ARPA Completed the First Joint-IEO in Crypto History, Trading Starts
Breakdown & Next Steps
Today ARPA concludes its Initial Exchange Offering on Biss.com, as well as Tokenman, the largest crypto community in South Korea. We would like to thank everyone who participated and supported our project during this momentous event.
After the IEO, ARPA was listed on biss.com and trading started right away.
COMMUNITY INFORMATION
- 19,840 people participated*
- 100,000,000 ARPA tokens sold
- $2.5m in ARPA was purchased
- There were 6 rounds in total and the sales concluded in 3 seconds on average
ARPA was the first IEO to be conducted in both Korea and China and the first IEO to be conducted on the Biss platform. Over 6 rounds, a total of 100,000,000 ARPA tokens were sold for $2.5m. 5% of ARPA tokens were available for sale during this round of the IEO. This concludes the IEO for ARPA, we thank our community for their participation in this opportunity.
“The joint-IEO will be the best way to build awareness through communities in two of the most forward-looking regions in the world. ”
Usage of ARPA Token:
Biss.com is the world’s first token-to-stock exchange that’s invested by ZhenFund, Matrix Partners, Metropolis VC, Nirvana Capital, etc.
Tokenman is the largest IEO exchange and crypto community in South Korea with 500,000+ users. In the past, it has helped well-known projects like Ankr and Orbs to raise capital.
Metropolis VC incubated and invested in high-profile projects such as IOST, Thunder, Cortex, 0x and Lambda.
What’s Next?
With the IEO behind us, we are fully heads down focused on building our technology and forging partnerships to bring our platform into the mainstream. We will also continue to build our international community
Thank you again to our community for its involvement and support during the ARPA Initial Exchange Offering.
Follow our social channels to stay up to date with the latest developments:
*As a disclaimer, strict KYC checks were in place for the IEO and we did everything we could to prevent bots and multiple accounts from participating. In addition, residents or citizens of the following countries were not allowed to participate: Iran, North Korea, Sudan, South Sudan, United States, Yemen.
About ARPA
ARPA provides cryptography- and blockchain-based data privacy solutions for blockchains and enterprises. ARPA’s cutting-edge research on secure Multi-party Computation enables private smart contract, unprecedented data-at-use privacy protection, as well as scalable computational sharding.
As a layer 2 privacy solution, ARPA will equip current blockchains with a privacy-preserving option for developers to build highly efficient DApps on private smart contracts.
With ARPA network, enterprise and individual data can be analyzed or utilized without being exposed to anyone. In return, the data provider will be able to receive fair compensation every time their data gets used, without putting their privacy at risk.
ARPA’s highly-international core team consists of renowned cryptographers from Tsinghua University, system architects from wall street hedge funds, seasoned engineers from Google, Uber, Amazon, Huawei and Mitsubishi, blockchain experts from the University of Tokyo and Wanxiang blockchain labs, data scientists from AIG, World Bank, CircleUp, as well as venture investors and consultants from Fosun and Fidelity Investments.
To get more information about ARPA, or to join our team please contact us at about@arpachain.io
Stay in the loop with ARPA by following us on Telegram, Twitter and Medium.
Website: www.arpachain.io
Telegram: https://t.me/arpa_community
中文电报群： https://t.me/arpachinese
Medium: https://medium.com/@arpa
Twitter: https://twitter.com/arpaofficial
To get more information about ARPA, or email at about@arpachain.io
