Blocktrade, a Tallinn, Estonia-based gamified asset marketplace for everyone, closed its exclusive Blocktrade Exchange Token (BTEX) sale round, which ran from May 5th to 18th and followed a sold-out pre-sale round earlier this year.
A total of €4.5m worth of BTEX has been raised from over 1400 community members in 42 countries.
The company intends to use the funds to expand operations and its business reach.
Established in 2018 and led by CEO Christian Niedermueller, Blocktrade provides a digital asset platform that offers a wide range of cryptocurrencies, a user-friendly interface, multiple payment options, saving plans, and exceptional customer support. The platform is transparent, with over 5,000 class-B shareholders, and regulated to EU standards. It is registered as a VASP with the Estonian, Italian, and Slovenian regulators and operates in full compliance with AML 5 guidelines.
The BTEX token will enable users to engage in the Blocktrade gamified universe and wider ecosystem. BTEX holders will be able to access in-house and third-party games hosted on the Blocktrade platform, and use the token to unlock level fast passes, physical rewards, NFT avatars, token airdrops, trading bonuses, live chat and priority support, deposit and withdrawal discounts, and additional APY on staking. Token holders will also be able to utilize BTEX to access alternative payment options within partner ecosystems.
FinSMEs
29/05/2023