Fast-growing cryptocurrency exchange, LAToken is preparing for one of its most anticipated Initial Exchange Offering (IEO), which is planned to take place on the 17th of May 2019. The anticipated IEO would involve the sale of VLM tokens, representing the underlying token for the innovative blockchain-based holding platform, Volum.
The Volum IEO
The Volum platform which is being made available only to companies with proven potential is designed to revolutionize the supply chain management system of holding companies. The platform will allow companies to rapidly scale and grow internationally through the implementation of blockchain technology.
The IEO for Volum on the LAToken exchange will make available a total of 236,800,000 VLM tokens. The tokens shall be distributed in five different stages with the target of raising a total of $74,600,000.
Alonzo Pierce, co-founder at Volum explained that the reason for his company carrying out its fundraising exercise on the LAToken exchange is because of the exchange’s track record…