Blank’s Private Round of $1.8 Million successfully closed, oversubscribed 68x
We are delighted to announce that the number of applications we have received for our $BLANK token Private Sale has led to an overwhelming oversubscription. The funding round was led by:
- X21 Digital
- SevenX
- Spark Digital Capital
- GBV Capital
- Woodstock
- CMS
- Altonomy
- Four Seasons Ventures
- A195 Capital
The vision
When we set out to create Blank in late 2020, our main goal was to bring true anonymity to the world of decentralized finance (DeFi). We built Blank to allow everyone to choose how private their financial transactions should be.
DeFi has created a brave new world of innovative and permissionless services that have the potential to shift the current financial paradigm, removing the middlemen, single points of failure, and corruption from the sector.
While traditional banking has failed to provide financial services to more than 1.7 billion people worldwide due to strict KYC and AML regulations, decentralized finance is completely permissionless. However, the nature of public blockchain technology allows anyone to trace and verify transactions publicly. That is why Blank Wallet was born. Blank wallet allows DeFi users to interact with financial services like loans, trading, insurance, and more, without the need to disclose their personal information, IP, or even wallet address, including on-chain activity.
We believe that the future of finance will be broadly accessible and this vision has not gone unnoticed by the traditional finance community. A recent report by Fidelity Asset Management has found that over 80% of financial institutions are considering digital asset allocations.
Details of the Private Sale:
Private Sale Token Allocation — 35,000,000 BLANK
Private Round — 1,802,500 USD
Private Round Token Price— 0.0515 USD
Total Token Supply — 125,000,000 BLANK
Whitelist Allocation Requests — 68x
This unprecedented number of applications assures us that members from both the crypto and legacy financial sectors understand the value of $BLANK. We couldn’t be more surprised, elated, and excited all at once! Aleksandras Gaška, CEO of Blank shared:
“The incredible support we have received from some of the most recognizable and experienced partners in the financial industry speaks to the necessity for privacy solutions within the Decentralized Finance sector. We are both honored and humbled by the results of our private sale which will further put Blank on a map to disrupt the world of finance and bring true privacy to the average cryptocurrency user.”
About Blank
Blank is the most private, non-custodial Ethereum browser extension wallet.
Blank allows the user to easily interact with privacy smart contracts on Ethereum to hide the amounts and the origins of cryptocurrency held, in a decentralized, non-custodial, and frictionless manner.
Blank solves the problem of privacy in crypto transactions. Each time you want to make a withdrawal, Blank will create a new wallet address for you with the amount of crypto that you requested. This address originates from the smart contract where everyone’s funds are pooled. All of this is achieved using cryptographic proofs to ensure that the user cannot be linked with the original depositing address.
With crypto transactions increasing, on-chain transaction privacy is being highly discussed to keep you safe from exposing yourself. Blank has developed a system that adds the ultimate protective layer to your crypto transactions while facilitating every function that other wallets offer.
Anyone can easily install Blank and start reaping the privacy benefits in no time at all. Besides the smart contract functionality, Blank wallet offers a higher level of privacy due to Tor integration. Upcoming functionality includes DeFi web3 integrations as well as support for Metamask Snaps Plugins to allow for seamless connectivity and usage.
Reclaim privacy on your Ethereum transfers. Go Blank.
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