News on Initial Coin Offerings

SingularityNET rises by ICO

Completely trading out its native AGI tokens, SingularityNET raised $36 million in just 60 seconds by Initial Coin Offerings (ICO). The company noted oversubscription and revealed that 20,000 people participated seeking to buy $361 million worth tokens. The company targets to establish a decentralized marketplace of Artificial Intelligence (AIs).

Mimblewimble’s fund-raising campaign

The Grin, the software developers behind the Mimblewimble technology solicits its fund-raising campaign for their project. The Grin taps for $30,000 in Bitcoin market.  Instead of raising funds through Initial Coin Offerings (ICO), they direct the contributors invest in already existing cryptocurrencies.

The fundraiser campaign is proposed to aid year’s work of the most active contributor to the project, developer Michael Cordner. BlockCypher, a Bitcoin Technology company, nodded to donate to the effort.

The developers of Mimblewimble are gearing up to add features such as aggregate signatures to its bitcoin. ‘Grin’ also unveiled a privacy technology to its blockchain titled Bulletproofs.