The Bitcademy has revealed that it had registered itself in Estonia aiming to introduce an Initial Coin Offering in December 2018. Estonia has been acknowledged as the hub of tokenized platforms supporting over 1,000 ICO projects. The company is aimed at revolutionizing the football industry where the token holders would be able to fund the players.
The ICO projects in Israel have raised nearly $600 million during the third quarter of 2018, the report released by One Alpha has revealed. The report stated that nearly 140 blockchain firms raised $1.3 billion investments of which 60% of the companies and 88% of the funds are connected to ICOs.
The U.K. based Investx platform has declared the opening of its token sale. Reportedly, the ICO would be adapting to ‘ethical ICO’ principles. The INX tokens are to be issued on the pre-token sale. The COO of the company stated, “Our ICO will allow us to provide equity investment for smaller businesses to ensure they can grow and thrive.”
After successfully raising $5 million, the Bidooh has announced the launch of its ICO for the issuance of DOOH token. The co-founder and CEO of the company, Abdul Alim stated, “We have been delighted by the interest in Bidooh since the launch of our token pre-sale.” The tokens of the company have got support from various digital exchanges.
A Cyprus-based multi-asset broker, IronFX has successfully raised $22.3 million in a recent private sale as announced in its Telegram group. A Cryptocurrency exchange is being established in partnership with a company behind the Cardano, EmurgoHK Group. According to the report, the cryptocurrency exchange of IronX is expected to be launched by December 2018.
The blockchain company, ChromaWay has managed to raise $15 million through the private sale of Chroma tokens. The company is to use the capital money for building Chromapolis, a database-centric decentralized application oriented platform. The Chromapolis would be developed on Postchain which is a combination of SQL database and security conferring private blockchain.
The Rigoblock, a blockchain protocol for decentralized asset management, has declared the commencement of the public token sake for its GRG token. The sale would be processed by Rigo Investment Limited in compliance with the standards of Know Your Customer (KYC) and the Anti-Money Laundering (AML) processes. Reportedly, 1,500,000 tokens are to be distributed during the sale.
The Caspian has ended its public round of token sale with the accumulation of $19.5 million in funds through the private-public sale. The participants of the token sale were from the UK, Canada, Singapore, Hong Kong, South Korea, Italy, and Switzerland. Presale investments were received from Blockstars, Global Advisors, OSL, and Galaxy Digital.
Swissquote has declared itself to be the first bank to provide purchase and custodial services concerning ICOs through its platform. The CEO of the company marked, “Combining crowdfunding with the blockchain creates a new form of fundraising.” The services would be functioning through the tokens held in the user account, while the bank holds it in a separate wallet.
Civil affirmed to refund the users who participated in the token sale since it did not meet the pre-set minimal requirement. Sale of its CVL tokens ended on 15th October and did not generate $8 million in funds. The company declared that the participants would be able to request for immediate refund or get the automatic refund on October 29th.