Pecunio VC Fund teams up with WOM token for major investment
Berlin, Germany, 24th of September 2018 — Pecunio is a Dubai-based venture capital fund that holds a growing portfolio of blockchain companies with its most recent investments being in leading projects like CoinSeason, Alchemy, Photochain to name a few. As of recently, Pecunio has inked an agreement with WOM token, lining out future strategic cooperation as well as direct financial engagement.
Under the provisions of the investment agreement, Pecunio intends to acquire WOM tokens for up to $1,000,000 in liquid assets. With further top-ups envisioned. The targeted transaction will accelerate WOM token’s capital raise, growth, and speed-to-market as it expands its institutional visibility globally.
WOM token boasts more than 200,000 registered users, via the YEAY platform, focused on the user experience and scalability which have caught the attention of such a prestigious capital firm.
“WOM Token has the potential to be a truly next generation advertising platform because of its unique approach of commercializing Word-of-mouth recommendations, alongside its development in scalability. Pecunio is pleased to partner with such a dedicated team,” said Reinhard Berger, CEO, Pecunio.
“My special thanks go to Melanie Mohr, the CEO and Founder of WOM token, who single-handedly arranged the deal and partnership with this outstanding team and project. She is a person we will definitely hear a lot about in the future”.
“After winning the Best ICO Award at Tokenmatch in San Francisco with a 200K Grand Prize of The Element Group and securing investment from the Advanced Blockchain AG, one of the very few stockmarket listed Blockchain and DLT companies and nakamo.to, we are very proud to take the next step with a crypto fund like Pecunio.”
Melanie Mohr, CEO of Yeay, Creator of Wom added.
About WOM Token ltd.
WOM Token ltd. is a leading Blockchain start-up, operating out of Berlin. WOM Token ltd. is introducing the WOM Token as a simple and transparent means for rewarding peer-to-peer recommendations in a scalable and robust economy leveraging the power of the blockchain. An estimated 2.1 billion daily product recommendations are made online, yet brands and advertisers do not have an effective and scalable way to properly incentivize, monetize, and measure peer-to-peer recommendations.
The WOM Token is introduced to record, track and reward word-of-mouth recommendations on the blockchain, creating a simpler, smarter and more transparent form of marketing for everyone. The WOM Token is building an ecosystem for all content creators, consumers, curators, publishers, and brands and is not limited to any one company, app, or entity.
To kick-start the process, WOM is partnering with YEAY, a fun, easy, and smart mobile video commerce platform. Launched in 2017, the YEAY app has a global network of creative, active, and predominantly GenZ and Millennial users. This makes YEAY the ideal platform to discover the power and flexibility of the WOM Token.
About Pecunio
Pecunio is a successful player in the crypto market with an expert team and a global board of advisors with top tier industry pedigree, such as Phil Nunn, Michael Creadon and Sam Ward. Following the first boom cycle of crypto currencies, professional investors start focusing on new and innovative solutions with actual use cases, MVPs and high disruptive potential, we call it “Blockchain 2.0”.
Potential candidates with outstanding market potential have surfaced, some of them with a promising outlook to become the next generation of Silicon Valley blue chips. With the required experience and expertise, Pecunio has created a unique and all encompassing solution to capitalize on the opportunities arising from “Blockchain 2.0”.
Pecunio’s flagship product is the Pecunio VC fund, that bundles the most promising Blockchain initiatives and allows investors to participate in the prospects of these companies from a very early stage on. Pecunio is led by Reinhard Berger, a former Hedge Fund manager and Capital Markets professional.
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