During the "gold rush" the main profits were distributed between sellers of shovels, picks and wheelbarrows. During the boom placements on digital exchanges - those who serve this infrastructure. Russians are among the leaders of this segment of the market.
ICO (Initial Coin Offerings) - Internet analogue of IPO: instead of shares of the company, tokens are issued - digital tokens. The release occurs on a specialized block-platform, for example Waves or Ethereum. Blocking is a chain of transactions built according to certain rules. Information in the chains can be rechecked, but can not be changed. Investors - platform users - buy tokens, paying for them with crypto currency - bitcoins or ethers, for example. Anyone can raise funds using ICO - the main thing is that the concept is liked by users. The value of the tokens is not guaranteed by anyone other than the company that issued them.
The tenth part of the Ethereum crypto currency invested in the ICO was stolen by fraudsters who used phishing sites and social network accounts for this. The amount of cyber-theft is already approaching the amount of funds stolen by the usual way. Participation in the initial placement of the tokens (Initial Coin Offering - ICO) on the Ethereum blockbuster platform (crypto currency ether) assumes that in one of ten cases a participant will become a victim of fraud. This is reported by Bloomberg.
The American actress, singer and model Paris Hilton announced her participation in the initial deployment of tokens (ICO) of the Singapore project Lydian. Hilton wrote about this on her Twitter. "I'm looking forward to participating in the new Lydian project," she wrote.
Crypto-currency investor Roger Ver (Roger Ver) has put $ 4 million on the fact that coins in the SegWit2x blockchain after November's hard-core will cost more than in Bitcoin's original blockchain.
Now it's hard to remember the times when the bitcoin community was not involved in the debate about how to properly scale Bitcoin. These discussions took a variety of forms, but at the moment, their focus was the disagreement between the supporters of SegWit2x and Bitcoin Core. The verbal skirmish and the fight of hasheds began shortly after the New York agreement was signed, and they become more acute as November approaches, which is planned for SegWit2x
Charles Hoskinson, one of the first developers of the Ethereum, left the team of Vitalik Buterin before the start of the blockchain, and his company IOHK launched their own blockchain Cardano. Already four days after the launch, ADA's capitalization, the internal token of Cardano, exceeded half a billion dollars at a daily trading volume of $ 100 million. The capitalization of ADA did not come from scratch. Since the beginning of 2017, the project has conducted a series of ICO, or, in the terminology of the team, sales of vouchers, collecting a total of 108,844.5 Bitcoins, which is the same half a billion. Almost the entire amount of collected funds is of Asian origin - according to the audit report, these are investors from Japan, Korea, China, Thailand, Malaysia, the Philippines, Taiwan and Vietnam.
As they say - money does not smell, especially virtual. In the Wall Street Journal there was news that the banking giant Goldman Sachs, working on a solution that would allow its investors to trade Bitcoin directly. Such a decision will make Goldman Sachs the leading company of Wall Street, which allows its investors to gain access to the rapidly growing market of crypto currency.
Last week, the Japanese government and its financial regulator, the Financial Services Agency (FSA), officially authorized and licensed the work of 11 crypto-currency exchanges, including BitFlyer, the country's largest trading platform with more than 800,000 users. In a statement, Yuzo Kano, president of BitFlyer, noted that the regulation of the currency exchange and investors by the Japanese government will allow the country's crypto-currency market to become one of the leading positions in the field of trade, development and innovation.
The founder of the NEO platform, which recently announced the return of funds to investors in connection with the banning of ICO in China, Da Hongfei was a guest guest, along with Patrick Dai, developer of QTUM, on the Unchained podcast, organized by Laura Shin Shin), the editor-in-chief of Forbes. The main topic of the discussion was the recent events in China and their potential impact on the crypto-currencies and the development of the blockbuster.
A new White Paper has been published with a detailed description explaining the potential transformation of the protocol for the initial sale of coins (ICO). The draft protocol, whose aspiration to create a "balance" between closed and untested sales of tokens, is represented by the joint efforts of the founder of the Ethereum Vitalik Buterin and the developer Jason Teutsch, who is the creator of the project to scale up the TrueBit smart contracts.
Initial Coin Offering - the initial placement of coins (tokens). During the ICO, the project team sells digital tokens for crypto-currencies or fiat money to investors. Later, these coins can be used on the project platform as an internal currency or trade them on exchanges. Also, instead of ICO, the term "crowdsdale" (English - crowdsale) is often used.