Revolution in cryptocurrency exchanges Crypto + CFDs Hybrid Exchange. Bit World Exchange ICO rating – not rated.
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PRE ICO Dates : 23/12/18 – 30/01/19
About Bit World Exchange ICO (token sale)
The BitWorld ICO team perceives that blockchain technology is improving the efficiency of organisational collaboration through the usage of a community-based intrinsic value exchange system.
With this vision in sight, the BitWorld team intends to launch BitWorld ICO, an innovative next-generation digital asset exchange, in the mission to create a new type of community-based economy. The BitWorld ICO team hopes that through building upon a series of open and fair market rules, BitWorld ICO would be able to market, support the blockchain structural optimisation and promote equitable resource allocation. Leveraging on blockchain technology, BitWorld ICO aims to establish an autonomous platform, and build out a new type of economic autonomy program that would fundamentally reduce organisational attrition and increase productivity.
The native digital cryptographically-secured utility token of BitWorld ICO (BIW) is a major component of the ecosystem on BitWorld, and is designed to be used solely as the token on the platform. BIW will initially be issued by the Distributor as ERC-20 standard compliant digital tokens on the Ethereum blockchain.
BIW is a non-refundable functional utility token which will be used as the unit of exchange between participants on BitWorld. The goal of introducing BIW is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on BitWorld ICO. BIW does not in any way represent any shareholding, participation, right, title, or interest in the Foundation, the Distributor its affiliates, or any other company, enterprise or undertaking, nor will BIW entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. BIW may only be utilised on BitWorld ICO, and ownership of BIW carries no rights, express or implied, other than the right to use BIW as a means to enable usage of and interaction within BitWorld ICO.
BIW would also function as the economic incentive to incentivise users to participate in the BitWorld ecosystem. Users of BitWorld ICO and/or holders of BIW which did not actively participate will not receive any BIW incentives.