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SHENZHEN, China--(BUSINESS WIRE)--

Blockcloud Token Sale Hardcap Reached Ahead of Time

As the first protocol-level Internet project worldwide, Blockcloud closed token sale with success on October 17, 2018 attracting investors from 108 countries and regions including Russia, Vietnam, South Korea and Japan. A total number of 5,029 ETH was raised, exceeding the original goal.

Blockcloud is obviously not affected by the gloomy market. Instead, the token sale was positively responded to by supporters around the world. The number of participants has seen a steady increase since its inauguration. The goal was achieved and the related channel was closed ahead of time.

With its strong technical strength, good background of the team as well as the prospective application scenarios, Blockcloud is widely applauded by experts and scholars and won trust and support from top investors.

Support from different countries/regions and continued fever in the communities helped Blockcloud to achieve a successful token sale despite the bear market. As of now, Blockcloud international communities have gathered nearly 170,000 followers covering almost all the English-speaking countries and regions. In the Chinese community alone, Blockcloud is supported by approximately 50,000 people.

As one of the few top scientists teams in this industry, core members of the Blockcloud come from top research institutions. Over 50% of the core team members hold a Ph.D., and the advisory board includes 2 IEEE Fellows, 5 National Distinguished Scientists and 15 professors. As of now, over 100 investors from all over the world have cooperated with Blockcloud.

Blockcloud aims to be one of the fundamental protocols of the Internet and become international standards that support upper-layer applications. It is a blockchain-based advanced TCP/IP that upgrades and evolves the current Internet. Combining the advantages of blockchain and Future Internet technology, it reconstructs the loosely coupled technology layers under which current blockchain networks and Internet applications operate. Blockcloud serves as the “building block” to provide stable and secure support for various internet applications. By contributing to the realization of more application scenarios, Blockcloud is devoted to making advanced technologies serve everyone.

View source version on businesswire.com: https://www.businesswire.com/news/home/20181024005343/en/