Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Blockchain solutions company DigitalX to invest $3M in Etherparty

Etherparty, a smart contracts creation platform, has partnered with DigitalX, a publicly listed blockchain technology and ICO advisory company.

Under this partnership, DigitalX will provide a range of technical and corporate advisory services to Etherparty to expand the platform’s global footprint. In addition, DigitalX will also be investing $3 million into the smart contracts platform.

”DigitalX is delighted to be appointed as advisors to the Etherparty ICO. DigitalX sees great potential in the Etherparty platform and is eager to leverage the technology within its blockchain consulting services and product development division,” said DigitalX CEO Leigh Travers.

In addition, DigitalX will also provide introductions to its blockchain network within Australia and China including Blockchain Global Ltd. Blockchain Global Ltd. are the cornerstone investor in DigitalX and operates Australia’s most liquid cryptocurrency exchange, the Australian Cryptocurrency Exchange (ACX.io).

“Australia is one of the most progressive emerging markets globally for blockchain technology and we are proud to be working with DigitalX and ACX who are leaders in the space,” said Etherparty CEO Kevin Hobbs. “Furthermore to be able to provide additional use cases for Etherparty will only help spur the adoption of this technology globally.”

Etherparty was created as a user-friendly system for the creation, use, and management of smart contracts which has the potential to greatly expand the rate of commercial and consumer adoption of blockchain technology. Its smart contract templates will initially focus on peer-to-peer escrow contracts, supply chain management, token creation, sports wagering, real estate contracts, and contractor agreements.

FUEL is the digital token that powers the Etherparty platform. It is a transferable ERC-20 compliant token deployed on the Ethereum network. Etherparty raised $25 million in the pre-sale of FUEL tokens, which sold out on September 14, 2017.

The public sale is to be launched on October 1, 2017 at 9:00 am (PDT). It will run until Oct. 31, 2017.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.