Apptrade to Reward Crowdsale Participants with Three Percent Bonus

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Participants in the AppTrade Initial Token Offering (ITO) will immediately receive a 3 per cent BONUS, allowing for a greater return in their outlay.

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Powered by the digital token APPX, Apptrade creates portfolios, or groups, of apps, where if one of those apps becomes the next Instagram or Angry Birds, then the value of the portfolio rises.

Every time someone in the participants’ network orders APPX, a 3 per cent BONUS on every paid order will be dropped into the participants’ account. What is even better is that everyone that is referred will also receive a 2 per cent BONUS, just for ordering APPX.

Adding to these latest incentives to invest in Apptrade, the “Kickstarter for Apps on the Blockchain”, OpenLedger ApS recently gave a $100,000 USD boost towards the ITO.

Ronny Boesing, CEO of OpenLedger ApS, explained:

”It was clear that we needed to make the AppTrade ITO appealing to anyone deciding to participate. In addition, we wanted to show our belief in this project, and felt that there was no better way to show this than with our actions.”

The minimum fundraising goal is $1M USD with a cap of $5M USD. With a total of 8.25M APPX tokens on offer, Apptrade will back these tokens with 20 per cent of the future revenue from the Apptrade platform, and any unsold tokens will therefore be distributed proportionally to all participants.

At each Stage during the ITO, there is a goal, and participants within these Stages get special bonuses. A temporary token, the APPX WARRANT, will be sent to every participant on the first day of Stage 3, when the ITO has reached its minimum goal of $1Million USD.

All Master token APPX coins will be tradeable exactly one year from the conclusion of the ITO, upon when participants can convert temporary tokens to the official Master tokens.

Boesing continued, “Apptrade’s final valuation is going to be based on the amount raised, whether $1M USD as its threshold or money back guarantee, or the maximum of $5M USD. The valuation of the Apptrade platform will be determined on what is raised. The deadline according to the escrow agreement is set to end on April 30 2017.“

Daniel Pineda, Founder of Apptrade, stated:

“We firmly believe that our platform, built on the ecosystem of OpenLedger and powerful BitShares blockchain technology, will be successful as we have undertaken thorough market validation exercises and received very positive results. We hope that all the participants in our ITO will be motivated by our bonuses and support us in our goals, just as we hope that our platform will maximize their gains.”

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About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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