CoinMetro Token Generation Event Raises over $14 Million with 2 More Weeks Left

The CoinMetro TGE has been hugely successful so far as various partnerships have been made and the event has attracted over $14 million so far from contributors.

The CoinMetro project has been having a good time since the TGE began.  It might interest you to know that the CoinMetro token generation event raised $4 million within just twelve hours of its launch.

This success is indicative of the fact that the public fully understands that the CoinMetro Project is a real one unlike some other pump and dump schemes.

The team is also looking to create a digital assets exchange platform that will truly revolutionize the entire blockchain industry.

Regulation Compliant

CoinMetro is looking to create a kind of system that works in tandem with existing financial institutions so that the masses can adopt it seamlessly. The platform is interested in adhering to all regulatory guidelines set by the authorities.

The CEO, Kevin Murcko, has previously built successful firm known as FXPig. Therefore, he has years of experience in the finance ecosystem.

CoinMetro is doing its best to get registered as an eMoney institution. This is no ordinary feat as various licenses are required to get fully registered. It will also make the project work freely without government interference.

The CEO, Kevin Murcko said that:

“The crypto space is evolving at a feverish pace, expanding into an ever-growing list of blockchain-ized industries, however, the industry is still not what I would consider mature. Like most industries that begin to expand quickly into the public consciousness, it needs some structure, some guidance…essentially we need regulation,

But we need a regulatory framework that helps us retain the innovative spirit of the space while helping us to protect the consumer and open doors to the traditional financial institutions., like banks, which will be a huge push toward mass adoption. The one caveat is that the industry needs to be a part of that framework or we risk getting regulated out of the very industry we helped create. “

The CoinMetro platform has excellent tools such as crypto lending feature, which lets users earn passive incomes. It also has Atomic Swapping, which allows people exchange their coins in a peer-to-peer manner without third parties.  CoinMetro charges meager fees. Currently, 0.075 % of every transaction is charged as fees.

Token sale Information

The TGE has been on since February 21, 2018, and it will end on March 31, 2018. A total of 300 Million is to be sold during the TGE. All unsold tokens will be burnt after the TGE to boost the XCM price. The current price of the XCM token is $0.15, with the following bonus distribution.

100 Million XCM sold – 8% Token buyback program reserve 1 + lifetime CM discount 2 +0.01 price increase.

150 Million XCM sold – 11 percent TBPR 1 +0.01 price increase

200M XCM sold – 14% TBPR 1 + lifetime pre-token sale invites +0.01 price increase

250M Coin sold – 17 percent TBPR 1 + lifetime FXPIG discount 3 +0.01 price increase

300 million coin sold – 20 percent token buyback program reserve.

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