The first Legal Canadian ICO just launched

The Crypto Guy

For the first time ever the CSA (Canadian Securities Administrators) has authorized and regulated an ICO in Canada. Impak Coin is now the first regulated ICO in north america by a federal agency and that’s probably going to be big news in the coming days! My guess is that the market will react positively to the news and impak coin should sell out quickly. (Link to bulletin about regulation here)

Impak Finance (the company behind the Impak Coin ICO) is a startup that has raised well over 7 figures last fall. Impak Finance is working towards becoming the first bank ever to host an ICO. This is an incredible moment, a bank embracing cryptos! Impak Finance isn’t quite a bank yet however, but they plan to transition from investment fund to a bank by 2019. The money they’re raising now is to help them make the jump.

With their newly announced ICO they’re looking to raise $11.5M which shouldn’t be too hard to do with today’s very favourable climate to ICOs.

They’re offering a 25% bonus during the presale, which is on the high end of bonuses companies preparing ICOs usually offer.

Their coin, called impak Coin, or MPK, is a currency that can be redeemed in real life at any of their partners’ location or used to lend/invest in companies through their ecosystem which they call impak.eco.

The coin should sell out pretty quickly because of its scarce offered volume and big bonus during the presale.

Their website: mpk.impak.eco

PS: To get the 20% bonus, enter the VIP code “Earlyimpak” while purchasing.

Any other Crypto/ICO you would like us to cover in our miniseries? Let us know!

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