ICO HeadStart raises $10.8m in first weekend of ICO pre-sale

ICO fundraising platform ICO HeadStart has raised $10.8m during the first weekend of its pre-sale.

The sale of the MOAT (Mother of all tokens), has seen $2m committed in digital currency, with the remaining $8.85m coming from angel investors. The target for this pre-sale is $10m and will run until December 20th.

Amsterdam-headquartered ICO HeadStart is a fundraising platform for promising ICOs, after each sale has been screened, selected and certified. The solution allows backers and project creators pay 0% and no additional costs.

The company ICO will launch at the start of January and last for 30 days, with a goal of 120,000 ETH.

ICO Headstart founder Nawid Habib said, ?We are amazed and thankful for the trust and enthusiasm which we have received from our community. This has resulted in sufficient funds to start executing our plans. We invite every blockchain enthusiast to join our community.p>

Earlier this month, ICO regulation platform iComplyICO closed an undisclosed angel investment. The company helps to automate the compliance procedures for ICOs, enabling them to be a secure investment.

The blockchain and cryptocurrency sector saw a record quarter for funding in Q3 2017, with $996m being invested during the period. While there was new high for funding levels, there was not a big increase to the number of deals.

Copyright ? 2017 FinTech Global

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