According to the company's whitepaper, 90 % of the funds
raised via token sale will go toward acquiring high - yield real estate.
Not exact matches
The total amount
raised by startups
via ICOs, which are known as
token sales and involve the
sale of newly minted crypto coins based on Ethereum, reached nearly $ 800 million in value during the three - month period, according to a report from crypto industry news site CoinDesk.
Now, having accomplished its primary objective, and still 15 days to go for the end of the
token sale, the team is
raising more funds in order to reach newly introduced extended goals and add exciting new features to the game, like player vs player and user - generated tournaments
via smart contracts.
Launched in 2013 by Russian brothers Pavel and Nikolai Durov, Telegram announced in January that it intended to
raise $ 1.2 billion
via a
sale of its own
token known as «grams.»
«My concern as an investor is focus and diluted effort,» he said, since the TON aims to disrupt the same areas as several other blockchain startups that have also recently
raised funds
via token sales.
Instead, the notice provides generalized advice to those contemplating
raising capital
via a
token sale or creating a cryptocurrency investment fund, and invites such businesses to reach out to local securities regulatory authorities to discuss ways in which to comply with Canadian securities law.
So far in 2018, Telegram's rumored initial coin offering (ICO) has been the talk of the industry - a remarkable feat given the global messaging platform's executives have yet to utter those three letters together or confirm the company is, in fact,
raising money
via a
sale of
tokens called «grams.»
Launched in 2013 by Russian brothers Pavel and Nikolai Durov, Telegram announced in January that it intended to
raise $ 1.2 billion
via a
sale of its own
token known as «grams.»
Listed below are some unique projects that have
raised funding
via an ICO or plan to hold a
token sale in the near future:
ICOs mirror initial public offerings by allowing companies to
raise money
via Ethereum - based
token sales.
Debuted at the Money2020 conference in Las Vegas, the ICO will be facilitated
via the
sale of Simple Agreements for Future
Tokens (SAFTs), a model that was previously used in
token sales like the one for filecoin, which
raised more than $ 200 million.
To achieve its goal, the Ovato team calculated that it needed to
raise $ 30.35 million
via a public
token sale event, which already started on February 28 with its pre-
sale period.
In September, Chinese regulators closed in on firms and individuals
raising funds
via token sales.
Back in February, the company announced that it had
raised a whopping $ 850 million in the first round itself making it as the largest fundraising
via token sale till date.
In July 2017, they held a
token sale via Cross Coin,
raising $ 5 million from the cryptocurrency markets for investment in Starta Accelerator projects in less than a day.
The news that China's regulators will prevent Chinese entrepreneurs from
raising funds
via token sales is likely to bring further focus on this sector in other jurisdictions.
The
sale, which is available exclusively
via SaftLaunch, is open to KYC / AML - accredited investors who want to invest in the
token raise ahead of the public
sale.
TenX, which
raised $ 80 million during its
token sale, declined to comment
via a spokesperson and so did Kik, which
raised $ 98 million in its Kin
token sale.