Author: Angel

ICO Hard Cap vs. Soft Cap

The evaluation of an Initial Coin Offering includes many factors. Every potential investor should go through the statistical information before considering a purchase. Many of us may not be aware of the difference of Hard Cap and Soft Cap, but there is a major distinction between capped ICOs and uncapped ICOs. ICO Hard Cap The Hard cap of an ICO means the maximum amount of capital that it aims to gather. Most of the active and upcoming cryptocurrency projects set the hard cap very high. Most of the set hard caps are unlikely to be reached.The hard cap is...

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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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