2 years ago
The South African institution down the alleged “crypto h2o token” is reported to person secured an concern of $150 cardinal from a Bahamas-based integer plus absorption company, GEM Digital. Initially disposable connected decentralized exchanges only, the H2ON token was precocious listed connected the crypto speech level Bitmart.
The Water Network
A South Africa-based h2o infrastructure firm, H2O Securities, is reported to person launched what has been described arsenic the “world-first crypto h2o token.” According to the firm, the token is expected to supply entree to the company’s H2O h2o network. Already, a Bahamas integer plus concern company, GEM Digital, is said to person invested $150 cardinal successful the h2o infrastructure firm.
As per a CNBC TV18 report, the token, which was listed connected the crypto speech level Bitmart connected July 3, would go disposable connected secondary markets by July 7. The token has been disposable successful decentralized exchanges for the past fewer months, the study said.
In remarks pursuing the revelation of GEM Digital’s investment, Julius Steyn, the CEO and laminitis of H2O Holdings, said:
The absorption with the H2ON token is chiefly connected the financing of h2o projects internationally and not truthful overmuch connected the method engineering of specified projects.
Concerning the anterior listing of the token connected decentralized exchanges, Steyn said doing this had shown that determination was large involvement successful the H2O token.
On its website, H2O Securities claims the H2O Water Network is “a closed-loop ecosystem” wherever the token is utilized arsenic a method for rewarding those participating successful the network. GEM Digital, connected the different hand, says it sources, structures, and invests successful implicit 30 listed inferior tokens.
What are your thoughts connected H2O Securities’ h2o tokens? Let america cognize what you deliberation successful the comments conception below.
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