On October 08th 2021 Cuprum Coin s.l.l.c. launched the successful pre-sale phase of its commodity-backed cryptocurrency, with an underlying asset worth over US$60 Billion. Yesterday, August 8, CUC was listed on the Bitforex exchange.
Out of the planned 250,000 coins in the presale, the company sold 273,811 coins for 10 U.S. dollars per 1 CUC and generated huge interest from the crypto community.
Although the IEO was announced earlier, the market launch was delayed to refine the project to perfection before the launch, and the team succeeded in that. Cuprum Coin is unique in several segments. It has its own native blockchain, built on the principle and network of Tezos, an eco-friendly network that uses Proof-of-Stake (PoS) instead of Proof-of-Work. CUC is an altcoin without a mining capability. It has its own Blockchain Explorer and technical advantages over Bitcoin, Ethereum, and many leading cryptocurrencies on the market.
This induces advanced features like transactional speed throughput, consensus mechanism, governance structure, and a low transaction fee. Behind the project, CUC has an underlying specific rare asset worth more than $60 billion.
Cuprum Coin team signed listings with 5 exchanges by February; Dextrade, Bitforex, Alterdice, WhiteBIT, and Latoken. Bitforex exchange launched an IEO on August 8, while Bitforex and WhiteBIT exchanges will place secondary listings on August 16. The team is collaborating with one of the world’s leading Market Makers to ensure the project’s long-term sustainability.
While preparing to list on 3 more exchanges, the Cuprum Coin team says that they receive new listing requests every day, and since the announcement a few days ago, they have received 8 new requests, including 2 from the Top 10 and 3 from the Top 20 exchanges. Following the strategy, listing on all exchanges will follow individually every few weeks on a new exchange after the secondary listing.
“A few days ago, we were…
