As the world’s first legally-complied tokenized investment solution platform, Blackmoon Crypto raised nearly $10.6 million in its recently concluded pre-ICO round. The outcome demonstrated vast demand for a platform that bridges the gap between the crypto universe and the traditional investment market.
Blackmoon Crypto revealed that a total of 2804 contributors had participated in the “pre-order”, adding 500 BTC, 18,355 ETH and 12,620 LTC to the fundraising wallet. They will be first ones to receive Blackmoon Crypto’s institutionalized tokens, titled BMC, as a proof-of-asset.
“It was truly a crowdsale,” mentioned the official blog post, “since three largest contributors combined accounted for less than 26.1% of the total volume. All while 50% of the funds were provided by the contributions which were less than 1% of the total volume.”
Due to the proven high demand, with most of the $10.6 million raised ahead of the scheduled time, Blackmoon Crypto has supported its infrastructure and support staff in preparation for the first public round of its BMC token sale, starting September 12th, 2017, at 1300 UMC.
A Disruptive Platform
Blackmoon Crypto offers a vision for a new standard for tokenized investment vehicles. It will prepare them to fit aptly inside traditional legal frameworks while focusing on other aspects such as technology, infrastructure, and corporate structuring. As a result, Blackmoon Crypto will prove to be a one-stop solution for asset managers to create and manage tokenized funds.
The team behind Blackmoon Crypto works closely with the most experienced managers, lawyers, and financial authorities. So anybody looking forward to launching a tokenized fund can rely on the platform for any key assistance. Blackmoon Crypto follows the books, which means an easy integration of disruptive tokenized funds into the existing finance market. An excerpt from the whitepaper:
“We are helping to expand the boundaries of investment possibilities and to encourage regulators to recognize blockchain tools as the new reality in classical financial markets. Ultimately, Blackmoon Crypto aims to be the benchmark for tokenized investment funds and vehicles that invest in traditional investment instruments as well as in emerging distributed economy opportunities.”
ICO On Sep 12
Blackmoon Crypto crowdfunding round will be launched on September 12, which will feature the public sale of BMC tokens. The maximum supply of tokens will be 60 million and they will be available at the rate of 1 BMC per 1 USD. After the crowdsale ends, the token sold will be distributed to the registered Ethereum addresses of the participants within seven days.
Find more about Blackmoon Crypto’s crowdfunding round here, or make use of these handy links to know more about the project.
parent company website: blackmoonfg.com.