A Malaysian exchanger Pinkexc, has recently announced a crowdfunding initiatives to build a network of 100 Bitcoin and other Cryptos all over Southeast Asia. Pinkexc which has been in operation since July last year operates an online exchange converting bitcoin to fiat and since October 2016 has been operating the first two way bitcoin to fiat ATM in Malaysia.
Currently Pinkexc have two ATMs operating 12 hours per day in Ipoh, Perak and in Hochi Minh Cty, Vietnam. Apart from operating these machine, Pinkexc has been running test and development to accomodate other cryptos for the machine.
In the proposal for crowdfunding, Pinkexc aim of having all 100 ATMs to be up and running by year 2020 and coverage will include all major cities in Southeast Asia, major tourist destination and also regions where most exported labour came from.
So far about USD 2.5 million has been collected from private investors, translating to about 10% of LIFE Token subscribed from the total issuance of 166 million LIFE token. LIFE Token, which runs on Ethereum Blockchain are going for it's Pre Sale period. For mor infos, please checkthe ico page at http://www.pinkexc.com/life.html