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GlobeNewswire
430 Leser
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Olympus Labs Launches Pre-Ico Bringing A New Financial Ecosystem To The Blockchain World

New York, NY, 2017-11-29 02:25 CET (GLOBE NEWSWIRE) --
As blockchain and cryptocurrency companies continue to raise millions of
dollars in funding, there's an urgent need in the market for companies and
investors to be able to better manage its cryptocurrency assets with hedging
products and tools. Olympus Labs believes that by offering financial tools and
protocol, crypto- based companies and investors will be able to have more
control by protecting their downside risk in an otherwise extremely volatile
market. 

"Olympus Labs is an integrator of cryptocurrency-based financial products
(e.g., indices, ETFs, options, futures, etc.). Olympus, third-party financial
product developers, and Fintech applications build the products which include
but are not limited to exchanges, market analytics tools, payment services,
etc. (e.g., Kyber, Shapeshift, Sentiment)," explains Kai Chen, CEO of Olympus
Labs. 

On November 27, 2017 due to the high demand from outside investors Olympus Labs
opened its doors for its Pre-ICO token sale. 

The Olympus product is viable and has huge long-term potential. As for
competition, it fills an evidently empty space in the cryptocurrency market,
practically guaranteeing that Olympus' offerings will be used-and that this
usage will generate profits. Olympus's mission is to "define the protocol for
crypto-based derivatives," and it seems clear that these products will help
mature the market beyond the current spot market. 

The first of Olympus's products will allow one to borrow and lend bitcoin.
Cryptocurrency index funds will be the second Olympus product to hit the
market. These index funds will allow investors to buy into multiple
cryptocurrencies at once, with profits moving with the market as a whole
instead of with individual spot cryptocurrencies. Through customizable
fintech-focused smart contracts, exchanges will be able to quickly and easily
make their own indices which track the overall trend of cryptocurrencies traded
on that exchange. 

To Participate in the Pre-ICO

The Olympus Labs Token Sale started at 8 pm (GMT+8/UTC 12pm), 27 November 2017,
and ends at 8pm (GMT+8/UTC 12 pm), 3 December 2017.Olympus Presale terms:
Investors contributing more than 100 ETH, will get 10% bonus (1 ETH = 677
Olympus tokens). This will take place after ICO, and those who passed the KYC
process, will be issued MOT, the rest who failed in KYC, will be refunded with
ETH. For additional information and terms of the sale please visit the Olympus
Labs website. 

During the registration period (27 November 2017 to 3 December 2017), please
visithttps://kyc.olympuslabs.io/. 

Note: Information regarding the token sale will ONLY be disseminated on our
official communication channels: our official website and our official telegram
group. 

About OLYMPUS LABS

Olympus is led by a cohesive team with extensive expertise in both the
traditional financial markets and blockchain technology. Olympus Founder and
CEO Kai Chen started his career on Wall Street with Morgan Stanley, and he
later went on to work for McKinsey and PIMCO. Our development team includes
Google's former development community lead for China. On the business side, we
have Danielle Sabrina, a highly sought-after marketing expert and veteran of
several successful ICOs, and has helped her clients achieve prestigious awards
such as Inc 500, Forbes Next Billion Dollar Startup, Entrepreneur 360 among
other top level recognition. Danielle's work has also been featured in
Huffington Post and Entrepreneur. Olympus also has a strong advising board made
up of former executives at Morgan Stanley and McKinsey. 

OLYMPUS LABS Social Media

For more information about Olympus Labs and the launch of the pre-ICO, please
visit https://olympuslabs.io/web; on Twitter @olympuslabsbc and Telegram at
https://t.me/olympuslabs. 

###

Attachments:

A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/a88937da-05db-437e-92f0-07cc0
2b4dd8f 


         Danielle Sabrina
         
         Olympus Labs
         
         pr@oympuslabs.io
         
         
         
         Sharde' Brown
         
         What Vibes Your Tribe
         
         press@wvytmedia.com
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