Bonpay Token Sale: Softcap Was Reached in Just a Few Days

Place/Date: London, UK - November 14th, 2017 at 11:05 am UTC · 3 min read
Contact: David, Source: Bonpay

If you haven’t participated in one of the most promising token sales of this autumn, you still have a chance: Bonpay, a multi-currency debit card, started its Token Sale on October, 31, and have already raised more than $6 million.

Unlike many other startups, Bonpay has a live product, offering clients a cryptocurrency wallet and card that can be used worldwide. Support of engaged users, who believe in the future of  the project, enabled Bonpay to reach soft cap in just a few days.

The CEO of Bonpay, Alex Blazhevych, commented:

“Our team was fascinated by the idea of cryptocurrency, but the problem was how to connect crypto- and real world. We want people to be sure that they can spend their cryptocurrency funds freely, so we decided to create Bonpay, which allows to spend digital currency everywhere by instant and seamless conversion to fiat money, without any hidden fees. We know that our project offers a great solution for crypto users, but we didn’t expect that it will resonance so strongly with community. Our team is grateful for support, and we promise that we will never stop improving Bonpay, ensuring the best service for cryptocurrency use.”

The token sale will continue until November, 28. Although 1 BON token equals 1/500 ETH, currently you have a unique chance to get 550 BON tokens for 1 ETH, as those who participate in token sale now, will get a 10% bonus on the amount of tokens purchased. In a few days, this bonus will decrease to 5%.

Bonpay also offers a 0.65% incentive reward and a 0.15% cashback bonus for all token sale participants.

Committed users who invest more than 10 ETH will get a Bonpay plastic card for free. Those who invest at least 20 ETH get a unique 20% bonus on their tokens, as well as a special edition Black Card with higher limits and lower fees. The more committed you are, the more benefits you get!

The company has a clearly stated roadmap; already-achieved and future milestones can be found in the whitepaper.

Funds raised in the token sale will be used to improve the existing product and add key features to make the service even more convenient. In the nearest future, the plans to launch mobile app, available both on Android and iOS. Once live, the app will allow users to manage their funds from their phones.

While Bonpay cards are currently only available for EU residents, the company is negotiating with leading card-issuing companies and exchanges in Asia, Africa, South America, Canada, Australia, and CIS countries.

Disclaimer: Bonpay is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.