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ProBit Exchange – SmartKey Partnership Starts on a High Note with $800,000 Raised During Soldout IEO

2 mins
2 December 2020, 16:45 GMT+0000
Updated by Shilpa Lama
2 December 2020, 17:12 GMT+0000

ProBit Exchange has successfully closed out an $800,000 IEO for DeFi connector platform Smartkey. The full allocation of 30,000,000 SKEY sold out within a week, prompting the team to consider the launch of a Round 2 with a shortened duration before listing.

A flurry of IEO sold out campaigns was a primary catalyst for ProBit Exchange’s meteoric rise during the surging IEO sector and has remained a significant calling card for the 600+ clientele already onboarded.

More significantly, the SmartKey IEO was the only to feature on the token fundraising platform without ProBit’s staple quote currency bonuses aside from a 5% bonus chance for qualified participants meeting requisite purchasing criteria.

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.

SmartKey has already bolstered their IoT use case with its partnership with top oracle platform Chainlink to equip emergency response teams with automated IoT services via real-world data feeds provided by oracles. Through the Blockchain of Things (BoT) space, this opens up smart-contract controlled activation of critical sensors and infrastructure during emergencies through the data feeds provided by the Chainlink Network and executed by SmartKey functionalities.

SmartKey also has a rapidly growing presence in the heavy crypto demographic in South Korea through a Kia partnership to capitalize on smart contracts to deliver features including car-sharing through blockchain-based digital car key storage and transfer.

About SmartKey

SmartKey DeFi connector is a 2nd generation Blockchain Of Things “BoT” technology to manage access to physical services such as car rentals or Airbnb services with settlement by Ethereum or Waves Smart contracts.

SmartKey will be the main connector to the Ethereum blockchain world for communication with the company’s devices and will support the largest number of BoT integrations in the world by June 2021 with API support for over 12 million devices.

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.

ProBit Exchange’s Global Brand Trusted By Millions of Users

  • 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.
  • User interface of 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.


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