Press releases
DECOIN.IO to Cross Soft Cap. Perry: “More Developments Will be Announced Soon”
Bitcoinist | Jul 12, 2018 | 19:30
The high growth rates seen in the crypto space over the first half of 2018 have been exceeded in June, a month that saw a spike and tremendous rise in investor interest towards ICO that could offer real potential value to investors. DECOIN—an emerging blockchain-based trading and exchange platform offering redistributed revenues to coin holders—has successfully reached its soft cap fundraising goal.
“We are excited about reaching the soft cap of $4,000,000” says Shay Perry, CEO of DECOIN. “The support of the community has been fantastic and we will soon announce further developments in the project.”
Company Overview
DECOIN is making waves in the blockchain space by developing an exchange that offers practical utility to its users. The company’s blockchain—which is based on a proof-of-stake (PoS) algorithm, incentivizes user loyalty by enabling him a 6.2% Staking rewards. The company will comprise a global operation—with multi-lingual support offered across international offices.
DTEP platform to launch within 6 months
In addition to achieving its soft cap milestone, the company will be swiftly moving forward with the development of the DECOIN Trading and Exchange Platform (“DTEP”) in the next stage of its roadmap. DTEP is expected to launch in about 6 months, coinciding with the company’s receipt of licensing from the Monetarian Authority of Singapore. This important step will allow DTEP to operate under a regulated license.
Increasing Interest in DECOIN’S Crypto Indexes
Additionally, DECOIN is making significant headway in the development of the DECOIN Crypto Index (“DCI”). The team’s analysts are analyzing and researching new projects to potentially be included in the indexes; all projects will be thoroughly vetted before making a final decision on which ones to include in the DCI.
DECOIN has accomplished some impressive early results, and—from the perspective of the company’s leadership— this is only a great beginning to the project’s future success record.
“We reached the funding goals in the first stage, from the number of users we were hoping to see contribute to the project at this stage,” says Perry. “There are international global funds that are interested in investing in DECOIN. We are thrilled about this first successful step and enthusiastic and confident about the roadmap still ahead of us.”
More information on the ICO and the company itself, including whitepapers and vision, can be found on https://www.decoin.io
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Images courtesy of DECOIN
