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Thursday, December 05, 2024

Santiment Closes Successful Token Sale

Santiment has successfully completed its token sale. The token sale reached Santiment’s stated hard cap of 45,000 ETH (over $11m) within 3 blocks (less than 45 seconds) after opening to the semi-public Cofound.it portion.

The token sale fulfilled a number of Santiment’s stated aims and objectives, which included securing a wide and fair distribution of international investors that strengthened the network. The funds raised will also enable the development and design of the Santiment information and data feed network that aims to be definitive source of crypto-market information for investors looking to enter the digital currency sector.

Maksim Balashevich, CEO and Founder said: “We have been overwhelmed by how well the Santiment community and investors responded to the token sale. We now have a broad community of international investors aligned with Santiment’s stated goal of becoming the leading source of crypto-market information, and the financial resources to create it.

Santiment currently boasts a number of private cryptocurrency data feeds for the new digital economy. As a data provider, Santiment provides flows of unstructured data to subscribing traders and investors, its long-term stated aim is to provide the highest quality objective crypto-market information to investors.

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