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Artemis Coin secures 7 exchange listings after raising 500k in presale

Artemis Coin secures 7 exchange listings after raising 500k in presale

GrafaGrafa2024/09/03 05:25
coin_news.by:Liezl Gambe

Artemis Coin ($ARTMS) has raised $500,000 during its presale phase and secured listings on seven exchanges.

This development reflects the growing interest in token presales and their potential impact on the digital asset market.

The case of Artemis Coin illustrates how strategic partnerships and particular approaches can help a project navigate the competitive crypto environment.

Artemis Coin aims to create a decentralised marketplace similar to platforms like Amazon and eBay but leverages blockchain technology.

The project focuses on facilitating direct transactions between buyers and sellers, removing intermediaries to lower transaction costs and increase transparency.

The marketplace allows for peer-to-peer transactions, which may help reduce geographical limitations and support both individuals and businesses.

Key features of Artemis Coin include a decentralised marketplace, smart contracts for secure transactions, lower transaction fees, a tokenised economy using $ARTMS, and integration with decentralised finance (DeFi) protocols.

Smart contracts are used to automate transactions, minimising the risk of fraud by ensuring funds are only released when specific conditions are met.

The platform also offers DeFi services, including lending, borrowing, and yield farming.

During its presale, Artemis Coin raised $500,000 and gathered a community of over 40,000 members across social media platforms.

The presale saw a price increase of over 140%, indicating a level of confidence in the project among early participants.

This performance has positioned the token at a specific entry point for new investors.

Artemis Coin has secured listings on seven exchanges: Latoken, CoinW, Biconomy, Weex, Deepcoin, FameEx, and UZX.

These listings, obtained before the project's official launch, indicate an effort to establish a presence in the market by navigating the complexities of exchange procedures.

Moving forward, Artemis Coin plans to burn 12 billion unsold tokens at launch, reducing its total supply by 30% within the first two weeks.

This measure is intended to manage supply and could affect its market value.

The project's focus on developing a decentralised marketplace, alongside its community engagement and exchange listings, suggests potential areas of growth.

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