TEKY eyes $3 mn from pre-initial coin offering
Hanoi: Vietnamese learning academy TEKY is joining the initial coin offering (ICO) bandwagon with its offer of tokens starting on 11 November and a target of raising at least $3 million. The company said this will be the first ICO in the STEAM (science, technology, engineering, art and mathematics) industry.
The ICO pre-sale will be open until 10 December with up to 40% bonuses. Investors in the public sale, from 15 December to 14 January 2018, will be offered 25% bonuses. TEKY expects to raise as much as $25 million from the ICO of 280 million tokens, a top executive at the firm said.