All account balances and trading profits and losses are dominated in ONYX tokens, the currency of the ONYX Futures Exchange.
Token Sale Ends in
Any trader on the ONYX Futures Exchange must own ONYX tokens. This will create a high demand for the token.
The utility behind this innovative new futures exchange model that runs the platform is the ONYX token which brings real value.
As interest in crypto trading is starting to gain real interest in 2018, the ONYX token is the perfect way for investors and traders to capitalize on profits.
There will be initial supply of 1,000,000,000 (1B) ONYX tokens. The tokens will be distributed as follows:
There will be 600,000,000 (600M) ONYX tokens sold during the ICO & 120,000,000 (120M) ONYX tokens set aside for bonuses. Buyers will exchange ETH for ONYX tokens at an equivalent price of $0.01 USD per ONYX token. Our maximum hard cap is $6,000,000 ($6M). We will have 20%, 15%, 10%, and 0% bonuses depending on your investment day. Each token
The ONYX market stabilizers are automated trading bots programmed to break even. With the capital set aside and this marvelous program, this futures market will have very high liquidity, even in bearish market conditions.
Beginning in March 2019, only 20% of these tokens will be vested yearly. This will help ensure the team has strong incentives to ensure this platform and the ONYX token will be #1 for years to come.
The exchange will cover all operational cost by minting new coins, therefore preventing the need to charge transaction fees on any trade.
The decentralized, independent smart contract on the Ethereum blockchain will hold all account balances. This will put all private keys in your hands, and not ours.
New ONYX token will be minted on a yearly basis and offered at a 10% discount based on the number of new contracts created and token’s value.
All trading profits and losses are paid out in ONYX tokens. Traders will speculate on the price of 10 different cryptocurrencies against the US dollar. Only traders with ONYX tokens can use the platform, which creates a high demand for the tokens.LIVE DEMO