Coinme Announces the Start of the UpToken Sale Today With Over $40 Million USD in Pre-Registration Signups
Coinme, a venture-backed crypto financial services and blockchain technology company began its UpToken crowd sale today. As quoted in the press release: There is no pre-sale, and the sale will be open to the public from the start. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/aa4118cd-368c-4d42-9f25-67fb4b79cdd7 UpToken was designed in partnership with J.R. Willett, who … Continued
Coinme, a venture-backed crypto financial services and blockchain technology company began its UpToken crowd sale today.
As quoted in the press release:
There is no pre-sale, and the sale will be open to the public from the start.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/aa4118cd-368c-4d42-9f25-67fb4b79cdd7
UpToken was designed in partnership with J.R. Willett, who invented the token sale in 2013 with the launch of Mastercoin (now called Omni). Since J.R.’s pioneering launch, token sales have since generated more than $2 billion for blockchain technology companies. To date, pre-registrations for UpToken exceed $40 million USD.
Bitcoin has recently hit record highs, hitting an all-time high of $5,800 per Bitcoin, creating a market cap of nearly $100B, but while demand soars, still only a fraction of the world population has access to the revolutionary currency. “Nine years after the creation of the first Bitcoin, there are still less than 20 million people who own Bitcoin. Compared to the more than 7 billion people in the world who could benefit from Bitcoin and other digital currencies, it’s clear we still have a long way to go,” said Neil Bergquist, Coinme co-founder and CEO. “The lack of user-friendly access to crypto is a major barrier to global adoption. With UpToken we plan to accelerate the deployment of a global crypto ATM network and help virtual currency ‘cross the chasm’ to become adopted by the masses. This includes giving access to the 2 billion people in the world who are unbanked and don’t even have access to basic financial services.”
