Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, June 14 2019 - 07:43
AsiaNet
5m USD Ampleforth Sale on Tokinex Completed in 11 Seconds
ROAD TOWN, British Virgin Isles, June 14, 2019 /PRNewswire-AsiaNet/--

Tokinex (https://tokinex.ethfinex.com/token-sales), the Bitfinex and Ethfinex 
Initial Exchange Offering platform, today announces the successful completion 
of its first sale in just 11 seconds. The Ampleforth sale of 5 million USD 
reflected ten percent of AMPL's token supply. 

Successful participants were able to contribute directly from their exchange 
wallet and will receive AMPL tokens in return within a few days. With 
verification completed in advance of the sale via the Blockpass KYC service, 
all participants have complete confidence that their identity data is secure, 
with no personal data stored by Ethfinex or Bitfinex post sale.  

"We are delighted to see the successful completion of our first sale on Tokinex 
in record time," said Jean Louis van der Velde, CEO of Bitfinex and Ethfinex. 
"The demand for the Ampleforth sale was incredibly high, and we were thrilled 
to provide the opportunity for people to contribute. We look forward to seeing 
how the Ampleforth project evolves and will announce Bitfinex and Ethfinex 
listings in due course."

Ampleforth's whitepaper (https://www.ampleforth.org/paper/), co-authored by 
Manuel Ricon Cruz, researcher at the Hoover Institute, introduces the 
Ampleforth protocol. Further context for understanding the implications of AMPL 
as a new type of synthetic commodity and economic theory is provided in the 
accompanying Red Book (https://www.ampleforth.org/redbook/).

"We are overwhelmed by the excitement we've seen around the IEO," said Evan 
Kuo, CEO of Ampleforth. "The success of this raise is a strong indicator of the 
market needing more diversified assets other than what currently exists. 
Working with the Tokinex team gave us the opportunity to bring Ampleforth to 
life and we look forward to continually updating the community on our 
progress." 

AMPL will be distributed to holders within the next few days, and time and date 
for Bitfinex and Ethfinex listing will follow shortly.

About Tokinex
Launched in May 2019, Tokinex is the IEO platform of Bitfinex and Ethfinex that 
brings fair opportunity to participate in curated token projects. It gives 
everyone the chance to contribute to pre-vetted token sales directly from their 
personal wallet through common crypto assets, and with no personal data or 
funds held by the exchange. Tokinex uniquely does not require tokens to pay an 
upfront fee for listing, and following a successful capital raise are 
subsequently listed on the two exchanges as permitted by applicable law.

For further information please contact: partners@ethfinex.com. 

Source:  Ethfinex & Bitfinex