Buying.com and NetObjex Partner Ahead of BUY Token Launch

Buying.com and NetObjex Partner Ahead of BUY Token Launch

 

New Jersey, Jan. 23, 2021 -- Buying.com Founder Jean Gabriel and Netobjex CEO and Founder Raghu Bala have finalized the terms of a token structure and design ahead of the BUY token launch. 

Buying.com announces a strategic relationship with NetObjex. Under the direction supervision and guidance of Ragu Bala of NetObjex, the ST 20 token will be burned in the next few days and an Algorand BUY token will take its place. Within 45 days, the tokens will be distributed to token holders. 

High-Grade Token Standard 

NetObjex CEO Bala capitalized on the most secure token on the market. 

This project is nearly 2 years in the making now and we’ve been waiting to seize the right opportunity in the market to officially launch our product… this is it. 

All stock owners with positions from .04 to 5% please reach out to senior administration at legal@buying.com for new stock agreements.

Latest BUY Token Update 

All token holders can now recreate a new Vault account on Buying.com

Buying.com founder Jean Gabriel and the team have been moving on the project for over 2 years ensuring the token’s design follows strict guidelines “The company’s technology is completed with the programming team headed by Utkarsh Khare as well as a team of highly-skilled designers and admins to lead Buying.com through this next phase. At this point, we want the token to be in the hands of the best crypto scientist in the world which is why I choose Raghu & Netobjex. We will continue to run the company’s main operations and lead its growth for 2021. As startups mature - structure usually changes and you need to be able to change with the times,” said Gabriel. 

Gabriel discussed how changes over the last year were critical to the company’s success.

“Buying has done a lot of change in directions to find the successful road that it is now on. None of us could've expected a 2020 year that we just had. These directional changes in the operations were critical to be successful. I also want to let all our token holders know that the original token amount was 1 billion tokens, then we were forced in 2019 to do a 20x split to meet the guidelines of Open Finance, which reduced the token volume to fifty million. Now that the token will be launching onto decentralized exchanges, the token will be redistributed back to 1 billion. This split that occurred was something management and I were always against, but we were forced to meet these regulations based on the SEC,” said Gabriel.” 

It has been a true honor to have all of you as token holders and part of our family. The confidence that you have bestowed upon the entire Buying.com working team will always be valued in our hearts. Bringing Buying to where it is now has been one of the greatest challenges in my life.  It is now time to start the launch process and complete its final stages.  Jeanmarie Gabriel Founder CEO Buying.com



Moving Forward 

The next phase will be the launch of the token onto decentralized exchanges so all can purchase and trade the crypto token without restrictions compared to the ST-20. We plan on now using the Telegram channel instead of newsletters to answer any questions that token holders may have. This Telegram channel will be controlled internally by the admins and management team with no third party firms.

All stock owners with positions from .04 to 5% please reach out to senior administration at legal@buying.com for new stock agreements.

 

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