The initial Spiking Token offering was completed, the first validation of blockchain assets in the world and an AI-based cryptography infrastructure. After selling over $ 30 million in private sales to major institutional funds and encrypted companies, the offer was a great success.
The initial token offering was conducted in three phases, with the first phase completed in 3 hours for registered users of the Spiking app. The second and third phases began on December 19th.
Dr. Clemen Chiang, CEO of Spiking, commented:
"Spiking sold the SPIKE tokens in Phase 1 on its website and on the XPAD platform of Kryptono Exchange in three hours, and we thank all our supporters for this milestone."
"The whole token sales process has been an exciting but humiliating experience, we are particularly grateful for the tremendous support shown by the community towards our vision."
Spiking is a financial technology trading application developed to help traders follow sophisticated investors, the so-called "whales", as they buy and sell stocks on the stock market. Launched in April 2016, Spiking is supported by companies such as Quest Ventures, CRC Capital, Mars Blockchain, Jove Capital and Fundamental Labs.
The Spiking user base includes over 170,000 customers able to monitor the actions of major investors in traditional markets. The company has already grown in Malaysia, Hong Kong and the United States of America.
The Spiking platform is powered by cutting-edge tools that enable followers to meet whales in a completely transparent environment, built on a modern technology stack with fully controlled safety standards. After a follower has mirrored a whale on the Spiking Platform, the system automatically displays all transactions from the whale to the followers through their segregated trading accounts on Spiking.
The spiking ecosystem consists of three elements: the reward system, the flagship marker and the flagship portfolio. Reward System is a self-implemented profit-sharing model based on smart contracts that are live on blockchain. Spike Token is a standard ERC20 token used to pay the entry fee, the platform fee, the commission, the profit and the entry fee. As for the wallet, it allows users to hold fiat, SPIKE, BTC or ETH currency tokens.
Spiking's ambitious plans
Spiking's initial token offering is included in 3.3% higher than ICOs in the world. After such a success, Spiking is planning to release a version of its award-winning app that will track cryptographic resources. In addition, the SPIKE token will be listed on Kryptono Exchange next month.
Dr. Chiang said:
"We have been actively developing for many months and we are proud to say that we are ahead of our technical roadmap, so stay tuned for the next version Spiking will also be quoted on popular cryptographic exchanges to support token liquidity, which is a fundamental part of the ecosystem. "
The Spiking team is not looking forward to the next year, which will be highly productive and will bring exciting product releases and new partnerships.