Cicero Transact Launches Transact Coin, a Decentralized Utility Token

 

Briarcliff Manor, NY, November 16, 2018 – Cicero Transact, an invite-only online global business platform dedicated to forging strategic business alliances, is launching Transact Coin, a first-of-its-kind decentralized utility token to conduct business globally.

 

With a total supply of 50,000,000, Transact Coin will mainly function as a means to incentivize and reward Cicero Transact’s members for their business activities on the platform. Cicero’s members will be able to earn Transact Coin by:

 

  • Submitting an approved business opportunity
  • Referring new members to the platform
  • Setting up meetings for clients
  • Participating in joint ventures and partnerships
  • Being on committees
  • Additional areas to be announced.

 

Transact Coin can also be used as a form of compensation between Cicero members. The tokens can be deposited using any ERC20 Ethereum blockchain wallet address.

 

Transact Coins are initially not for sale. Instead, they will be given to members as an incentive. However, Cicero Transact aims to have the coin listed on multiple exchanges by 2019, at which point the tokens will be traded freely in the open market. Cicero Transact itself anticipates being a buyer of the tokens once they hit the market.

 

“I am really excited to have these tokens at our disposal, because we can now take care of the people who are stepping up to assist in the success of the project,” said Michael Woloshin, founder and CEO of Cicero Transact. “It is critical to our mission that everyone involved benefit from the Cicero Transact project, and Transact Coin is a major step in making  it happen.

 

“The coin also allows us to compensate people all over the world without currency or banking restrictions in a secure and reliable way, making it easy for our global members to conduct transactions with one another regardless of location, unlike other tokens that have no practical application this is a very key component to our business plan” Woloshin added.

 

Cicero Transact hopes the tokens will greatly appreciate in value as the platform expands and more members use the tokens to transact deals. A forthcoming website will explain Transact Token in more detail, including a full list of the benefits and instructions on how to earn the tokens.

 

Press contact:

 

Email: paul.wayne@cierotransact.com

About Cicero Transact: Cicero Transact is an invite-only online community dedicated to forging strategic business alliances. Members gain an inside look at startups, entrepreneurs, and companies seeking support to enhance and execute their business models. Cicero Transact covers all business verticals and allows members to actively review deals and select opportunities that best suit their expertise. Members can participate in and earn on deals directly through the Cicero Transact platform. Simply put, the platform allows users to leverage their existing tools, resources, and contacts into income on new deals. The founding members of Cicero Transact have more than $1 billion in transactions under their belt, collectively. To learn more, visit https://www.cicerotransact.com/.