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ProBit exchange launches NUVO IEO for 1 month

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ProBit Exchange Launches NUVO IEO for 1 Month
Source: Probit

ProBIt Exchange has been making waves with their impressive IEO platform and will now turn their Midas touch towards the NUVO IEO. NUVO intends to completely disrupt the current social media experience by implementing region-specific platforms that are enriched through user incentives, highlighted by Jamaa, their flagship platform for the Africa region.

The platform aims to provide a truly user-centric platform with content curation and direction dictated by the actions of their individual communities based on several key features.

  • A censor free and privacy-focused decentralized social media and messaging platform
  • Token values that may increase exponentially as the popularity of platform increases and token scarcity becomes a factor
  • Network development will be heavily influenced by token-based user voting
  • High level of integrity by requiring participants to truly commit to the network
  • Demand for influence may raise the value of tokens that become increasingly difficult to earn
  • More NUVO tokens equate to more influence on the social media platforms built on NUVO Blockchain

Purchasing NUVO token is purchasing a stake in the future of the decentralized web, as an open platform for sharing, communicating and expressing freely.

The NUVO IEO kicked off April 12 at 15:00 KST on ProBit Exchange and will run until May 13, 14:59 KST to allow for all investors to complete their NUVO purchases at a price of $0.0025/NUVO. During the IEO duration, IEO participants will be able to unlock a wide range of complementary bonuses including a 10% bonus for PROB transactions and 5% for investors purchasing with USDT, BTC, ETH, XRP, and STEEM.

A promotional token sales event called the NUVO Buying King Event will also run alongside the IEO. The event will airdrop 1.2 million NUVO tokens to the top 10 purchasers during the IEO, with the top slot earning 360,000 NUVO.

Finally, an exclusive referral program provides yet another excellent source of additional NUVO rewards with users eligible to earn 1% of all NUVO tokens purchased through their referees. With ProBit Exchange coming off exemplary campaigns for a variety of clients including SPIN, Steemhunt, and Linix, they will be looking to add NUVO to the list of sellout IEO sessions.

The ongoing NUVO IEO can be accessed here.

About NUVO

NUVO provides a platform for Jamaa, a token-incentivized social platform that helps establish a strong blockchain-based social media experience. The decentralized social media platform aims to completely transform the user experience to reward user participation and maintaining quality content through the three pillars of Community, Fairness, and Expression.

About ProBit Exchange

ProBit Exchange is a global cryptocurrency exchange. ProBit Exchange only lists promising, qualified and deserving cryptocurrency projects. ProBit Exchange boasts order matching the speed of over 1.5 million orders per second, superb security supporting hardware security keys and a customizable user interface.

ProBit Global

ProBit Korea

IEO at ProBit Exchange

ProBit Exchange is able to support an IEO with more than 5 currencies, multiple sales round, different bonus rates, and various lock-up structures. The funds received are stored with the same high-level protections that ProBit Exchange uses for exchange’s deposits.

Preferential listing treatment is given to projects that conduct IEO on ProBit Exchange.

For more information on running an IEO at ProBit Exchange, please send an email to us.



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Press Release

Are Blockchain Casinos on the rise?

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Are Blockchain Casinos on the rise?
Source: Pixabay

Over the years, the online casino industry has gone through many changes with new technology allowing for better payment methods and software on the sites. One of the newer additions to online casino sites is blockchain and sites that use this.

Here, we are going to discuss whether we think that blockchain casinos are on the rise or not. Keep reading if you’d like to find out more about these casino sites.

What Is A Blockchain Casino?

Blockchain technology is essentially a system that allows digital information not to be copied when it is being distributed. This technology originally started out as a method for Bitcoin which is a cryptocurrency and now is present in many online casinos. Blockchain was first invented in 1992 and since then it has come a long way.

A blockchain casino is a safe and secure casino that uses this special technology to pass the information on. There are many new casino sites that are already using blockchain technology but is the number of these still rising?

Why A Blockchain Casino?

You might be wondering about the advantages of blockchain casinos and why many casino operators are making the switch to this technology. The main reason for this is that there are many advantages to using this technology. Firstly, there is more transparency and trust and there is also a reduced risk of fraud.

This is something which is very important to many players at online casinos as they want to make sure that they are not passing their details onto a company that is going to sell it on.

When a casino uses blockchain technology, they can also allow players to make payments with cryptocurrencies like Bitcoin which are becoming even more popular in recent years. Of course, there are many other advantages of using a blockchain casino both for the player and the operator. For this reason, we have seen a rise in the number of blockchain casinos online right now.

Issues With Blockchain

There are some minor issues with blockchain casinos that operators are working hard to resolve as soon as possible. The fact that it is new means that there are some general infrastructure issues and the transactions can go through a lot slower than some players would like. Of course, these issues are set to be resolved sooner rather than later.

The Rise Of Blockchain Casinos

From the research done by companies interested in blockchain casinos, it is clear that these casinos are on the rise. In the first quarter of 2019 alone, there was $1 billion of TRON cryptocurrency gambled online. This is a lot of cash and it shows that players are not afraid to try out this new type of casino when it comes to spending their own cash.

Research also suggests that this income came from over 432,000 users which are a lot more people than it would have been in the past when this technology was first invented.

Of course, it is also important to note that the online casino industry is growing at the same time as the popularity of blockchain casinos. It is expected that the online casino industry will earn more than $50 billion this year which is a lot of cash.

With more people playing online in general and the technology improving so much – it is expected that blockchain casinos will become even more popular as time goes on.

Final Verdict

It is clear that blockchain casinos have been on the rise for a while now and they don’t plan on stopping any time soon. As the technology gets more advanced and players can be sure that their details are going to be kept safe, these casinos are set to become even more popular.

On top of this, online casino regulators can rely on technology when it comes to ensuring casino operators are sticking to the regulations. Look out for the rise of blockchain casinos as time goes on and more casino operators start to make the switch to this technology.

We expect more payments being allowed in Bitcoin form as well as the other cryptocurrencies that are gaining a bit of momentum right now.

Source: Buzz Engine

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