ARROUND hits its Soft Cap in just 12 minutes!
The ICO of ARROUND only started on September 15, but the project has already raised $5,000,000 in contributions, covering the Soft Cap in the process. Asian-Investments, a crypto-fund operating in the Pacific-Asian region, invested $2,000,000 in the project.
"We are pleased to announce that ARROUND has reached its first financial milestone of reaching the Soft Cap of our ICO! The cooperation with Asian-Investments is a landmark event for us and we intend to direct the funds raised towards the project and we want to continue moving on our roadmap in the near future", said the CEO of ARROUND Neil Bryant.
Asian-Investments Fund invests mainly in startups that develop solutions in the field of information technology, biotechnology and medicine. ARROUND was one of the first projects in the field of augmented reality to catch the interest of the fund’s representatives.
ARROUND is developing a decentralized advertising network and platform in augmented reality. According to the original idea of the founders, ARROUND will provide a wide variety of solutions for app users, bloggers, advertisers, advertising agencies, software developers, manufacturers and suppliers of AR-devices. The platform offers a clear value proposition to each participant while saving time and financial resources on customer marketing. Large international companies have already shown interest in the project, including Danone, Unilever, Magnat, TRESemme, Scania and Campari amongst others. ARROUND is currently developing and implementing advertising projects with these household names to run large-scale campaigns.
The appeal of ARROUND to potential customers and partners helped the company to attract investment from Asian-Investments, serving to demonstrate the demand for the solutions offered by the project and for the ARR tokens that are currently on sale at the around.io website.
Asian-Investments Fund specializes in long-term investments and will focus on projects that offer innovative solutions across various areas of the economy. The fund aims to improve the efficiency of capital in emerging Asian markets and promote digital projects and their expansion to new regions. Learn more about the fund at
http://asian-investments.com/ and about ARROUND at
https://arround.io/https://www.interfax.ru/pressreleases/630153