November 30th, 2017 at 9:32 am UTC · 2 min read
A FinTech startup providing the technology for asset tokenization through its Proof of Asset (PoA) protocol, BANKEX accomplished its targeted soft cap (20 000 ETHs) collecting in cryptocurrency equivalent of 53 000 ETHs ($23M) by now.
The BANKEX Token Sale will be live for one calendar month and will close on December 28th or when the hard cap of 140 000 ETH is reached. BTC, ETH Waves, TIME, Litecoin and SALT are all accepted as forms of payment in exchange for BANKEX Tokens (BKX). The price starts at 625 and will gradually decreasing to 500 BKX per 1 ETH.
BANKEX aims at work with various financial institutions — in order to facilitate operations a substantial amount of tokens (280 000 ETH worth) was reserved.
“Starting from November 28 you can buy BKX tokens, which may be used just after public token sale, because the ecosystem will not only support the purchase and sale of assets, but also all the necessary financial instruments that may be used to keep turnover of assets, such as crypto-hedging tools, custodian or a trust service. All these are vital elements of protection and risk mitigation for investors who want to invest in digital assets.” says Chief Strategy Officer of BANKEX Constantine Kurbatoff.
BANKEX Tokens are currently available with a 10% bonus – take part in the Token Sale here.
BANKEX is building new technology on the blockchain that enables the creation of Smart Assets, which marks the beginning of development of a new generation of decentralized capital markets. The company devises the Internet of Assets (IoA) — an online platform that allows tokenization of real assets. It works on the principles of Bank-as-a-Service (BaaS) by implementing Internet of Things (IoT) and Artificial Intelligence (AI) technologies to monitor the state of each asset and keep track of evaluation process. These technologies can create various types of Smart Assets, which can be bought and sold worldwide.