We are thrilled to announce our plan to launch an Initial Exchange Offering (IEO).
We will run the azultec IEO via several exchanges beginning in May 2019 until early August 2019. IEOs are now considered a better alternative to the ICO because they rely on running the token funding via exchanges. azultec® also wants to give you the opportunity to buy tokens through IEOs. Read our post (see link below) about IEOs to learn about why IEOs are recommended. We will start our IEO with ProBit exchange.
What is an IEO?
IEO relies on running the necessary token funding process via exchanges. Using an exchange makes it easy for both, the project and the investors. Projects can trust investors have already passed the KYC process and the investor can trust that a thorough examination of the project was done by the exchange before listing.
Please read our blog post “IEOs – A new easy form of crypto fundraising” if you want to learn more about IEOs.
IEO Azul Token
We have been discussing with several exchanges to run the IEOs, and have confirmed to proceed with one exchange, and with others, we are still in negotiation. Our IEOs will begin on May 20th, 2019 and run for around eleven weeks via different exchanges. The different exchange information will be announced within the next weeks, as soon as our contracts have been signed.
azultec® IEO begins on ProBit
Our first IEO will be initiated via ProBit from May 20th to 28th, 2019. In the first round, a bonus of 25% is granted. In addition, ProBit also offers its own referral program for all IEO participants which is quite promising.
Accepted are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Tether (USDT) and PROB (ProBit) as a traditional currency.
ProBit is one of the best-known exchange providers in the Asian region and has already successfully carried out a large number of IEOs. Some of them even achieved their goals within a few minutes.
Investors benefit from a reliable exchange platform and do not have to undergo another KYC process if they are already registered with ProBit. In addition, every IEO is meticulously vetted by ProBit.
|Total Token Supply||2,083,333,334 Azul|
|Total IEO Allocation||~ 10% of total Tokens|
|IEO Rounds||1st Round 20-28 MAY at ProBit 2nd Round TBA 3rd Round TBA Further Rounds TBA|
|Sales Price||0.024 USD per Token|
|Hard Cap||5,000,000 USD|
azultec® aims to create a decentralized ecosystem around cloud storage, cloud computing, rendering, and mining. What is rendering? Rendering is the process of creating an image from a model that has been given properties such as texture, color, and material.
The need for rendering performance is enormous, and not just for big software companies or Hollywood studios: 3D animation studios and advertising agencies also require large amounts of computing power to render their productions. Therefore, anyone who can deploy computing power in a cloud network can get paid for this.
Already available: The Cube and RenderMaster® workstations
azultec® already offers two workstations that are optimized for rendering tasks due to their hardware equipment, which includes a total of 8 water-cooled graphics cards. The Cube 300 (product page) is designed for home users and recuperates up to 72 percent of its generated heat, making it a very environmentally friendly solution. The RenderMaster® 300 (product page) in 19-inch server rack format is intended for industrial use and is also equipped with water-cooled components.