Great start for Titus Coin ICO

Titus ICO started yesterday, Sunday 15th October. On the first day, which was not even a banking day, the ICO raised 250,000€ in investments from individuals in several countries.

Next Sunday the price per Titus Coin will raise from 1.00€ to 2.00€ per coin. And during the weeks until the end of the ICO, 19th November, the price will go up to 5.00€ per coin.

"I believe it is the combination of a strong strategy to get merchant acceptance for the coin and the fact that it is backed by EUR that are the driving forces for the interest in the Titus Coin ICO," Pierre Gärd, CMO for Titus Community, says.

Parallel to the ICO, Titus is really actively progressing with the business and technology development.

Mr. Gärd continues: "The Community is getting close to 2,000 people already. All of these are being gradually educated to the level where they may introduce Titus Coin to merchants on-line and high-street retailers anywhere.

The company has a number of merchants ready to do the beta testing and when we come in to the new year, we will probably have closer to 5000 members in the community ready to go out and connect merchants to the Titus Coin.

As the Titus Coin usage increases, the coin value will increase as well. And with the Payens Exchange being launched by Titus early next year, the connection  to all the great crypto- and fiat currencies are secured."