Submit News All Crypto News

ODX Gets Closer to US$100Mil Token Sale

Category: Blockchain

Singapore. Blockchain-based data marketplace Open Data Exchange (ODX Pte. Ltd) gained traction on their mission to provide free internet to emerging markets when the company announced a commitment of more than US$60 million from its private token sale.

The private sale was backed by committed investors made up of big blockchain funds that include DNA Fund, BlockTower Capital and Pantera Capital. Famous individuals such as entrepreneur Brock Pierce, Akamai co-founder Randy Kaplan and Russian composer Alexander Shulgin were also involved in making this happen.

Free and fair access to the web is a fundamental human right, says DNA Fund co-founder Scott Walker. The dynamic nature of emerging markets creates unique challenges that have never confronted the developed world but also opens up opportunities for innovation and growth. The ODX platform will leverage blockchain technology to enable the delivery of free mobile internet access to underserved populations.

The move reveals that ODX is on its way to becoming the largest initial coin offering (ICO) in the region as it follows its plan to raise US$100 million through its ICO. Singapore-based TenX currently owns the record for the biggest ICO in the Southeast Asian region after raising US$80 million in a token sale back in June.

ODX is set to create a decentralized data marketplace to address the problems of internet access in emerging markets. According to ODX chairman and co-founder Nix Nolledo, countries such as Southeast Asia, South America and Africa have average users that pay for internet access for less than ten days a month. This is due to expensive mobile data charges, scarce public Wi-Fi access, and limited cable or DSL options.

This is especially significant when you consider the fact that over 80% of the worlds Internet population live in emerging markets, Nolledo says.

With the majority of the population residing in these fledgling markets, ODX has found a need to resolve this issue.

ODX Pte. Ltd. is a subsidiary of Xurpas, Inc., the largest consumer tech in the Philippines. The startup will rely on Xurpas extensive infrastructure to realize its goal of making internet access readily available in emerging markets around the world. The Open Data Exchange (ODX) will democratize internet access through the blockchain.
Publishers and ISPs meet in a global marketplace for data. Powered by blockchain, Publishers and ISPs can transact at scale through a network of trust. https://odx.network/


Contact
ODX Pte. Ltd.
Singapore
hello@odx.network
https://odx.network/
Share on Facebook Share on Twitter Share on Whatsapp Share on Reddit


Cryptocoin News RSS


Cowrium ICO Pre-Sale Is Still Ongoing: Last Chance To Buy Token At Introductory Price
All those who still haven’t invested in the Cowrium ICO are invited to become a part of the revolution and buy the Cowrie coin at the lowest price of 0.035USD during the ongoing pre-ICO. The Initial Coin Offering sale of Cowrie coins started in January this year and will conclude in May month o

Сайт о заработке в интернете: ruimaster.ru
Могу подсказать интересный сайт о заработке в интернете: https://ruimaster.ru - ruimaster.ru

2011-2014 Aged Accounts with oge ($4)
Hello! Iam here to offer best price for aged instagram accounts, you will not find better than here! Strong accounts with email! These accounts you can easly use for CPA and another affiliates network programs. Do All accounts come with proxies? Yes, each account comes with a FREE /48 s

Покупай выгодно, удобно!!!
Всем привет... Открыл для себя замечательную платформу низких цен -https://ad.admitad.com/g/my89i8zkr225aac59881b62ed2b196/

Twitter 2010-2017 Aged Accounts - Starting from 1$
HQ Twitter 2007 - 2019 Aged Accounts Starting from 1$ Prices: 2017,2018,2019-1$ per account 2015,2016-4$ per account 2013,2014 - 5$ per account 2012 - 6$ per account 2011 - 7$ per account 2010 - 8$ per account 2009 - 10$ per account 2008 - 20$ per account ( limited stock)

cialis dosage
does medicaid cover cialis http://cialisxtl.com canadian pharmacy 365

Крутые условия на али
Всем привет! Недавно наткнулась на крутые фишки на али, это скрытые возможности о которых мало кто знает, реально работает, все проверено мной. Доп защита от мошен

Новое зеркало HYDRA!
HYDRA получила новое зеркало: https://hydrzila.com/ Репутация проверенная годами!

СифилисПриблизительно через месяц после полового контакта на гениталиях появляется твердый шанкр – язвочка с ровными, как у «чайного» бл
Рецептор гормона роста и механизм его действия рука ею машут в знак приветствия

O Som De L C V Aquarius Tanganica
Luck prevailed thanks to a visit to nightclub in the ten days before the tour began, Oakey found and recruited two teenage girls to be his backing vocals. So ladies and gentlemen, have mercy on poor Rod and his ugly face and remember that he at least started out as one of the best rock musicians on

Contact: daniel@coincrunch.com Submit News RSS