The first phase of Bit2Me's B2M token public sale was a huge success, closing 5 million euros in just 59 seconds.
Bit2Me, the leading company in cryptocurrencies, of Spain, celebrates the most successful issuance ever seen in the country so far. Its token offering B2M sold out 59 seconds after the first phase of the public sale began. The token was put up for sale on Monday, September 6 at 12 noon (Madrid time), through the Bit2Me platform.
In the first phase of its ICO (Initial Coin Offering), the company offered a total of 500 million B2M tokens, representing 10% of the total supply of B2M on the market. With a fixed value of 0,01 euros per B2M unit, Bit2Me closed the first phase of its ICO with a total of 5 million euros.
To date, The company has raised 7,5 million euros through its B2M token, including the private offering that took place a few weeks ago.
Many users were unable to enter the first phase as the supply ran out in just a few seconds, however it has been announced that the order will be maintained for scheduled purchases that were left in the queue for phases 2 and 3.
Phase 2 and 3 of the ICO
Following the success of the first phase, the company is preparing for the second phase of the ICO, for which purchases can be scheduled from this form.
Bit2Me B2M tokens will be available again during the second phase, which is scheduled to begin next month. September 13th at 12 noon (Madrid time), and will close on Tuesday, September 21 or until the offer is exhausted. During this phase, Bit2Me will offer a total of 500 million B2M tokens, representing another 10% of the total token supply at a fixed price of 0,015 euros per unit.
The third and final phase will begin on September 21 at 12 noon (Madrid time), and will close on Saturday September 30 or until the token supply in that phase is exhausted. The selling price of B2M during the third phase will be 0,02 euros and a total of 250 million tokens will be offered; representing 5% of the total supply of B2M.
Those interested who were unable to purchase B2M during Phase 1 can do so by signing up for the whitelist and scheduling the purchase in any of the two following phases of the public sale to have a higher probability of purchase. Scheduling is enabled through of this form.
In total, During the ICO Bit2Me will issue 1.250 billion tokens, representing 25% of the total B2M issuance.
High demand for B2M
Interest in the ICO was so great in the days leading up to the first phase that Bit2Me opened operations on 13 new countries, in order to cope with the high demand for its B2M token. In this way, citizens of Uruguay, Panama, Colombia, Bolivia, Puerto Rico, Costa Rica, Ecuador, Guatemala, Honduras, Jamaica, Dominica, Martinique y Guyana have had the opportunity to invest in B2M during the ICO.
One of the advantages that B2M token holders will have is that they will be able to benefit from discounts of up to 90% on commissions on selected services; in addition to special functions within the platform to access better conditions on the different associated services. Governance and voting on certain decisions in the company's future will also be enabled to give greater participation to the crypto community.
“It was very important for us to show that we can also digitally transform the world from Spain in the purest Silicon Valley style. We are leaders in a technology that is revolutionizing the entire planet. We have shown why we are one of the driving forces behind this disruptive proposal.”, said Bit2Me co-founder and CEO Leif Ferreira.
No commission cost
As in the first phase, users who wish to participate in Phase 2 and Phase 3 of the B2M ICO can use different options to top up their Euro wallet without commission costs for this month.
For the ease of those interested in participating in the ICO and acquiring the token, Bit2Me has eliminated commission costs on bank transfers or deposits and card payments until September 30Cryptocurrency exchanges or swaps for euros within the Bit2Me platform will also be commission-free during the same period.
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