Tagged: bancor

ICOs are Securities: Token Based Offerings Poised for a Rude Awakening as US Regulators May Soon Act

The US Securities and Exchange Commission (SEC) pumped their regulatory brakes on Initial Coin Offerings (ICOs) earlier this year. Pointing to the DAO debacle, the Feds said if a tokenized offering is a security it will be regulated, end of story. This  statement was a long… Read More

BitClave Partners with Bancor on Smart Tokens

BitClave has announced a new partnership with Bancor to use Smart Tokens across the BitClave Active Search Ecosystem (BASE). BitClave reports it has joined the Bancor network and will become a member of its protocol family. The Consumer Activity Token (CAT) will be using the… Read More

Y-Combinator Grad KickCity Announces ICO for Blockchain based Event Platform

KickCity, a multi-platform event and ticketing site, is preparing for an Initial Coin Offering (ICO). The company hopes to raise over $7 million to help fund a new vertical in their portfolio: KICK – a decentralized, transparent and reward-based event token. The Y-Combinator grad says its… Read More

Eyes Wide Shut: ICOs as a New Path to Startup Fundraising (Password Required)

This article is my attempt at providing a definitive guide to the complex, and so far, self-regulated, landscape of ICOs. Warning: mature content. What on Earth is ICO? Just as how in the ancient movie “Eyes Wide Shut” the password “fidelio” gave access to a… Read More

Law Firm Calls Bancor ICO “Interesting,” Cautions Investors Participating in ICOs

Earlier this month, Bancor Foundation raised more than $153 million in a “crowdsale” in what may be considered the largest crowdfunding campaign in history. This “Token Generation Event” or TGE saw 10,855 buyers step in for a total of 79,323,978 Bancor network tokens (BNTs) created with… Read More

Network Backlog Causes Ethereum’s Price to Plummet

Ether, the cryptocurrency which runs the Ethereum blockchain network, fell over 10% the last couple days which was caused by a backlog of network orders from recent Initial Coin Offerings (ICOs). The cryptocoin had reached a high of over $400 a coin earlier this month… Read More

Potential Red Flags in Bancor’s ICO?

Last week, Bancor, a blockchain startup aiming to be the standard for smart tokens, held an Initial Coin Offering (ICO) which raised over $144 million in a few hours. A recent post on Hacking, Distributed claims that Bancor’s ICO was flawed and there were a… Read More

Bancor Launches Crowdfunding Valuation & Promotion by WINGS DAO on Ethereum

Bancor Protocol allows anyone the ability to create a digital currency on the Blockchain protocol. No technical skills necessary. Think User Generated Currency (as they describe it). Bancor makes it easy to create and manage a “crowdsale” too. Galia Benartzi from Bancor recently pitched the company… Read More