Bitshares munich launches ICO

BitShares Munich in combination with BlockPay just finished a successful 13 Day Pre-ICO.

BitShares Munich is touted as bringing Smartcoin and cryptocurrency technology and services to investors and businesses worldwide. BlockPay is a private cryptocurrency payment solution provider who enables a fast, easy, and free platform that supports all of the newest cryptocurrencies (including Ether). Available worldwide in 44 different languages, it runs as a free app or is integrated with existing systems.


Here are a few key highlights from their recent release:


After securing a considerable financial footing following their recent pre-initial coin offering (pre-ICO), the Germany-based independent software development company is poised to deliver on their prospective vision to reshape the digital payment landscape for businesses and consumers, on a global scale.

The company’s crowdsale wrapped up on Sept. 5, ending after 13 days. BitShares Munich raised 1,095 bitcoin (BTC), roughly US $657,000 at the time of the sale’s end.

According to Christoph Hering, founder, and CEO of BitShares Munich, there are 100 million BlockPay tokens in total but only 6.5 million were distributed during the pre-ICO, with more to be given out in a future coin offering.

“We distributed to a minimum of 550 holders who will be able to trade the BlockPay tokens immediately on the decentralized OpenLedger Exchange,” said Hering.

BlockPay supports all digital currencies like Bitcoin, Steem, Ethereum, Dash, and Smartcoins. In addition, the system has a built-in Loyalty Points feature and eReceipts capability. The BlockPay point-of-sale system can also run standalone (as a free application) or integrated with existing systems like Odoo, formerly known as OpenERP (Enterprise Resource Planning).

BitShares Munich just released the latest version of the technology, BlockPay “S”, at the Google Play Store. In addition, the company will be releasing BlockPay for Odoo in the weeks to come.

The company’s vision, according to Hering, is one that is digital currency agnostic and is a zero-cost point-of-sale (POS) solution for merchants worldwide, which is what BlockPay is, in a nutshell. It also allows, from the consumer’s perspective, the ability to use their favorite Bitcoin wallet like MyCelium, Jaxx or Circle to pay in-store.

Also, keys to BitShares Munich’s vision are Echo and Stealth. By 2017, they’re projected to, (according to the company’s roadmap), form a trio of technologies that could revolutionize the respective spaces or vertical markets they currently occupy.

Visit bitshares-munich.de and blockpay.ch for more information on BitShares Munich and BlockPay.

Brianne Rivlin has been writing within the internet field for over seven years. During the last few years, she has been heavily influenced by blockchain tech, virtual currencies, and Ethereum.
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