A2B Direct platform launches Token Sale

A2B Direct platform launches Token Sale (July 12 - August 12, 2017)
13 July 2017   1494

A2B direct, logistics project representing a full cycle platform for bulky cargo delivery, has launched Token Sale which will continue till August 12.  

The company has been on stage since 2016 the company and quickly received the "Uber Freight" nickname. The platform allows for a direct interaction between a freight forwarder and cargo owner across all stages of cargo delivery.

Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

A2B Direct already has a running product, the transfer of which to the blockchain system will significantly improve the existing business model, reduce costs and facilitate the process management for both carriers and customers.

A2B Direct launches Token Sale A2B Direct launches Token Sale

A total of 30 million tokens valued at $ 0.1 each will be issued, amounting to 30% of the company's value. Investments are accepted in Bitcoins, Ether and Dash. The token holder will be entitled to annual dividends from the company's revenues in the amount of 6 to 10 percent.

A2B direct is planning to raise from € 500,000 to € 3,000,000. Depending on the results of Token Sale, the company intends to open several representative offices in Europe and the US, as well as to implement blockchain applications for their platform.

South Korea to Invest $1B in Blockchain Startups

Blockchain is a revolutionary technology and an integral component of the Fourth Industrial Revolution, local authorities believe
19 February 2019   103

Until 2022, Seoul authorities are investing 1.2 trillion South Korean won ($ 1.07 billion) in fintech startups working with distributed ledger technology. This is reported by CoinDesk.

Funds will be allocated for the development of new technologies through the Seoul Innovation Growth Fund, created last year by local authorities. The foundation will support startups working on various solutions, including those that are in the early stages.

In the first half of this year, the Fund will allocate 13.25 billion won ($ 11.75 million) and 8.4 billion won ($ 7.45 million) in the second half of 2019. For the Korean authorities, the blockchain is a revolutionary technology and an integral component of the Fourth Industrial Revolution.

The officials also noted that the average investment per start-up at an early stage of development in South Korea is almost seven times lower than, for example, in Silicon Valley.

Last fall, Seoul authorities submitted a five-year development plan for the blockchain industry.