The Spotcoin ICO Closes With Over $14.5M Unaudited Tally

Spotcoin
3 min readOct 27, 2018

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On October 22nd, Spotcoin launched its ICO, and all the hard work has paid off. The Georgian company is pleased to announce that it has raised a combination of fiat and digital currencies totaling over $14.5 million!

Spotcoin CEO Tim Gick pointing towards a NEO project colleague during the 2018 NEO Black Sea Community Assembly

Final in-depth financial results will be published after a third-party audit is conducted on our token sale. We encourage you to keep watch on this Medium channel for the latest news.

It’s not every day that you get to launch your company’s ICO. Even more rare, an ICO that closes in this market with strong demand. Honestly, our team isn’t surprised that we received so much support. We know the community yearns for simple liquidity in the smart economy. There is a consistent need, and even in a bear market, we’re proud to deliver solutions for everyday people, especially in the Black Sea region where so many people have been left out of traditional and new economy services.

Whether it was the belief in our mission, the allure of dividends, or dedicated support of our business lines, thousands signed up on the whitelist and took advantage of the ICO to purchase SPOT. And the results speak for themselves.

So, thank you to our newest Spotcoin family members! Your support will ensure Spotcoin success. Our next success? The digital exchange!

We don’t only want to look forward. Let’s take a minute to look back. We’ve spent the past year building relationships with the best in the blockchain business, supporting the amazing NEO ecosystem, and establishing links to our home country of Georgia. The recent support of our Georgian government is an anchor, a reminder of why we do what we do.

In the past year, we’ve focused all our energy in making a company that fulfills the mission to make digital currencies work for everyone. Closing the ICO early is icing on the cake. It’s the final proof that you like what we are selling. Your faith and support validate our commitment to going above and beyond. Here’s to another year of making digital currencies work for everyone.

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.