The 99EX trading service platform has launched a “99B” token, with a constant total of 2 billion issued and no more issuing guaranteed. 99B is a decentralized block chain digital asset based on Ethernet, and it is an ERC20 standard Token based on Ethernet block chain.
Official website: https://www.99ex.com/
White paper link: https://99ex-oss.oss-cn-beijing.aliyuncs.com/99Ex_WhitePaper_en.pdf
Of the publicly issued 2 billion 99B, 30% (600m) are owned by the Community, 10% (200m) by the Founding Team, 10% (200m) by Early Investors and 50% (1 billion) by the Foundation. The lock-in period for tokens held by the Founding Team and Early Investors is 2 years. The tokens held by early investors will be released over four years, 25% each year. The tokens held by the Foundation are held as foundation operations and will not release into the secondary market. The tokens of this fundraising, 2.5% (50 million) held by the community, and the remaining tokens (550 million), will be returned to holders of 99B in the community as dividends.
This document is compiled from the official whitepaper and relevant documents provided by the token team, to provide investors an overview of the token. The information in this document is collected through formal legal channels. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof, or evidence.