Tagged: ico

Is a Great Blockchain Swindle Afoot?

  Blockchain has been called “The Foundation of the Fourth Industrial Revolution.” Umpteen conferences are now being devoted to explaining it. Hundreds of cottage firms have emerged claiming blockchain expertise. Enterprises, hearing that Bitcoin will compete with their payment or other systems have been spending millions… Read More

Zombie Coins: There are 4500+ Cryptocurrencies with Many Being Inactive, CoinJanitor Wants to Clean them Up & Reanimate Some of Them

This is an interesting spin on cryptocurrencies. There have been thousands of digital coins created but many have died, morphing into Zombie coins. So where do digital currencies go to die? This company thinks they can be reanimated and gain a second life. CoinJanitor, a… Read More

Prometheum Files Reg A+ for ICO, Claims they have “Cracked the Code” as to How to Accomplish

Most securities initial coin offerings (ICOs) are being filed under Reg D 506c in the US. This enables an issuer to sell securities to accredited investors. Reg A+, an updated securities exemption, enables issuers to offer securities to both accredited and non-accredited investors. Reg A+… Read More

Jimmy Song Questions Tim Draper’s Claims of a Blockchain Panacea

On May 8th, venture capitalist Tim Draper, Bitcoin software developer Jimmy Song and crypto hedge fund manager Kyle Samani engaged in a tense debate about the viability of enterprise blockchains and supposed utility of “crypto asset” ICOs (Initial Coin Offerings). Draper began by invoking the… Read More

KODAKCoin in “Final Phase” as Token Offering Officially to Commence on May 21st

WENN Digital, the developer of the blockchain based KODAKOne Image Rights Management Platform, has announced that the offering of Simple Agreements for Future Tokens (SAFTs) and the underlying KODAKCoin Token will officially commence on May 21, 2018. The offering will be facilitated through Cointopia and managed… Read More

Invite Only Cryptocurrency Merit Says it has Raised $1 Million. Sets Goal of Being “Most Adopted Digital Currency”

“Digital currency for humans” Merit has announced it has raised $1 million for their “world’s first invite only cryptocurrency.” Merit says they want to be a cryptocurrency for everyone – not just the rich. The goal is to create a community that is based on… Read More

Kleros, a Justice Protocol for the Internet, Joins Thomson Reuters Incubator, Preps for ICO

Kleros, a blockchain dispute resolution layer protocol, has been accepted into the Thomson Reuters Incubator program. Kleros says it enables both individuals and businesses to feel secure while conducting transactions online. This is accomplished by using smart contracts to reduce counterparty risk in a wide… Read More

BCT Raises $31 Million in Public ICO, Tokens to be Distributed End of Month

CG Blockchain, Inc. has announced that its affiliate BCT Inc. has closed the public sale of its BCT utility token, raising over $31 million. The sale commenced on April 1st. BCT Inc. offers a suite of proprietary and third party application tools for hedge funds,… Read More

QUOINE Launches ICO Platform on QRYPTOS

Global blockchain fintech firm QUOINE announced this weekend it has launched its Initial Coin Offering (ICO) platform, which the company describes as an all-in-one ICO execution service that provides a safe haven for both token participants and token issuers. QUOINE reported that its ICO Mission Control will initially… Read More

What Crypto Start-ups Can Learn from the Dotcom Boom and Bust

  The so-called dotcom era that lasted from 1997 to 2001 was an epic period for tech industry hype. It was a veritable Wild West for tech-oriented businesses, where it sometimes seemed like investor money all but grew on trees for the many start-up firms… Read More

Cryptocurrency Ripple Facing Class Action Lawsuit Alleging Violation of US Securities Law

Ripple Labs, the company behind the cryptocurrency Ripple (XRP), are facing a class action lawsuit filed by an investor, Ryan Coffey, who alleges the company sold it’s cryptocurrency tokens to the public in violation of US securities laws. The filing also claims the company has… Read More

ICOData.io Reports Decline in ICO Investing So Far in 2018

ICOData.io, a company that rates Initial Coin Offering (ICOs) to remedy an “intelligence deficit” in the market, has published data showing that ICO investing dropped by almost two-thirds in the first four months of 2018. The organization has just published a chart showing that funds… Read More

Return of “Terrible Token Tuesdays”

After last week’s post was suspiciously ‘downvoted’ into obscurity on Reddit, this Tuesday saw the triumphant return to Reddit of the “Terrible Token Tuesdays” post that every week identifies particularly bad ICOs (Initial Coin Offerings) investors may want to steer clear of. “Terrible Token Tuesdays”… Read More

No Public ICO for Telegram

It has been widely reported that Telegram has decided against a public initial coin offering (ICO). This comes after Telegram raised over $1.7 billion in a “purchase agreement for cryptocurrency,” according to public documents. The first $850 million was raised by just 81 investors, as… Read More

PropertyCoin Launches Initial Coin Offering for Security Token backed by Real Estate

Aperture’s PropertyCoin initial coin offering kicked off yesterday as the company seeks to marry blockchain and real estate backed investments. Property Coin is said to be the first opportunity to own a professionally managed real estate portfolio using Ethereum. Based in Los Angeles, Aperture is a real… Read More

Creation of an ICO Safe Harbor Would Provide a Zone of Regulatory Certainty in a Market Flooded with Questionable Compliance

The US initial coin offering (ICO) market is the subject of a great deal of regulatory uncertainty resulting, in large part, from the absence of comprehensive guidance by the SEC.   The uncertainty has caused frustration for issuers and investors and has also been counter-productive… Read More

Blockchain Island: More Cryptocurrency Businesses Look to Relocate to Malta

A Discussion with Malta Parliamentary Secretary for Financial Services, Digital Economy, and Innovation – Silvio Schembri Malta has quickly emerged as a popular location to set up blockchain based businesses. Globally, some countries have banned crypto operations, others have created rules by enforcement while most continue… Read More

Quebec Sanctions “Antivolatility” and “ZZZ” ICOs

The Autorite Des Marches Financiers, regulator of financial markets in Quebec, has sanctioned the operators of two ICOs (Initial Coin Offerings). According to an April 19 press release from the AMF, after an ‘ex parte’ hearing on April 13th, the Administrative Financial Markets Tribunal (TMF):… Read More

Australian Securities and Investment Commission Issues Inquiries into ICO Issuers to Halt Deceptive Practices

The Australian Securities and Investment Commission (ASIC) has taken action to address misleading or deceptive conduct regarding initial coin offerings (ICOs). ASIC announced it was targeting the sale of digital tokens and is issuing inquiries to ICO issuers and their advisers where they identify conduct or… Read More

Abu Dhabi Publishes Consultation on Regulatory Framework for Cryptocurrency / Digital Assets

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has published a consultation paper proposing a regulatory framework for digital assets. The document outlines rules for spot market activity, including exchanges and other intermediaries to be regulated by ADGM. “As the recognised… Read More

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