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.
According to an early version of the LoopX website, which is now inactive, at the beginning of this year the startup collected 276 BTC and 2446 ETH during 5 rounds of token sales, which is equal to $4.5 million. After the ICO, all information about LoopX disappeared from all possible sources.
Fintech company SwissBorg's ICO is seeing strong interest from Asian investors, who have purchased nearly 30 percent of the ICO to become members of the first blockchain-based cryptocurrency asset management community, according to company CEO Kurus Fasel.
This conclusion was reached by analysts from Ernst & Young, who analyzed about four hundred examples of initial placement of tokens over the last three years.
The Israel Tax Authority plans to receive taxes from ICOs starting in the near future. Moreover, not only issuers of the initial placement of tokens, but also investors are subject to taxation
Questions "What is an ICO? How to participate in it and what prospects exist for investors?" are asked more and more often, because not a day goes by without news about the launch of new tokens appearing.
If you have any questions about collaboration or interesting new proposals, please contact us at [email protected]
The ForkNews news portal is the ideal advertising platform for anyone involved in cryptocurrency. For advertising and PR inquiries, please contact us at [email protected]
Join us!
