New York-based cryptocurrency startup, ATB Coin has announced that its one month long ICO, that started on June 12, 2017, has already raised over $14 million from over 1000 investors. With almost a week left, the ICO presents an opportunity for investors to support the project.
The ATB Coin platform has been developed using SegWit, Lightning Network, Smart Contracts, ATB Offline Codes and other advanced protocols. The platform also has the ability to record borderless micropayments in microseconds. The ATB Coin recorded a total of $12 million worth of investments, in the first 15 minutes of the ICO.
Company CEO Edward Ng last week stated that the company had received investment interest from the United States, Canada, and China.
“We also mentioned that the company is pleased with the current level of response from their potential investors. The ICO is ongoing for the next two weeks and is expected to reach its target of $50 million.”
ATB Segregated Witness – The aim of ATB SegWit is to optimize the size of transactions allowing it to combine multiple transactions into one block. It reduces the effect of issues such as network scalability, block overflow, transaction speed and commission reduction. ATB Coin increases the efficiency of the block itself without increasing the block size.
ATB Offline Codes – ATB Offline Codes use a business model in which users can purchase virtual goods online. Offline codes also offer small fees, private and fully transparent transaction. They also stimulate good behavior and more productive discussions on online forums and social networks.
ATB Lightning Network – ATB Lightning Network protocol optimizes the block network, dramatically increasing the transaction speeds and reducing the size of the commission. The Lightning Network’s multi-signature operation mode generates two private keys in the “2 out of 2” cryptography scheme and requires two signatures in order to use coins stored at an address.
ATB Smart Contracts – ATB Smart Contract is an automated algorithm that describes a set of conditions, the implementation of which entails real life events known to everyone. Smart contract blockchain technology now replaces the physical paperwork of lawyers and accountants. The decentralized nature of this technology offers users a much superior level of protection and reliability through a cryptographic solution.
ATB COIN ICO
ATB Coin ICO is running between June 12, 2017, and July 12, 2017. The company has been offering investors bonuses of up to 10%, stimulating interest in capital investors. ATB Coin will mint a total of 333 million tokens, of which 50 million will be assigned to the Crowdfunding ICO. At present, the ICO is in the fourth and final round of bonuses, which is offering participants a 1% bonus of ATB token purchases. ATB Coin ICO participants may invest using Bitcoin, Ethereum, ZCASH, and Litecoin.
Images courtesy of Bitcoin PR Buzz
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