Cryptocurrency trading platform HOLDVEST has closed the pre-ICO stage of its token sale, pulling in over $200,000.
HOLDVEST will reveal the exact funding amount once all transactions are confirmed, including fiat contributions.
The company will launch the main stage of its crowdsale in June. The softcap for the ICO is $500,000 and a hardcap has been set at $5m, with 82 per cent of the HDL tokens being offered across the whole token sale.
The company offers a decentralised cryptocurrency investing platform, enabling users to back digital tokens and blockchain projects from one location. Its services offer access to ICOs, portfolio management, cold storage wallets, crypto index funds and a decentralised exchange. Consumers can sign up for the beta platform now.
Its HDL tokens can be used to complete transactions, access discounts for advertising on the platform, as a voting mechanism for updates on the app, and access extra trading features. Tokens can also be used in its buyback programme.
HOLDVEST CEO Igor Pletenev said, ?Were very pleased by this early investment in our pre-ICO. This establishes that investors see the need for a universal crypto trading gateway and shows that they see the strength in both the concept and the business implementation.p>
Following the ICO the company will look to complete platform improvements including optimising the trading engine, and improve multi-portfolio strategies, according to the company roadmap. HOLDVEST will also look to initiate its HDL token buyback scheme, and launch the mobile app.
Other plans for the future include a crypto index fund launch, implement fiat gateways and release a decentralised exchange, according to the company.
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