Dukascopy Officially Launches its Own Cryptocurrency
Dukascopy Bank’s initial plans were to become the first regulated bank to launch its own ICO starting from March, 1 2019. However, the Japanese Mizuho Bank has equally announced their token to be unveiled on the same day, so Dukascopy moved the date a day earlier.
“We got to know that Japanese Mizuho Bank has equally announced their token to be unveiled on the same day. We accept the challenge and move the date of the launch to the 28th of February – one day in advance,” the company said in a statement.
At first, the Duskacoin tokens will be offered as rewards for the clients of the company. People will be able to buy them as rewards for using the Connect 911 messenger created by the company. Also, the forex bank has affirmed that each client of the company would get a total of five tokens by opening an MCA account and that referrers would also get this amount of money.
All the tokens that people would get as rewards would be sellable in the market afterward and people could also withdraw their Duskacoins directly from the bank.
The company is currently preparing for the Initial Coin Offering at this time. In the site, which you can visit here, you can see all the rules for the ICO and the most frequent asked question. In addition, you can establish contact with the institution. The site is available in five different languages and is where the White Paper for the new token will be released first.