The Company Energy Mine Gains £12m In ICO

Energi Mine, which is based in Oldham raised successfully the remaining £4m of its £12m initial coin offering (ICO) target.

On Wednesday, the company opened its ICO to the public, having raised £8m during the pre-sale period.

Energi Mine founder and chief executive Omar Rahim said:

“The global interest in this ICO has been astounding. Investors have bought into our vision to revolutionise and reinvigorate the stagnant energy market using blockchain.”

The company’s ICO has attracted contributors from more than 30 countries totally, with a mix of investors from larger crypto funds and the general public.

Also Energy Mine is going to launch its new cryptocurrency tokens called ETK, which help people for consuming less energy and making positive impact on the environment.

In the coming weeks the company is set to announce a number of global partnerships in the coming weeks. It is already developing the first crypto-payment system in the UK for Electric Vehicle (EV) charging points.