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Initial Coin Offerings in the first half of 2018 have attracted nearly double the amount of funds raised last year, a new report reveals. Researchers point out, however, that the majority of ICOs have largely failed, with only a third of the projects closed successfully. According to the study, the US remains the major destination […]
The post Report: 2018 Token Sales Almost Double Last Year’s Results appeared first on Bitcoin News.
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Last summer, ICOs could do no wrong. But by 2018, the acronym had been relegated to the realm of the unmentionables, a place normally reserved for the most offensive cuss words and the name of Harry Potter’s antagonist, Voldemort. In many circles, “ICO” has become a dirty word. In its place has come a range […]
The post Six Alternatives to an Initial Coin Offering appeared first on Bitcoin News.
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A village in Japan has announced its decision to launch an initial coin offering in order to secure funds for creating a sustainable region. This will be the first time in Japan for a municipality to use a token sale to raise funds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Local Government Launching […]
The post This Village Decided to Launch Japan’s First Municipal ICO appeared first on Bitcoin News.
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Back in January 2015, Bitcoin developer Mike Hearn launched a BTC-powered crowdfunding application called Lighthouse, and cryptocurrency enthusiasts were very excited about beta version release. Following the launch, Mike Hearn had left the Bitcoin community because he predicted BTC was headed for serious scaling issues, and he was upset with the Core development team’s willingness […]
The post Mike Hearn’s Crowdfunding Project Has Been Resurrected — Meet Lighthouse.cash appeared first on Bitcoin News.
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The cryptocurrency based firm Circle announced it has raised $110Mn USD in a Series E fundraising round led by the Chinese firm Bitmain Technologies. Circle now joins Coinbase as one of the most well-funded cryptocurrency companies in the U.S., and the Boston-based firm has announced plans to issue a dollar-backed cryptocurrency called USD-C. Also read: Yahoo! […]
The post Circle Raises $110Mn With Plans to Launch USD-Backed Coin appeared first on Bitcoin News.
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Prior to the revolution of the World Wide Web, entrepreneurs with big dreams would have to jump through hoops to secure funding from venture capitalists or bank loans, and local community projects would have to source cash donations or government backing to achieve their goals. Crowdfunding at its core means enabling anyone with a computer and an idea, to see bring it into fruition. Fundraising is a lucrative industry and now, blockchain technologies are taking the market to new heights, as well as shoring up inefficiencies and risks posed by previous models.
The post PR: Acorn Collective – How the Blockchain Is Being Blended with Crowdfunding, and Making Staggering Results appeared first on Bitcoin News.
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In the U.S., more than 90 percent of startups “fail” their first year. There isn’t yet enough statistical data that ICOs fail more often than startups that raise through more traditional means. One needs to define what failure means – does it mean failure to get traction and deliver the product, or failure to raise funds? Amy Wan, Sagewise She has a valid point. When Vitalik Buterin comes out with shocking statements like “90 percent of ICOs will fail,” he’s actually not saying anything new. After all, if it were that easy to come up with a viable idea, getPowered by WPeMatico
Two countries have recently emerged as the new Meccas for token sales following bans in China and South Korea. The number of initial coin offerings in Singapore and Hong Kong has skyrocketed in recent months, as companies seek a favorable environment to raise funds outside their home countries. Also read: Yahoo! Japan Confirms Entrance Into the […]
The post Hong Kong and Singapore Emerge as New Meccas for Token Sales appeared first on Bitcoin News.
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The Thai government is concerned with the growing number of companies in Thailand racing to launch their initial coin offerings ahead of regulations. This has prompted the country’s regulators to hurry with the regulatory framework for token sales, ahead of cryptocurrency regulations. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten ICOs Growing in Popularity […]
The post Thai Regulators in Race With Growing Popularity of Token Sales appeared first on Bitcoin News.
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A system to guarantee the investments in initial coin offerings (ICO) is being built in Russia by Globex, a commercial bank subsidiary of the state-owned VEB bank, and the Russian Association of Cryptocurrency and Blockchain. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten System of Guarantees “The first system of guarantees for investments […]
The post System to Guarantee ICO Investments Being Built in Russia appeared first on Bitcoin News.
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