page contents Blockchain Startup BitBounce Announces Cryptocurrency Exchange – The News Headline

Blockchain Startup BitBounce Announces Cryptocurrency Exchange

CredoEx Dashboard
Symbol: CredoEx Dashboard, BitBounce

BitBounce, a blockchain-based electronic mail unsolicited mail answer, is launching a brand new cryptocurrency alternate platform known as CredoEx for token holders to replace their Credo. CredoEx will start with Credo to Ether pairing however further cryptocurrencies and nationwide currencies shall be added someday in accordance with call for, the corporate mentioned.

Symbol: CredoEx Computer Pockets, BitBounce

The San Francisco-based startup raised greater than US$11 million via an preliminary coin providing (ICO) in September 2017 with outstanding undertaking capitalist Tim Draper reportedly buying 10% of all tokens within the ICO. Previous to the ICO, Draper has made a couple of investments into the startup.

The Credo token, which powers the BitBounce platform, is recently indexed on two buying and selling platforms, in step with Tidex and OTCBTC. By means of launching its very personal alternate, BitBounce will now not must undergo the exorbitant charges cryptocurrency buying and selling platforms regularly price startups to get their token indexed.

In step with a record launched previous this month by means of Self sufficient Analysis, cryptocurrency buying and selling platforms are charging anything else between “US$1 million for a relatively seemed token, to US$three million for a chance to get fast liquidity.”

Evolved by means of husband and spouse workforce Steward Dennis and Alexis Roizen-Dennis, BitBounce is a platform that objectives to position an finish to unsolicited mail emails. The provider lets in customers to price folks they don’t know a price to ship emails. For customers, this implies a curated inbox of most effective emails from folks they know, and emails that they’re paid to obtain.

It’s very similar to what is providing consumers. Previously referred to as 21 Inc., lets in customers to earn bitcoin for answering messages and finishing duties. used to be only recently bought by means of Coinbase.

BitBounce claims over 300,000 energetic customers and greater than 1.1 million registered accounts. Its consumer base is alleged to be rising 46% month over month.

At the BitBounce platform, charges charged to succeed in inboxes and to incentivize responses are paid within the Credo token.

The CredoEx cryptocurrency alternate, which is about to move survive Might 1, will permit enterprises to extra simply acquire Credo tokens and carry out incentivized electronic mail advertising campaigns. The corporate mentioned it has already been approached by means of a number of organizations for the provider.

Dennis mentioned in a remark:

“We created CredoEx to function the main supply of liquidity for BitBounce customers in order that they may be able to simply convert their earned Credo into different currencies. Moreover, CredoEx will function the way for enterprises and different companions to shop for Credo for incentivized campaigns as we develop.

“We see CredoEx positioning Credo as a central and necessary token throughout the crypto ecosystem by means of organising energetic buying and selling pairs with many different currencies and tokens.”

Along with offering a supply of liquidity for Credo, Dennis mentioned the corporate constructed CredoEx to “give a boost to upon one of the problems many people skilled with different exchanges together with upper web site reliability in addition to extra consumer pleasant consumer revel in.”

Subsequent quarter, BitBounce plans to free up an undertaking model of its platform that guarantees to facilitate large-scale electronic mail advertising campaigns. The platform will supply undertaking customers with a method to have interaction without delay with related consumers and most effective pay when folks have interaction with their corporate, whether or not via paid reaction or different virtual interactions.

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