Encrypgen, the company behind Gene Chain, a blockchain solution for the genomics industry has announced a new bonus structure for its ongoing ICO. With another 17 days, the Gene Chain Coin ICO will now have weekly bonus slabs starting June 29, 2017.
As per the new bonus structure, investors purchasing the Gene-Chain tokens during this week will receive a total of 64,000 tokens per BTC. As the ICO proceeds, the cost of tokens will increase by 5% next Thursday, July 6, 2017, and so on every week until the final day of the crowdsale.
The new bonus structure is designed to incentivize the early participation of the investors. The novel blockchain platform that started with the goal of raising 1000 BTC has already achieved 1/3rd of its target by raising more than 340 BTCs. At the current pace, the number of bitcoins raised will cross the target way ahead of time.
So far, over 455 investors have purchased the Gene-Chain tokens, and the platform has already given away over 2.2 million bonus tokens.
The Encrypgen ICO has presented itself as an attractive investment opportunity, allowing participants to become part of an endeavor that is going to help scientific research. The Gene Chain solution introduces blockchain technology to genomic studies, enabling researchers to manage the data in a secure and transparent fashion. At the same time, the Gene Chain solution also offers people with greater control over their personal genetic information.
As the ICO proceeds, the Gene-Chain team is currently busy getting the platform ready as per the recently introduced project milestones. The platform is set to have its first beta deployment later this month – July 18, 2017. By August, Encrypgen intends to have Gene Chain tokens listed on cryptocurrency exchanges and further expand its team to cater to its clients’ healthcare and scientific research industry. By next year, Gene Chain will have a new portal ready for individuals to upload and manage their genomic data.
Those interested in becoming part of revolutionary cryptocurrency platform can join the ICO on the Encrypgen website.
Disclaimer: Live Bitcoin News does not endorse this publication, not any of its members are associated with it. Readers are recommended to research on their own before making any investments in any company.
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