Financier token IEO, application amount exceeds 20 billion yen | coindesk JAPAN | Coindesk Japan

Crypto asset (virtual currency) exchange Coincheck’s “Coincheck IEO” recruited from February 21 to March 7, “Financier Token (FNCT) application amount exceeded 20 billion yen in total. was 18.78 times, Coincheck announced on March 10.

The application, which started on February 21, has attracted a lot of attention, such as exceeding the target procurement amount of 1,066 million yen in one hour from the start. It will be listed on Coincheck on March 16 and will be available for trading.

FNCT is a platform token for the token-issuing crowdfunding service “FiNANCiE”. It is planned to be used as a reward for users and as an incentive for the continuous growth of a good community.

Reference: Coincheck’s reputation and reviews

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｜ Top image: From the release