• AKT.IO Launches the AKTIO Coin Initial Coin Offering (ICO) in Ireland, Accelerating Fundraising Development to Revolutionize the Financial Ecosystem

  • DUBLIN, IRELAND, SATURDAY, SEPTEMBER 27, 2021 – Automata Group’s European fintech start-up Akt.io has launched a public Initial Coin Offering (ICO) in Ireland for early investors in their AKTIO coin. The ICO, an innovative fundraising method that uses blockchain technology to issue digital assets, rewards investors with a 12.5 percent bonus on coin purchases as well as access to exclusive akt.io app membership benefits.

    The akt.io app, which is set to go public in early 2022, will issue IBAN accounts that will allow members to earn, invest, and pay in fiat currencies (EUR, GBP), cryptocurrencies, stocks, and other assets all through a single app. Members will be able to use the Wealth Card, an internationally recognized payment card, to make direct payments with their invested capital while it is still earning a return.

    The Wealth Card is powered by WealthHub’s cutting-edge technology, a multi-route asset exchange that enables instant, direct trading of financial assets held within the akt.io platform – crypto to EUR, shares to crypto, EUR to commodities, and so on.

    Gal Itier, CEO and Founder of Automata Group, previously led a team of analysts in the development of quantitative models and the application of modern portfolio allocation methodologies for wealthy individuals. He discovered that the same type of algorithmic trading used to manage portfolios for high-net-worth individuals could be applied to the retail market at that time.

    Itier has been working on the WealthBot, an AI-powered, algorithmic trading feature that is at the heart of the app’s functionality, since 2017. The algorithm automates investments based on different investor profiles and has proven to significantly reduce risk in a bear market. This feature will be available only to Premium and Elite app users.

    “We Are On A Mission To Obsolete Traditional Financial Institutions And Give Individuals Power Over Their Financial Future,” says Itier. Our Private ICO Was a Huge Success, and We’re Excited to Make This Investment Opportunity Available to a Larger Community. The funds raised will allow us to scale further, hire the best talent, and ensure the success of this ambitious project.” The company’s ambitious goal is to reach one million members by the end of 2022 and three million by the end of 2023.

    In addition to the 12.5 percent bonus, the first 1,000 investors who purchase €10,000 in AKTIO coins during the Irish ICO will receive a Premium lifetime app membership. The Elite app membership will be available to the first 1,000 investors who commit €50,000 in AKTIO coins during the Irish ICO. Every participant receives a unique referral link that earns them an extra 5% on all coin purchase referrals. The offer has a fundraising cap of €27 million and will end once the coin is listed on major exchange platforms later this year.

    akt.io’s Background

    akt.io, brought to you by Automata Group, aims to transform the world of finance by leveraging cutting-edge technology that allows members to make direct payments with invested capital, automate their investing with intelligent algorithms, and earn income with their digital assets, all from a single mobile app. Since its inception in 2017, the company has raised over €7 million in funding and established offices in Sophia-Antipolis, Paris, London, and Dublin.

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