November 27, 2018
A Singaporean crypto company, CHAIN BASE PTE. LTD., has raised approximately 53 million U.S. dollars via crypto in its ICO which started on November 11, 2018.
As a result, NEVULA's ICO has successfully reached its minimum initial capital (soft cap) of $50 million, which was needed for the project to proceed.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181125005162/en/
Winning of the Best Content Award at MGS Entertainment Show (Photo: Business Wire)
NEVULA is a utility token used at casinos. NEVULA is different from other casino tokens because of its worldwide partnerships with land-based casinos and major official junkets, such as GrandMaxim, enabling the token holders to play with NEVULA at the land-based casinos in Macau, Cambodia, Malaysia, Philippines, Australia, Saipan, Russia and South Korea. Thus, the token is highly practical, which is, in fact, the most distinguishing characteristic of NEVULA. CHAIN BASE’s NEVULA has won the Best Content Award at MGS Entertainment Show 2018, held at the Venetian Hotel Macao from November 13 to 15, 2018, attracting great attention from key persons in the casino industry all over the world.
NEVULA will allocate the raised funds to the casino deposits, the investment in its revenue sharing business, and the active investment in various IR related businesses, especially in Asia. We have chosen "TEKKEN™ VIDEO SLOT" as the first gaming machines for revenue sharing business, believing that the world's established game "TEKKEN" by Bandai Namco Entertainment and its IP will empower our business development.
NEVULA Project has already partnered with the worldwide cryptocurrency exchanges such as OEX, KEX, Bluebelt and SoarEX, and it plans to list its token on their exchanges in the first quarter of 2019.
NEVULA will be available at casinos around the same time, and then in 2020, it will be available at online casinos and land-based casinos in major cities around the world.
CHAIN BASE PTE. LTD.
– CHAIN BASE Website
– NEVULA Website