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Blockchain Revolution Series: IOST Collaborates With Boomstarter For Fundraising Program

IOST, one of the top 50 coins and the next generation blockchain infrastructure announces the collaboration with Boomstarter, which is the largest crowdfunding platform in Eastern Europe that has assisted projects to raise over $7.5 million. 

Well, this partnership will assist aspiring and budding entrepreneurs to develop their fundraising reach and projects will no longer be limited to supporters who hold the Ruble.

According to a recent report by P2PMarketData, the Commonwealth of Independent States region (Russia, Ukraine, Armenia, Moldova & Belarus) experienced the fastest crowdfunding growth in Europe (465%) in 2019. At the same time, crypto adoption has been extremely high in the same region due to political turmoil and inflation.

IOST is a public blockchain network backed by over 250 investors including Sequoia Capital, Huobi Capital, and Node Capital.

$IOST as a global fundraising currency in this partnership, Boomstarter will provide cryptocurrency channels for international backers to support indie creators, makers and developers by accepting crowdfunds in $IOST. Currently, Boomstarter accepts payment in $BTC, $ETH, and $IOST.

By Niranjan Patil
  • Market Data
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