Economy

BlockchainFX Raises $7.24M in Monumental Presale Round

Emerging blockchain enterprise BlockchainFX has made a significant splash amongst the crypto community, unveiling news of having amassed an impressive $7.24 million during their presale round. This presale is a pivotal step towards the launch of their innovative digital token. Announcing the number of contributors, the firm has stated that it has received funding from a pool of above 9,021 entities. The presale rate of the token was maintained at $0.023.

The presale comes in the aftermath of the beta release of BlockchainFX’s apex asset, the $BFX token. Subsequently, the crypto platform facilitates trading across a multifaceted network of over 500 financial assets. This vast array of trading potential includes cryptocurrencies, equities, forex and commodities.

The blockchain firm also solidified the launch price of $BFX at $0.05. This action clears the way for investors who purchased $BFX during the presale phase, enabling them to swiftly initiate gaining from staking yields and regular USDT returns through the platform.

Funds gathered during this presale event, amounting to above $7.24 million, represent nearly 96.57% of the $BFX token’s preliminary capital target. Contributors to this presale count, up to the present moment, surpass 9,021.

BlockchainFX has instilled a convenient framework permitting prospective investors to join the presale through different avenues. Contribution bands initiate at the value of $1,000 for the starting, Novice level. It ascends to peak at the $100,000 mark, the Legend tier, and dispenses perks like NFTs, extra credit up to 80%, and trading credits.

Bearing a deflationary system, the $BFX token disperses 70% of trading revenue back to its community. The management of these returns sees 50% of the fees allocated to staking pools, disseminated daily in BFX and USDT. The remaining 20% go into supporting daily buybacks, and every alternate token acquired this way eventually gets retired permanently.

The comprehensive supply of $BFX tokens is capped at 3.5 billion, in compliance with the ERC-20 protocol. To ensure full transparency and clear tracking, the company has also shared the official token contract address: 0xD0d801eEa2c2422dF3e626b82EBBb618f4Cc445e.

Token purchases made during the course of the presale will be disseminated following the closure of the event. Participants interested in obtaining tokens in the presale can conveniently do so by connecting their decentralized wallet.

In its current form, the BlockchainFX platform is live in beta, and supports hassle-free access to above 500 financial assets. This single platform capability is designed to foster a simplified, streamlined trading environment.

Coming at the cusp of an accelerated blossoming of crypto, the emergence of BlockchainFX on the crypto stage is indicative of the increasing acceptance and application of decentralized asset exchange platforms. It’s noteworthy that the platform has already demonstrated an impressive presale performance.

With over 9,021 contributors participating, the presale execution signals not only the promise of the platform but the increasing appetite of investors for sophisticated, broadly accredited decentralized trading infrastructures.

The $BFX token’s price confirmation at launch and the strong presale performance underscore the potential of this crypto asset. It is anticipated that early investors will perceive a significant upside following its official launch.

Investors can look forward to a lucrative opportunity of gaining through staking rewards and periodic USDT payouts, offering a robust utilization of the BlockchainFX platform, setting the stage for potentially successful returns in the future.

Moreover, with the deflationary framework to manage the token value, the $BFX token ensures that investors enjoy a high value for their assets, apart from providing buoyancy to trading morale within the BlockchainFX community.

All in all, the launch of the BlockchainFX platform, it’s successful presale performance, versatile asset offering and a promising $BFX token offer a glimpse of the potentiality of this pioneering blockchain entity. Post presale, the distributed tokens and the ensuing platform utility promise to further fortify the viability and reach of this promising blockchain enterprise.

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