Month: September 2017 Announces Crowdsale for Revolutionary Blockchain and IoT Implementation in Pharma Supply Chain

Bitcoin Press Release: has announced the launch of its ICO campaign, starting September 1, 2017, as it targets $8.1 trillion per year global logistics market.

September 1, 2017, Zurich, Switzerland – has announced the public crowdsale of its MOD token starting September 1, 2017, following a very successful private pre-sale. The platform implementing blockchain and Internet of Things technology within the pharma supply chain witnesses token sales worth around $1.25 million within 24 hours in its recently concluded private pre-sale. has allocated 20.1 million of the total 30 million MOD tokens for crowdsale. With 2.1 million already sold in the invite-only pre-sale, the remaining 18.1 million will be sold in three tiers during the upcoming ICO. The platform will offer the first 6 million tokens at a 30% discount. The second set of tokens will be issued with a 15% discount and the last 6 million will be sold at full price.

Additionally, will set aside 9.9 million tokens in a smart contract for use in the bug bounty program as well as profit sharing rights for the next three years. has developed sensors that record the environmental conditions a package experiences en route to its destination. Senders will be able to pre-program parameters so that they can be notified if a change in the environment that may affect the product has occurred.

Use of the blockchain for audit-ability allows this sensor to fulfill regulatory requirements, and the passive nature of the devices themselves could bring about industry wide savings of $3.6 billion per annum.’s CEO, Malik El Bay, explains:

“We have a solid product with several successful pilot tests completed, a working hardware prototype, a strong team of developers, and a handpicked team of advisors. We are running this token sale to fundraise for the future development of and will give our cryptocurrency backers the same rights that institutionalized investors have.”

The token will be built upon the Ethereum blockchain, with 1 MOD being worth $1.00. Participants in the initial token sale can purchase the tokens against payment made in Bitcoin, Ethereum or IOTA, owing to the platform’s strategic partnership with IOTA to create an infrastructure allowing transactions without cost-prohibitive fees as needed.

According to El Bay,

“To execute our vision, we need a technology for our sensor devices that allows the transfer of value without charging tremendous transaction fees. IOTA’s infrastructure will be very valuable to us and are working towards a proof-of-concept for our next industry tests. We plan to publish the results by fall 2017.”

While Ethereum is chosen as the blockchain on which smart contracts are created, the platform itself will be blockchain agnostic, and the team behind the project is already looking for ways to integrate other smart contract-enabled blockchains.

Token holders will not only enjoy profit dividends but also voting rights, proportional to the number of tokens they hold.


Located in Zurich, between the “Crypto Valley” in Zug and Basel, a hub for major pharma players, Modum is well positioned to bring their system to market. Modum works from Technopark, a well-established centre for tech start-ups and innovation in Switzerland. The company benefits from strategic partnerships with the University of Zurich and the University of St. Gallen and industry partners, including Schaer Pharma, Variosystems, and Lykke Corp.

Learn more about modum at- 
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Location: Zurich, Switzerland the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

For the First Time in France, the DomRaider Company Plans to Raise 35 Million Euros Thanks to an ICO (Initial Coin Offering) or Fund Raising in Cryptocurrency

Bitcoin Press Release: DomRaider aspires to develop an open-source solution dedicated to real-time management of auctions based on blockchain technology.

September 1, 2017, Paris, France – DomRaider, A French hypergrowth startup, has become the European market leader for auctioning of expired domain names, announces the launch of its ICO via a website dedicated to the process.

Real-time auctions carried out in the blockchain

Thanks to funds collected from its ICO, DomRaider will be able to accelerate its development on an international scale, which is already marked by its presence in Italy and Sweden and will be expanding to Canada and the U.K. from October.

The entire innovation of the project will be concentrated on the core of the blockchain, a structure of data chained together in a decentralized network. In fact, DomRaider aspires to revolutionize the previously relatively limited auctioning ecosystem by using blockchain technology. The fixed objective is to develop the first decentralized network dedicated to real-time management of any auction in the world, either online or in the auctioning room.

This solution is aimed to be:

  • Scalable, reliable and transparent (publically verifiable auctions that are impossible to falsify)
  • Communal and interoperable (worldwide auctions accessible through generic interfaces)
  • Fast (consensus of bids in less than 1 second)
  • Financially advantageous (very low transaction cost).

“We are very enthusiastic about the idea of launching the first ICO carried out by a French company that has proved itself and has been running for 4 years. It is an important springboard for the development of DomRaider, and it fully illustrates the emergence of the blockchain within the real economy. Through this ICO, we would like to take advantage of this technological revolution to transform the auctioning sector”

—  explains Tristan Colombet, CEO and founder of DomRaider.

Opening of the DomRaider “token sale” September 12, 2017

The ICO starts on September 12, 2017 and ends on October 11, 2017. As such, the company will issue close to 1 billion tokens in “DomRaider tokens”. Reservation (pre-sale) is now open to everyone via the dedicated website: Less than one week after the start of the process, 130 million tokens (out of the maximum of 262.5 million planned for the pre-sale) have been sold.

About DomRaider

After an amazing 12-year adventure as the head of Prizee (one of the first successful web startups in France) Tristan Colombet created DomRaider during the summer of 2013.

DomRaider is a service for recovering expired domain names or “drop catching”. Thanks to precise indicators and technology that detects the availibility of domain names the second they become so, the company identifies the domain names whose potential is of genuine benefit to their clients. The expired domain names can therefore be used in the context of referencing strategies (SEO), speculation on rare domain names or management of intellectual property. With more than 20,000 transactions since its creation, DomRaider is today the European leader and currently offers 27 extensions including .com that is opening doors to the worldwide market.

As of now, DomRaider has raised 3.5 million euros since October 2016, with an initial round of 2 million euros from the Eefficiency investment fund, followed by a second round of 1.5 million euros in May 2017 from Crédit Agricole, CIC, Banque Populaire and BPI France.

The strong growth registered by DomRaider enables the company to employ more than 33 employees spread over three countries (France, Sweden, and Italy) to which Canada and the U.K. will be added in October.

For more information, please visit –

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Organization: Domraider
Contact Name: Julien | Sabrina
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Location: Paris France

Organization: Ballou PR
Contact Name: François Aubert | Tom Rouffio
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Location: Paris, France


Domraider is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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