If at first you don’t succeed, maybe try launching a $300 million initial coin offering.
That appears to be the thinking of headphone manufacturer Monster Products, Inc., which last week filed a statement with the SEC laying out its plans to se…
Category: initial coin offering
Stratis wants to be a one-stop-shop for ICOs
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When it comes to initial coin offerings or ICOs — crowdfunding events in which participants buy digital tokens from a startup — the London-based Stratis is one of the original gangsters. The company launched a successful ICO in June 2016, way back before the ICO craze, selling its STRAT tokens for $0.007 each.
The price of STRAT has skyrocketed to $6 since, earning early investors who never sold it more than 80,000% in returns. The coin’s market cap currently sits at $592 million, making STRAT the 41st largest cryptocurrency out there. But Stratis, which describes itself as blockchain for the enterprise, has been fairly quiet since in those two years, which is a very long time in cryptocurrency world. Read more…
More about Interview, Blockchain, Ethereum, Initial Coin Offering, and Ico
View More Stratis wants to be a one-stop-shop for ICOsCambridge Analytica was reportedly exploring an ICO
In the most 2018 thing of the year so far, Reuters and The New York Times are both reporting that Cambridge Analytica was talking to crytpocurrency experts in preparation for the launch of its own initial coin offering. Of course, things may have gotten a bit off-track when the company was revealed to have obtained […]
View More Cambridge Analytica was reportedly exploring an ICOIs venture capital ready for companies with no founders?
Hemant Taneja Contributor More posts by this contributor The tech industry needs to move towards responsible innovation in 2018 Why pulling out of Paris Accord damages America’s economic future Initial coin offerings (ICOs) — a funding mechanism based on the technology behind cryptocurrencies like bitcoin — are a hot new way to launch a startup […]
View More Is venture capital ready for companies with no founders?Twitter moves to ban crypto ads
Twitter is the latest social service to boot out cryptocurrency advertisers. The company told Reuters it will be launching a new policy this week to prohibit the advertising of token sales/initial coin offerings (ICOs), and crypto wallet services. Ads for cryptocurrency exchanges will also be banned — with some limited exceptions. Facebook announced a ban in January, while […]
View More Twitter moves to ban crypto adsCryptocurrency ad bans are a step in the right direction
Google just banned cryptocurrency and ICO ads, a move that follows Facebook decision to do the same. The language is stark: you are no longer allowed to advertise “Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice).” This is good news. In the Wild […]
View More Cryptocurrency ad bans are a step in the right direction2018 VC investment into crypto startups set to surpass 2017 tally
For months now, much of the media attention on the crypto space has been directed at ebbs and flows in the price of bitcoin on one side, and whiz-bang ICOs on the other.
The price of the most valuable cryptocurrency, Bitcoin (specifically the BTC chain), has backpedaled significantly from highs set in December 2017. The chart below shows pricing data from the CoinDesk Bitcoin Price Index… Read More
Fools and their crypto
What should we do about token sales?
Two days ago a Lithuanian “company” called Prodeum looked like a promising if silly blockchain startup. Their stated goal? To track every piece of food on the Internet. While I doubt many of us will care about the exact provenance of the orange we just ate, we could see, in some distant future, a need for this sort of tracking.
After all, the… Read More
Telegram plans multi-billion dollar ICO for chat cryptocurrency
Encrypted messaging startup Telegram plans to launch its own blockchain platform and native cryptocurrency, powering payments on its chat app and beyond. According to multiple sources which have spoken to TechCrunch, the “Telegram Open Network” (TON) will be a new, ‘third generation’ blockchain with superior capabilities, after Bitcoin and, later, Ethereum paved the… Read More
This company will self-destruct after its ICO
Two opposing fears are holding back the move to token-networks: a fear of the absence of governance on one side and a fear of regulation on the other.
There is, however, a solution to both of these contradictory concerns when it comes to company …
SEC shuts down Munchee ICO
In what should be an interesting beginning to the coming avalanche of ICO failures, the SEC has come down hard on Munchee, a company that built a $15 million token sale. The SEC chairman recently noted that coin offerings are, in fact, securities…
View More SEC shuts down Munchee ICOSEC’s new cyber unit takes its first action to halt an initial coin offering ‘scam’
The Securities and Exchange Commission has charged Canadian crypto company PlexCorp with violating securities laws by selling up to $15 million in an initial coin offering (ICO). ICO’s have seen explosive growth over the past year as fledgling companies have used them raise more than $3 billion in capital through various cryptocurrencies. However, experts have warned they can present… Read More