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HomeNewsHumaniq Humanitarian Blockchain ICO breaks the $5 million barrier

Humaniq Humanitarian Blockchain ICO breaks the $5 million barrier

With over 11,600 participants and an average contribution of $430, Humaniq a humanitarian Blockchain startup aimed at empowering emerging economies with financial inclusion tools has broken the $5 million dollar mark as their ICO drew to a conclusion at midnight CET  on April 26th.

Their goal is to provide financial services to some of two billion unbanked people around the world.

“We’re in a much better position to achieve this thanks to the extremely enthusiastic support of the people who have contributed to our ICO. We’re already moving ahead to the next steps. We’re continuing to refine our app, which we’ve been testing since March 15th when we released it on iOS and Android. We’re moving forward with our Ambassador program and now we’ll have the resources we need to roll it out and start training our local brand advocates to push user adoption in our target areas. We’re continuing to partner with very exciting companies: some are working on parts of our app, and many are working on creating their own third party services to plug into the Humaniq ecosystem. We’ve opened offices in Moscow, Luxembourg, and London so that we can keep our fingers on the pulse of the fintech scene and take advantage of all new opportunities that are presented to us,”stated Chairman Alex Fork.

In his blog post he added that they have come a very long way in a very short period of time.

“Barely more than a year ago I was discussing the idea of Humaniq with Vitalik Buterin, and I began putting the pieces into place throughout the summer and fall of 2016. In December we gathered a tiny international team of five people to do a quick and lean campaign for our pre-ICO so we could secure funding to develop our app prototype and gauge interest in the project. We had a goal of $68,000 and then we proceeded to get swamped with an outpouring of support, ending up with almost $110,000. Knowing that we were on to something, we took a break for the New Year’s holidays and cogitated on what we learned from the pre-ICO, planning our next steps carefully.”

In January they put together the core of our ICO team.

“These wonderful people are the ones who set us up for the success we’re experiencing today. They worked long hours to help refine and implement our multi-phase plan. Doing an ICO well is not easy, and there are a lot of moving parts, but they’ve been remarkable from the start. We’ve grown our team since then, adding people who have helped us in many different ways and brought valuable experience to the project. We’re going to keep growing, because the vision that we started with over a year ago is now a reality, and it’s time for us to get back to work on Humaniq. I don’t think our supporters would expect anything less of us.”

“To everyone who believes in us and has contributed to our pre-ICO and ICO, thank you from the bottom of our hearts. Without you, Humaniq wouldn’t be possible.”

Richard Kastelein
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, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has 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 at over 50 events in 30+ cities.
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