Information states that ICO, Javvy Technologies Ltd, creator of the Javvy Crypto Solution, the ultimate cross-platform wallet with a built-in, decentralized cryptocurrency exchange, successfully raised $ 7 million from an Initial Coin Offering (ICO).
The $ 7 million ICO fundraising for Javvy was found to bring some great results, including token swaps of over a million dollars with exciting, progressive crypto projects like Faba, IAM and AgentMile, several FIAT investments from totaled over $ 1.25 million and retail sales of nearly $ 4.5 million.
Javvy also saw application downloads increase by 650 percent in April, with an average rating of 4.5 stars.
With around $ 800,000 tokens remaining and a few more left over from unclaimed Airdrop distributions, Javvy will give users the opportunity to take advantage of some valuable trans-mining opportunities.
After a flood of application updates in the past few weeks and the overwhelmingly positive response, it is becoming increasingly clear that the way forward for both the company and the industry lies in the sustainable development and further development of Javvy’s core product.
In a statement, the company said at the time of writing that the current functionality will provide users with exceptional features like in-app multi-exchange registration and native support for ICO, IEO and STO posts coupled with desired and expected features like buying, selling, sending offers and receiving on numerous cryptocurrencies.
Javvy’s solution is a powerful entry into the world of crypto management. Today, users can manage major currencies like Bitcoin (BTC) and Ethereum (ETH) along with popular Altcoins like Basic Attention Token (BAT), district0x (DNT), OmiseGO (OMG), Status Network Token (SNT) and QTUM, just to name a few to name a few that provide a unified crypto management experience.
A key differentiator and real value lies in Javvy’s ability to leverage exchange aggregation to minimize KYC requests, add support for huge numbers of available coins, and conduct an exchange arbitration to find the best buy / sell prices available. Four exchanges are currently active in the BETA phase, over a hundred of which are coded and ready to be launched.
Over the coming weeks and months, Javvy’s application development team said it will focus heavily on added security and stability by incorporating automated fraud detection to enable faster order fulfillment and complete the much-requested conversion feature, pointing out that those early versions were just the thing to begin to test the water before the locks are opened.
Brandon Elliott, CEO of Javvy, in his unwavering quest to improve the industry holistically, with co-founder Frank Grogan and input from Javvy’s media advisors at The Collective, is making a list of what will happen during the ICO with the goal of making a Creating frameworks to help others navigate the murky waters of ICOs.
In addition, Javvy said it will launch an IEO later this year to showcase the power of its native IEO contribution functionality in the Wallet app. All of this, coupled with exciting new, soon-to-be-announced partnerships, lets Javvy march into a bright and productive summer season.