Bitxoxo One of India’s fast going cryptocurrency exchange is proud to announce her just-concluded presale token which ended on the 30th of April this year.
The presale event was able to raise $5 million for the startup. It was a huge success and soon it will be launching its crowdsale officially on the 5th of this month (May) through to the end of it.
The sole and major reason for this launch is to help in the expansion of the company as it is looking forward to spreading its tentacles into countries like Singapore and the Middle East.
In a short amount of time that Bitxoxo was created in 2016 in India, it has been able to make a remarkable impact in the crypto ecosystem.
In fact, professional services are provided to customers expediently via its unique chat, emails, and phone support system round the clock and this has warmed the hearts of many towards it.
Originally running its operations in India, it was forced to move to Australia to continue its dealings due to the unfriendly laws and regulations made by the country’s central bank.
Additionally, the company has over 100,000 users that are active, and this has prompted the introduction of its mobile platform to both Android and iOS users in late last year.
To its list of achievement includes; the creation of World’s first Bitcoin prepaid gift card and Token Sale launch pad, Physical Gift Cards and Referral System, etc.
Hesham Rehman, who is the CEO of this prestigious company, revealed that “We are receiving numerous numbers of applications on a daily basis from token owners to review and list them on our ICO launch pad and upcoming marketplace platform.”
Before its expansion out of India, Bitxoxo has had some quality support from people like Roger Ver and Mate Tokay, who are both founder/CEO and COO of Bitcoin.com,
Both individuals are people to be reckoned with in the world of Cryptocurrency and huge investors in Bitcoin. Other key investors include Stephen Drew, member of Crypto Hedge fund, Bruce Jeong.
Janya Eighani, a Democrat in the field of Law, Laura Zaharia Robby Schwertner, Sydney Fergen and a host of others have been great pillars pushing the vision of Bitxoxo to the next level.
An excerpt from the statement of the CEO of the company expressing his gratitude stated that:
“We are extremely grateful for the guidance and support received from eminent personalities in the Cryptocurrency universe like Roger Ver and Mate Tokay, and we look forward to associating with them to spread the awareness of Bitcoin Cash and Blockchain technology to the world.”
A World Where Cryptocurrency Rules.
The primary goal and aim of the establishment of Bitxoxo is to realize a world where cryptocurrencies like Bitcoin and Bitcoin Cash are the basic unit of exchange in the world as a whole.
With every form of government interference wiped out, with only nothing but a peer to per transaction thriving.
Funds that will be raised from the available 10 million token sales aside expansion of the company will be plunged into the establishment of an incubator platform that will encourage Blockchain startups as well as create a healthy environment for Bitcoin to thrive.