Impak Coin | Paul Allard | Aug 16, 2017

impak Coin (MPK) first legal Initial Coin Offering (ICO) positions Canada as a global leader in the cryptocurrency space and gives individuals around the world the opportunity to ignite the impact economy by participating in the crowdsale opening August 21 2017.

MONTREAL, Canada, August 16, 2017 - impak Finance, the fintech company focused on driving the social impact economy, announces the public presale of its impak Coin which is Canada’s first ICO (Initial Coin Offering) fully compliant with Canadian securities laws. A truly innovative investment device, this complementary currency is designed to work alongside traditional economy but with public benefit in mind. The public crowdsale of impak Coin begins on August 21, 2017 and investors can participate on  www.impakcoin.com

“impak Finance is writing a new page in the young history of ICOs by taking on the challenge of becoming fully regulatory compliant and as a result bringing a higher degree of protection for participants. Once again, impak Finance demonstrates that transparency and trust are core to our project”, says Paul Allard, impak Finance’s Chief Ecosystem Officer. “We are delivering on our promise to use technology to reinvent the way citizens can use money for doing good.”

See:  Impak Finance raises largest single-day amount for Canadian equity-crowdfunding initiative

impak Coin is one of the few ICOs in the world to have passed all of the national regulatory requirements ensuring transparency and integrity for participants in the presale of this cryptocurrency. The impak Coin ICO will be a model for regulators worldwide to protect investors, while playing a positive role in enabling small businesses to raise capital with the latest developments in financial technologies.

impak Coin, a cryptocurrency for a better world

Impak Coin combines the advantages and functionalities of complementary currencies, recognition programs, and new cryptocurrencies. Built on the WAVES fully transparent blockchain platform, it is stable, safe and more efficient than many other digital currencies. Designed for everyday use, transactions within the impak ecosystem are free for both merchants and customers. By also rewarding user participation in the ecosystem with impak Coins, we will ensure that all stakeholders become winners and continue to grow the impact economy.

About impak Finance

impak Finance Inc., an innovative Canadian fintech company focused on driving the social impact economy, recently raised over $1.5 mm in 2016 with strategic investors and through a highly successful equity crowdfunding campaign. Dedicated to the development of the social impact economy, impak Finance proposes to radically change the way citizens and organizations collaborate and transact. Impak Finance Inc. is building a financial ecosystem that connects investors, businesses and citizens who share the same social values while on its way to creating  Canada’s first 100%  digital Canadian  chartered  bank.

Regarding Blockchain and ICOs

ICOs have already raised USD 327 million this year alone, compared to USD 101 million in all of 2016, according to the latest numbers from  Smith +  Crown a blockchain research firm. “This is inevitably becoming a fast-growing alternative for businesses to raise capital.”

Blockchain technology has been on fire in the past year, with blockchain-based cryptocurrencies recently passing $100 billion market cap, and the technology being adopted in projects all over the world. The fact that multibillion dollar companies like Toyota and Deloitte are working with the blockchain just adds to the technology’s reputation and proves it has value. As for ICOs, around 20 offerings a month are currently taking place and the Tezos blockchain ICO is the most recent record that generated US$232 million, ending on July 13.

Media Contacts

Eve Montpetit -  eve.montpetit@impakfinance.com  514-813-0871

Press kit :  download  link

Video:  Introducing impak  Coin  Info at  www.impakcoin.com

The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support, and networking opportunities to over 1600+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. Learn more at ncfacanada.org.