Shortly after ARXUM's ICO announcement, the Singaporean blockchain advisory and private investment group Coinbarinvested in the ARXUM project. That makes Coinbar one of the first institutional investors in the project.
ARXUM announced its ICO last week. Shortly after, Coinbar, which is a private investment group consisting of academics, venture investors, market analysts, consultants and developers, invested in the ARXUM project. Coinbar has previously invested in ICO's of well-known players such as IOTA, KyberNetwork and Zilliqua.
The ICO
The ARXUM token, AX, are used across the ARXUM Production Network and allow investors to benefit from the use of IoT and blockchain within manufacturing. ARXUM has a submitted a proposal to the financial authorities of Switzerland, FINMA, and is waiting for the final approval to conduct the ICO. There is a total of 125,000,000 AX token.
Join our telegram group for more information on the ARXUM ICO: t.me/arxumforall
Website: https://arxum.com
Whitepaper: https://arxum.com/downloads/
ARXUM changes the manufacturing industry by interconnecting manufacturers, suppliers and customers in one network. The network lets data be transferred effortlessly between the users, enabling customized manufacturing for the same price as mass production - for the first time in history. In turn, a completely new marketplace is created, where everyone can participate. ARXUM uses blockchain technology and is run by a team of experienced engineers.
We need to cross the bridge between the world of cryptos and the real economy.
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