- RGNP planning an Initial Coin Offering (“ICO”), subject to regulatory approval, leveraging Reign blockchain technology to authenticate sapphires as conflict-free
- Digital record entries can assign color, carat measurement and certificate number to each sapphire
- Reign Coin is unique, because it is backed by Australian conflict-free sapphires
Reign Sapphire Corp. (OTCQB: RGNP), as it moves forward with its planned Initial Coin Offering (“ICO”) for sapphire-backed cryptocurrency Reign Coin, has announced that it will release its white paper on the coin by May 2018. It has also set a Q3 2018 pre-sale date for tokens, subject to regulatory approval (http://nnw.fm/QD6Yg).
The company previously announced that it was planning an ICO, subject to regulatory approval (http://nnw.fm/Y1aA9), indicating its intention to launch Reign Coin as its cryptocurrency and blockchain-based loyalty rewards program. Reign Coin is to be backed by conflict-free Australian sapphires. As Reign Coin grows and transaction revenues increase, investors will be able to receive…
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