ProBit Raises $50,000 During CitiOs IEO Sellout and Continues to Dominate the IEO Market

ProBit Exchange has successfully wrapped up another IEO offering for IoT and blockchain smart solution provider CitiOs, concluding the token sale less than an hour after opening up on October 31 at 15:00 KST. CitiOs was able to raise $50,000 in the process, with the exchange’s appealing bonus structure and their unique token bombing mechanism which burns 50 tokens for each token purchased during their IEO certainly helping sweeten the pot. 

The freshly wrapped up campaign follows on the heels of the recently sold out Medium Launchpad that raised ~$350,000 in just 40 minutes and boosted ROI for investors by 2.26, managing to outperform even Binance’s most recent IEO which delivered about 1.8 ROI. 

This was no anomaly as ProBit has continuously knocked IEO and subsequent listings out of the park including a combined ~$2.3 million for Boltt Protocol, SPIN Protocol, LINIX, and Steemhunt. 

The exchange has conducted over 100 rounds of IEO for blockchain projects hailing from around the globe, an impressive feat considering their official launch was less than a year ago. 

Continue reading the original source here: https://www.newsbtc.com/press-releases/probit-raises-50000-during-citios-ieo-sellout-and-continues-to-dominate-the-ieo-market/