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Poloniex Launches Token Sale Platform, With Tron’s Decentralized Stablecoin System As First Project

Ramsey Baker

Summary: Poloniex, the cryptocurrency exchange, has released a new initial exchange offering (IEO) platform. According to an announcement on Sunday, The new IEO platfrom, dubbed LaunchBase, will aid “quality blockchain projects” in growing and further developing their ecosystem. LaunchBase, along with "launch partner" Tron, will promote user adoption through distributing tokens and professional consultation. The Exchange ...

Poloniex, the cryptocurrency exchange, has released a new initial exchange offering (IEO) platform.

According to an announcement on Sunday, The new IEO platfrom, dubbed LaunchBase, will aid “quality blockchain projects” in growing and further developing their ecosystem. LaunchBase, along with "launch partner" Tron, will promote user adoption through distributing tokens and professional consultation.

The Exchange stated that only Tron’s TRX cryptocurrency would be the only eligible cryptocurrency for purchasing new tokens on LaunchBase. Further, the first company scheduled for a sale is the Tron-based stablecoin lending platform JUST.

By Ramsey Baker

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