Spotcoin Hits Soft Cap Ahead of ICO launch

Supporters snapping up SPOT in a bear market

Spotcoin
3 min readOct 21, 2018

Sometimes, when we are so mired in the weeds of everyday business, we forget how powerful the blockchain community is and how loudly they speak on what they love. Today, we realized we may be one of those things the community loves because our ICO is a success and it hasn’t even started!

Spotcoin team members led by CEO Tim Gick (middle)

Spotcoin is elated to announce that we have already hit our soft cap of $5 million. Even before our public ICO, many people have taken part in our private placement sales and pre-ICO round to scoop up SPOT tokens using a combination of fiat and digital currency.

“Now our primary emphasis is getting the exchange online as soon as possible.” — Byron Yoshida, ICO Program Manager, Spotcoin

First on our agenda after the ICO wraps up is to get the digital exchange up and running.

“We know there is a need for fiat and digital currency solutions. Liquidity is key and that’s what we do here at Spotcoin,” Byron Yoshida, Spotcoin’s ICO Program Manager said as he looks forward past the ICO to what is next on the horizon. “Now our primary emphasis is getting the exchange online as soon as possible. We want that access for everyone. Plus, our investors will enjoy the bonus of dividends.”

Spotcoin is ready for the next challenge. That’s where we thrive. Spotcoin CEO Tim Gick knew Spotcoin had the right product for the right time. When you fill a need, people show up. But he also knew it was a risk for Spotcoin to launch in the current market.

“It’s a bear market. Not an ideal time to launch an ICO. And that was always a risk,” Gick acknowledged. “But we knew there was a need for simple liquidity, ease of access, and reaching the Black Sea Region of 300 million people. To us, reaching this milestone validates our mission and lets us know we’ve won the confidence of our investors, our whole community, even in the bear market,” Gick said.

“We are on the right track.”

Indeed, we are. Because of the amazing Spotcoin community, our wonderful partners, a truly dedicated staff, and you. Together, we are executing a mission to make digital currencies work for everyone.

And don’t forget! If you haven’t already had a chance to pick up some SPOT, your chance comes on October 22nd at 18:00 (UTC+4). See you then!

Interested in more Spotcoin?

Join our Telegram community: Spotcoin Team, Spotcoin News, and Spotcoin Bounty.

Take a look at our complete ICO offering here.

Read our Whitepaper here, for more details.

Check out our in-depth publications on Medium.com

Visit spotcoin.com, where we make digital currencies work for everyone.

Residents and citizens of the countries are prohibited from taking part in the SPOT public sales: the United States, US territories, Ethiopia, Iran, Iraq, North Korea, Serbia, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Vanuatu, and Yemen.

However, certified accredited U.S. investors can take part in the SPOT private sale. Any investment in digital currencies comes at a risk. No one should invest money that he or she can not afford to lose.

Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this email are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

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Spotcoin

Spotcoin makes digital currencies work for everyone through quick, simple trading. Digital exchange set to open in beta in Dec. 2018.