Copy link
Increase text size
Decrease text size
Link copied

GlueOS selected as 4th IEO project by Flata Exchange foundation

Image by Token Post Korea

Mon, 16 Mar 2020, 13:58 pm UTC

GlueOS, a company specializing in mainnet development, will hold a public IEO subscription contest at the Flata Exchange at 19:00 KST on Thursday April 2. Flata Exchange, known to listing only reverse IEO projects, said that it had selected GlueOS after a tough screening process.

“I am very grateful to be chosen as the next reverse IEO project by the Flata Exchange, which is the only 'reverse' exchange in Korea, with its high standard when it comes to users and foundation” Park Paul, CEO at GlueOS, told TokenPost Korea.

GlueOS is an eco-friendly public blockchain network project that solves gas fee or staking problems which were pointed out as a disadvantage in the existing mainnets. It also improved the security with its distributed key storage system and smart contract security detection system through GlueOS RNG.

At its core, GlueOS technology’s inter-chain bridges the gap among all exisiting blockchain platforms such as Bitcoin, Ethereum and EOS. It offers multi-language support like python JavaScript and C++. Its APIs of various smart contracts are ready to use for different purposes with free staking because there are no gas charges for transactions and no coin staking required to create accounts, seen in other mainnets.

Flata Exchange has caused quite a stir in the industry with past IEO subscription rates reaching at least 4 times and up to 10 times. This has garnered significant attention for the upcoming fourth reverse IEO project.

It is particularly remarkable because it breaks the existing IEO mold with its subscription contest method. It also compensates for the shortcomings of the first-come, first-served basis by applying pre-purchase weightage and stakings.

Prior to the IEO, GlueOS will hold an airdrop event to increase the number of holders for three days starting from March 16 to 18. More details will be announced through the GlueOS Kakao Official Room.

For more information on the contest and GlueOS business, visit the Gluos website (

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Moses
  • 2020.06.27 05:14:38
I am a cryptocurrency trader and i make over 200% daily, If you are interested,i can teach you how to trade and also help you achieve your goal in life with crypto i can turn
$4500 into $35000 in less then four weeks,now that bitcoin has low prices...please note that cryptocurrency trading is bitcoin unlike binary and Forex,bitcoin is traded for altcoins also you can reach to me if you are new to bitcoin and to give you more info and guideline on how to invest smartly, this is opportunity life time knocking on your door inbox me for more me on whatsapp :+12067425358 happy new year to you all .............................
  • 0
  • ·
  • 0
  • Bitcoin (BTC) $11,874.60 (+0.88%)
  • Ethereum (ETH) $395.87 (+0.66%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $301.69 (-0.37%)
  • Chainlink (LINK) $13.18 (-3.74%)
  • Bitcoin (BTC) $11,874.60 (+0.88%)
Feb 21, 2020 (Friday)
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
Brazil to launch new payment system in response to cryptocurrencies
Digital currency exchange Coinbase Pro lists Kyber Network token
Norwegian Air to soon start accepting crypto payments
Swedish central bank begins CBDC pilot with Accenture
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
Telecom companies complete cross-carrier mobile payments using blockchain
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
South Korean ICO project discontinued, to return $7.5M to token holders
Samsung maintains crypto support in soon-to-launch Galaxy S20
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
Coinbase becomes first crypto company to receive Visa principal membership
Dubai Economy and six banks launch KYC Blockchain Consortium
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.