Tagged: ico

Macau Gangster-Associated ICO Claims Sell Out in 5 Minutes, $750 Million Raised

The South China Morning Post has reported that a digital token offering (ICO) with ties to former Macau gangster “Broken Tooth” Wan Kuok-koi claims to have raised $750 million dollars from investors across South Asia in a mere 5-minute sale. The “HB” token, the second ICO… Read More

56% of Cryptocurrency Startups Gone in Four Months

A study of the Twitter activity of 2,390 ICOs (initial coin offerings) has found that, four months after completing their initial token sales (ICOs), only 44.2% of crypto firms are still in business. The study by Boston College School of Management professor Leonard Kostovetsky and… Read More

#MetaHash Becomes First Cryptocurrency Recognized by Swiss Financial Market Supervisory Authority as a Payment Currency as ICO Commences

The #MetaHash team has announced that is has successfully been examined by the Swiss Financial Market Supervisory Authority (FINMA) which has officially concluded that the #MetaHashCoin (#MHC) will be recognized as money of general utility with payment functions. This is the first cryptocurrency to be… Read More

TrustToken, Platform to Create Asset Backed Tokens, Looks to Raise $61 Million on CoinList, First Stablecoin is Dollar backed TrueUSD

  TrustToken, is looking to raise $61 million in an security token on CoinList. TrustToken will be offering its native platform token – TrustToken (TRU). TrustToken is already backed by multiple big VC names, including; A16Z Crypto, Founders Fund Angel (Pathfinder), Jump Trading Capital, Foundation… Read More

A Vision for the Future of Crowdfunding

Crowdfunding today exists in many forms. Platforms such as Kickstarter and Indiegogo let entrepreneurs reward their community of supporters with tiered, tangible rewards.  Patronage-based models allow content creators to sustain their work with recurring donations from their fanbase. Equity crowdfunding and emerging initial coin offering… Read More

German Decentralized Venture Capital Firm Iconiq Lab Announces Addition to ICO Accelerator Program

Germany-based decentralized venture capital group Iconiq Lab announced on Thursday its latest addition to its ICO accelerator program – Verv, the machine-learning startup behind the VLUX token. The firm confirmed that this new addition comes in as a move to acknowledge and further the universal need for renewable… Read More

The Elephant: Security Token Platform is Offering Hybrid Funding Round of Equity & Tokens

The Elephant (formerly PrivatEquity.biz Platform), a security token issuance and secondary trading platform, is doing a small hybrid funding round. According to details shared with CI, the offer is seeking a few strategic investors to raise $2 million. The minimum subscription is $250,000 with each… Read More

President of Autorité des Marchés Financier Addresses ICOs in Speech to Finance Committee of French General Assembly

Last week, Robert Ophèle, President of the Autorité des Marchés Financier (AMF), presented the 2017 AMF annual report to the Finance Committee of the National Assembly. Ophèle took the opportunity to address a wide range of topics but notably on the list was the Pact Act… Read More

Abu Dhabi Global Market Issues Crypto Regulatory Framework

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and its CEO Richard Teng have been very active in the blockchain and virtual currency spaces of late. Fresh on the heels of an announcement earlier this week that the FSRA /… Read More

Report: First 5 Months of 2018 Saw 537 ICOs Raise $13.7 Billion

A new collaborative report by PwC Strategy& and the Crypto Valley Association provides an update on the global initial coin offering (ICO) market. According to their numbers, ICOs have grown dramatically during the first 5 months of 2018 with 537 ICOs, successfully raising $13.7 billion. This… Read More

Facebook Partially Reverses ICO Advertising Ban that Never Really Worked

Facebook has done an about face on their initial coin offering advertising ban – at least for a lucky few pre-approved platforms and exchanges. It appears that Facebook is recognizing the fact these are regulated securities and thus quite similar to other investment offers. Facebook… Read More

Testimony Provided by SEC Chair Jay Clayton Appears to Indicate Ethereum Not Being a Security is Commission Policy, Not Opinion

Earlier this month, the crypto markets quivered with repressed joy and moved higher when Securities and Exchange Commission (SEC) Director of Corporate Finance, William Hinman, declared that Ethereum is not a security. ETH advocates breathed a sigh of relief. Hinman stated; “And putting aside the… Read More

TaTaTu: This Initial Coin Offering Says it has Raised Over $575 Million

You may have thought the days of super-sized initial coin offerings (ICO) was nearing an end. Think again. The TaTaTu Token offering claims it has sold $575 million worth of digital coins in a private sale. The offering has apparently seen the participation of Prince Felix… Read More

LATTICE80 Set to Launch ICO Platform Fintech & Blockchain Startups Within the KAYA Network

LATTICE80 announced on Wednesday it is launching an Initial Coin Offering (ICO) platform for startups within the KAYA Network. The company reported it built KAYA Network as a global network of more than 11,000 fintech and blockchain startups in over 100 cities. According to LATTICE80, the… Read More

Antonopoulos Calls Ether: “The Most Credible Utility Token out There”- Lawyer Bristles

“I don’t really see Ethereum’s pre-sale being an ICO.” And thus begins one of the latest videos posted by widely-respected cryptocurrency commentator, writer and technologist Andreas Antonopoulos on his YouTube site. Ether was issued as a genuine utility token, Antonopoulos believes,  and not as a… Read More

SEC Obtains Additional Order to Freeze PlexCoin ICO Assets

The Securities and Exchange Commission (SEC) has received an additional emergency court order freezing the assets of Dominic Lacroix. The freeze is part of an ongoing enforcement action that stems from some time ago. The SEC had previously sued for securities fraud and had obtained… Read More

Bright Will Provide Global Loans to Businesses in Decentralized Marketplace, Plans Token Sale

Bright, company that is developing a “verified business data ecosystem using data provided by the MSMEs,” says it will use the information to provide loans to businesses. Bright said it will provide loans to businesses through BrightBank and allow MSMEs (micro, small and medium sized… Read More

Forested Japanese Village Contemplating Municipal ICO to Fund Sustainability Measures

As part of its dedicated efforts to become ecologically and economically self-sustaining, a Japanese village called Nishiawakura is considering raising funds by ICO (initial coin offering) to replace revenue from government development grants that expire in 2020. The forested village, which sits in the mountainous… Read More

Origin Protocol Initial Coin Offering Now on CoinList

CoinList has posted its first initial coin offering (ICO) of 2018. After a big start last year, CoinList is back in the market with Origin Protocol. Origin Protocol is a platform designed to enable developers and businesses to build decentralized marketplaces on the blockchain in… Read More

StartEngine Hits $5 Million Crowdfunding Goal, Announces $10 Million Initial Coin Offering

StartEngine, a leading investment crowdfunding platform in the US, has just closed its self-crowdfunding round hitting its goal of $5 million backed by 3400+ investors. The Reg A+ offer was first filed in September of 2017 as the platform sought to raise growth capital. In… Read More