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PHAETON RAISES USD 1.5 MILLION WITHIN 24-HOUR OF IEO LAUNCH

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Phaeton, a blockchain-cantered service company that offers sustainable investment options, launched its IEO on September 18. Within 24-hours of the IEO, the project raised $1.5 million US dollars indicating a considerable demand in such a new blockchain technology service firm.

Phase 1 of Phaeton’s IEO is currently live on two Crypto Exchanges, namely P2PB2B and LAToken. Here, users can buy the native token PHAE that plays a critical role in the Phaeton ecosystem.

After Phaeton’s IEO campaign ends, PHAE Coins will be available for open market trading (buy & sell).

The second phase lists several other major exchanges, namely OKEx, FTX, Bitfinex, Gemini, and Kucoin. Team Phaeton are currently engaged and working with the latter exchanges.

Phaeton Technology has created a Positive Social Impact Platform that incubates, develops, and collaborates with new and established business enterprises that address social and environmental challenges in line with the United Nations Sustainable Development Goals. The project aims to resolve long-running social issues using blockchain technology and collaborate with all business levels, government agencies, not-for-profit organizations, impact investors, philanthropists, and technologists who want to make a social change. The sectors that Phaeton is looking at include:

Phaton Ecosystem and Core Technologies

The Phaeton platform has an ecosystem offering users access to a decentralized global market. Its side chains allow independent dApps, facilitating customization, scalability, and a departure from high network fees providing multiple benefits for the users. In addition, the protocol has been designed to make it convenient, secure, and seamless for all stakeholders. Phaeton ecosystem comprises the following core technologies that power the platform and make it infinitely scalable and highly usable.

Phaeton Blockchain empowers new Projects

New startups are created every minute, which is an excellent opportunity for Phaeton to tap into this ever-increasing market and make the Phaeton business model grow exponentially. Phaeton helps existing businesses incubate ideas and develop an ecosystem around current products, making the market tilt towards Phaeton incubated technology products. Phaeton also offers mentorship, guidance, and seed capital to entrepreneurs and takes an equity position, improving Phaeton’s holdings and increasing Phaeton coin value. By attracting startups with new ideas, there is the potential to find a “unicorn” idea that will disrupt the market.

New startups and projects will select Phaeton over other incubation projects because the ecosystem offers a range of infinitely scalable and secure solutions that ensure greater market exposure and user base.

New startups are attracted towards the following offering from the Phaeton,

The vision and realization of Phaeton Blockchain as a true market disrupter is through the leadership of Chai Shepherd.

As Co-Founder and Head of Technology, Chai is driven to ensure Phaeton Blockchain platform is robust and designed to adapt to technology changes now and into the future. Through his experience and leadership, Chai leads a highly talented and credentialed team of technology experts and developers to provide a future-ready Blockchain solution that combats the shortcomings of current Blockchain platforms, such as high/unaffordable costs, scalability and interoperability.

The first round of IEO is still running! Grab some PHAE now

P2pb2b: https://p2pb2b.io/token-sale/302/
Latoken: https://latoken.com/ieo/PHAE

To learn more about Phaeton, visit Phaeton.io.

Social Links: 
Twitter: https://twitter.com/PhaetonOfficial
Facebook: https://www.facebook.com/phaeton.io/
Instagram: https://www.instagram.com/phaetontechnology/
Telegram: http://bit.ly/Phaeton_telegram
Medium: http://medium.com/@phaeton-technology
Linkedin: http://www.linkedin.com/company/phaeton-technology
Discord: https://discordapp.com/invite/F44Ybhj
Youtube: https://www.youtube.com/channel/UCLIYg824KeHUmUtDBqRundg
Website: https://Phaeton.io

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