Alibabacoin Foundation is excited to announce that stage 2 round 1 of Alibabacoin’s ICO has finished 5 days before the planned date. The first round of stage 2 ICO received tremendous response from the investors worldwide and much to the company’s delight, it got completed before the end date. Alibabacoin Foundation CEO, Jason Daniel Paul Philip announced that, with an explosive interest, the sales of 50 million coins made early sell-out. The stage 2 ICO officially began on 16th March and is composed of 11 rounds with each round lasting for 10 days.
Alibabacoin Foundation is known as the leading fourth-generation Alternative Coin(altcoin) and first of its kind platform to introduce facial recognition technology into the blockchain world. A team of talented developers from the Alibabacoin Foundation have integrated the benchmark facial recognition technology to secure funds in the crypto wallet. Their wallet is in the final stage of development expected to be released soon. This technology also removes the recognized data as soon as the facial data is collected, making the payment system more secure than ever. In addition, it also eliminates any risk of personal information leakage and privacy breach.
In Dubai, where the Foundation is located, they have already participated and organized several charity events for the needed people. The funds from ICO will be invested to support new developers, operators and bigger platforms as well as to the partners and platforms who will work together. The princes of Emirate Um AlQuwain are attending their events and in the future, they are planning to support the needed people around the world.
In the ever-changing cryptocurrency industry, Alibabacoin Foundation is showing rapid growth. Now it is time for the people to pay attention to Alibabacoin Foundation’s ICO and look out for the changes that they will bring to the industry.
More information about the stage 2 ICO and the participation can be found at abbcfoundation.com.