Blockport's crypto-exchange announced that the first round of the STO fundraising project had failed, leading to a sharp decline in current coin prices.
The first failing round
The project expected to attract 5 million euros in one month from investors from the USA and Europe. Initially, Blockport was going to collect 15-30 million euros during several stages of fundraising.
Interesting in the section: ICO and its main characteristics
Blockport STO-token, which would be known as Blockport Securities (BPS), was one of the first STO-compatible for targeted retail investors in Europe.
Blockport crypto-exchange announced the fall of the project by 85%. Blockport also announced that the platform will fail at the end of the month, as the team begins to reduce the volume of operations and development until a potential partnership or a larger firm can help further the development of the company.
Editor: Jerg Wos