Denmark-based OpenLedger has announced that it has received $1.6 million seed funding from a group of unnamed investors from China, the U.S., and Europe.

According to the official release, the funding will be used to start immediate production of the four major projects managed by OpenLeger:

• eDEV.one: It is a blockchain based freelancing platform where clients hire freelancers that suit the skills and requirements they need, while freelancers browse for available jobs. It is currently preparing for its pre-ICO stage in August 2017, is set to launch in Q1 of 2018.
• GetGame (getgame.io): A platform based on game related ideas with a focus on VR, AR and any blockchain based creations that can demonstrate success.
• Apptrade (apptrade.io): Powered by the digital token APPX, it creates portfolios, or groups, of apps, where if one of those apps becomes the next Instagram or Angry Birds, then the value of the portfolio rises.
• OCASH: It is a new BitShares token which is currently held by early backers, and will be offered to all future ITO investors. It brings a major cards’ payment system to the OpenLedger and BitShares networks.

OpenLedger said the investment is a direct response to the recent OpenLedger Asian-US Tour, which led OpenLedger CEO Ronny Boesing to speak at prestigious conferences in Shanghai, New York and Seoul. This led OpenLedger to successfully securing a lucrative partnership with the first public blockchain in China, ViewFin, and an agreement to have OBITS, the official currency of OpenLedger, listed on two Chinese exchanges. Furthermore, OpenLedger is adding Chinese ICOs and their tokens to the OpenLedger Decentralized Exchange, or DEX.

“The sky is the limit, where we are going from here. OpenLedger has managed to secure $1.6 Million USD in only three weeks, allowing four of our flagship projects to start immediate production, commence their ITOs and reach their goals. We are excited about our new Asian-American partnerships, and even more excited for our investors who will reap the benefits from all of this hard work”, Boesing stated.

The recent funding will be equally spread amongst the four projects. ITOs for three of these – eDEV.one (EDEV, JOYY), GetGame (REALITY), and OCASH – will be announced in the following months, and the funds raised will be invested into the development and marketing of each project individually, while simultaneously allowing investors to participate and prosper.

OpenLedger said that it will announce three individual sharedrop snapshots for OBITS holders who hold tokens related to eDEV.one, Getgame and OCASH by the end of this month.