In a bid to encourage people to acquaint themselves with cryptocurrencies and the CoinPesa platfrom, Ugandan digital currency exchange CoinPesa has unveiled its Initial Coin Offering (ICO) pre-sale.
CoinPesa launched its ICO with 99 million coins to be made available for purchase over the coming 12 months.
CoinPesa is a digital currency exchange built for emerging markets, with a focus on the African market. The startup’s overall goal is to enhance financial inclusion on the continent through blockchain-based digital assets.
For now, the pre-sale is open only to registered users who can purchase Coinpesa Tokens (CPXT), and use them to pay for various services like trading fees on the platform.
Users can earn extra tokens through the CoinPesa Champion Referral Programme, where they are paid a commission for every successful reference to the platform.
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Suleiman Murunga, chief executive officer (CEO) of CoinPesa said, “As a digital currency exchange, our mission goes beyond just simply providing a point of access for users to access cryptocurrency. We want to offer a platform that can be used to realise new possibilities, where users can access valuable financial services and uplift themselves through sustainable revenue generation opportunities.”
The pre-sale is set to open to the public in September, while the public ICO sale is set for January 2019.