The comprehensive IoT solution SmartKey saw their SKEY token rocket by 400% following listing after successfully raising $1.5 million via two completed IEO rounds on ProBit Exchange.

The surging token is currently trading at 0.125, having reached a high of 0.200 as of press time with nearly $600,000 in SKEY changing hands.

SKEY was offered to early investors at 0.025 during the first round of IEO with significant demand securing nearly $800,000 in capital following the purchase of all 30,000,000 tokens. Due to community demand, a second flash round was quickly prepared before listing at 0.035 and also sold out to accrue an additional $700,000 for a total of $1.5 million raised.

Smartkey is a blockchain project that aims to bridge the gap between DeFi and physical value with their core technology revolving around an API connector capable of bridging physical IoT devices as well as a DeFi connector tailored towards smart contract integration for Ethereum and Waves.

The Smartkey app provides an accessible IoT system by tapping into the Ethereum network to provide smart key access and enable emergency access to communities, a critical component to improving response time and expediting potentially life-saving services.

Having already been rolled out in the Polish community to service 1.5 million in times of emergency needs, Smartkey aims to deliver tangible IoT utility to various industries including future incorporation into Kia vehicles for physical key management and sharing services.

About ProBit Exchange

ProBit Exchange is a Top 20 crypto exchange globally. We have completed over 200 rounds of IEO and have been consistently ranked Top 4 in Korea. ProBit Exchange provides unlimited trading access highlighted by nearly 1,000 trading pairs.

A special ProBit Cup Event featuring 10,000 USDT for the top 20 point totals is currently running during the month of December in which users can accumulate points by purchasing and staking ProBit’s native token PROB.

To celebrate the upcoming holidays, ProBit Exchange has decided to extend the 50% discounted BTC subscription period as an early gift.

ProBit Exchange Key Figures

  • 100,000+ community members.
  • 800,000+ monthly active users.
  • 3,000,000 monthly web visitors.
  • 50,000,000 users on partnering aggregators and wallets such as CoinMarketCap.
  • The user interface of a multilingual website supporting 41 different languages.
  • Marketing and community support in 8 key languages.

ProBit Exchange Benefits

  • Trading Fee Discount: Buy PROB, pay trading fees with PROB & get as low as 0.03% trading fee.
  • Stake Mining: Stake PROB and earn PROB at a rate of 4% per annum.
  • Referral Program: Earn 10-30% of trading fees for referring friends to ProBit.
  • ProBit Exclusive: Subscribe to 50% off Top 200 tokens.
  • Auto Hold Campaigns: Hold tokens and get 6% annualized returns.


  • Disclaimer: All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

The post SKEY Gains a 400% Price Increase on the Heels of $1.5 Million Raised Through IEO on ProBit Exchange appeared first on BeInCrypto.

Source: Be In Crypto