Dear CBX users,
The Vevue Initial Auction Offering on CBX is just around the corner!
The auction will be held on CBX’s auction platform www.cbxangel.com. The portal will be open one day prior to the start of the auction for preview, and open throughout the auction period. The link on CBX’s main page to the auction site will also become available on the day before auction starts.
Timing: The auction will commence on 5:00pm Dubai time (9:00pm Beijing time; 6:00am Pacific time) on October 28th, 2019. The auction will last a total of 48 hours.
The Offering: 5 million total VUE.
The Auction: bidders can choose to bid for any amount between 30 and 1,000,000 VUE. Bidders will also choose their bid price per VUE, capped at minimum $0.75 and maximum $3.50.
Winners: 5 million total VUE will be allocated to the highest bidders until the full 5 million tokens are distributed. In case of a tie on the bid price, the winner will be decided based on the submitted bid time, the earlier time-stamp wins the bid.
Changes and Cancellation: Bidders can change or cancel their bid any time during the 48-hour period. Changes can be made by placing a new bid. Any new bid from the same bidder will replace the existing bid.
Payments: Payments can be made using BTC, ETH and USDT. Coins must be in the CBX wallet at time of bid and coins are frozen until auction end.
Bonuses: Earn Vpay token, the Vevue platform currency, when you purchase VUE token. The winners of the VUE auction will receive additional 500 Vpay for every $100 worth of VUE purchased during the auction. Auction winners can receive up to $10,000 worth of Vpay equalling to 20:1 bonus.
Specific Limitation for U.S. Investors: Due to security regulations in the United States of America, this auction is limited to non-US investors only. If your CBX account is registered as a residence of the United States of America, please do not participate in this Vevue Auction. VUE token deposits and withdraws will also be disabled for U.S. investors. Sorry for the inconvenience.
About the Vevue project and VUE tokens:
Vevue is a rewards-based social media app, powered by blockchain technology, empowering the next generation of media makers to monetize their creative craft and make a difference in the world through powerful visual content.
Our revolutionary crypto to cash economic model allows anyone, anywhere to view, earn, participate and feel rewarded.
Unlike other social media platforms, Vevue only collects a 5% transaction fee, so users can earn more for their creative efforts. The transaction fee from on-platform engagement enters a dividend pool and will be distributed to VUE token holders. To learn more about Vevue visit Vevue.com
For detailed information about Vevue, please visit https://cbxpro.com/vevue/
Reach out to the Vevue team at [email protected]