Sentences with phrase «raise funds for blockchain»

is proving a fine opportunity to raise the funds for the Blockchain based projects.

Disrupt Africa reported at the end of last year SureRemit had launched the ICO in a bid to raise funds for a blockchain - based remittance service.

It will not exaggerate to say that initial coin offering changing the landscape of information technology, and with the passage of time, it is proving one of the finest concepts to raise the fund for the Blockchain based projects.

Freemit CEO John Biggs issues his advice for raising funds for a blockchain startup during what's being heralded as a down year for investment.

Not exact matches

The firm is aiming to raise $ 500 million for a new fund focused on blockchain investments, Bloomberg reported.

Royal Kingdom coin is being issued to raise funds for Royal Kingdom Enterprise, a company that aims to help blockchain and cryptocurrency businesses set up shop in Dubai.

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.

Last quarter was the best quarter for blockchain and bitcoin VC funding on record, more than doubling the amount raised in the first quarter and up 89 % year over year, according to CBInsights.

Therefore he opted for an ICO as a mechanism to raise funds without getting outside investors into Telegram's shareholder capital,» Gregory Klumov, CEO of the government blockchain company Stasis, told Bloomberg.

«We're very grateful to the blockchain community and excited about this new opportunity to raise funds for our agency through cryptocurrency.»

Blockchain Capital, one of the industry's largest investors, recently announced that it would be raising money for its new fund by issuing tokens by ICO, a first for the industry.

The blockchain will offer new opportunities to our startups, for example with the Initial Coin Offerings (ICO) that will allow them to raise funds through «tokens.»»

ICOs generally happen when a new cryptocoin needs to be launched or a new blockchain - based project needs to take off; at such times, the raised funds are necessary for technical development.

Filecoin and Bancor raised more than $ 200 million and $ 150 million in the same year, respectively.The amount raised was revealed in an SEC notice of securities exemption, which also indicates that the firm aims to use the funds for «the development of the TON Blockchain, the development and maintenance of Telegram Messenger and the other purposes described in the offering materials.»

The demand for Ethers will always be on the rise for as long as it allows blockchain startups raise funds for their projects through the use of Smart Contracts in Initial Coin Offerings

Coinsilium became the first ever listed company funding blockchain technologies after raising # 2.7 m for its London IPO.

Clayton's testimony is pretty convenient timing for Harbor, a new blockchain technology company that just raised $ 10 million from an interesting group of investors, including Chicago - based Valor Equity Partners; the real estate tech - focused venture firm Fifth Wall Ventures; the Dubai venture firm Vy Capital; and Craft Ventures, a new venture fund created by serial entrepreneur David Sacks — who also helped incubate Harbor.

Applying Venture Funds metrics to Blockchain investment How to raise capital from the Family Office and Hedge Fund Communities 10 Common Capital Raising Mistakes Regulators do not regulate «technology» Developments in the Blockchain, DLT, and BitcoinLaws, Rules, Regulations for Title III & Initial Coin Offering (ICOs)

SINGAPORE and Hong Kong have become the up - and - coming destination for companies that want to raise funds using blockchain technology, as Beijing's recent...

Founded in early 2016, Maecenas is set to launch the world's first blockchain - powered investment platform for fine art, bringing together collectors who want to raise funds, and investors looking for exposure to the art market.

ICO Market and Industry In June 2017, the total funds raised by ICOs exceeded the amount that blockchain startups had raised from venture capital companies for the 12 months preceding it.

The company will raise the funds by launching its ICO for the development of its new and improved P2P financing platform that works on blockchain and smart contract technology.

Initial coin offerings (ICOs) are a way for developers of blockchain technology to raise development funds.

2017 saw the emergence of many ICO campaigns that were carried out to raise funds for a number of intuitive blockchain projects.

A new company called Polychain Capital has raised $ 10 million in capital for a hedge fund made up of cryptocurrencies such as bitcoin; The state of Global Blockchain Consortia; Non-profit advocacy group called the Blockchain Association of Ireland (BAI) will launch on Dec14; The Central Bank of Ireland recently granted Facebook Payments International Limited (FBPIL) an e-money license, which effectively allows Facebook to facilitate peer - to - peer payments on its platform; Bitgive Launches Blockchain Transparency Platform Givetrack; Dollar debt issuance soars as central banks take a back seat: BIS report;

Throughout 2017, the most favored way for funding Blockchain startups was through ICOs, with over 8 billion being raised to fund a variety of blockchain - related projects since JanBlockchain startups was through ICOs, with over 8 billion being raised to fund a variety of blockchain - related projects since Janblockchain - related projects since January 2017.

