initial coin offering
An Initial Coin Offering (ICO) is a means of crowdfunding the release of a new cryptocurrency. Generally, tokens for the new cryptocurrency are sold to raise money for technical development before the cryptocurrency is released. Unlike an initial public offering (IPO), acquisition of the tokens does not grant ownership in the company developing the new cryptocurrency. And unlike an IPO, there is little or no government regulation of an ICO.
Satis Group prepared a report, in which it has shown that around 81% of the total number of initial coin offerings launched since 2017 have turned out to be scams.
Having successfully closed a Series B round funding, the China-based cryptocurrency industry giant Bitmain is valued $12 billion.
At the Town Hall Meeting held in Atlanta, SEC Chairman delivered a speech in which he pointed out that ICOs should be considered as securites, that need regulation.
Amid Bitcoin growth after quite a long-term downward trending, fintech startups livened up offering their solutions to the crypto industry. Here are the top 3 definitely worth monitoring in 2018.
After announcing its “super chain”, the Chinese search giant Baidu decided to launch a new blockchain-based game called Du Yuzhou.
Governor of Thailand’s Central Bank has announced the ‘Inthanon’ project as part of Thailand’s ongoing research into new applications for blockchain technology.
In this guest post David Ritter, CEO of Penta Global Foundation, shares his insights into the creation of a viable, self-sustaining and low-barrier ecosystem, explaining how Penta Network manages to achieve scalability without sacrificing inclusion and fairness.
Any currency used as an investment in the venture affecting the value of the token will be categorized as securities as per the SEC jurisdiction.
Serial entrepreneur and advisor Rick Marini talked to Coinspeaker about why a decentralized platform SpringRole is set to disrupt professional profile verification and attestation.
Although the cryptocurrency market has witnessed a significant slowdown, the ICO market is going rock-solid in 2018.
The Noah Project aims to collaborate with Philippine ventures, to create strategic partnerships for meaningful and lucrative projects that will benefit both Japan and the Philippines alike.
The country’s central bank – The Hong Kong Monetary Authority (HKMA) – sees no sense in having its own digital currency given that already existing infrastructure is quite robust and efficient.
Financial losses haven’t made Monster give up. The company is going to upgrade its business raising $300 million from the future ICO.
