Flashnet Hosts MEGAFLASH Crowdsale

Flashnet Technology, a company developing a high-speed, pre-mined private blockchain aiming to implement blockchain technology for use in digital marketing, accounting, loyalty, and security systems, is launching an ICO on November 17 for MEGAFLASH, the native cryptocurrency that powers the platform. 

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Flashnet to Introduce New Efficiency to Advertising?

The hope is the smaller players and entrepreneurs can advance their monetization of traffic, as current tools such as AWS and Google Ads are slanted towards larger players and corporations.

The crowdsale, which will be hosted on the Bittrex exchange starting Thursday, November 17, at 11 AM Pacific Standard Time, will support the development of the FLASH network. Users will also take advantage of a bonus schedule of discounts of up to 25 percent for the first 24 hours of the sale.

Early internet entrepreneur and creator of Point Communications, Chris Kitze, now CEO of FLASH, expanded on the group’s initiative.

“Crowdsales are an excellent way to introduce new crypto coins to the community,” Kitze said, “offering a way to support a worthy project and accumulate some coins right as they’re being introduced.”

“We’re excited to see how MEGAFLASH helps bring cryptocurrencies to the mainstream by solving the problems advertisers and marketers face online, and by rewarding Internet users for their time and engagement,” he added.

“This is also a unique opportunity to expand the traditional advertising exchange of publishers and advertisers to include micro-influencers, consumers and merchants and to help advertisers turn ads into long term customer relationships.”