By Tayler - Bitcoin Broker - 02-11-2021
Recently, as promised, Polygen is releasing the first-ever fully decentralised launchpad that doesn't require gatekeepers. The launchpad project has raised a total of $2.3 million in Polygen's latest funding round. Polygen has built a solid reputation of being the go-to platform for anyone that wishes to start a project. According to Polygen, the launchpad is permissionless and free of charge and usage fees. Compared to other launchpads in the industry, Polygen has become the answer to every developer's prayer in a launchpad system. Reportedly, the latest funding round had seen many high-profile investors. Some notable mentions include SL2 Capital, Twin Apex Capital, Polygon Syndicate, 18 Ventures, Axiom, Pluto, and ZBS Capital. Many other investors participated in the funding round such as NetZero Capital, Woodstock Capital Fund LLP, and Lumos Labs, all of which had their interests piqued when coming across Polygen's launchpad technology.
Launchpads are designed for developers that want to create new crypto market investments or crypto projects. From there, developers crowdfund using Initial DEX Offerings (IDOs), a crypto token that runs on a decentralised exchange. On Polygen, developers can create and launch new projects to sell crypto or build other types of initiatives for free without gatekeepers, whales, and whitelists. Furthermore, all projects have flexibility to be able to customise their own IDO when they are ready to launch. According to Polygen, the drive for innovation is fueled by creating a launching platform where all gatekeepers are removed. Polygen also provides developers with extra openness, post-launch support, and automated services.
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Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards