Blocktrade, a gamified crypto asset and marketplace, has announced that it has raised an impressive €4.5 million in an exclusive BTEX Token (BTEX) sale. The sale, which ran from May 5th to 18th, was open to Blocktrade VIP members and attracted 1,400 participants from 42 countries.
The BTEX token will be used to power the Blocktrade ecosystem, with holders able to access a variety of benefits, including reduced trading fees and participation in airdrops. Blocktrade CEO Christian Niedermueller commented on the success of the token sale, stating that it is a testament to the demand for the platform’s gamified crypto service.
“We are grateful for the overwhelming response and participation by Blocktrade VIP members to this exclusive token sale round,” Niedermueller stated. “This level of enthusiasm points to the need amongst crypto users for an accessible and engaging digital asset trading platform. We now look forward to continuing to enhance the experience on offer to Blocktrade’s ever-growing community.”
The launch of the BTEX token is the latest development in Blocktrade’s rapid growth. The platform was founded in 2018 and has since earned VASP registrations in Estonia, Italy, and Slovenia. The funds raised will be used to expand the platform and its user base.
