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First Blockchain-Based Bandwidth Marketplace Privatix Reaches Soft Cap in Token Sale

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First Blockchain-Based Bandwidth Marketplace Privatix Reaches Soft Cap in Token Sale

Post by Vladdirescu on Wed Nov 01, 2017 7:17 pm

PrivatixToken Limited announces its token sale for its Broadband Marketplace powered by P2P VPN Network on has already reached its soft cap. Autonomous and decentralized P2P VPN Privatix allows users worldwide to sell unused internet channels for cryptocurrency or buy such channels for business purposes. The platform can be user by developers to build variety of products like CDN, VPN, Proxy marketplaces and others.

October 30th Gibraltar: Privatix Network is the first fully decentralized and autonomous P2P VPN-network based on the blockchain technology that allows its participants to buy and sell internet channels for cryptocurrency. All settlements between members of Privatix Network are done using the cryptocurrency based on Ethereum blockchain. PRIX, an ERC20 token is the central part of Privatix Network, it can be freely exchanged to other currencies.

On October 19, 2017, 14:00 UTC – PRIX token sale started. Importantly, the Token Sale offer 8,000,000 PRIX and successfully finished hitting the minimum goal (soft cap) of 3,350 ETH. The Token sale ends November 16, 2017 and indicating a great interest of the audience to the concept of a standalone blockchain-powered p2p VPN platform. Unlike other tokens, PRIX tokens cannot be mined. After the initial emission, the overall number of tokens remains fixed and no more new tokens will be issued. A bonus of 40% was granted to every buyer in the first 48 hours after the token sale starts. Then the bonuses will decrease every week.

https://coinidol.com/privatix-reaches-soft-cap-in-token-sale/


Vladdirescu

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