The funds raised during the ICO will be allocated to the development of full functionality of our platform, international marketing campaign, central office and representative offices establishment, mobile version of the platform creation, launching the Descrow on other blockchain platforms, formation and launch of initial reserve fund, integration of the Descrow solution into other crowdfunding platforms, the development of the specified DES blockchain for conducting ICOs enhanced by automated funds splitting mechanism powered by artificial intelligence and neural networks.

According to Yu Fang, the Chief Executive Officer of BitKan, a part of the $ 10 million that has been raised in this latest round of funding will be used for the development, operation and promotion of its key blockchain project, K Site.

South African Blockhain consultancy Ekasi - bucks has fallen far short of an ambitious target to raise R50 - million in an initial coin offering (ICO) to fund a Blockchain - based rewards programme for township residents that buy from certain affiliated township businesses.

Energi Mine — a Blockchain - based business that uses Deep Learning Artificial Intelligence models to streamline the energy procurement process — is to become the first UK business outside London to raise funds through a Token Sale, the new way for companies to raise money through cryptocurrency.

An initial coin offering, also known as an ICO, a token sale, a crowdsale or a token generation event, is a new form of funding that (predominantly) blockchain startups are using to raise capital for their venture.

Itireleng explained how she got involved with the blockchain space: «I learned about bitcoin in the beginning of 2012 when I was looking for ways to make money online to raise funds for my late son Pako.

ICO: stands for Initial Coin Offering; ICO is a preferred form of funding for blockchain startups because they can raise tens or hundreds of millions of dollars in the matter of a few minutes to a few days.

«Token sales in the Blockchain space have raised over $ 1.5 billion USD for innovative organizations; while many have detailed minimum viable products they have largely failed to highlight how funds are being used to further their project,» said Luis Cuende, Aragon Co-founder and Project Lead.

One of the biggest concerns raised has been the likelihood of organized criminals and terror cells using the anonymity offered by the blockchain technology to launder money or transfer funds for use in terror activities.

The idea was to raise funds for a portfolio of middle - market companies — and, later, blockchain startups — by issuing $ 25 million worth of tokens in an ICO.

The amount raised was revealed in an SEC notice of securities exemption, which also indicates that the firm aims to use the funds for «the development of the TON Blockchain, the development and maintenance of Telegram Messenger and the other purposes described in the offering materials.»

Not only has ethereum emerged as the principal platform for initial coin offerings (a process by which entrepreneurs working on blockchain projects sell a cryptographically scarce resource to raise funding), but major institutions including JP Morgan and Bank of America are developing projects on private versions of its software.

ICOs represent a newfangled way for ventures based on blockchain technology — shared ledgers that power cryptocurrencies — to raise funds and create their own miniature virtual economies.

Eloplay, the eSports platform that allows players to organize and participate in tournaments with decentralized prize pools, has announced its upcoming token sale to raise funds for the integration of additional blockchain - based features.

While blockchains make it easier than ever for entrepreneurs to raise funds (it's as simple as creating an ETH address and can be done without relying on any bank or any third party service), tokens should not be thought of as a funding mechanism first and there should be a clear purpose for the token (either as a usage token, a work token, or both).

One of the leading startups involved in blockchain based money transfers is Abra, which managed to raise $ 12 million in seed funding for its bitcoin - based remittance service.

Instant messaging service Telegram has raised $ 850 million in «purchase agreements for cryptocurrency» as part of a pre-sale funding round to develop its TON blockchain network, according to a U.S. securities notice.

The idea to presale coins of a token or cryptocurrency of a blockchain project has evolved in a super successful tool to raise funds for the development of a new application.

«Token sales in the blockchain space have raised over $ 1.5 billion USD for innovative organizations; while many have detailed minimum viable products they have largely failed to highlight how funds are being used to further their project.»

Jincor, blockchain - ecosystem for business interactions announces the start of pre-ICO campaign, in order to raise funds for further development of the platform and scaling of its services globally.

Blass raised concerns about how funds» would address issues when the blockchain for a digital currency diverges into different paths (a fork), possibly resulting in different cryptocurrencies with different prices.

ICOs are an excellent way for new companies in the digital currency space to raise money for funding their business operations and a way for investors to benefit from the success of a new blockchain startup.

Blockchain Capital recently raised $ 10 million for a venture capital fund, Blockchain Capital III Digital Liquid Venture Fund, LP, which it calls the first venture capital fund raised by a digital fund offerfund, Blockchain Capital III Digital Liquid Venture Fund, LP, which it calls the first venture capital fund raised by a digital fund offerFund, LP, which it calls the first venture capital fund raised by a digital fund offerfund raised by a digital fund offerfund offering.

Earlier this week, instant messaging service Telegram raised $ 850 million in «purchase agreements for cryptocurrency» as part of a pre-sale funding round to develop its TON blockchain network and digital asset.