Bitcoin finally hit the mainstream, initial
coin offerings raised over $ 4 billion for blockchain startups and cryptocurrencies have become the talk of the town as mass media coverage of bitcoin has become a daily occurrence and bitcoin exchanges are experiencing a surge in new user sign - ups.
In the first half of the year, initial
coin offerings raised more than $ 1 billion for blockchain - based projects — many of which consist of little more than a white paper.
Aurora Labs S.A., a Panama based company, has completed their initial
coin offering raising over $ 6 million.
Not exact matches
Having recently successfully
raised more than $ 1.5 million in 90 minutes during its pre-initial
coin offering (ICO) sale in late August, the company is a step closer in its bid to bring back the trust between consumers and merchants.
Bitcoin - related startups
raised $ 343 million from venture capitalists in the first half of 2017, according to CB Insights, and more than $ 2.2 billion from all sorts of investors so far this year through so - called ICOs, or «initial
coin offerings,» according to CoinSchedule.
More than 10 percent of $ 3.7 billion
raised in
coin sales known as initial
coin offerings has been lost or stolen, accounting giant Ernst & Young says.
Business Insider first reported that the messaging app operator, which is a darling of the crypto world, was trying to
raise $ 600 million in a private sale before its public initial
coin offering.
For the uninitiated, an initial
coin offering (ICO) is an increasingly fashionable way for companies to circumvent traditional venture capital and
raise funds.
TZero is set to begin its initial
coin offering on Monday and plans to
raise $ 500 million.
This contributor envisions initial
coin offerings as the focus in 2918 of companies looking for a new fund -
raising vehicle.
One point to keep an eye on: Clayton warned entrepreneurs against «initial
coin offerings,» recent fundraising phenomena that founders have used to
raise billions of dollars through the sale of digital tokens.
Startups working on digital currencies like Bitcoin and the related blockchain technology have
raised $ 1.3 billion in traditional venture capital since the start of 2017, but $ 4.5 billion via more controversial initial
coin offerings, TechCrunch reported.
The Securities and Exchange Commission shut down an effort by restaurant review startup Munchee to
raise capital via digital currency, a.k.a. an initial
coin offering, saying the deal constitutes the unregistered sale of securities.
Initial
coin offerings, or ICOs, have
raised over $ 3.2 billion so far in 2017, up from almost nothing in 2016.
Renren is looking to
raise funds through an initial
coin offering (ICO), according to a white paper released Tuesday.
Initial
coin offerings, often referred to as ICOs, are used as a means by some companies to
raise funds.
About half of this year's roughly $ 1.2 billion in initial
coin offerings was
raised in the last month alone, according to a July report from financial research firm Autonomous NEXT.
An initial
coin offering is a way for blockchain - based projects to
raise funds, while allowing investors to own part of it through a digital network token.
This means covering stories of the moment such as the boom in cryptocurrencies like Bitcoin, and the «initial
coin offering» craze that has enabled firms to
raise more than $ 1 billion in 2017 alone.
And in late January, the SEC halted and froze the assets of AriseBank, which claimed to have
raised $ 600 million in the largest initial
coin offering to date.
The project has
raised nearly $ 15 million in an initial
coin offering fundraiser, which ends next week.
Mentions of «cryptocurrency» (digital currencies not tied to any country's legal tender) and related terms including «bitcoin» and «ethereum» (the two most popular cryptocurrencies), «blockchain» (the technology underlying these currencies), and «initial
coin offering» (or ICO, which lets companies
raise capital through the creation of a new cryptocurrency) have skyrocketed over the last seven years, according to data from Sentieo, a financial research firm.
Hundreds of projects have collectively
raised more than a billion dollars through «initial
coin offerings» (ICOs).
When initial
coin offerings emerged as a new way for startups to
raise money a few months ago, there was much speculation — and some doubt — about whether the cryptocurrency crowdfunding method could disrupt or even replace the traditional venture capital industry.
