Sentences with phrase «new digital token»

Does the new digital token have any real - world applications or is it just being issued to raise funds?

In that sense, an ICO or very similar to a stock IPO, except for the fact that the new digital token does normally not constitute a share in the company and its value is only indirectly linked to the success of the company.

After that initial experiment, the company is betting that the time is now ripe to introduce a new digital token based on Ethereum, considering how far Ethereum has recently risen to become one of the hottest areas in all of financial tech.

The platform will make it possible for institutions to trade «Royal Mint Gold» or RMG, a new digital token that will be issued by the UK's coin issuer, The Royal Mint.

This is where a start - up issues a new digital token in exchange for money in order to raise funds.

Many people are buying into new digital tokens with the assumption that those virtual currencies will appreciate over time at levels similar to Bitcoin, or its rival Ether.

That means venture capital funds generally can't put much money in public stocks, hedge funds — or new digital tokens via SAFTs.

ICOs have become a hot new way for startups to raise money by offering new digital tokens in the cryptocurrency space, and according to Forbes, the method has pulled in over $ 2 billion in the first nine months of 2017.

Ravi Menon also did not shy away from talking about Initial coin Offerings (ICOs)-- a decentralised and unregulated way of fundraising by offering new digital tokens in exchange of Bitcoins.

The SEC last year made it the job of a new crypto - focused task force to examine new digital tokens that come to market, and they've stopped or spooked more than a handful of them so far that they've made public.

Not exact matches

And worries «that the prices of Bitcoin and other digital tokens have been artificially propped up by a widely used exchange called Bitfinex, which has a checkered history of hacks and opaque business practices,» the New York Times reported.

and a host of other startups, told Business Insider he took part in Kik's $ 50 million (# 39 million) token presale, where investors were given a chance to buy the messaging app's new digital currency «Kin» before the general public.

The company essentially invents a new digital currency or tradeable token and sells portions of that to investors in exchange for funds.

It doesn't take much to create and sell a new token so before you swap your dollars for some numbers in a digital wallet, you'll need to take a close look.

NEW FUNDING: CoinList, a San Francisco - based token sale platform which spun out of AngelList, raised $ 9.2 million in funding from investors including Polychain Capital, Blockchain Capital, Accomplice, FBG Capital, Libertus Capital, Digital Currency Group, and CoinFund.

That's the finding of a survey of more than 3,000 people conducted in mid-January by CoinDesk, a New York - based provider of price data, information and news about digital tokens.

The ICO is a new form of fundraising where, instead of a startup issuing its investors with shares, it gives them digital tokens that are sometimes connected with the new service they're trying to sell.

«Platforms that engage in the activity of a national securities exchange, regardless of whether that activity involves digital assets, tokens, or coins, must register with the SEC or operate pursuant to an exemption,» Marc Berger, director of the SEC's New York Regional Office, said in a statement.

They can reach anyone in the world,» said William Mougayar, author of «The Business Blockchain» and organizer of the Token Summit, a conference in New York this May about the digital coin business.

I barely made it past the turnstiles at last week's NYU Token Summit, a day devoted to those weird new digital assets that are all the rage in financial tech right now.

In case you haven't been keeping track, digital tokens are a new asset class, powered by cryptocurrency networks like Bitcoin and Ethereum.

This new clearing house, which requires approval from Canadian regulators, would allow companies to issue conventional equity and debt using a digital token representing a share in a business, also known as a tokenized security.

Analysts generally said the SEC's focus is less on bitcoin and more on new digital coins released through fundraisers known as token sales or initial coin offerings.

Earlier this month, the Merriam - Webster Dictionary added 850 new words and definitions to its online dictionary, including a number of words related to cyrptocurrencies, including the word «cryptocurrency» and the term «initial coin offering» (a sort of initial public offering for digital tokens).

Often these tokens are a sort of public IOU intended for redemption in a future new chain, or some other digital good.

