Holiday Countdown Token Award #6 – CAG
Date : December 22, 2018
In October 2018, First Global Credit rebranded to Panxora. Any references to either company should be treated the same
The Panxora Holiday Countdown Award for December 21 is 10 Change tokens
Summary: The First Truly Decentralised Crypto Bank
Details: Change plans to build the first global bank, providing a revolutionary service to people from all around the world. Their mission is to remove borders in the financial sector, and to ensure that every citizen has access to alternative financial services, finally ending the artificial monopoly created by local regulators and traditional banks.
The CAG token sale ended in October of 2017. With Ether’s value at that time subscriptions totalled $17.5m. At one point in January of 2018 the cap peaked at over $60m. Not surprisingly their value correlates closely with bitcoin and the market cap sits today at about $3.5m.
CAG can be used as collateral to back trading other instruments. (1:1) Fees.
Market cap at launch – $17.5m
Circulating Supply – 37,109,987 CAG
Total Supply – 79,184,116
Change Bank website
ICO Bench review of Change Bank
Change Bank Whitepaper
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