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Wednesday, October 27, 2021
Home News Eidoo Raises $27.9m In Successful ICO To Bridge The Cryptocurrency Gap And...

Eidoo Raises $27.9m In Successful ICO To Bridge The Cryptocurrency Gap And Open The World Of Digital Currencies To The Masses

Eidoo, the multi-currency wallet, hybrid exchange and ICO engine in one easy to use app, has raised $27,913.264 in an Initial Coin Offering (ICO) that closed today, propelling the Swiss startup to the forefront of bringing cryptocurrencies to the masse.

Eidoo is also announcing a 25% bonus in tokens for those who purchased during the ICO and retain their EDO cryptocurrency for a 6 month period in the form of a crypto Airdrop; a system whereby ​a​ ​Blockchain project distributes ​free​ ​tokens or​ ​coins ​to a long term supporter of a project​. The Eidoo Airdrop is expected to begin on April 17th 2018 with 3,000 addresses eligible to receive the bonus EDO.

Launched on October 4th 2017, the ICO result gives immediate validation to Eidoo’s vision that access to the cryptocurrency world should be open to all as it expands exponentially. Eidoo is a Blockchain-to-human interface which aims to solve the challenges and barriers to entry of dealing in cryptocurrencies; using a carefully designed and developed set of products and services which includes a digital wallet, decentralized exchange, digital identity solution (for taxation purpose) and an ICO Engine allowing users to take part in ICOs themselves.

The services are packaged into an app that provides a top class and intuitive user experience, with the focus on a simple and secure way to store, purchase, sell and transfer digital assets, as well as purchase or sell commodities using the various cryptocurrencies without the need for a central authority.

Security is top of the agenda for Eidoo with lost digital assets easily recovered and private keys managed by the users directly. Initially catering for Ethereum and ERC20 tokens, Eidoo plans to add Bitcoin by Q1 2018 and will cater for many more cryptocurrencies in the future following an aggressive development program.

Eidoo CEO Thomas Bertani said:

“We are delighted with the reaction to our ICO. Our product, which is already available to download for free on the iOS app store or from the Google Play Store has been built with the express purpose of bringing the crypto world to the end user in a single integrated environment that will be used to control all tokens, without the need for elaborate configurations, while still providing peace of mind by complying with all security and safety standards and practices.”

Bertani concluded:

“We have a very ambitious roadmap of product development, which also includes the introduction of a debit card in 2018. Raising $27.9M in our ICO will accelerate the development process and assist us greatly on our mission to make the use of cryptocurrencies easier than mobile banking with a high street bank. We’re also delighted to announce a surprise Airdrop of +25% additional tokens for the customers of our ICO who retain their EDO for a period of 6 months or more.”

Richard Kasteleinhttps://www.the-blockchain.com
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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