Deals

AirFox Raises $15 Million in ICO
Date: 
Monday, October 16, 2017
Location: 
Boston
Categories: 
B2B
Communications
FinTech & Payments
Other
Deal Type: 
Funding

AirFox, the company making mobile internet more affordable for millions of people, today announced it reached its $15 million funding goal and closed its public ICO. AirFox saw an outpouring of support in the weeks leading up to its ICO, raising $6.5 million in an impressive ICO pre-sale, and later more than $8.5 million in the public sale. In the midst of a volatile ICO market often plagued by scams and illegitimacy, AirFox stitched together a unique framework of regulations and processes in order to effectively self-regulate. More than 2,500 legitimate backers successfully contributed to fund the development of AirFox’s new blockchain consumer platform, AirToken (AIR), and its revolutionary microloans program... READ MORE