OXFORD, England, June 23, 2015 /PRNewswire/ --
Twelve months ago today LEO launched Project X, its plan to create the latest innovation in digital currency. This was LEOcoin - a new digital currency designed to appeal to a new broader group of people. People who aren't engaged in the latest technological developments but could still benefit from the disruptive and transformative impact of digital currencies.
One year ago, in Dubai, LEOcoin creators Dan Andersson and Atif Kamran announced their plan for LEO to lead the way in a new digital currency designed to be user-friendly and aimed at the mass-market.
Ten months later the LEOxChange (http://www.leoxchange.com ) was launched in April 2015 in London and Hong Kong. These international launches highlight the global potential for LEOcoin; which has seen over 160,000 members sign up to trade this new digital currency with access to 32,000 potential merchants. Dan Andersson, President and founder of LEOcoin, said "It has been the most incredible year for LEO and LEOcoin. To think when we launched Project X that we'd have a community of over 160,000 with a commitment towards LEOcoin only a year later is truly inspiring.
Atif Kamran, co-founder, added "What is equally exciting is that it is only since the launch of the LEOxChange, just a couple of months ago that LEOcoin has been available to everyone. That the coin has come so far in such a short time is testament to the scalability that digital currencies have in our digitally interconnected age. The potential for LEOcoin's expansion is exponential and our key goal now is to nurture this new digital currency by educating potential users out there of the benefits that digital currency offers.
"The key to LEOcoin's success will be ensuring that small business owners can use digital currency to directly trade with one another without the restrictive processes and overheads associated with more traditional currency exchanges. The instant secure payments offered by LEOcoin have huge appeal, and we are already seeing increased traction in the United States, and particularly China.
"The next twelve months will produce more exciting developments as LEOcoin continues to grow."
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