(ProNewsReport Editorial):- San Francisco, California Jun 27, 2021 (Issuewire.com) – Marketwatch. Com Rivecoin, California’s first cryptocurrency raised roughly $4m in lower than per week with its preliminary coin providing (ICO), setting a brand new report for the novel fundraising methodology on the planet.
Led by James Lee Hardman Jr., RIVE payments itself as a decentralized P2P, C2B, and B2B Cost platform primarily based on the just lately launched RIVE Blockchain. In complete, the ICO collected 4.1M USD, from 1,210 individuals.
However whereas the figures could also be spectacular, the ultimate numbers represented lower than half the venture’s preliminary goal of $25m – partially attributable to a decline in prices throughout the worldwide cryptocurrency markets.
Rive ICO gross sales are nonetheless going sturdy regardless of the present points different mainstream cryptocurrency corporations are dealing with with mining bans attributable to power consumption.
Rivecoin founder created the answer to this downside nonetheless solely gave us a clue by saying all the things’s cloud base.
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