7 jun, 2019
BTC-Alpha introduces the platform for IEO — Alpha Paradise
Alpha Paradise is a platform for IEO on the BTC-Alpha exchange
In a typical ICO, developers create a smart contract, and investors send their crypto assets in exchange for a certain number of tokens. In IEO, developers send tokens directly to the BTC-Alpha exchange and users of the Alpha Paradise platform can purchase digital assets at a fixed price. The investment process will be as simple as possible — no need to register on the project’s website, buy Ethereum and send it to an unknown smart contract!
Before conducting IEO, the BTC-Alpha exchange team conducts a preliminary audit and technical review of the startup and tokens, assesses the investment attractiveness and potential of the project, and only after that announces the launch of IEO. The exchange stores and sells a token on behalf of the project.
What are the benefits of running IEO on BTC-Alpha?
The exchange performs many functions, including acting as an intermediary, which implies a higher degree of trust in the IEO-project for users.
The exchange manages the IEO smart contract and controls the process of the initial exchange offering.
KYC/AML passing for IEO participants is also processed by the exchange.
The exchange lists the startup token after the initial exchange offering.
The project(s) send(s) tokens directly to the BTC-Alpha exchange and the users of the platform can purchase digital assets at a fixed price.
How can users participate in IEO?
First of all, you should examine the digital asset that you want to purchase on the BTC-Alpha exchange’s IEO and analyze your financial capabilities before making any investment decisions.
In order to take part in IEO on BTC-Alpha, you need to create an account and go through the identity verification procedure. There are several reasons for this: first, residents of several countries, including the United States, are prohibited from participating in IEO on BTC-Alpha. Secondly, according to the rules of BTC-Alpha, one person cannot create multiple accounts.
You will receive an email from BTC-Alpha after successfully completing the identity verification process.
You must fill out basic information about yourself, such as your name, date of birth, and address. This information must be accurate for you to successfully complete the KYC process. If you are already registered users and have passed the KYC procedure on BTC-Alpha — additional verification is not required!
On the IEO Alpha Paradise launch panel at https://btc-alpha.com/exchange/ you will find a list of current, upcoming and successful initial exchange offerings. Click on the project you are interested in to see additional information and requirements for participation.
On the same page, the countdown time to the start of the IEO will be displayed, when it reaches 0, the sale of tokens will officially open.
By clicking on the “Become a participant” button, you will get the opportunity to participate in the pre-order for the purchase of tokens. The period and conditions of pre-order are determined for each project separately.
The only cryptocurrency admitted to the token sale is Bitcoin. For reservations and further participation in IEO, there must be enough coins in your account to participate in the auction.
On the platform, it is possible to calculate the amount to get a certain number of tokens. You can also use manual input or a special slider to buy the desired number of assets.
The listing of tokens on the exchange is carried out 3–10 days after the token sale.
To apply for the IEO and find out the requirements of the BTC-Alpha exchange for projects — fill out the following form.
Follow the news on the social networks and on the BTC-Alpha website to find out more details on how and when you can invest in IEO on Alpha Paradise!
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