Izmir Token is an ERC‑20 token crafted by Batufi Soft and led by Barış Turgut, positioned as the world’s first city token to integrate blockchain with urban social life in Izmir. The project markets itself as a value-driving digital asset for both investors and the city, with a pre-sale scheduled on Türkiye’s crypto exchange Bzetmex for 29 October, coinciding with the Republic’s 100th anniversary. Izmir Token secured an initial investment of 10 million TL from businessman Sedat Ocakcı, chairman of Ocakcı Holding. Ocakcı said he plans to continue investing and to introduce the project to his network of local and international investors. The team is engaging potential investors in Dubai, Germany, and Qatar for follow-on rounds targeting $1–5 million. No operating metrics (revenue or user counts) or instrument details beyond the disclosed investment amount were provided in the article.

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2023