The maturation of infrastructure and societal acceptance for digital currencies has set the stage for the next phase: internet - based crowdfunding of novel Bitcoin - like tokens for new applications.

New bank accounts receiving thousands of wires from all over the world in minutes for millions of dollars would likely be frozen, but a token sale paid in digital currency is always open for business.

That new model is here, and it's based on the idea of an appcoin or token: a scarce digital asset based on underlying technology inspired by Bitcoin.

U.S. prosecutors are scheduled to respond on March 19 to a Brooklyn man's motion to dismiss charges that he conspired to defraud buyers of two new crypto - currencies by falsely telling the investors that the digital tokens were backed by diamonds and real estate.

We'll ignore currency issues (including the jurisdiction of the CFTC over such things) for the moment, except insofar as New York's definition of virtual currency (which you need a license to move around) is very broadly construed and includes most «digital units of exchange» which could certainly include tokens.

An ICO typically involves selling a new digital currency at a discount — or a «token» — as part of a way for a company to raise money.

The Sapphire Coin will be released as a new crypto - currency token for global use and published into several selected digital exchanges.

Underpinned by blockchain and proprietary algorithms, Bibox's supports more than 35 tokens and 112 trading pairs, including Bitcoin, Ethereum and Tether, with AI selecting listings for new tokens on Bibox Digital Exchange Platform based on merit.

Our digital currency the Cryptyk Token (CTK) is the new crypto - currency for cyber-security and cloud storage.

An ICO is a new type of crowdfunding instrument where startup companies issue Blockchain - based digital tokens that can be used on their service.

In this week's digital currency update, we're going to look at quite a few major events, from how digital currency miners impact Wall Street to Coinbase's new plans to support ERC20 (Ethereum - based) tokens.

Some cryptocurrency courtesy correspondence experts disagree that digital banking wallet designations could chaperon in a new era; where tokens get categorized as presumably clean, tainted, or different with courtesy to their turn of organisation with SDN addresses.

disagree that digital banking wallet designations could chaperon in a new era; where tokens get categorized as presumably clean, tainted, or different with courtesy to their turn of organisation with SDN addresses.

The Cryptyk Token (CTK) is the new digital currency for cyber-security and cloud storage.

New cryptocurrency and digital asset exchange Binex.Trade will be introducing its own utility token that will allow its platform users to share in the revenue generated by crypto trading activities.

«BAT is a utility token for a new, blockchain - based digital advertising and services platform.

Exploring involves moving to the appropriate token on the board and then tapping its digital counterpart in the app, whereupon it will tell you what new tiles need to be put out, whether there are any monsters lurking etc..

I.e. would a smart contract that implicitly required the exchange of a financial token or digital currency, contravene the new rules on exchanges in China?

The new service being launched will allow immigrants all over the world with Remit tokens to purchase digital vouchers that are redeemable for goods and services directly from local merchants at their specified destinations.

Bitfinex, a digital asset trading platform that offers state - of - the - art services for digital currency traders and global liquidity providers, announced on Saturday the introduction of twelve new token listings to its trading platform.

In case you haven't been keeping track, digital tokens are a new asset class, powered by cryptocurrency networks like Bitcoin and Ethereum...

Like other digital currency startups, Armstrong has a certain company in mind when talking about its new Token product, and that's WeChat.

Also known as token sales, this new fundraising phenomenon is fuelled by a synergistic convergence of Blockchain technology, new wealth, clever entrepreneurs and crypto - investors backing Blockchain - fuelled ideas that are raising funds by creating their own cryptocurrencies and offering discounted rates on digital assets before they hit the cryptocurrency exchanges — sometimes up to 40 per cent.

Coinbase is supporting the Segwit2x hard fork, and is going to be referring to the new currency as a separate digital token from bitcoin.

If you wish to truly secure your Bitcoin and have full access to the new Segwit2x digital token, move your Bitcoin to an offline paper wallet, where you control the private keys solely and 100 %.