Nauticus ICO has been a huge success!

Nauticus Blockchain
4 min readJul 19, 2018
CEO Bryan Ng and COO Jonathan Chang

It’s taken four months - 122 days - but the Nauticus ICO has finally wound up. It has been a huge success on any measure, raising at least $17 million USD according to the website counter.

But COO Jonathan Chang says the actual money raised in the ICO will be much higher as the counter does not reflect a late surge of large private contracts that occurred in the final weeks of the sale while he and CEO Bryan Ng were promoting the project throughout Europe and Asia.

The pair are working their way through a huge stack of paperwork with the help of our legal team this week, while another team are auditing the public sales, to come up with the final figure for the token contract. (Note for NTS holders: private sale tokens are locked for 6 months to 2 years to protect the value).

“We have been truly astonished at how interest in the project snowballed as the ICO entered its final stages,” says Ng, pointing to coverage of Nauticus in its final month in Forbes and CNBC.

“Maybe it was FOMO! Whatever it was, we want to thank everybody who supported us — it has been incredibly humbling to know there are people right around the world who are barracking for us to succeed.”

Speaking from the Shanghai office, Chang paid tribute to the vibrant social media community that has sprung up around the project, both for their enthusiasm as well as their valuable feedback.

“It’s been incredible to watch this project grow from a series of excited late night discussions between Bryan and I, to an international project with half a million users and 31,000 fans and followers on Facebook,” he said.
“An I truly believe we’re just getting started.”

During the ICO 475,000 users registered on the platform, providing a huge potential user base for the Nauticus Exchange. The project also attracted attention from some of the biggest business media outlets in the world. Apart from CNBC and three appearances in Forbes, Nauticus was also covered by Business Insider, SmartCompany, CoinTelgraph and Bitcoin.com.

The company has expanded internationally at a rapid speed and now boasts representatives and in almost 30 countries. Nauticus is particularly active in Asia, opening an office in Shanghai, partnering with two Asian blockchain based eCommerce platforms, and inking a deal for marketing and promotion across Japan, Korea, Hong Kong and the Philippines with Token News in Hong Kong.

In Melbourne, the company outgrew its former home in Kew Junction Tower and recently moved close to the heart of Victoria’s financial district - the ‘Paris End’ of Collins Street, Melbourne.

Other highlights:

Joining the Enterprise Ethereum Alliance and The World Blockchain Organization.

Expanding the list of supported fiat to 7 by including the Chinese Yuan.

Unveiling the first 57 coins that will be traded on the exchange including the world’s top five cryptocurrencies — Bitcoin, Ethereum, Ripple, Bitcoin Cash and EOS — along with LiteCoin, Dash, Ethereum Classic, ICON, QASH, TRON, VeChain Thor, WaltonChain, ZCash and Zilliqa.

Forming an alliance with the blockchain-based eCommerce platforms Jufuchain/Badou Mall in China, and Galaxy eSolutions in Hong Kong.

Engaging a large Chinese manufacturer to conduct research and development to improve the efficiency of energy intensive blockchain mining machines.

Releasing the beta version of the Exchange Platform and Mobile App for user feedback and testing, to better tailor the release version to our users’ needs.

Growing the social media community from zero in January to the point where the Nauticus Facebook page now has 31,000 followers, the official Twitter account has 12,500 followers, and there are more than 13,000 supporters in the lively Telegram group.

An average score of 4.5 out of 5 stars on the top ICO review sites including ICO Marks, ICO Bench and Top ICO List throughout the ICO period.

Announcing listing partners including FunFair, Power Ledger, Hive Project, TravelFlex, IP Exchange, Iagon, ICO HeadStart, CargoCoin, Pecunio and KryptEd.

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Nauticus Blockchain

Nauticus provides user-friendly, efficient and secure crypto banking, payments and eCommerce solutions utilising blockchain technology.