After six months and raising $31 million through ICO - the Trade IO exchange is almost here. You can sign up now for early notification, with exact timing to be announced within a couple of weeks.
And they are going all in for the launch. I mean, you can win a holiday to Cyprus, just for doing a couple of super basic things on their trade.io/dare-to-share page like watching a Youtube video on what the exchange looks like! They know a successful launch, with lots of traders and depth, is crucial.
But who cares right? I mean, we really needed more exchanges at the end of 2017. Now in mid 2018, there are plenty of exchanges.
If Trade IO was promising only an exchange, then that would be a fair enough.
But Trade IO is doing a lot more. Lets take a look at what has been announced so far.
Holders of Trade IO native token - Trade Tokens (ticker TIO's) - receive access to free airdrops, and discounted rates for ICO's. Even before the exchange is up and running, there was already a large airdrop for XchangeRate ICO, where everyone who owns more than 2,500 Trade Tokens will get a stack of tokens. I'll comment below when I have a final number of tokens airdropped to me later this month.
Other free airdrops are more raffle style or signing up to telegram groups. Regardless, Trade Tokens could potentially give great passive value, just for holding, even if you don't care about signing up to a new exchange.
These airdrops are also a great way to explore new projects, as the Trade IO team filters through all the noise and questionable tokens out there and only work on projects with real potential.
Trade IO is assisting new projects to get off the ground, through an Angel Investor Program. In short, this links investors with projects.
This is clever - it dovetails nicely with their free airdrops and creates longer term value for Trade Token holders.
This is how they'll drive value and be more than just another exchange:
Now this is an interesting one. Trade Tokens will give access to the 'Liquidity Pool', which is something similar to an investment fund, with returns paid out depending on how successful the Liquidity Pool is or isn't. The starting point is 2,500 Trade Tokens, going up by 2,500 increments to access greater returns.
This Liquidity Pool will see investors share in the gains, but also the losses, of what looks very much like an 'investment fund'. If the investment team is rock solid and generates great returns, I can imagine Trade Tokens will become very popular (and probably expensive!) as more and more people try to pile into the Liquidity Pool, by purchasing a limited number of Trade Tokens.
The Trade IO video here does a good job explaining exactly how it will work. Keep in mind, all signals suggest the Liquidity Pool will come later than the exchange.
I always kicked myself for not buying more Binance Coin when it was less than $1 USD. You can see from my blog here, it is the only top 50 coin since December 2017 to have increased by over 100 percent, when everything else was falling.
In my view, Trade IO offers clear value for their token - ongoing airdrops with the ability to trade those tokens immediately on their exchange, access to a liquidity pool (investment fund) and probably a whole bunch more that hasn't been announced.
And you know they have the war chest of over $31 million to back it all up with strong marketing and management. Did I already mention their marketing could get you a holiday to Cyprus for watching a youtube clip??? Now it's time to wait for the launch.
And maybe a trip to Cyprus?!
