Dether is described as a “peer-to-peer ecosystem of crypto buyers, sellers and physical shops”. It aims to give direct access to cryptocurrencies via smartphone, and allow users to locate retailers that accept them.
Coinsilium highlighted that Dether achieved its minimum cap, of 3,956 Ether tokens, in the private pre-sale which took place in December and the maximum cap is set at 15,000 Ether.
Eddy Travia, Coinsilium chief executive, said: “Dether have a fantastic offering with the ability to make cryptocurrency and blockchain technology accessible to users around the world with very low barriers to entry.
“They are truly breaking barriers to global blockchain adoption by creating a fully decentralized bridge between fiat currency and cryptocurrency - and eliminating all intermediaries.”