With more than 120,000 users registered in just three weeks, Nauticus has had a huge response in the first two days of its ICO presale. With a hard cap target of $88 million, it’ll be the largest ICO ever seen in Australia.
The Melbourne based fintech company is raising funds to launch an international standard exchange with 100 crypto and six fiat currencies (a world first!) along with a green blockchain mine to give vital server capacity and additional revenue.
The Nauticus Coin is modelled on the popular Binance Coin (BNB), and offers a similar 50 percent reduction in trading fees, which has seen the value of BNB skyrocket.
The Nauticus vision and strong team have seen the ICO attract glowing reviews, including 4.5 stars from ICO Bench, 4.45 stars from ICO Marks, 4.15 stars from Trudex, and a Gold rating on Top ICO List.
The Australian Government’s AUSTRAC last week approved Nauticus’s registration as an independent remittance dealer. This guarantees the exchange complies with all KYC, anti-money laundering and counter-terrorism financing laws. Nauticus is in the final stages of engaging one of the big four international auditing firms to make sure transparency in the use of ICO funds. Ambisafe has audited the security and function of the Nauticus smart contract and the code has been posted on Github. Nauticus is excited to announce it has received backing and support from large-scale international investment funds and crypto specialists Fundify, BellAcre and Whisper.
The company has been highlighted in articles on CoinTelegraph, The Merkle, Coinspeaker, Bitcoin.com, and Blockonomi among dozens of other crypto news sites.
The Nauticus community is growing in strength, with 120,000 registered users; 27,000 Facebook likes; 9000 Twitter followers, and more than 5000 highly engaged users on Telegram.
“We want to thank everyone for the overwhelming level of support they’ve shown,” said co-founder and CEO Bryan Ng. “It’s truly humbling and we won’t let you down. We’re determined to create the best crypto exchange in the world.”
To ensure this vision is realized, Nauticus has signed up more than 20 of the world’s top blockchain, IT and finance experts as advisors. They include former global managing director of Accenture’s Ecosystem of the Future David Hayat, former Vice President of Nomura Securities Kin Wong, founder of Scandinavian Capital Markets Arif Alexander Ahmad, Director of Trade.io Remigio Bongulielmi, and the founder of ABA Technology Patrick Roberts (ex-IP Australia).
“The Nauticus solution is among the most integrated that I’ve seen in the cryptoworld, regarding exchanges and payments, and utilizing all existing state-of-the-art technologies,” said advisor Dr. Theodosis Mourouzis, cryptologist with the UCL Centre for Blockchain Technologies. “In addition, it has an ethical dimension by introducing a green blockchain mining center to help the developing world.”
Profits will be reinvested in the business to support the development of a low-cost eCommerce marketplace, along with merchant and peer-to-peer payments. These new platforms will be underpinned by the Nauticus Coin, Exchange, Mobile App, and Wallet.
The company will offer ‘one and done’ Know Your Customer (KYC) verification and create an ICO community, which will offer resources and services for new ICOs as well as a quality verification system.