In our “ICO” section, we cover news and insights about Initial Coin Offerings and other crypto fundraising models. Here you will find information about new token launches, project announcements, and the mechanics behind blockchain-based fundraising. Read the “ICO” section on ForkNews to stay informed about emerging crypto projects and token sales.
The Hungarian company Ajax Software LLC announced the launch of a cryptocurrency for the investment migration industry. The coin was called Citizenship or “Citizenship Coin”, or CTZ.
The Korean M&A hub said Thursday it is launching a proprietary financial service, ESC Lock, designed to protect investors from the colossal losses they could suffer in initial coin offerings.
The US Department of Justice in a press release announced the arrest of Raymond Trapani, the third co-founder of the crypto startup Centra Tech. Thus, all three founders of the project, during which $32 million were collected during the ICO, have been charged with conducting a fraudulent token sale.
The closed pre-sale of Gram tokens to Telegram LLC raised a total amount of $1.7 billion, exceeding the planned investment level by $500 million. This result allows Telegram to avoid further holding a public ICO and avoid the risks associated with its implementation. That is, users of the messenger who were already looking forward to purchasing tokens of a project doomed to success can only lick their lips.
Thanks to its innovative technologies, SenseTime maintains its leadership position in areas such as facial and image recognition, autonomous driving, and medical imaging. Next up is the launch of a new project, Viper, a platform for monitoring the flow of people, which can analyze data from thousands of cameras in real time.
A subsidiary of Overstock, a major online trading company, has unveiled a prototype trading platform for tokens.
The development team of the Ubank mobile application is launching the sale of tokens for a new ecosystem called Ubcoin Market, whose participants will be able to buy and sell real goods for cryptocurrency. The token sale is listed and approved by foundico.com, icobazaar.com and other platforms. During pre-sales, the project managed to raise more than a million dollars.
MailChimp, an American company and Internet service of the same name, one of the leaders in email marketing, has begun blocking advertising for cryptocurrencies and ICOs. MailChimp helps clients create automated, targeted emails and promotional campaigns to personalize their marketing. It is one of the top five email marketing platforms.
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