This article originally appeared on the 0xcert website and has been replicated here with express permission from 0xcert.
Finally, the numbers sank in and heads cleared from all the post-crowdsale joy, so here is a review of the 0xcert Crowdsale (July 4):
- 17:00 CEST: Launch 0xcert Crowdsale
- 18:36 CEST: 0xcert Crowdsale sold out
0xcert Presale was sold out fast two days before, but we knew it would not be easy to repeat such success with the Crowdsale.
Transactions were coming in at a steady pace was steady and consistently, and it was only a matter of time before we’d see the blue bar fully loaded. The stats are still notable, especially since the crypto-world is facing a bear market.
Crowdsale in numbers
- 0xcert raised 4,175.48 ETH
- in 96 min
- by 233 contributors
- from 51 countries
- through 297 transactions.
On average, this is 43.49 ETH per minute and 17.92 ETH per contributor.
Combined with Public and Private Presales, we successfully made it to and beyong the 20,000 ETH hardcap.
KYC token increasing security
Compared to all the successful transactions (297) in the Crowdsale, there were 31% more transactions that were rejected (390). We improved our KYC process by employing onFido verification engine and combining it with our own Xcert KYC token, which helped us filter out all those who did not pass the KYC, so that we can keep our community healthy and verifiable.
These ERC-721 KYC tokens helped us improve ICO security and enhance identification procedure.
0xcert Crowdsale was the first known application of ERC-721 tokens in KYC process, and we’re proud to be leading the way for other ICOs and their safety features.
Tokens
Within 96 minutes of the Crowdsale, all the last remaining ZXC tokens were sold out, together with 5% bonus. Next, ZXCs are heading towards exchanges.
Since we cannot disclose more information before its official confirmation, you may subscribe to our Newsletter here, to make sure you don’t miss any news about exchanges, partnerships, and new dapps we will be developing.
Thank you
Once again, we thank all the contributors and the entire 0xcert community. It was proved that an amazing product, a wonderful team, and plenty of hard work can bring the same — if not better — results as focusing on pricey and over-the-top marketing.
We appreciate that you put your trust in these 0xcert qualities, and we are looking forward to creating the non-fungible future with you.
To learn more about 0xcert protocol and its usability potential please visit 0xcert.org, or explore the links below.
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