ODEM.IO Exceeds Soft Cap and Raises 2.2 million Euros in Pre-Sale

Information Technology Press Releases Thursday February 8, 2018 14:10
CHIASSO, Switzerland--8 Feb--PRNewswire/InfoQuest
ODEM.IO, creator of the world's first On-Demand Education Marketplace, completes 2.2 million euro pre-crowdsale raise.

ODEM.IO is delighted to announce the raising of 2.2 million euro (US$2.75 million) from accredited investors ahead of the Feb. 17 launch of the ODEM public crowdsale. Investors snapped up all of the 58,200,000 ODEM Tokens allocated to the presale, says Richard Maaghul, ODEM.IO's Chief Executive Officer.

"This is a real sign of investor confidence in ODEM.IO's mission to use blockchain-and-artificial-intelligence technology to improve student access to higher-quality education," Maaghul says. "We're very excited about what this means for the upcoming public crowdsale."

ODEM.IO, which hopes to raise an additional 9.9 million euros in the crowdsale, is creating a collaborative, interactive platform to empower students to engage with top academics around the world to create high-quality onsite educational experiences at a reasonable cost. ODEM.IO aspires to become the Airbnb of international education,

The platform, which includes the ODEM Token, also streamlines the organization and delivery of academic courses. The token will ease cross-border payments and encourage top educators to align their course offerings with students' changing needs.

"We're really impressed by the caliber of investor that has stepped up in support of ODEM.IO and our mission,'' says Bill Bayrd, ODEM.IO's chief operating officer. "It's gratifying to know how much people care about finding solutions to some of international education's biggest challenges."

Results of pre-sale come as ODEM.IO continues to process Know-Your-Customer registrations for the Feb. 17 public crowdsale. All participants must provide proof of identity and residency before being allowed to acquire tokens. The disclosure requirements reflect international guidelines to ensure that all funds raised in the sale originate from legitimate sources.

For more information see: ODEM.IO . Or join the ODEM conversation on Telegram .
ODEM Media Contact: press@odem.io
Media Contact Phone Number: (424) 327-5682
Via Balestra 6
6830 Chiasso, Switzerland
Join The Conversation on Telegram .
https://www.linkedin.com/company/odem-io/
https://www.facebook.com/odemio/
https://twitter.com/ODEM_IO
Logo - https://mma.prnewswire.com/media/639718/ODEM_IO_Logo.jpg

Latest Press Release

Photo Release: Indorama Ventures participating in Thailand National Science and Technology Fair 2018

The CSR team from Indorama Ventures Head Office is joining the German Embassy with their pavilion at the Thailand National Science and Technology Fair 2018.The event is hosted by the National Science Museum, Ministry of Science & Technology...

Bitcoin SV Full Node Implementation Launched to Fully Restore Original Bitcoin Protocol

nChain, the global leader in research and development of blockchain technologies, announces the creation of Bitcoin SV, a new full node implementation of the original Bitcoin protocol now restored in the form of Bitcoin Cash (BCH). Reflecting its mission...

Dahua Provides ITS Solution for the Capital of Mongolia

Ulaanbaatar is the capital and the largest city of Mongolia, with a population over 1.3 million, which is almost half of the country's total population. Over the past decade, the number of vehicles in Ulaanbaatar has risen by more than 300,000. As the...

Huawei and Audi Sign Memorandum of Understanding for Strategic Cooperation

- Audi intends to join forces with Huawei to develop projects in the area of intelligent connected vehicles - Advancement of automated driving and the digitalization of services in the vehicle environment - Pilot project in Wuxi, China, to test new...

Dahua Facial Recognition Solution Enhances Safety Business Intelligence

In real life you usually don't want to get into the drama of being seen as someone other than yourself. The misrecognition problem is not only time consuming, dignity compromising but also, in lots of cases, life threatening, if certain dangerous people...

Related Topics