Singapore — Midas Protocol, an emerging blockchain solutions company announces that it will offer a token sale of 18,000 ETH in MAS tokens to create an intelligent tool for everyone to manage, invest, trade, exchange and spend crypto-assets. As a decentralized platform built on blockchain technology, token sale funds will be used to develop its products and drive the company’s aim to increase wealth through smart crypto investment and portfolio management.
Shortly after Midas’ announcement of its token sale, Coinbar Group — an unique blockchain advisory and private investment group consisting of venture capitalists, consultants, lead developers, market analysts, miners and academics, has expressed its strong interest in investing and partnering with Midas Protocol. Coinbar Group has invested in many successful startups through ICO such as Kyber Network, Zilliqa, IOTA, etc. and also own Tdax crypto exchange (www.tdax.com). Both parties have reached an agreement on the 28th of April 2018 where Coinbar Group committed to invest a substantial (undisclosed) amount of ETH into Midas at very early stage as a Pioneer investor.
“Midas Protocol with its unique features to store and to trade securely with complete range of trading analysis and automated solution will surely attract many users. This will help to bring more volume to any Exchange that integrate with them” — Mr Sebastian Bausch, Director of Tdax Exchange and CEO of Coinbar Group said.
“We are glad to have Coinbar Group onboard as not just a valuable investor but also a strategic partner with vast technical know how and extensive network that could help bringing our product to global scale” — Dr. David Nguyen Vu, Chairman and CFO of Midas Protocol commented.