News and Announcements
BlockGrain Launch Agricultural Token Sale Accepting XEM
- Published June 18, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
- BlockGrain has launched their token sale, accepting XEM and bitcoin.
- Their pre-sale has raised more than $3.5m.
- BlockGrain is considering NEM as their private chain in the future following this sale.
BlockGrain has launched the first Agricultural Token Sale in Australia. BlockGrain is now accepting XEM and Bitcoin in their public sale after a successful presale that saw over $3.5m contributed by over 1000 individuals. All participants are treated equally with no discounts between private and public sales. There will be no bonuses offered, resulting in the tokens retaining their value once they hit the exchanges. NEM (XEM) is a peer-to-peer cryptocurrency, blockchain platform and BlockGrain is considering using NEM as their private chain following this initial public sale using XEM.
BlockGrain is a software that provides farmers with an opportunity to build their own supply chain with buyers directly. Taking XEM into their public sale is an opportunity to see how much support the NEM foundation and community will put into the BlockGrain project. There is a significant presence of NEW community in Asia, making the adoption by the BlockGrain community. The token sale is set to end on 24 June 2018. BlockGrain will then assess how they will proceed concerning adopting XEM.
About BlockGrain
First industry-wide platform to provide seamless integration between growers, grain brokers, buyers and logistics providers building the best automated software solution to solve the agricultural industry’s greatest supply chain issues.
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