LBank Exchange Will List Export Motors Platform (EMP) on February 22, 2022
Internet City, Dubai--(Newsfile Corp. - February 18, 2022) - LBank Exchange, a global digital asset trading platform, will list Export Motors Platform (EMP) on February 22, 2022. For all users of LBank Exchange, the EMP/USDT trading pair will be officially available for trading at 17:00 (UTC+8) on February 22, 2022.
Blockchain technology has been providing solutions to existing problems in various fields since its emergence, and the rapidly growing used-car export market could be one of them. To improve the reliability of sales and vehicle information, and to change the unsustainable sales structure of used-car export market, the Export Motors Platform (EMP) team created an overseas export platform for used-car based on blockchain technology. Its native token EMP will be listed on LBank Exchange at 17:00 (UTC+8) on February 22, 2022, to further expand its global reach and help it achieve its vision.
Introducing Export Motors Platform
Export Motors Platform (EMP) is a used-car export platform designed based on blockchain technology to provide better user and purchasing experiences through a variety of solutions adopted to resolve the issues in the current used-car export market. It connects domestic sellers who want to export vehicles and global buyers who want to purchase them, and conducts tasks that are difficult for general buyers and domestic sellers to handle, such as checking the vehicle information, settling export proceeds during the vehicle dealing process.
The platform is equipped with various systems that can solve the limitations and problems of existing services, including EMP Track, a blockchain-based vehicle and sales information management technology for providing users with reliable data, EMP Membership, a membership system that enables sellers to receive quality services using token economy, and EMP Rep, a decentralized seller reputation system that can be trusted and traded without false sales of buyers and sellers.
In short, EMP project aims to improve the current vehicle, sale management and trade tracking system by using a blockchain-based tracking system for controlling vehicle quality and monitoring of the sales and export process, and adopt a cryptocurrency-based membership and reputation system available for all market participants including numerous buyers around the world and the partners using the Export Motors Platform, to establish a token ecosystem and innovate the existing unsustainable sales structure.
About EMP Token
EMP is the utility token of Export Motors Platform designed to solve existing used-car export problems. It plays a key role in the platform ecosystem, and can be acquired or used in various ways, such as paying or receiving discounts for a variety of services on the platform, and being rewarded through the EMP reward system for contributing to the platform, etc. EMP can be traded and transmitted between users while working as a clear incentive for participants, it can also be used to pay the subscription fee for 'EMP Members'.
Based on the ERC-20, EMP has an initial token issuance quantity of 1 billion (i.e. 1,000,000,000), 24% of it is reserved by EMP Platform, 15% is allocated to the team, 9% is allocated to advisors, 18% is provided for token sale, 10% will be used for marketing, another 10% is provided for business development, 4% is provided for liquidity, 5% is for R&D, and the rest 5% is provided for operation.
EMP will be listed on LBank Exchange at 17:00 (UTC+8) on February 22, 2022, investors who are interested in Export Motors Platform investment can easily buy and sell EMP on LBank Exchange by then. The listing of EMP on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about EMP Token:
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
Start Trading Now: lbank.info
Community & Social Media:
LBK Blockchain Co. Limited
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114192