OpenLedger’s Apptrade, the platform aiming to create a kickstarter for blockchain apps, has received a heavy financial boost.

The company received $100,000 from OpenLedger ApS, the Blockchain powered conglomerate.

Using the digital token APPX, Apptrade creates groups of apps (or portfolios). If a member of one of these groups becomes popular and highly profitable, the value of the entire group also rises.

App creators can create their own portfolios or their can join an existing one.

Investors will then be able to invest in specific portfolios, and will then receive exclusive access to revenue sharing opportunities.

Initial token offering

Apptrade has launched an initial token offering (ITO) in order to attract interest from all over the world.

The ITO grants a 25% discount at Stage 2 and can be purchased in most cryptocurrencies.

Daniel Pineda, founder of Apptrade, says the platforms mission is to “improve access to value for content creators worldwide.”

Ronny Boesing, the CEO of OpenLedger, said:

“Apptrade’s venture is an innovation in investment finance, one that could have fascinating results for the future of fundraising in general. As crowdsales and their ITOs have transformed cryptocurrency investing, Apptrade FPOs and digitally shared reserves will transform and the app investment market in spectacular fashion.”

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