Decoin ICO Reaches $4.7M as the Crypto Community Shows Interest in its Fast-Paced Developments

The crypto exchange and trading platform that promises to share revenues with its coin holders has announced fast-paced developments and released a product demo screenshot after raising $4.7 million in its ICO.

Sponsored

Decoin’s initial coin offering (ICO) has reached a new milestone, raising $4.7 million two weeks before the August 31 deadline of the private sale. The company has already hit its soft cap target of $4 million, and investor interest is anything but abating.

The flagship product – Decoin Trading and Exchange Platform (D-TEP) – is an innovative decentralized solution with a unique revenue-sharing model. D-TEP will support up to 1,000,000 transactions per second and hundreds of thousands of cross rates simultaneously.

The platform aims to make crypto trading accessible to newcomers and veterans alike through the use of a minimalistic, user-friendly interface. It features an open API and multi-currency wallet support and will be fully GDPR-compliant upon release. D-TEP’s security is entrusted to a team of experts, and 90% of the crypto assets will be stored offline.

Under the “coin of the people” model, owners of the native DECOIN coin will receive a share of the trading revenues and will be eligible for a 6.2% interest rate per annum on their DECOIN holdings. The company is also gearing for the launch of its own DECOIN Crypto Index (DCI) to increase the potential profitability of its trading and exchange platform. It is expected to announce new projects under the DCI umbrella.

Potential for strategic B2B relationships

Decoin’s leadership team has begun negotiations with various companies in the crypto space to ensure the execution of its ambitious strategy. It has already inked a deal with Pecunio, a crypto fund for institutional investors that raised over $25 million in its ICO.

With the soft cap reached, Decoin is looking forward to the launch of its D-TEP platform in early 2019.

"There are funds from all over the world that are interested in investing in the project," says Decoin CEO Shay Perry.

To follow Decoin’s progress, visit their website, follow them on Twitter, Facebook or join their official Telegram channel, to receive timely updates.