pushes us towards Moving forward with our goal: to bring cryptocurrency closer, and to provide easy-to-understand and access encrypted information and management solutions. We have been working for you, because we thank you for your support, our project is meaningful. Thank you for choosing us! “
– Leif Ferreira, CEO of Bit2Me