– ITTx has completed its Tranche 4 pre-sale with all 1 million tokens allocated sold out in 67 hours.
– This strong performance is consistent with that of the earlier 3 tranches, amidst positive developments for the ITTx and a generally bullish market outlook for digital assets.
– Infinite Tech Global has announced its partnership with multinational hospitality company Zazz Hotels & Resorts entailing the use of ITTx tokens for payments and the Memorandum of Understanding signing ceremony will take place sometime in December 2020.
– The ITTx also looks set to make its presence felt in the food & beverage industry as Infinite Tech Global Limited looks toward signing a Memorandum of Understanding with Tom N Toms Coffee (Relikor).
ITTx token’s 4th Tranche pre-sale was a rousing success with the entire token allocation for the particular tranche, amounting to 1 million tokens, sold out within 67 hours.
This strong performance is consistent with that of the earlier 3 tranches and comes amidst positive developments for the ITTx and a generally bullish market outlook for digital assets which are believed to have been key factors in contributing to the ITTx’s successful Tranche 4 pre-sale.
Recent data over the past week or so for key Bitcoin and Ethereum options metrics, the 2 key digital assets that are indicative of general market sentiment for cryptocurrency markets, show that traders are wildly bullish, with market prices for Bitcoin (BTC) rallying to $19,418.97 and several of the top 10 altcoins going on a double-digit rampage to new 2020 highs on November 24th, 2020.
In addition to a bullish market, demand for the ITTx during its Tranche 4 pre-sale was further fuelled by a series of positive developments with regards to the ITTx’s utility which includes Infinite Tech Global’s announcement of its partnership with multinational hospitality company Zazz Hotels & Resorts, entailing the use of ITTx tokens for payments.
ZAZZ Hotels & Resorts is a multinational hospitality company with hotels and resorts in Thailand, Vietnam as well as The Maldives (upcoming in 2022). Additionally, ZAZZ Hotels & Resorts can also boast of partner hotels in Cambodia. As such, Infinite Tech Global’s partnership with ZAZZ Hotels & Resorts marks a key milestone in the ITTx’s development and is a significant first step toward securing its position as the premier digital token of choice for payments within the global hospitality industry.
Preparation works for the Memorandum of Understanding signing ceremony is well underway and will take place sometime in December 2020.
The ITTx also looks set to make its presence felt in the food & beverage industry as Infinite Tech Global Limited looks toward signing a Memorandum of Understanding to formalize its partnership with Tom N Toms Coffee (Relikor) regarding the use of ITTx tokens for payments at its outlets in Thailand.
Infinite Tech Global’s partnership with the above 2 entities, ZAZZ Hotels & Resorts and Tom N Toms Coffee (Relikor) would enable the ITTx to leverage on a huge consumer base that consists of over a million consumers when it comes to establishing a large community of users and market demand for the ITTx.
It is common knowledge within digital asset investment circles that the real litmus test for a token is how many people take an interest in it. If a token attracts heavy attention and participation right from the start, it is far more likely to become a token that is truly valuable and viable. The ITTx’s Tranche 4 pre-sale was definitely promising and it is widely expected that the upcoming pre-sales tranches will be just as successful as if not more successful than the preceding ones.
Media contact
Company: Infinite Tech Global
Contact: Stephen Waterson
Email: [email protected]
Website: https://www.infinite-tech.io
(Syndicated press content is neither written, edited or endorsed by ED Times)
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