Sentences with phrase «cryptocurrency project sells»

An ICO (Initial coin offering) is a process in which a new cryptocurrency project sells part of its cryptocurrency tokens to early adopters and enthusiasts in exchange for money.

Not exact matches

BTCChina said its decision was based on a Sept. 4 directive from Chinese authorities that expressed concern over investment risks involved in cryptocurrencies and ordered a ban on so - called initial coin offerings, or ICOs — the practice of creating and selling digital currencies or tokens to investors to finance start - up projects.

This is a way to fund projects by creating and selling a new cryptocurrency.

Additionally, retail investors are keen on participating in ICOs, and open - source projects can benefit from the fundraising method too.Similarly, investors can benefit from the high liquidity of the tokens (sold during ICOs), in addition to being able to sell them through cryptocurrency exchanges or over-the-counter (OTC) transactions, which would allow the investors to transfer the tokens easily without the authorization of the token issuer (the organization launching the ICO).

Most of this activity caught attention from the regulators in the U.S. have been increasingly scrutinizing cryptocurrency projects that apparently sell unrealistic investment opportunities and promote themselves to investors over the internet.

In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin.

Over the weekend, various high - level security researchers and academic cryptographers gave cryptocurrency project IOTA a failing grade — exposing a critical weakness and suggesting investors sell their coins while asking researchers to ignore or abandon the project.

Crypterium, an open source cryptocurrency banking project focused on payments and loans, has sold their CRPT token to over 50,000 participants during their ongoing...

Initial Coin Offering - An initial coin offering (ICO) involves selling a newly created cryptocurrency or token to raise money for a startup, software project, or blockchain network.

BTCChina said its decision was based on a Sept. 4 directive from Chinese authorities that expressed concern over investment risks involved in cryptocurrencies and ordered a ban on so - called initial coin offerings, or ICOs — the practice of creating and selling digital currencies or tokens to investors to finance start - up projects.

The project uses the BTC or ETH to pay staff, or sell the cryptocurrency for fiat currency on a cryptocurrency exchange to fund the project.

ICO: An initial coin offering is a type of fundraising campaign where a high - tech project raises cryptocurrency by selling tokens, usually a new token unique to this project or startup.

B2Broker, a leading trading technology provider who offers comprehensive solutions for brokerage companies, has joined an expanding group of projects to partner with Bancor, the Smart Token cryptocurrency protocol, to maximize the trading liquidity of B2BX tokens sold as part of its successful token sale.

The Securities and Exchange Commission of the United States (SEC) has accused two founders of the Centra cryptocurrency project of organizing a fraudulent ICO, appropriating investors» funds and selling unregistered securities.

ICOs — where companies issue their own digital currencies or tokens structured like a cryptocurrency — were in most cases sold to investors, allowing startups to fund their projects.

Ethereum is often used for Initial Coin Offering projects, since it's helpful for creating one's own cryptocurrency to sell and kickstart a project.

In other cases too it is a company selling actual shares or assets in cryptocurrency for the purpose of raising money for a project.

According to representatives from Deloitte, EY, KPMG and PwC, both existing and prospective clients are beginning to ask questions about initial coin offerings (ICOs), the process by which public blockchain technologies can be leveraged to create custom cryptocurrencies that are subsequently sold to fund projects.

In an ICO campaign, a percentage of the cryptocurrency is sold to early supporters of the project in exchange for fiat currency or other cryptocurrencies, but usually for Bitcoin.

In an ICO campaign, a percentage of the cryptocurrency is sold to early supporters of the project in exchange for fiat currency or other cryptocurrencies, but usually for ETH as the majority of the coins are launched on ethereum blockchain as ERC - 20 coins.

The ICO project would sell a cryptocurrency backed by government municipal bonds said Berkeley city council member, Ben Bartlett.

About Ubcoin Market Ubcoin Market is a blockchain project developing a smart ecosystem for easily investing and exiting cryptocurrency by buying and selling goods and services.

In the meantime and up until that date, cryptocurrency creators make the final adjustments to their blockchains — which hopefully they have already checked and debugged thoroughly by the time they sell their project to the public.

At the outset of a project, the startup will sell a percentage of the total cryptocurrency, usually in exchange for other cryptocurrencies or USD.

A separate article outlines the legal framework for the Initial Token Offering procedure, which allows cryptocurrency startups to fund their projects by selling off portions of the future product.

An ICO, or Initial Coin Offering, is a new way to raise capital for all sorts of projects by selling a cryptocurrency.