Tagged: initial coin offering

ICOs are STILL Not Taking Compliance Seriously in Search for Big Money

The initial coin offering (or ICO) explosion accelerated by Ethereum smart contract technology has resulted in over $3 billion in raised capital in 2017 and garnered the attention of governments worldwide.  The US Securities and Exchange Commission (SEC) has taken note.  In their statement on… Read More

Sirin Labs Says $158 Million Raised in Initial Coin Offering in Record Crowdsale

Sirin Labs, based in  Switzerland, is reporting having successfully completed their initial coin offering (ICO) having raised $157,862,507 – one of the largest ICOs to date. Sirin is the creator of a Blockchain based smartphone that is said to incorporate heightened security. Unlike current models… Read More

Starta Publishes Report on ICOs: “Hybrid Capital: The Future of Venture in the ICO Era”

Starta Ventures has published a report on venture capital in regards to the emerging Initial Coin Offering ecosystem.  Entitled, “Hybrid Capital: The Future of Venture in the ICO Era.” The e-book, authored by Alexey Girin and Ekaterina Dorozhkina, is available for download on Amazon but you… Read More

Enter the Dragon Coin: This Token Sale May Become the Largest Initial Coin Offering Ever

I must admit, when I first read about Dragon Coin and its initial coin offering (ICO) I was exceptionally skeptical. But then you really need to be careful which ICO you back right now. A healthy dose of skepticism can be what separates an investor… Read More

Fastest ICO Ever? SingularityNet Raises $36 Million in 60 Seconds

SingularityNet, the decentralized marketplace for Artificial Intelligence (AI), is reporting their ICO raised $36 million in just 60 seconds. While I am not certain if this is a record but it is probably one of fastest ever. Gifto recently sold out in a minute but… Read More

On the Move: tZero Acquires Stake in StockCross Financial

Overstock’s (NASDAQ: OSTK) digital subsidiary tZero has purchases a 24% stake for $12 million in StockCross Financial Services, Inc., a U.S., DTC Clearing Firm. This announcement comes on the heals of tZero investing in Kennedy Cabot Acquisition, a FINRA approved Broker Dealer and the parent of Siebert… Read More

Following ICO that Sold Out in Under a Minute, GIFTO Partners with Worldwide Asset eXchange

GIFTO, a blockchain virtual gifting protocol that recently completed an ICO thats public sale allegedly sold out in just one minute, has announced a strategic partnership with Worldwide Asset eXchange (WAX), decentralized marketplace for virtual assets. The agreement will see GIFTO created virtual gifts tradable… Read More

Another Class Action Filed Against an ICO, Monkey Capital Hit with Law suit by Silver Miller Law

Initial Coin Offerings (ICO) that raised money from US investors are easy targets for law firms and plaintiffs looking to collect on bogus ICOs or ones that simply did not file the proper securities exemption and have failed to deliver on stated commitments. Silver Miller… Read More

Finom Says Stock Capital Increased at Unprecedented Level as ETH 7,760 Contributed by Shareholders

Finom, based in Switzerland, claims the “largest increase in stock capital via cryptocurrency in world history”. The blockchain focused company Finom AG has announced it has become the first company in the world to increase its stock capital by an unprecedented level of Ether (ETH)… Read More

tZero ICO Begins Sending Offering Memorandum to Accredited Investors, Announces Airdrop as Incentive

The tZero Initial Coin Offering (ICO) listed on SaftLaunch is poised to be one of the largest ICOs to date. Open only to accredited investors, the pre-sale launched on December 18th only for the largest, institutional investors. Within half a day, over $100 million had… Read More

$40 Million+ Private Placement ICO: Ælf raises 55K Ether in a Private-Only Token Sale

Ælf, a Blockchain based company developing a ‘Cloud Operating System’ designed to become a central hub for all Blockchains, has announced a pre-sale raise of 55,000 Ether. During the “under the radar” initial coin offering, the spot price was about $450 per ETH. Today, as… Read More

Overstock’s tZero Invests in Kennedy Cabot Acquisitions Holdings

tZERO, the blockchain subsidiary of Overstock.com (NASDAQ: OSTK) that is in the midst of a huge initial coin offering, has agreed to take a 1% stake in Kennedy Cabot Acquisition Holdings (KCA) with a $1 million investment. KCA is a FINRA approved Broker Dealer and… Read More

Overstock’s tZero ICO Rakes in $100 Million in First 12 Hours

The tZero initial coin offering (ICO) has revealed that institutional investors have committed more than $100 million in the first 12 hours of the pre-sales offer. Additionally, more than 10,000 subscribers have registered for accredited investor status via the Saftlaunch platform where the ICO is… Read More

Overstock Updates on tZero ICO, Says $250 Million Offer to be Treated as Preferred Equity in Company

  The highly anticipated tZERO initial coin offering (ICO) has finally launched on SaftLaunch. The ICO was delayed once before and appeared to be in a holding pattern earlier today but now the offer is live and open to certain investors. Part of the delay… Read More

Food for Thought: SEC Turns Up the Heat on Utility Token Sales

  This article is written by the authors solely in their personal capacities, and the views expressed are the authors’ own and do not necessarily reflect the views of their employer or any other person.  This article does not constitute, and should not be relied… Read More

Class Action Lawsuit Filed Against Centra ICO that Was Pumped by Floyd “Crypto” Mayweather

Initial Coin Offerings are fat targets for attorneys representing disgruntled investors. Tezos is the most prominent example of an ICO gone bad due to the very public internal infighting, the fact that creators attempted to describe investments as donations and the hundreds of millions of… Read More

UK Financial Conduct Authority Publishes Feedback Statement on Blockchain

The UK Financial Conduct Authority (FCA) has published a feedback statement on distributed ledger technology (DLT) or Blockchain.  The document comes following an earlier discussion paper published in April designed to commence a dialogue between interested parties and the regulator. The FCA has now responded to received… Read More

First Republic ICO Sees Strong Demand as Platform Introduces New Securities Structure “Token DPA”

Republic, a Reg CF crowdfunding platform, listed its first Initial Coin Offering (ICO) this past week. Republic Crypto offered the security in conjunction with CoinList that is hosting the offer for accredited investors under Reg D (506c). Both CoinList and Republic are the creation of… Read More

Not Everyone Is Doing It: Kickstarter Is A 100% Firm No For ICOs

Following Indiegogo’s announcement that it, along with partner Microventures, listed their first ICO coming for a “Fan-Controlled Football League” (FCFL), that global crowdfunding platform’s competitor Kickstarter has officially announced it will not be doing any ICOs. As previously reported, the rapid rise of tokenized securities… Read More

Everybody is Going to Do It: Indiegogo / Microventures Lists first Initial Coin Offering with Fan Controlled Football League

The opportunity is simply too strong to resist. The rapid rise of tokenized securities and the booming initial coin offering market is compelling crowdfunding platforms to reposition provide issuers the platform they demand. As the United States is the top ICO issuer in the world,… Read More

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