Bitfinex is back to token sale business and will host a public offering on June 16. RingX, Korean platform that will make loyalty points and air miles exchangeable, will be selling $50K worth of tokens to public. With $1k USD allocation limit per user and first come first serve sale format it will be very limited public offering.
RingX total supply: 500M RINGx Private sale allocation: 20% Private sale price: $0.05 USD with up to 25% bonus Public sale price: $0.08 USD Public sale allocation: 0.01% Private sale vesting: 6 month vesting Initial circulating supply: $200K USD
This sale is part of the recently launched by Bitfinex Autonomous Token Sales program that provides token issuers autonomy and access to Bitfinex Token Sales technology.