EMX Insider, Issue #8

Posted by EMX Team on Aug 28, 2019 4:29:37 PM

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NOTE: The EMX Token Sale on ProBit has been cancelled since this article was first published. Please join our mailing list or Telegram Announcements channel to keep updated with the latest.

Dear EMX community,

In today’s issue of EMX Insider, we will cover:

  • Our partnership with BN Capital in China
  • Our upcoming token sale with ProBit Exchange
  • Upcoming features and enhancements on EMX
  • Our ongoing trading competition and community rewards programs
  • EMX in the news

 

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Business updates

We’re pleased to announce a strategic partnership with top Chinese venture capital fund, BN Capital. With this newfound partnership, we hope to increase awareness of EMX and maximize our community efforts in China as we expand into the Chinese market.

BN Capital, founded in Shanghai, is a leading venture capital fund focusing on investing in the blockchain and digital assets industry. They specialize in token investment, blockchain advisory, digital assets research, and global PR & Marketing. All the team members are experienced former employees of investment banks or related financial industries.

As a member of both the Nova Club and United Labs (Boutique Asian investment unions), BN has an international reach with coverage in Asia, Europe, and North America. Its portfolio consists of more than 50 top projects, including ETH, Zilliqa, EOS, TRX, Polkadot, and many more. BN Capital has long been honored as a top blockchain investment institution by multiple media.

 

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EMX Token Sale updates

Our Token Sale on September 9 is fast approaching! We're excited to announce that we are partnering with ProBit Exchange, the fastest growing fiat-to-crypto exchange in South Korea, to sell and list the EMX Token. We chose ProBit as a sale partner due to its large and active community of Korean traders, and the ability to list a KRW currency pair for EMX.

Duration: 9 September 2019 at 12:00 UTC - 10 September 2019 at 11:59 UTC

Accepted Currencies: BTC, ETH, PROB, USDT, XRP

Price Per Unit: $0.15 USD / EMX

Minimum Purchase: $1 USD

BONUS: 10% when buying with PROB, 8% when buying with BTC, ETH, USDT or XRP.

You will need to pass ProBit's KYC verification process to purchase tokens. US Citizens/Residents are banned from participating in the token sale.

 

JOIN THE TOKEN SALE

 

Product & Engineering updates

As always, the EMX Engineering team is working around the clock, listening to user feedback and adding new features. We recently launched an EMX Market Summary that provides a quick overview of contract performance over the last 7 days. Check it out at https://trade.emx.com/summary. We also just launched Trailing Stops on EMX, which will improve risk management for all our traders. You can access trailing stops by clicking on "Stop" orders on the order entry ticket.

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We’re also working on listing new contracts on EMX (details coming soon!) - including our first spot market.

Here’s what’s next on the roadmap:

  • Better position sizing / leverage selection tools
  • Trader performance dashboard
  • Spot trading for altcoin/BTC pairs
  • Adding a view of volatility and correlation to the market summary
  • Chart improvements, including a TradingView integration
  • Funding rate / price movement bot for Telegram
  • Two-tiered affiliate program updates

START TRADING

Marketing updates

Our trading challenge kicked off on the EMX Testnet, with over 1,100 participants vyings for $25,000 in prizes. Several influencers - MMCrypto, Bagsy, Gem Club, BitEunsa, Crypto Differ, CryptoSmart, G. Crypto, Gagarin, and many more - have been participating in the competition or helping us get the word out.

If you haven’t joined the competition already, here is a link to the live leaderboard.

As a result, we’ve seen massive upticks in global community growth, from South Korea to Vietnam and Brazil. Now, the total EMX community has grown to 28,000 strong, and the media is noticing our progress. We’re proud to see continued growth, and the response to our exchange has been overwhelmingly positive. We wouldn’t be in this place without our earliest supporters, so thank you all for being with us.

In the coming weeks, look out for more community programs, including weekly giveaways for the most active community members, an Ambassador Program, and more trading competitions.

EMX in the news

EMX co-founders Jim Bai and Craig Austin have been everywhere recently. Here’s a list of some of our most recent media coverage:

  • MMCrypto interviewed CTO Craig Austin. Craig gave an exclusive walkthrough of the EMX user interface, in this video.
  • The highly respected ICO/IEO review website Crypto Calibur reviewed EMX, and gave our project excellent marks.
  • Trading influencer Crypto Rand interviewed co-founders Jim Bai and Craig Austin. Read the full interview here.
  • Coin Telegraph Brazil featured an article about our Testnet Trading Challenge.
  • Craig and Jim answered community Q&As in both the Shin Chan and Crypto Daku channels. Read recaps on our blog.
  • Crypto influencer Diddy Carter gave EMX a glowing review.

For other press articles about EMX, visit our Press site.

The EMX Tokens or any rights to acquire EMX Tokens are only available outside of the United States and to non-U.S. Persons, and are not available to persons with whom, or in jurisdictions where, transactions involving digital assets are prohibited or in many manner restricted by applicable laws or regulations. There is currently substantial uncertainty in various jurisdictions as to the application of securities, commodities, financial, tax, and other laws and any regulations relating to EMX Tokens and digital assets, and the application of other laws and regulations may be fact-specific and subject to change. The EMX Tokens are intended to be offered for use on the EMX Platform. Although not intended to be the offer and sale of a security, there is a significant risk that any offer and sale of the EMX Tokens could nonetheless be deemed to constitute the offer and sale of a security by the U.S. Securities and Exchange Commission or other regulatory authorities. Those who purchase or otherwise obtain EMX Tokens or rights to receive EMX Tokens are required to inform themselves about, and to observe, any restrictions relating to the EMX Tokens and any related documents and communications in such purchasers’ jurisdictions and comply with all applicable laws in connection with any offer, sale, or transfer of the EMX Tokens. Any EMX Tokens obtained may not be offered, sold, or otherwise transferred, except in full compliance with all transfer restrictions, transfer prerequisites, and all applicable laws, rules, and regulations of the transferor’s and transferee’s jurisdictions. In particular, the tokens may not be transferred to U.S. Persons or in the United States, and EMX reserves the right to impose restrictions to prevent any resales that could be deemed to violate applicable laws.

Topics: EMX Insider