Bitllion, The First Crypto Token Backed By Existing Mining Assets, To Host ICO In April

Bitllion.org, a platform based on the #BITLLIONcoin, a token whose value is based on assets and company growth built upon the cryptocurrency decentralized blockchain, this week announced they will be officially hosting an Initial Coin Offering (ICO) this April.

Singapore - February 14, 2018 /PressReleaseAgency/ —

Bitllion.org, a platform based on the #BITLLIONcoin, a token whose value is based on assets and company growth built upon the cryptocurrency decentralized blockchain, this week announced they will be officially hosting an Initial Coin Offering (ICO) this April. Developed to make it easier for investors to invest in blockchain technology, BITLLION wants to raise funds to create a crypto version of an economy backed by blockchain technology.

“We want to build crypto-viable cities in a world growing increasingly receptive to cryptocurrency,” said Charles J. Phua, Founder and Owner of Bitllion.org. “Having been in the market since 2015, we’re ready to officially launch our token into the crypto sphere, introducing what we refer to as Early Support Bonus for our investors immediately following the launch.

BITLLION issues tokens built on a profit-sharing smart contract, enabling token holders to collect 50% of quarterly profits. Token holders’ revenue depends on the asset market price growth and on the fixed part of the incoming fund’s flow to the businesses.

“In every way, this is similar to dividend payments. These payouts, as we call them cashbacks, are included within the smart contract,” said Phua. “Unlike other ICOs, we already have a proven profit-making formula that enables us to confidently announce our guarantee. Spread the word on our forthcoming market introduction this April.”

The minimum token yield guarantees 20% during the first year. Funds raised through the ICO will be evenly distributed to intelligent crypto-mining “WeMine,” blockchain software for businesses, smart wallet app “Moto,” and the crypto bank “Satoshi’s Vault.”

WeMine relies on cryto-mining, the processing of transactions in the digital currency system. BITLLION aims to have at least 1,500 mining rigs in their Singapore mining farm. Moto is a blockchain-to-human interface simplifying the interaction between the two entities. Moto will streamline the entire crypto experience, making it easier to understand for everyone involved. Satoshi’s Vault provides depositing and withdrawing capabilities for all BITLLION users. Lastly, blockchain for business means that BITLLION will be using smart contracts, also known as self-automated computer programs that carry out the terms of any contract.

The ICO pre-sale is now in effect. For the first 1,000 backers, a limited edition Bitllion Card is up for grabs.

For more information, visit: https://www.bitllion.org/

Contact Info:
Name: Charles J Phua
Organization: Bitllion.org

For more information, please visit https://www.bitllion.org/

Source: PressReleaseAgency

Release ID: 300723

More News From The Buzz Reporters

London couple convicted of murdering nanny, burning her body

May 24, 2018

LONDON — A London couple delusionally obsessed with a boy-band star were found guilty Thursday of murdering their French nanny and burning her body on a bonfire in their backyard. A jury at the Central Criminal Court convicted 35-year-old Sabrina Kouider and 40-year-old Ouissem Medouni after six days of deliberation. The French couple denied killing Sophie Lionnet, though they admitted disposing of the body. Each defendant blamed the other for the death of the 21-year-old Frenchwoman. Prosecutors say the pair killed Lionnet after becoming obsessed with the belief she was in league with Kouider's ex-boyfriend Mark Walton, a founding member...

Still smoking and still joking, Tommy Chong views life at 80

May 24, 2018

LOS ANGELES — Yeah man, Tommy Chong says he always knew he'd live to see the day marijuana legalization would be sweeping the country. He had no doubt when he and partner Cheech Marin pioneered stoner comedy 50 years ago, a time when taunting the establishment with constant reminders that they didn't just play hippie potheads in the movies — they really were those guys — could have landed them in prison. Not even in 2003 when Chong was imprisoned for nine months for conspiring to distribute handcrafted artisanal bongs the government declared drug paraphernalia. "Oh yeah, I saw it...

The Latest: Vegas shooting witnesses describe police heroism

May 24, 2018

LAS VEGAS — The Latest on documents that Las Vegas police released from the investigation into the deadliest mass shooting in modern U.S. history (all times local): 6 p.m. Police and witnesses in newly released documents described acts of heroism by Las Vegas officers responding to the deadliest mass shooting in modern U.S. history or those at the concert on their own time. Authorities set up makeshift triage areas, where one officer "tried to keep the victims focused on staying alive" while figuring out some kind of evacuation plan. Another officer told a group of between 100 and 150 bystanders...

Michael Jackson estate slams ABC TV special on his last days

May 24, 2018

LOS ANGELES — The estate of Michael Jackson is objecting to an ABC TV special on the end of the King of Pop's life, calling it a crass attempt to exploit Jackson without respect for his legacy or children. The estate said in a statement to The Associated Press on Wednesday that "The Last Days of Michael Jackson" is not sponsored or approved by Jackson's heirs, and will most likely violate their intellectual property rights — an assertion ABC denies. Advertising for the two-hour documentary set to air Thursday night says it will reveal new information on Jackson and focuses...

The Latest: ABC: Jackson TV special respects copyrights

May 24, 2018

LOS ANGELES — The Latest on the Michael Jackson estate's objections to a television special about him (all times local): 4:45 p.m. ABC says its documentary on Michael Jackson airing Thursday night is news that does not infringe on intellectual property. The network was responding to a statement from the Jackson estate alleging the two-hour TV special "The Last Days of Michael Jackson" has no regard for his legacy or his heirs, who did not sponsor or approve of it. ABC's statement says the documentary explores the career and legacy of Jackson, who is a newsworthy subject who remains of...

Sign up now!