The token abbreviation of "99B" promoted by the 99Ex trading service platform is called "99B". The total issuance is 2 billion pieces and it is guaranteed to never be issued. The total number has burned to 1.09 billion pieces in November 2019. 99B is a decentralized blockchain digital asset issued by Ethereum. It is an ERC20 standard token based on Ethereum blockchain.

Issuance method

This public offering of 99B 2 billion pieces, of which 30% (600 million), 10% (200 million), early investors hold 10% (200 million), and 50% (1 billion) of the foundation holds. The tokens held by the team are locked for 2 years. The tokens held by early investors were released in four years, with 25% each year. The tokens held by the foundation are held as operating and do not really flow into the secondary market. The token raised this time is 2.5% (50 million) owned by the community, and the remaining tokens of the community (550 million) are given back to the community's 99B users as dividends.

Fundraising Method

1. Issuance support currency: USDT;
2. Hard top: 3 million USDT;
3. The minimum investment amount is: 1000 USDT;
4. The first round of 1 million USDT, redemption ratio: 1 USDT=20 99B;
5. The second round of 2 million USDT, redemption ratio: 1 USDT=15 99B;
6. Locking of positions: 50% of the first round will be locked for three months, and no locking of positions in the second round;
7. Please do not send investment currencies from any trading platform to participate in this token sale.

Repurchase mechanism

In order to ensure the growth of 99B value, no matter how many 99B is circulated in the secondary market, the 99EX team will repurchase 99B with 50% of the annual net profit after the trading platform is launched. The 99B of the repurchase will be sent to an address without any individual or organization controlling the private key and the repurchase record will be announced as soon as possible. Users can query and track it through the blockchain browser to ensure openness and transparency.

99EX Release Mechanism

The 99B held by the founding team has a two-year lock-up period, and is released in batches in a linear manner. The ban will not be lifted in the first year, and the ban will be held by 1/24 of the total number of people held by the team each month in the following year.

Partner dividend mechanism

Partners will pay dividends of 20% of their profits, of which 10% of the tokens will be used for dividend rewards. The top 50 tokens will be paid for dividends based on weights per month.

*The above content is compiled by the official account of non-small accounts. If reprinted, please indicate the source.