BitBay will soon launch IEO launchpad with QARK token sale – Cryptocurrency News

BitBay is set to join the IEO fray and launch tokenized projects through a dedicated portal. The launchpad will support many defining features, including an information hub for investors, project documentation will be rendered, and updates about the upcoming IEO will be provided. QANplatform token will be the first digital asset to be sold via the innovation, designed to assist developers in building smart contracts using their native programming language.

BitBay, the cryptocurrency exchange with a firm user base in Europe, is set to release a tokenized project. The exchange will soon enter the IEO fight as it rises to become an all-in-one-cryptocurrency trading platform.

BitBay’s launchpad will support the quantum-resistant blockchain platform, QAN, and the native QAN platform token QARK will allow the developers to build smart contracts in their native programming language. Concurrently, it will also counter the threat of quantum computing to blockchains. The technology relies on an unusual Proof-of Randomness protocol to enhance scalability and use.

Paweł Sobków, CEO of Pinewood Estonia OÜ, a BitBay platform operator, said, “Our IEO Launchpad has been created to provide investors with an all-in-one-place solution. We deliver complete information about a project, as well as offer a simple process for buying tokens with both crypto and different fiats. By bridging this gap, even novice investors and no-coiners can participate in the sale.”

The project will render various significant features, including the information about the upcoming IEO’s, an information core for the investors to learn more about the projects, data on team members, business models, and more. Besides this, it will also provide project documentation like the whitepapers and pitch decks. The launchpad will come into action from November 18, when 22,222,200 tokens will be available for $0.27 each. The Initial Exchange Offering is scheduled to continue for eight weeks.

Saloni Sheelwant
Saloni Sheelwant treasures to research and write about the new startups and technologies thriving at a very fast pace.

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