Nauticus launches token offering for cryptocurrency fund manager Pantheon X

Nauticus Exchange, the Australian bitcoin and cryptocurrency exchange, has announced the launch of an Initial Exchange Offering (IEO) for crypto fund platform Pantheon X.

The offering will be in the form of a 24-hour flash sale on April 26th. Participants interested must first verify an account on Nauticus prior to the IEO and deposit either BTC, ETH or NTS.

Users who buy Pantheon X’s XPN token using Nauticus coins are eligible for up to a 15% bonus – the largest bonus of the three IEOs Pantheon has participated in. Pantheon X’s most recent Initial Exchange Offering on last week sold out in ten seconds.

Pantheon X

Pantheon X is a unique way to invest in crypto funds. Rapid changes and high volatility in the space have made analyzing and researching the best funds difficult. Pantheon X enables users to invest in rigorously vetted funds managed by experts in a safe environment.

Users can select funds based on performance, risk and directly communicate with fund managers. Managers themselves can easily integrate with the platform using exchange APIs and easily create funds, products, and reports via the dashboard.

The exchange trades not only in funds, but also trades in financial data and information between investors and experts.

The team has an enviable background, led by CEO Steve Hong – a former investment banker with Korea Exchange Bank and Samsung Asset Management. Other members are drawn from Hyundai Motor Securities, Merrill Lynch, IBK Securities, LG Electronics NS MOEW.

The Singapore and Korea based project has almost 20,000 users in its community group and will commence trading in the upcoming month.

IEO Bonus Amounts on Nauticus

One XPN equals to US 0.041 cents and there is a total supply of 800 million XPN.

Tokens will be distributed to user’s exchange wallets within 48 hours, except for the locked bonus amounts which will be sent through 31 days later.