News on Initial Coin Offerings

BnkToTheFuture $30 million raised in pre-sale

BnkToTheFuture: $30 million raised in pre-sale

The BnkToTheFuture, a financial technology investment company had managed to raise $30 million through the presale. The company targeted completely on institutional investors. The tokens will entitle the users to ‘get access to the multi-tiered membership’. The CEO of the company said, “The ICO boom proved that there is a huge appetite to allocate funds to blockchain technology when a liquid secondary market exists.”  


Crypto N’ Kafe announces Pre-ICO token-sale

The decentralized platform powered by blockchain technology, Crypto N’ Kafe is set to be launched by the Cryptocurrency & Commodity Solutions. The project is aimed to provide benefits to small-scale farmers, trades and retailers. The pre-ICO is said to begin from 18th January with 25-35% bonus and the ICO is dated 4th February. The target is to issue 51,000,000 CNK tokens and 51,000 ETH.


Symmetry Fund to ease investors’ confusion

Swings with its ICO! The Symmetry Fund aiming to generate revenue through various cryptocurrency trades began its ICO on 10th December, 2017 which will take place till 10th February, 2018. The second round is said to begin from 10th February. The company is aimed at establishing a trading platform like mutual funds for investors to invest in cryptocurrencies that would aid investors unaware of the crypto investment structure.


Etherbanking: The successful cryptocurrency lender began its ICO

Etherbanking, the first automated banking application is desired to establish a proficient system that benefits from the Ethereum blockchain. It had started its ICO targeted to issue 5 million EBC tokens at $10 each.


Betrium: Pre-ICO with 25% discount

The Betrium will launch Pre-ICO from 22nd January on 25% discount which will end on 14th February this year.  The estimated initial token price for the Pre-ICO is at 6000 BTRM per ETH.


e-Chat unveils third token sale

The e-Chat has the secure platform for financial transactions. It invited the investors and users to invest in its third token sale. One of the major benefit is that it integrates major cryptocurrencies. Till date, the company had attained its estimated ICO target.


MoviePass to propose an ICO

Believing that cryptos have ‘legitimate appeal’ the CEO of MoviePass, Mitch Lowe exposed, “The exciting thing is that anytime you make a service available, you can use cryptocurrency”. The CEO of Helios and Matheson, the majority owner of MoviePass, commented over Blockchain and ICO plans emphasizing on SEC regulations and Blockchain technology that had been overlooked for over a year.


CVA issues ICO Code of Conduct

The Crypto Valley Association (CVA) thrown out an official code of conduct that will regulate the Initial Coin Offerings (ICO). The document contains specific codes for its members and another section details on its goals and ideals. The president of the CVA, Oliver Bussman stressed that adhering to the Code, “we can ensure a streamlines and concise process for ICOs”.


Mobius ICO Pre-sale concluded

The Mobius Network ended its $35 million pre-sale tokens. It is revealed that the company fetched $10 million more than estimated MOBI token sale. About 32,000 applicants registered to participate in the pre-sale. The ICO is to be launched on 18th January, 2018 through which the company aspires to sell 7.5 million tokens.


Telegram Pre-ICO to raise $500 million

Telegram targets to raise $500 million through its Pre-ICO. The set target is said to be met by a series of private presales. The launch of wallet has been set for fourth quarter of this year. The Telegram Open Network (TON) will use tokens to carry out internal user payments which would drive nearly 3 to 5 billion through public distribution.