INTERNET CITY, DUBAI, February 17, 2022 – LBank Exchange, a global digital asset trading platform, will list Export Motors Platform (EMP) on February 22, 2022. For all LBank Exchange users, the EMP/USDT trading pair will be officially available for trading at 5:00 p.m. (UTC+8) on February 22, 2022.
Blockchain technology has provided solutions to existing problems in various fields since its emergence, and the rapidly growing used car export market could be one of them. In order to improve the reliability of sales and vehicle information and change the unsustainable sales structure of the used car export market, the Export Engine Platform (EMP) has created an overseas export platform for used cars based on blockchain technology. Its native token EMP will be listed on LBank Exchange at 5:00 p.m. (UTC+8) on February 22, 2022, to further expand its global reach and help it achieve its vision.
Presentation Export Engine Platform
Export Motors Platform (EMP) is a used car export platform designed based on blockchain technology to provide better user and purchase experiences through a variety of solutions adopted to solve problems of the current used car export market. It connects domestic sellers who want to export vehicles with global buyers who want to buy them, and performs hard-to-manage tasks for general buyers and domestic sellers, such as verifying vehicle information, settling export earnings during the vehicle transaction 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 to provide users with reliable data, EMP Membership, a membership system that allows sellers to receive quality services using the token economy, and EMP Rep, a decentralized seller reputation system that can be trusted and traded without fake sales from buyers and sellers .
In short, the EMP project aims to improve the current system of vehicle tracking, sales and trade management by using a blockchain-based tracking system to control the quality of vehicles and monitoring the process of sale and exchange. export, and adopt a cryptocurrency-based membership and reputation system available to all market participants, including many global buyers and partners using the Export Motors platform, to establish an ecosystem of tokens and innovate the existing unsustainable selling 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 ecosystem of the platform 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 exchanged and passed between users while functioning as a clear incentive for participants, it can also be used to pay subscription fees for “EMP members”.
Based on ERC-20, EMP has an initial token issuance quantity of 1 billion (i.e. 1,000,000,000), 24% of this 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% for R&D and the remaining 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 investing in the Export Motors platform can easily buy and sell EMP on LBank Exchange by then. EMP’s listing on LBank Exchange will undoubtedly help it further develop its business and attract more attention in the market.
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About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange offers its users secure 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 in over 210 regions around the world.
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