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Our ambitious goal was to raise €40 million to make Web3 accessible to all.
Finally, €6.83 million was raised.
The funds were invested in the development of our key services: Summit Mining, Summit Gravity, and Summit Research, etc., in line with the commitments made in our White Paper.
Our goal with this fundraising is to enable Summit to develop the services that will enable it to become a global player in cryptocurrency.
This development will also unite our community even more closely around a common project.
Our strong, close-knit community is more involved than ever in Summit's development. We have already raised €6.36 million.
Investing in our ICO is more than just an investment. Growing internationally will give us the strength and centrality in Web3 that will make us one of the biggest.
An Initial Coin Offering (ICO) is a fund-raising operation in which a company in need of financing issues tokens, to which investors subscribe mainly with cryptocurrencies. These tokens may give them future access to the company's products or services.
Founded in 2019, Summit is today one of France's leading cryptocurrency investment and mining companies, with nearly 40 employees and over 5,000 customers, constantly growing.
Summit today consists of 8 flagship products/services, all linked to the world of cryptocurrencies and Blockchain.
Because Summit is expanding rapidly and our goal is to become a leader in Web3 and cryptoactives!
The Summit Token is at the heart of a virtuous system based on 4 value-creation mechanisms:
compound interest, buying pressure, deflation and redistribution.
At the heart of the financing model is the creation of the world's largest community mining farm.
We have already raised more than 6 million euros in 2022 from our community, which represented 100% of our goal.
For 2023, we are seeking to raise an additional €2.7 million, then €31 million in 2024, for a total of €40 million.
* Until the Ignition reserve is exhausted.
** Rewards from the Mining reserve (supplied by mining machine revenues).
Nothing could be simpler.
Log in to our dashboard and buy your Summit Tokens using bitcoin (BTC), ether (ETH) or stablecoins (USDC and USDT with ERC-20, Polygon or BNB Smart Chain networks).
You'll find all the information you need to track your profile and transactions.
Are you just starting out and don't know where to begin? Wondering how to buy Summit Tokens via our Dashboard?
Check out our tutorials for buying Summit Tokens from the 3 best-known crypto platforms: Binance, Kraken and Coinbase.
From the video player at bottom right, you can activate subtitles. Or press the "C" key
Launch of the first business: Summit Mining creates community mining to enable people to invest in cryptocurrency mining and enjoy monthly returns.
Launch of two new investment services with different risk levels.
The venture capital service that enables Summit to invest in Web3 start-ups and support their growth.
Summit offers mining professionals machines at attractive prices (Summit Market), as well as the possibility of hosting them (Summit Hosting) in secure mining farms at attractive kWh prices.
Summit provides cutting-edge on-chain and off-chain analysis of blockchain and cryptocurrency-related projects to enable investors to find high-potential projects.
Summit Nodes allows you to generate a regular return by creating and hosting Masternodes, or by delegating your cryptos to our Masternodes.
The training service that enables everyone to discover, understand and progress in the world of blockchain and cryptocurrencies and avoid the pitfalls of cryptocurrency.
Summit token listing.
Our expertise in Web3.
Launch of Summit Bank, offering numerous banking services based around cryptocurrency, to facilitate the transition from Web2 to Web3.
"You can't predict, but you can prepare. "Howard Marks
For this occasion, we organized an event on February 11, 2023 in Paris. Watch the video!
Founded in 2019 by Mathieu Vincent, a financial markets expert for over 20 years, Summit is now one of France's leading cryptocurrency investment and mining companies.
Today, Summit has almost 40 employees and over 5,000 customers, and this number is constantly growing.
No, we cannot guarantee your investment with Summit. As with any investment in general, this investment involves risks related to a number of parameters.
For the time being, we cannot give any information on a potential listing date.
Initially, however, you will be able to trade (buy and sell) your Summit Tokens via our OTC (over-the-counter) platform, which will be arriving very soon.
In a second phase, in the first half of 2024, the Summit Token will be listed on one or more decentralized exchanges (DEX).
In a third phase, during 2024, the Summit Token will be listed on centralized exchange platforms (CEX) such as Binance or Kraken.
For the time being and despite our best efforts, we can only accept cryptocurrency payments.
Nevertheless, we wanted you to be able to invest with Stablecoins. That's why you have a choice of : BUSD, USDC or USDT.
We are doing our utmost to integrate credit card and bank transfer functionality. We will keep you informed if we are able to offer these payment methods.
The deadline depends on each open phase. As soon as a phase has been completely filled (all Summit Tokens sold), the next phase opens, until all Summit Tokens on sale have been used up.
There is no specific deadline. We simply invite you to be as reactive as possible if you wish to buy Summit Tokens at a certain price before they are all sold out.
You can follow the progress of the phases from your Dashboard at this address: https://app.summit.io/
KYC (Know Your Customer) helps protect investors and combat fraud, money laundering and terrorism.
That's why we've decided to make it compulsory.
Would you like to have all the cards in your hand?
Our 175-page White Paper is the best solution. In this document, we've decided to document our ICO and the Summit Group as fully as possible.