On Wednesday, a startup called Brave launched a
coin offering to fund a new web browser and
raised the equivalent of $ 35 million in about 30 seconds, according to CoinDesk.
China's move last week to ban initial
coin offerings (ICO) has caused chaos among start - ups looking to
raise money through the novel fund -
raising scheme, prompting halts, about - turns and re-thinks.
Sales of new digital
coins, called initial
coin offerings or ICOs, have
raised more than $ 4 billion in sales of new digital
coins for projects based on the same blockchain technology behind bitcoin.
Hundreds of companies have
raised more than $ 3.2 billion through initial
coin offerings this year, according to CoinSchedule.com, which tracks ICOs.
Initial
coin offerings, a cryptocurrency - based twist on the initial public
offering fundraising process, have
raised more than $ 3 billion by some estimates.
A cryptocurrency startup scrubbed the internet of its website and social media accounts after
raising $ 375,000 through an initial
coin offering.
I believe that initial
coin offerings — whether they represent
offerings of securities or not — can be effective ways for entrepreneurs and others to
raise funding, including for innovative projects.
Coinciding with the substantial growth in cryptocurrencies, companies and individuals increasingly have been using initial
coin offerings to
raise capital for their businesses and projects.
Now he's trying to
raise even more money from accredited investors before the
coin gets
offered to the public in a secretive second presale.
The Securities and Exchange Commission late last month issued its first warning for the many entrepreneurs who have been
raising money by creating and selling their own virtual currencies in what are called initial
coin offerings.
It's been reported earlier this week that Yassin Hankir, CEO of German - based startup Savedroid, took off with the $ 50 million
raised in its initial
coin offering.
The chat app Telegram hopes to
raise up to $ 1.2 billion in an initial
coin offering (ICO), according to Business Insider.
Telegram's «secretive» next phase of its initial
coin offering (ICO) will
raise $ 1.15 billion for the chat platform, according to
offering documents seen by Quartz.
July was the biggest month for
coin offerings, with 34 projects
raising $ 665 million, Tokendata.io data shows — or twice as much money as was
raised in the first five months of the year combined.
About a tenth of the funds
raised via initial
coin offering (ICO) have been lost or stolen, according to a new report published by big - five consulting...
The tech industry is opening its eyes to the possibilities of
raising money using cryptocurrencies like bitcoin and Ethereum through «initial
coin offerings,» and it's about to see the first ICO from a major venture - backed company.
The company
raised millions from investors in an initial
coin offering last year, with backing from the boxing great Floyd Mayweather.
Bezop is a new cryptocurrency that launched at the end of last year, and whose team recently held an initial
coin offering (ICO) to
raise money to create a network of blockchain - powered e-commerce stores.
Cloud services firm Storj is generally agreed to be one of the more successful initial
coin offerings to date having
raised $ 30 million from its Storjcoin thus far.
Worried over risks of speculative trading, in September South Korea banned initial
coin offerings, or
raising money through bitcoin or other virtual currencies.
In 2016 blockchain companies
raised $ 400 million from traditional venture investors and nearly $ 200 million through what we call initial
coin offerings (ICO rather than IPO).
Indiegogo, the popular crowdfunding platform that has
raised more money than all but one of its competitors since its 2007 debut, has announced its entry into the world of token
offerings, also known as initial
coin offerings (ICOs).
The technology behind Bitcoin, called blockchain, is fueling tech startups to
raise money through initial
coin offerings (ICOs) to fund their projects.
After
raising $ 1.7 billion in private token sales, Telegram has officially announced that it will be forgoing its public
coin offering, but this move could be a sign of things to come
Startup Winding Tree launched its initial
coin offering Feb. 1 in an effort to
raise $ 10 million to continue developing a blockchain - based travel distribution platform that aims to disrupt traditional distribution models.
Predictive analytics specialist Endor has
raised $ 45 million in an initial
coin offering that was launched just last month.