On July 5th, the Polybius crowdfunding ICO has finished, and now, after five weeks of worries, joys (and at times difficulties), they can safely say that the ICO has not only achieved its goals, but it managed to exceed most expectations.
Latest Statistics
Starting from May 31st, when the fundraising began, the Polybius project collected over 12.000 BTC (or over $31 million) with the help of more than 26,000 participants. A total of 3,650,521 tokens have been sold with the remaining soon to be destroyed.
How it Happened
- Within the first day of the ICO, the first milestone of $1.5 million has been reached. Yes, we still remember the promised article related to the technical problems that arose in the early days of the ICO due to the large influx of people wishing to become a part of the project — stay tuned!;
- Within the first six days after the start of the Polybius tokens (PLBT) sale, sufficient funds were collected to not only expand the scope of Polybius Bank but to also fund the development of the DigitalPass technology — $10 million;
- And despite the natural fluctuations in the cryptocurrency exchange rate that happened in mid-June, by the end of the ICO, we were able to reach the 5th milestone. Monies collected over $25 million will be used for venture capital investment.
More About Polybius Bank
It will be a contemporary banking institution with a progressive approach
With the support of global banking experts and renowned tech veterans, Polybius aspires to build a comprehensive banking solution for all.
Polybius Bank will combine features of modern banking, IoT, Big Data and Blockchain-based technologies while also meeting security and UX requirements.
The Digital Pass technology, developed by HashCoins and implemented into Polybius Bank, will serve as an automation and digitalization ecosystem, allowing us to not only integrate single companies, but entire industries enabling access to financial and industrial services in the same Pass, at a click’s hand.
Polybius financial services will be fully interconnected with international systems to respond to the transaction needs of our customers worldwide. If you have ever contemplated the inner workings of a bank or you are a fan of new revolutionary technologies, take a look at our Prospectus below!
