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

Sony launches raft of new promotions and offers for Thailand Mobile Expo 2018

Sony will join Thailand Mobile Expo 2018 at Queen Sirikit National Convention Center from 24th -27th May 2018. The event is a great opportunity for consumer gadgets leader Sony to present special promotions for smartphone, IT and accessory enthusiasts....

DERMALOG: World leader in Facial Recognition

The biometrics manufacturer DERMALOG has developed the world's fastest facial recognition. It matches one billion faces per second. The SGS-TUV Saar has now certified the system's outstanding speed. (Photo:...

Honor 10 Global Theme Design Contest Officially Commences Today

The Honor 10 Global Theme Design Contest formally started on May 25th, inviting designers from all around the world to send in their thematic interface designs. The contest provides a stage for the world's most talented theme designers to compete on and...

Royal Sundaram Lifts Online Conversions Through Personalized User Engagement Driven by Lemnisk#s Customer Data Platform

Royal Sundaram has become one of the first general insurance companies in India to deliver hyper-personalized experiences for its users across marketing channels on and off the website. With Lemnisk's Customer Data Platform (CDP), Royal Sundaram now...

BKNIX Takes Lead Discussion in Strategic Plan to Push Forward Thailand to Neutral Internet Exchange Hub

THNIC Foundation and BKNIX Co.,Ltd. held the 3rd BKNIX Peering Forum 2018 with important agenda to discuss strategic plan for Thailand to become hub of the Neutral Internet Exchange in Greater Mekong Sub region. THNIC Foundation and BKNIX Co.,Ltd. who...

Related Topics