PALO ALTO, Calif., Nov. 6, 2017 /PRNewswire/ -- 1World Online, the blockchain-powered engagement and revenue platform for publishers and brands, today announced it exceeded its $5 million public ICO target, with ~500 backers from 40 countries. Due to strong demand, the 1World Online ICO will be extended to November 16, offering up to 50 million 1WO tokens at a nominal price of $1.20 per token.
1World Online's 1WO Token is an internal cryptocurrency circulated inside the 1World Online ecosystem, which provides a decentralized monetization platform for 1World Online's publishers, brands and their audiences. The company is issuing up to 160 million 1WO tokens during this ICO to support the increasing volume of transactions within its growing ecosystem.
"We are overwhelmed by the enthusiasm our ICO is generating and the progress we are making to bring the world interactive tools on the blockchain platform," said Alex Fedosseev, Founder and CEO of 1World Online. "Such strong support from investors and the community validate 1World's vision – we look forward to providing our publishers and their users with an improved blockchain-powered experience."
Since its inception in 2011, 1World Online has become one of the most innovative engagement and revenue platforms for publishers and brands across the globe. As part of this success, 1World Online has a unique understanding of the industry's need for an online engagement platform powered by blockchain technology and proper incentives for audiences to build a true win-win-win model between publishers, their audiences and brands / advertisers. With the 1WO token, 1World Online has created a profitable model between users and publishers, and the services offered to them.
On the heels of reaching the $5 Million milestone, ICOrating awarded the 1WO token a high rating, based on analysis of 1World Online's business model, financial plan and market overview, among other variables. This accreditation, based on independent analytical research, positions the 1WO token as a leader among blockchain companies bringing innovation to Digital Media industry.
To learn more about and purchase 1WO Tokens, please visit: https://ico.1worldonline.com/
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About 1World Online
1World provides for brands and publishers simple but effective engagement applications, unique engaging content, organic contextual market research, online advertising and promotion capabilities, and insightful end-user analytics. 1World is headquartered in Silicon Valley and has offices in Palo Alto, CA, also at USA East Coast, India, Japan, Ukraine and representatives in many other regions.
SOURCE 1World Online