September 17, 2021

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Aspire Bags $2.4M in Equity Round to Expand its Digital Assets Creation Platform

Aspire Technology, the company behind the Aspire digital asset creation platform, has raised $2.4 million in an equity round to expand, market, and secure its blockchain platform. 

According to a press release shared with Coinfomania, the company closed an equity round of $1.175million led by German blockchain fund Fockersperger Ventures, GmbH, and individual accredited investors. 

In addition, it secured $1.23 million in a private token presale led by Cayman Islands-registered digital currency fund, Alphabit Fund, bringing the total of new capital to more than $2.4 million, according to Michael Terpin, the chairman of Aspire Technology.

In 2017, Terpin had led the company’s pre-seed $260,000 equity funding round through his eCommerce Labs incubator fund.

Aspire intends to provide a platform that will make it easy and less expensive to create digital assets. The company’s CEO Jim Blasko explained this in the release saying

Once consumers see how easy and inexpensive it is to create a digital asset with Aspire, everyone who has a social media presence, personal blog or small business will realize they want to have one.

“Follow me on Twitter will soon be replaced by ‘let me send you some tokens’ as loyalty programs, digital collectibles, fan clubs, and 100 other use cases evolve using the low cost, trackability, international transaction capabilities and permanence of digital assets becomes mainstream,” he added.

The company proposes to offer an airdrop to prospective token creators for anyone joining the Aspire Community after its mainnet went live in July. The first 10,000 users will be receiving sufficient Aspire and Aspire Gas (GASP) to create one full-fledged digital asset, which is available through their airdrop campaign.

See Also: Transledger Partners Telos Blockchain For Fast, Secure Cross-Chain Transactions

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Original Article
Author: Caroline John