Author: Angel

Initial Coin Offering (ICO) vs. Initial Public Offering (IPO)

An initial coin offering (ICO) is a controversial mean of crowdfunding centered around cryptocurrency, which can be a source of capital for startup companies. In an ICO, a quantity of the crowdfunded cryptocurrency is preallocated to investors in the form of “tokens”, in exchange for legal tender or other cryptocurrencies such as bitcoin or ethereum. These tokens supposedly become functional units of currency if or when the ICO’s funding goal is met and the project launches. An Initial public offering (IPO) or stock market launch is a type of public offering in which shares of a company are sold to institutional investors...

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How to assess the ico projects?

An initial coin offering (ICO) is a fundraising method that trades future crypto coins for cryptocurrencies which have an immediate, liquid value. ICOs and token sales became popular in 2017. There were at least 18 websites tracking ICOs before mid-year. There are 235 ico projects and totally raised $3,700,682,293. For example, Kik had previously issued $50 million in tokens called “Kin” to institutional investors, and sought to raise an additional $125 million from the public. In connection with this ICO, an unidentified third party executed a phishing scam by circulating a fake URL for the offering through social media....

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ICO Regulations by countries

China On September 4, 2017 seven Chinese financial regulators officially banned all ICOs within the People’s Republic of China, demanding that the proceeds from all past ICOs be refunded to investors or face being “severely punished according to the law”. This action by Chinese regulators resulted in large sell-offs for most cryptocurrencies. Prior to the Chinese ban, ICOs had raised nearly $400 million from about 100,000 Chinese investors. A week later, however, a Chinese financial official stated on Chinese national television that the ban on ICOs is only temporary until ICO regulatory policies are in place. United States In...

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The Headline of Dec 18

Blockchain 1. Australian Securities Exchange(ASX) will use distributed ledger instead of post-transaction settlement system ★★★★★ After two years of exploration, the ASX decided to replace its decades-old post-transaction settlement system with a distributed ledger from Digital Asset, a startup that was led by the chief of JPMorgan Chase—-Blythe Masters. 2. ICO issued by Boxer champion Floyd Mayweather accused of violating the U.S. securities law ★ ★ ★ ★ The ICO issued by Boxing champion Floyd Mayweather Floyd Mayweather Jr. was accused of violating US securities laws and eventually raised $ 30 million to develop a debit card focused on...

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How to Buy Bitcoin?

Bitcoin broke through a high record above $8,000 on Monday, November 20, after a dismal September in which the cryptocurrency fell to $2,900 a coin on September 15. This guide will tell you about how to buy bitcoin instantly which more and more cryptocurrency users are concerned about. Bitcoin Wallet Before buying bitcoins, you should need a bitcoin wallet to store your new bitcoins. Depending on the security levels you want, different wallets will provide different levels of security. Some act like everyday spending accounts and are comparable to a traditional leather wallet, while others tout military-grade protections. The...

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