WolfpackBOT: Initial Exchange Offering (IEO) to Start in Less than 20 Hours
One of the major advantage Wallstreet traders have over retail trader is their trading algorithms developed by the best minds in the world. Contrary to popular opinion the amount of money investment houses on Wall Street have, has very little to do with their success. This is why the development of solutions like WolfpackBOT should be celebrated greatly, especially for retail traders who can’t afford to employ a coder to automate things.
Trading cryptocurrency rather than being a long term investor who has to wait for the bulls to take over before money is made is one of the best ways to capitalise on the volatility the crypto market is offering right now.
This method of earning in the crypto market has not gained so much popularity mainly because it is a bit complicated and requires months if not years of training.
Using the WolfpackBOT Trading Software the reverse is the case. Everything is simplified and you can start trading as soon as you can access the platform. For those interested, there is an ongoing two-month free subscription. You can check it out on the project’s official website
WolfpackBOT’s Initial Exchange Offering (IEO)
Wolfcoin is the coin that fuels all of WolfpackBOT’s projects. This utility, coupled with the reward systems with mining and Masternoding capabilities, makes the use of Wolfcoin potentially appealing to all WolfpackBOT users who are interested in receiving additional Wolfcoin for subscriptions, merchandise and other rewards such as passive cryptocurrency portfolio growth.
As a result of this, it is important to promote the use of the coin across multiple platforms. To ensure the coin is well distributed and bring in more investors to the project, the WolfpackBOT team has decided to launch an IEO.
What is an Initial Exchange Offering?
An IEO is an Initial Exchange Offering and is the new standard for cryptocurrency crowdsales. An IEO introduces a cryptocurrency exchange into a project’s efforts in a much more direct manner than in a traditional crowdsale. Importantly the exchange becomes a major part of the crowdsale process enabling cryptocurrency projects to issue coins directly on the platform, with the coins being distributed directly by the exchange.
This further breeds trust as the crowdsale is been conducted on the cryptocurrency exchange, as a result, the exchange has to do thorough screening process for every project that seeks to launch an IEO on its website. Exchanges do this to maintain their good reputation by carefully vetting cryptocurrency projects.
The IEO which is expected to start in less than 20 hours from now will last from May 5 to May 7 2019. The IEO is going to take place on these two exchanges: Biger and BTex. WOLFcoin will be trading on these exchanges after the first round of IEOs. And once the IEO stages are completed, wolfcoin will start trading on three other exchange: ExRates, P2PB2B, Local trade.
According to information found on the project’s official website, the fixed price of Wolfcoin for the IEO is $0.008. If all goes according to plan, the price is expected to rise significantly ones the IEO is over.