Tagged: initial coin offering

January 20, 2018 @ 9:11 am By JD Alois  |  

The International Organization of Securities Commissions (IOSCO) issued a warning statement this past week regarding initial coin offerings (ICO). The IOSCO Board also shared it had established an ICO Consultation Network through which members may discuss their experiences and bring their concerns, including any cross-border… Read More

January 20, 2018 @ 9:02 am By JD Alois  |  

The International Organization of Securities Commissions (IOSCO) has published a warning on initial coin offerings (ICOs). The Board Communication should come as no surprise as dozens of national securities regulators have published warnings already as public officials struggle to grapple with the concept of digital… Read More

January 19, 2018 @ 11:53 am By JD Alois  |  

The Securities Commission Malaysia (SC), along with Bank Negara Malaysia (BNM), has issued a new “cautoinary statement” regarding investor interest in initial coin offerings (ICOs). This is not the first time SC has warned the public against dubious crypto offerings. Today’s statement affirms that ICOs… Read More

January 19, 2018 @ 11:32 am By JD Alois  |  

A group of 500 Startups Global Seed Accelerator alumni have launched a new token offering designed to help individuals get exposure into promising initial coin offerings (ICOs). 22X Fund claims the title of the first-ever token offering backed by real equity. The token pre-sales begin on… Read More

January 18, 2018 @ 10:54 pm By JD Alois  |  

The big crypto news all last week was the announcement that Kodak, a company that was founded in 1888, was launching an initial coin offering for a new photography rights platform. The news tripled the market capitalization of Kodak almost immediately as the cool blockchain… Read More

January 18, 2018 @ 8:24 am By JD Alois  |  

The Massachusetts Secretary of the Commonwealth Securities Division has filed an administrative complaint against Kirill Bensonoff and Caviar, a Cayman Island company. Bensonoff is said to own a home in Brookline, Massachusetts and is described as attempting to avoid US securities laws by operating out… Read More

January 18, 2018 @ 8:00 am By JD Alois  |  

There is a rapid push to standardize and professionalize the initial coin offering (ICO) market. As competition heats up, you no longer can add Blockchain to your name and expect immediate token success. You need to have a reputable team in place and you need… Read More

January 17, 2018 @ 9:57 am By JD Alois  |  

Polymath Network is the first cryptocurrency related project to hit the 50,000 follower ceiling on Telegram. The highly popular company is the industry first security token launch pad. As initial coin offerings become professionalized and regulated you must have a service that can manage tokenized securities and… Read More

January 16, 2018 @ 4:00 pm By JD Alois  |  

The announcement by Kodak that it would be jumping into the cryptocurrency space with its own initial coin offering and KODAKCoin rattled all of corporate America. If a fallen star like Kodak could do it, then why not them? In a way, Kodak validates the… Read More

January 14, 2018 @ 9:20 am By JD Alois  |  

This should come as no surprise but SelfKey’s public token sale closed in just 11 minutes.  According to the company, the public portion of the initial coin offering (ICO) hit its cap of $5.94 million in mere minutes. SelfKey’s pre-sale easily raised its cap of… Read More

January 13, 2018 @ 6:00 pm By Xu Gao  |  

Renren Calls an End to its ICO Project It was reported that Renren has closed its RRCoin ICO project after a talk with China’s regulatory authorities. Among the 1 billion RRCoins that were planned to issue, 40% would have beeen allocated to private equity, 25%… Read More

January 13, 2018 @ 11:49 am By JD Alois  |  

Following a successful pre-sale where organizers reportedly raised $15 million, the SelfKey public Initial Coin Offering will start tomorrow (January 14th @ 12 AM UTC). Founded by Edmund Lowell, SelfKey’s tech stack is already in use.  In fact SelfKey may find itself in use with some big… Read More

January 12, 2018 @ 12:51 pm By JD Alois  |  

In the land of initial coin offerings (ICO), a world that is starting to look a bit like Xanadu, an estimated $4.9 billion was raised. This number was buttressed by several sources. WSJ.com reported in December that ICOs had topped $4 billion. Crunchbase augmented that… Read More

January 11, 2018 @ 10:32 am By JD Alois  |  

Security initial coin offering (ICO) specialists Polymath has announced a partnership with tZero. The Overstock subsidiary is currently hosting its ICO on SaftLaunch enlisting institutional investors for its security offer. Apparently, Polymath has already provided advice to tZERO on the design, economic model, and distribution of… Read More

January 11, 2018 @ 12:25 am By Charles Kaufman  |  

Some may have missed a distinctive feature of the recently filed class action lawsuit against Bitcoin mining company Giga Watt, Inc.: it is not a fraud suit. It is a suit for rescission (return of invested funds, with interest) based on the company’s having failed… Read More

January 10, 2018 @ 7:01 pm By JD Alois  |  

  BABB, a banking platform based on Blockchain based in London, is launching its initial coin offering (ICO) on January 15th with a pre-sale. The general token sale of BAX will commence immediately following the pre-sale seeking to raise a hard cap of USD $20… Read More

January 10, 2018 @ 4:24 pm By Samantha Hurst  |  

  SingularityNet’s public token generation event (TGE) sold out immediately as it took just 66 seconds for the decentralized AI marketplace to complete the sale in December. The highly anticipated token ICO is in the midst of a compliance audit, which it expects to be completed… Read More

January 10, 2018 @ 3:08 pm By JD Alois  |  

tZero, a compliant securities token offering, is experiencing significant demand. While it is hard to quantify, we have been hearing chatter for some time now that SaftLaunch, the issuing platform, has struggled to manage all of the inbound requests legitimate and otherwise. In a letter… Read More

January 9, 2018 @ 10:30 pm By David M. Adlerstein and Joshua Ashley Klayman  |  

“Photography is more than a medium for factual communication of ideas. It is a creative art.” – Ansel Adams The past year has witnessed a flurry of remarkable “initial coin offerings,” or ICOs.  The pending KODAKCoin digital token sale jointly announced by Kodak and WENN… Read More

January 9, 2018 @ 5:20 pm By JD Alois  |  

The Crypto Valley Association (CVA), based in the epicenter of ICOs in Zug, Switzerland, has published a Code of Conduct for Initial Coin Offerings. Founded in 2017, the CVA started with just 16 members at launch and today now counts over 550 corporate and individual… Read More