PATRON (PAT) Dominates May Trading Following $40M ICO, Looks to Continue Momentum in June
For Japanese influencer marketing platform, PATRON, May was a memorable month. After a successful ICO that brought in over $40 million, PAT tokens were listed on HitBTC and immediately topped the daily trading volume of established coins such as EOS. Since being listed, PAT has seen standard trading swings, with an explosion of activity on May 27, 2018.
PAT surged roughly 140% with over 500 BTC of trading volume, leading all other $cryptocurrencies for May 27. The jump comes as PATRON releases important news and updates to their international community. These updates include new product developments, exchange listings, and attention from the global hedge fund community. The team also completed an airdrop that was filled in the matter of days.
PATRON Summer Updates
1. PATRON Inc. (Japan) Blockchain Development Company
On May 30th, PATRON officially launched the entity that will serve as the blockchain development hub of the PATRON brand and product. Over 90 million Yen will be instantly attributed to the company, with a focus on product development.
2. Japan Blockchain Conference by PATRON
PATRON as part of the organizers of the biggest blockchain event in Japan, the Japan Blockchain Conference, The team will be inviting many renowned speakers from across the globe. Mr. Kitao of SBI holdings, (SBI Securities, SBI Sumishin Bank, SBI Virtual Currencies, major shareholder of Ripple, SBI Ripple Asia etc) is confirmed as the keynote speaker in this event.
The event will provide companies with a chance to directly interact with leading Japanese investors, entrepreneurs, and regulators in the blockchain space. Foreign companies will walk away with knowledge on how to list an ICO in Japan, how to market and create a community in Japan, and a list of valuable contacts in the meantime.
3. Planned New Exchange Listings
Exchange negotiations include Cobinhood, Lykke, and more. The team continues to develop strong relationships with leading exchanges and has shared a strong vision of the future roadmap of the PAT token that includes multiple exchanges in order to provide the community with options to buy, hold, and sell PAT tokens.
PATRON's first listing at HitBTC will now includes USDT pairing. You can access PAT on HitBTC here.
PATRON was founded by Atsushi Hisatsumi, a Japanese entrepreneur and influencer. Patron is a global blockchain project looking to capitalize on the global influencer marketing industry. Built by local influencers in Japan, the PATRON platform will offer a clean and transparent solution to both finding and booking influencer talent around the world. The platform will include both a web and mobile application, with the web app being released as soon as Q3 2018.
PATRON was previously mentioned in Entrepreneur as one of the 12 Startups Utilizing Blockchain Technology in New Ways.