Bytus Turns the Wheels in the Cryptocurrency Market

At the beginning of 2018, a major thud was heard in the cryptocurrency market. The infamous Bitcoin and Ethereum have hit their lowest prices in years and financial experts are still deciphering reasons behind both the rise and fall cryptocurrencies have seen in the past few years. This crash not only hurt the existing currencies but also it affected every currency that made its initial offering post crypto market crash. In a recent report, it was estimated that more than 50% of the ICOs in 2018 failed miserably. While very few reached the soft cap. Amidst this entire cryptocurrency and ICO crisis, there has been an anomaly in the form of Bytus.

Bytus, which is a fully owned subsidiary of Global Digital Payment, launched its Bytus Token on November 15^th, 2018, which has since been nothing short of success. The company has managed to monetize almost 50% of the entire number of tokens that were initially offered and have raised close to $850,000. This comes as a…