In simply 59 seconds, Bit2Me was in a position to increase a complete of 5 million euros by the top of the primary part of its Preliminary Coin Providing (ICO). The token sale makes historical past as essentially the most profitable one in Spain up to now. The corporate is now planning for the second ICO part which is anticipated on Sep. 13. The third and ultimate part is scheduled to occur on Sep. 21.
Earlier than the ICO, Bit2Me had already raised funds to the tune of two.5 million in a non-public funding spherical held in early August. Cumulatively, the crypto platform has now raised a complete of seven.5 million in investments by its B2M token.
As of Sept. 6, Bit2Me had issued 500 million of its tokens. The corporate expects to place 500 million extra tokens into circulation in the course of the second part and 250 million in the course of the third part. In complete, Bit2Me will concern 1.25 billion tokens. Individuals can be a part of the queue for both part and even each phases, and fill a kind on the firm’s web site to schedule their token buy.
Shortly earlier than the primary part, the ICO hype rose to sky-high ranges. As a result of demand, Bit2Me expanded its operations to an extra 13 nations. These embody Uruguay, Panama, Colombia, Bolivia, Puerto Rico, Costa Rica, Ecuador, Guatemala, Honduras, Jamaica, Dominica, Martinique, and Guyana. Residents of those nations acquired the chance to put money into the B2M token.
Bit2me CEO and Co-founder, Leif Ferreira stated, “It was essential for us to reveal that from Spain we are able to additionally digitally rework the world within the model of Silicon Valley. We’re the pioneers in a know-how that’s revolutionizing the entire planet. We now have demonstrated why we’re one of many engines driving this disruptive proposal.”
Of observe, B2M token holders will get pleasure from reductions of as much as 90% on commissions. They can even have entry to higher capabilities and use instances on Bit2Me-associated companies. As B2M is a governance token, its holders can even benefit from collaborating in decision-making processes concerning the corporate. Sooner or later, Bit2Me plans to develop new utilities for his or her token to the advantage of the holder.
Presently, Bit2Me has over 300,000 customers and over 2 million academy college students. The platform additionally boasts of getting greater than $60 million in property below custody and over $3.5 billion transactions.