Koinify to Stop Token Sales Ahead of Platform Pivot
Koinify has announced that it will no longer offer a token sales platform for decentralised applications (DApps). The startup indicated that it would "provide assistance" to startups already slated to sell their software tokens on the service, including the decentralised prediction market Augur and the blockchain-based trading card game Spells of Genesis. Koinify declined to elaborate on the transition in interview and in its official release, though CEO Tom Ding hinted that the company's platform could remain somewhat similar with its technology being applied to a "broader market". Ding....
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Clef, the two-factor authentication service from the future, has partnered with crypto crowdfunding platform, Koinify, as it expands its security offering into the Bitcoin world. When deciding to go with a two-factor authentication service, Koinify chose Clef because “its a fresh new solution to the 2FA problem,” stated Tom Kysar, Community Lead at Koinify. Providing users with a stronger peace of mind regarding the security of their tokens and account is a top priority for the app funding platform. Although Clef’s integration has only been active for a short time, the team at Koinify....
Decentralized crowdfunding platform Koinify announced today that they have brought aboard both Vinny Lingham aboard, where they will be taking advisory roles. Vinny Lingham is, of course, the CEO of Gyft - a service that allows consumers to easily purchase gift cards to their favorite stores online. Gyft is highly regarded in the cryptocurrency community, as they accept bitcoin payments. Lingham will be serving on Koinify's advisory board. "Vinny is one of the best entrepreneurs I know, especially when it comes to bootstrapping a startup and creating a product people love. We are....
Koinify has raised $1 million to further develop its decentralized application crowdfunding platform. The platform will enable the creation of smart corporations - also known as decentralized autonomous corporations (DACs) - and decentralized applications (DApps). Upon launch, investors will be able to use Koinify to buy tokens associated with various projects using bitcoin. The round included participants such as IDG Capital Partners, Brock Pierce's AngelList syndicate and zPark Ventures. With the new round completed, the company has raised roughly $1.4m to date, including seed funding....
Decentralized crowdfunding platform Koinify has raised a whopping $1 million from IDG Capital Partners, zPark Ventures, Bitcoin Foundation board member Brock Pierce and his AngelList syndicate, along with Danhua Ventures. The funding, in combination with a previous seed investment, brings Koinify's total funding raised to $1.4 million. "Right model. Right time. Tom Ding is a star," said Brock Pierce, referring to Koinify's CEO. "This additional funding round signals excitement and interest from the investment community in the new wave of the decentralized economy revolution," Ding said.....
Factom has raised 579 BTC, or roughly $140,000, through the first day of its crowdsale. The blockchain-based record-keeping network launched its crowdsale yesterday at 17:00 UTC on decentralized application platform Koinify, offering 2,000 Factoid tokens (FACTs) for every 1 BTC pledged by prospective users. The pricing values Factoids at the same initial asking price as Ethers, the token sold during decentralized publishing platform Ethereum's 2014 crowdsale that eventually garnered upwards of $12.7m. Factom Foundation board chairman David Johnston pointed to the fact that the project had....