LOS ANGELES, CA, April 20, 2018 (GLOBE NEWSWIRE) -- APRIL 20, 2018 - Today, ivyKoin (IVY) reached a new milestone as it announced the completion of its Token Generating Event (TGE) for the ivyKoin token (IVY) and confirmed the allocation of tokens to the wallets of those involved in the sale back in February. A total of 1,610,924,200 ERC-20 tokens were generated and distributed, with 54% of these making up the circulating supply.
The TGE comes following the Ivy Project core team meeting in Los Angeles to dive into the product roadmap, discuss the latest updates from meetings with banks and financial institutions, and further cement the core team’s roles and responsibilities for the next phase of the Ivy Project.
"We have spent the last few months in conversations with partners, banks and financial institutions across the United States, Australia and Asia to fully understand the challenges facing the industry globally around financial compliance," noted Gary Fan, Ivy President. "These meetings have been integral in helping us adjust our product direction and we look forward to revealing more in the coming weeks."
‘Ivy’ is a blockchain-based technology for FIAT & cryptocurrency business transactions which require extensive verification in the international monetary system. The Ivy network utilizes ivyKoin (IVY) tokens which carry KYC & KYT data points critical for financial institution validation.
For more information on the Ivy Project and ivyKoin visit www.ivykoin.com or follow the company at @ivykoin across social media.
For all media inquiries regarding Ivy, please reach out Jed Wallace: jed@brandwagonagency.com.
About Ivy
Ivy is a blockchain-based technology for FIAT & cryptocurrency business transactions which require extensive verification in the international monetary system. The Ivy network utilizes ivyKoin (IVY) tokens which carry KYC & KYT data points critical for financial institution validation. Join the conversation on Telegram today: https://t.me/ivyKoinchat.
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