JobCoin, a token aiming at simplifying payroll accounting and payments, will hold an initial exchange offering (IEO) through CoinBene, the project announced in a statement for Cryptovest. The crowdsale will be held on the exchange this May 8, with a listing upcoming on May 17.
The JobCoin project will use the Ethereum blockchain to create a standard token for payments. Their mission is to decrease inequality and poverty through the usage of distributed ledger technology. JobCoin will also offer international remittances for the unbanked.
In addition to serving as a payroll token, and facilitating a pay-as-you-go economy, JobCoin will also be the native asset for an upcoming exchange, BitKing. The new BitKing market will offer high-leverage trading, competing with the biggest leverage trading platform, BitMex. BitKing will offer up to 500 times leverage. While potential...