Dao.Casino is building a new gaming industry infrastructure based on Blockchain – an open platform on Ethereum for gambling games. The company is raising money for project development using a revolutionary investment vehicle – a Token Sale Campaign. During the first bidding hour, the company raised USD 9.5 million. The total amount raised thus far equals USD 14.5 million.
“Within the past six months, the very idea of an ICO or Token Sale has turned from a pipe-dream of crypto- anarchists into an extremely convenient investment vehicle. Such sales are subjected to speculation and doubt, which is hardly surprising seeing as you can raise literally millions of dollars in a matter of days. This is Axon’s third ICO/Token Sale, following successful work with Kuna Exchange and Taas Fund. This means Axon has developed cutting-edge competency in this sector and will continue to be at the forefront of Initial Coin Offerings as they develop globally”, said Nazar Polyvka, Fin Tech Department leader, Axon Partners.