Geneva, Switzerland, June 05, 2018 –(PR.com)– SonoCoin is pleased to announce that Ivan Pukhovsky has officially been appointed as an executive advisor to the SonoCoin team. Ivan is the Co-Founder of EXMO Finance LLP. The British-based cryptocurrency exchange was founded in 2013 and has showcased steady performance ever since. In fact, it saw a trading volume of $192 mln back in 2014, growing to $1.8 bln in 2017, and currently boasts over 1.3 million active traders. EXMO is currently one of few European exchanges to offer FIAT currency pairs including USD, EUR, RUB, PLN, and UAH.
SonoCoin is fortunate to welcome Ivan to SonoCoin’s Advisory Board and look forward to expanding their ecosystem with the help of his expertise in the cryptocurrency markets. SonoCoin stands to benefit from a potentially high-level listing, providing investors with sufficient liquidity in the market. Marketing exposure of SonoCoin’s Initial Coin Offering to EXMO’s 1.3 million users is another possibility that would potentially represent a tremendous value add for the fundraising process.
SonoCoin’s Founder, Leon Afanasyev, commented: “Ivan’s blockchain expertise and access to the cryptocurrency markets will prove to be a significant asset to SonoCoin’s efforts in building awareness and a healthy marketplace for business development. I look forward to working closely with him in these upcoming months.”
EXMO’s website: https://exmo.com/
SonoCoin is a digitally encrypted audio file that operates on a proprietary blockchain system, using the Proof-of-Stake (PoS) protocol to verify transactions. The SonoCoin audio file is a sound interpretation of a code that can be recognized and recorded by any device that reproduces sound. The SonoCoin solution is similar to Bitcoin’s peer-to-peer value transfer, with an improved and more user-friendly platform similar to PayPal. To reduce the cost for end-users, the service has been streamlined to a less complex, lighter protocol. Operations and interfaces use a light version of the blockchain network, allowing for a decentralized operation with faster transactions. The framework also provides transaction flexibility across various popular peer-to-peer messaging platforms, social networks, and email.
Cautionary Note Regarding Forward-Looking Statements
The statements made in this press release may contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of SonoCoin. The words “will,” “may,” “anticipate,” “intend,” “plan” and similar words and expressions are used to identify forward-looking information. The actual results of the specific items described in this release, and the Company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of SonoCoin’s team as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, SonoCoin’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of SonoCoin. SonoCoin disclaims any obligation to update information contained in any forward-looking statement unless required by applicable securities laws.
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