ICO

News on Initial Coin Offerings

New Zealand’s First ICO Set to Launch on November 23rd

New Zealand’s First ICO Set to Launch on November 23rd

The first ICO in New Zealand is set to be launched from 23rd November 2018 to 23rd January 2019 by Coingrid. Coingrid has claimed themselves as the “NZ’s friendliest cryptocurrency exchange” and are expecting to receive $3 million in Ethereum from their ICO despite the strict rules imposed by the government.

Bitcademy gets recognition in Estonia for ICO

Bitcademy gets recognition in Estonia for ICO

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.

ICO projects in Israel generates $600 million

ICO projects in Israel generates $600 million

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.

Investx announces ‘Ethical ICO’

Investx announces ‘Ethical ICO’

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.”

Bidooh raises $5 million and announces ICO

Bidooh raises $5 million and announces ICO

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.

IronX Raises $22.3 Million in Private Sale

IronX Raises $22.3 Million in Private Sale

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.

ChromaWay raises $15 million on an ICO

ChromaWay raises $15 million on an ICO

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.

Rigoblock announces the public token sale

Rigoblock announces the public token sale

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.

Caspian raises $19.5 million through its token sales

Caspian raises $19.5 million through its token sales

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.

Users of Swissquote get access to ICOs

Users of Swissquote get access to ICOs

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.