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Press.one

Press.one

Press.one is a decentralized content publishing platform built on the EOS blockchain platform. Press.one is most famously backed by Li Xiaolai, one of China's biggest Bitcoin and cryptocurrency ecosystem investors.

Initial Coin Offering (ICO)

Press.one held an Initial Coin Offering (ICO) from July 12, 2017 through July 16, 2017. The maximum "hard cap" goal of the Press.one ICO was $200mm USD. Throughout the duration of the ICO, Press.one raised 5853 Bitcoin (BTC), 106,757 Ether (ETH), and 30,430,519 EOS from 14,104 contributors. [1] At the time of the ICO, those digital assets were valued at around $82mm USD.

References

[1]
Citation Linkcoindesk.comCoinDesk: A Chinese Bitcoin Tycoon and His Record-Breaking ICO
Feb 13, 2018, 4:36 AM
[2]
Citation Linkicoalert.comICO Alert official website
Feb 13, 2018, 4:36 AM