Cappasity Starts ARToken crowdsale and Adds Cryptocurrency Expert David Drake to its Advisory Board
(Thomson Reuters ONE) -
SANTA CLARA, Calif., Oct. 23, 2017 (GLOBE NEWSWIRE) -- Cappasity, a company that
develops a platform and an AR/VR blockchain ecosystem for 3D content production
and mass distribution, is announcing the start of a crowdsale of ARToken (AR) on
October 25, at 1 PM UTC. David Drake, Chairman at LDJ Capital, joins Cappasity's
advisory board to provide counsel on critical issues relating to the specifics
of the ICO process, blockchain and investor relations.
A photo accompanying this announcement is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/aaaee806-98e3-476f-90ce-
eb06e91d7e43
Today, Cappasity is announcing the start of the crowdsale of ARToken - a new
digital currency that will be used as the primary payment unit within the global
decentralized AR/VR Ecosystem for 3D content exchange.
As a token sale is a very important step for the development of the company's
project, Cappasity has decided to consult the deep expertise of one of the
leading specialists in blockchain, cryptocurrency and international business
development - David Drake, Chairman at LDJ Capital. David has shown his strong
interest in the project and joined Cappasity's advisory board.
David Drake is the Chairman of LDJ Capital, a family office; Victoria Partners,
LDJ Real Estate Group; Drake Hospitality Group; and, The Soho Loft Media Group.
LDJ Capital's extended network of funds of funds and hedge funds manages 1.5
trillion USD in assets. Mr. Drake's access to 100,000 investors is maintained
through his media holding investment, The Soho Loft Media Group which has
produced and sponsored over 1500+ global finance conferences since 2002. David
is actively involved in the Crypto community as a speaker and has helped ICO
firms he advised raise in excess of $100M in funding.
"AR/VR market is rapidly growing, with diverse content being the driving force
behind the industry's growth. I found the project by Cappasity having every
chance to come off since Cappasity creates a convenient environment where high-
quality 3D content will be produced in large amounts. I am really glad to share
my expertise with Cappasity to help bring future changes into the
industry," said David Drake, Partner at LDJ Capital.
"3D content is becoming a critical component in multiple verticals including
gaming, entertainment, retail, art, education, and health. Cappasity will
leverage the blockchain to become the global 3D/AR/VR content exchange ecosystem
for the users, developers and businesses who will benefit from 3D image
creation, embedding and trading," noted Kosta Popov, Cappasity founder and
CEO. "We are excited to bring innovative content creators the opportunity to
participate in the AR/VR content revolution with the utility ARToken (ART) to
power the whole ecosystem."
The ARToken crowdsale begins on the 25th of October and will last for 4 weeks.
Cappasity platform, a beta-version of which was released in January 2017, plans
to attract a total of $30m within Phase 1. The latter is divided into three
tiers. Tier 1 allows participants to get up to a 20% bonus. Total investment in
the company from VC funds and angel investors so far amounted to $1.8m.
MEDIA INQUIRIES
Jenny Herz
info(at)cappasity.com
Website - https://www.artoken.io
Twitter - https://twitter.com/cappasity
Facebook - https://www.facebook.com/cappasity
Telegram - https://t.me/artoken
Linkedin - https://www.linkedin.com/company/cappasity-inc-
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cappasity Inc. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 23.10.2017 - 06:45 Uhr
Sprache: Deutsch
News-ID 564653
Anzahl Zeichen: 4339
contact information:
Town:
Santa Clara
Kategorie:
Business News
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"Cappasity Starts ARToken crowdsale and Adds Cryptocurrency Expert David Drake to its Advisory Board"
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