PATRON Announces Additional Exchange Listings, Token Buyback and Coin Burn

| Updated
by Eugenia Kovaliova · 3 min read
PATRON Announces Additional Exchange Listings, Token Buyback and Coin Burn
Photo: PATRON / Medium

After a successful token sale, one of the top blockchain startups, PATRON, has revealed its nearest plans, including additional exchange listings.

Influencer’s sharing economy platform, PATRON, continues to take the market by storm after a successful $40 million token sale and several initial exchange listings. The company’s latest development has been highlighted in several magazines, including a recent feature in Forbes, as the top blockchain startup to look forward to in 2018. PATRON is also proud of its successful collaborations with some of the leading influencers in the United States, such as Saweetie.

Together with influencers and social media platforms, PATRON has been working on creating engaging contents and products for the global community since 2014, leveraging its technical expertise and industry networking. PATRON’s marketing experience is also great. It can be proved by some of the largest token sale events in the industry, which the company has successfully completed, including Tradove with $51 million raised, KickICO with 84635 ETH raised, and Crypto20 with $50 million raised.

The company’s visionary CEO, Atsushi Hisatsumi, is going to further expand the platform’s liquidity and accessibility to new and existing token holders. Five exchanges have approved PAT tokens for listing. The exchanges are: Hotbit, Extrates, Yobit, Changelly, LATOKEN.

The PATRON team’s nearest plans include the intention to list its tokens on one of South Korea’s biggest exchange, Kucoin. In the meantime, PAT is in the running for CoinEx’s vote listing competition.

PATRON’s listing is just the tip of an iceberg in the context of the company’s expansive plan to benefit token holders ahead of its mainnet launch by late September or October. The mainnet launch may involve the migration to another blockchain platform, resulting in a token swap. In case a swap becomes necessary, token holders will be guided on the migration and swap procedures. All current PAT holders will be notified ahead of the mainnet launch in the event of a swap. Swapping will only be available to token holders.

Very soon, PATRON is also going to hold two exciting events aiming to increase the token value – “buyback” and “coinburn” of PAT tokens. The events will be run upon the community’s request and will be backed by the board of directors. This will be followed by burning a portion of the team tokens in the nearest future. All the detailed information about the dates of the events will be publicly available soon.

On September 5th, The company’s team is going to participate in the Crypto Finance Conference in California. The Conference will be held at the Ritz-Carlton, Laguna Niguel, where Atsushi Hisatsumi, PATRON’s CEO, will be a guest speaker. Other confirmed personalities at the event includes: Chris Larsen (Ripple Chairman), Tim Draper (Draper Associates), David Namdar (Galaxy Digital), Bill Tai, Jeffrey Wernick, Catherine Ross, and Dane Morehead.

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