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“Benchmark sets new criteria. We renovate lives, guard the ecosystem and deliver real benefit and revenue.”
VALETTA, 17 Might 2018: Benchmark, a new cryptocurrency getting into into the market place, will maintain its Preliminary Token Providing (ITO) in Might 2018, the place it is aiming to increase approx US$30 million. The token, created by fintech authorities, teachers and business owners, can be made use of to participate in sustainable improvement tasks all over the world, together with a variety of tasks aimed at supporting producing communities across the world, with the preliminary focus in Africa.
Pieter Coetzer, CEO, Financial commitment Banker and a single of the founders of Benchmark, reported: “We are a authentic business, created for real people and managed by real people, resolving real needs applying the stability of the blockchain and our token. Benchmark will work with business people with tested methods for sustainable improvement tasks to provide funding for their methods.”
Compared with other cryptocurrencies, the benefit of Benchmark does not arrive solely from the token by itself – but also from the returns the tasks invested in bring. Early tasks mooted by the Benchmark leadership group incorporate developing recycling plants in Africa, and location up new economical institutions made to attain the unbanked. The presale of the token is now underway. Buyers will obtain immediate entry to tasks in Q3 of this 12 months.
The founders intend to develop a complete suite of blockchain dependent solutions, together with peer-to-peer lending, payment, insurance plan, land registration and undertaking administration.
Benchmark’s function is to complete due diligence on tasks, to test the feasibility of this kind of tasks, to place in position an proper funding framework and acquire a appropriate framework for participation by Benchmark Utility Token (BMK) holders. Participation in tasks will only be offered to the holders of BMK. Just about every undertaking will be absolutely evaluated at prospectus stage.
Denis Quayle, COO and Founder, reported: “Benchmark sets new criteria. We renovate lives, guard the ecosystem and deliver real benefit and revenue. Our tokens present entry to a portfolio of unique tasks inside of the Benchmark ecosystem. Our blockchain dependent administration of tasks provides transparency and our complete suite of items can make the method obtainable and open up for all.”
Compared with numerous other cryptocurrencies like Bitcoin, Benchmark provides entry to tasks that are backed by tough property in real estate, banking and other business passions. Benchmark, which is led by a team of skilled, revered and effectively-recognized people in the worldwide business group, also delivers much more transparency than coins that are established and operated on an solely nameless foundation.
When Bitcoin and numerous other cryptocurrencies are extremely susceptible to market place volatility and are impacted drastically by shopper self confidence, Benchmark has been made with liquidity supports that reduce this noticeably as a possibility variable.
The ITO will acquire position on 28 Might 2018 10am CET, and participants can get involved by logging on to https://benchmarktoken.io/en/