Holiday Countdown Token Award #6 – CAG

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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.

Financial

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

Further information

Change Bank website

ICO Bench review of Change Bank

Change Bank Whitepaper

This blog is not investment advice. It is provided for informational purposes only. It is not a solicitation or offer of investment advice of any kind.  Consult a professional investment advisor before making any investment decisions.
Trading cryptocurrency, currency, equities and ETFs is potentially risky. You should proceed with caution before trading on the site. By using the Panxora website, platforms, and API you represent that you understand the risks associated with trading cryptocurrencies and global markets. Panxora trades global securities, including US stocks. The company does not have a presence in the USA and are not a US Regulated Broker Dealer. We do not accept traders residing in the United States of America.