Place/Date: - August 29th, 2019 at 10:05 am UTC · 5 min read
Contact: BitMax.io, Source: BitMax.io
BitMax.io (BTMX.io) has announced a strategic partnership with Infinito, a leading provider of in blockchain-based products, solutions, and services and the listing of the Infinito (INFT) token on the platform.
Infinito was founded to solve various challenges preventing mass blockchain adoption. Some of the problems Infinito addresses are the inaccessibility of people to crypto currencies and blockchain apps, poor crypto payment experiences, and poor revenue and reward sharing mechanisms between blockchain apps and users. It also addresses lack of incentives for participation and lack of development influence towards community benefits.
The Infinito professional team consists of more than 50 experts with intensive experience in blockchain technology. It includes technical researchers and developers, quality control engineers, designers, customer service officers, and business and marketing executives.
The Infinito aims to be the world-leading blockchain ecosystem that provides a single gateway for people to easily enjoy the values of innovative services powered by blockchain technologies. It has been operating foundational platforms that will form a bridge connecting innovative blockchain-based apps and services with mass communities through excellent user experience.
The Infinito Token (INFT) is the main currency of payment and enables staking, voting, rewards, and scoring. It is used to incentivize users, DApps, and developers for their contribution to the ecosystem.
Infinito provides a perfect accessibility and blockchain experience for users, applications, and developers through its comprehensive product ecosystem. It is a pioneer in addressing the difficulty first-time users may feel when encountering blockchain-based apps and services, and wants to create an easy way for them to gain value from blockchain innovations. Financial services and games are immediate targets, with a long-term vision to provide a full range of innovative blockchain services.
Infinito’s product ecosystem includes the followings.
Infinito collaborates with enterprises, blockchain companies, and educational institutions from different industries and countries. A growing worldwide community of valued partners includes strategic infrastructure support – most notably from partners such as IOHK, NEO, BinanceDEX, COCOS-BCX, IOST, EOS JEDA, ONT, etc.
Infinito also has innovative services partners such as BTC Direct, Changelly, ETHFinex, KyberNetwork, Looping, Celsius, Nexo, and many more.
Full support is given to Infinito from the Infinity Blockchain Group for business development, market and user acquisition, as well as the talents and expertise required to achieve its ambitious vision.
Founded by a group of Wall Street quant trading veterans in July 2018, BitMax.io (BTMX.io) is a leading digital asset trading platform with a broad range of innovative financial products and services for both retail and institutional clients. Especially the platform services sophisticated buy-side & sell-side institutions in both Eastern & Western demographics who are seeking highly liquid marketplace.
With its core values of efficiency, resilience, and transparency, BitMax.io has successfully set itself as an emerging leader in the digital asset trading space.
It has been widely recognized by the industry for its very first introduction of the “Transaction-mining & Reverse-mining” mechanism, and its highly reputable token economics has built-in incentive mechanisms, including reverse-mining and token consumption to balance the demand and supply and the design of Data Usage Reward Distribution Pool that supports longer-term token value.
BitMax.io enabled margin trading in February 2019. Users are able to leverage their tradable assets for potentially higher returns through margin trading with proper risk management.
In a pioneering move, BitMax also expanded margin trading in its own native token, BTMX. Since then, the list of digital assets for margin trading has been steadily increasing. (The margin trading function of BitMax.io is not available for North American markets.)
Furthermore, the platform recently announced a new partnership with UltrAlpha, a professional digital asset management service platform. The platform leverages solid experience from both traditional finance and blockchain industries, and aims to introduce a comprehensive set of investment/trading products provided by third parties as well as fund admin services to diversified participants in the digital asset management market.
Dr. George Cao, co-founder and CEO of BitMax.io, will share his expertise and provide critical strategic advice on the overall design of token economics and model. (Please note that BitMax.io and UltrAlpha are completely two separate businesses).
BitMax.io has experienced significant growth since its launch and is deeply committed to providing a high-performance, client-centric trading platform to its global client base.
Currently, the platform has over 200,000 registered users, with over 53,000 active community members. And Infinito has been generating attention as an Asia based top-tier blockchain technology house that builds and operates an Ecosystem of products, solutions, and services to help businesses and developers seamlessly, efficiently and compliantly.
The partnership of BitMax.io and Infinito not only marks another strategic milestone of BitMax.io in its continuous efforts in supporting the advancement and innovation of blockchain technology, but also provides more diversified global exposure to growing Infinito communities.