Ammeris' non-profit launches private initial coin offering (ICO) round targeting $5.5M sales of Ammeris Coin (AMRS)

GEORGE TOWN, Cayman Islands - Sept. 9, 2018 - PRLog -- The Ammeris Blockchain Foundation (the Foundation) has announced the start of the private round of the Ammeris initial coin offering (ICO). The Foundation is looking to raise approximately $5.5 million US dollars from the private round that is open in September 2018.

The ICO is focused on the sale of Ammeris Coin (AMRS), a blockchain-native token or cryptocurrency that gives holders access rights to the Ammeris Platform. The Foundation is targeting approximately $40 million US dollars in proceeds from the full ICO that runs from  1st September to 31 December 2018. The proceeds are intended to be used to launch wide-scale business operations, boost adoption of the Platform with a focus on the sectors of entertainment, healthcare, insurance, and governmental services and fully develop the Ammeris Blockchain Stack (ABS).

The launch of the private ICO round coincides with the announcement of the release of the Whitepaper which can be downloaded at https://www.ammeris.com/ico#Whitepaper

To learn more about the Foundation, please visit www.ammeris.com/foundation.