LONDON (PRWEB) April 02, 2018
Today, an initial coin offering (ICO) for the first ever Royal themed cryptocurrency launched. The Royal Coin (symbol: “ROYL”) is a gift to Prince Harry and Meghan Markle in celebration of their highly-anticipated wedding on May 19, 2018.
The ICO and proceeds will be managed by Crown and Country Magazine, Britain's royal themed luxury periodical that explores the world of the British Monarchy, its historical roots, and its place in the 21st century.
Proceeds raised in the ICO will be divided among three charities approved by Kensington Palace, Sentebale, The Invictus Games, and The Royal Foundation. These charities have been chosen as ones close to Prince Harry’s heart. The coin has been officially approved by The British Monarchist Society and Foundation.
The ICO has been planned in conjunction with The ICO Rocket, an underwriting service trusted by thousands to vet new ICOs. The launch coincides with the ICO Rocket’s own coin, The ICO Rocket Due Diligence Coin (symbol: “ROCKET”). Investors who purchase ROCKET in the pre-sale or ICO will go on to be airdropped tokens from a new ICO Rocket-managed ICO each month. ROYL will be one of the first coins offered through this unique model.
“The Royal Coin is the first ever of its kind. It not only celebrates a marriage but also channels cryptocurrency toward three noble causes,” said founder of The ICO Rocket Shahar Namer. “As exclusive advisors to the coin, we are delighted for its launch.”
The total supply of ROYL is 50 million. The crowdsale launches April 2, 2018 and will conclude May 31, 2018 and will appear on public exchanges as of June 1, 2018. The vale of 500 ROYL is equal to 1 ETH.