ICOs Are the Future Of Funding Says Co-Founder of Platform That Just Raised €2 Mln
Blockchain equity ‘bridging’ platform Neufund has announced it has raised €2 mln for its new startup funding tool. Neufund, which formed in Berlin in September 2016, is seeking to create a one-of-a-kind arena for securing investments for startups via tokens which are both tradable as currency and represent off-chain equity. Neufund’s co-founder Zoe Adamovicz said in a press release issued Wednesday: “This is completely new because it allows tokens to not only represent ownership in a Blockchain network but also equity in off-chain companies.” Sifting through the hype. The flood of....
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You may have missed it in 2016, but initial coin offerings, or ICOs, have become the dominant way to fund new cryptocurrency projects. In an ICO, a project sells part of the total token supply to early adopters in exchange for money with which to progress. ICOs have two primary benefits: they provide funding to the team to see the project through, and incentivize a community to contribute (who gain if the project succeeds and the tokens are worth more than they bought them for). Although 2016 witnessed a high number of ICOs, they are not a new phenomenon and some ICOs from earlier than....
Blockchain solutions provider AlphaPoint has announced it is expanding into the market for initial coin offerings, or ICOs. The startup revealed today that it is releasing an Asset Issuance and Custody toolkit that enables the creation of new tokens, utilizing protocols such as 'colored coins' (to build an ICO backed by bitcoin) or ERC-20 for ethereum-based launches. Akin to the firm's white-label exchange software service, the new product provides a host of pre- and post-launch services for ICOs, including the creation of block explorers, community reporting and integration support for....
Will blockchain technology disrupt venture capital? While not long ago that may have sound far-fetched, now more and more blockchain industry leaders are betting it could be a possibility. Blockchain token sales – sometimes known as initial coin offerings or 'ICOs' – raised over $100m in funding in 2016, and as participation in these events increases, so does interest in what was once a niche blockchain use case. Entrepreneurs are now seeking to leverage ICOs to quickly launch apps and gain users for software projects. At present, though, it still isn't clear if the funding method's full....
At CoinAgenda, OpenLedger CEO Ronny Boesing said his company is “taking ICOs mainstream” by opening pre-investment to 3 new funding projects, all of which are unrelated to the cryptocurrency market. Three Companies to Draw Attention to Blockchain Through OpenLedger ICOs. Boesing said that the three incoming ICOs will be fore Apptrade, Centz and Beyond the Void, all of which will reportedly attract institutional investors to the ICO funding method. “Apptrade, Centz, and Beyond the Void all show applications of blockchain technology to mainstream audiences,” Boesing said. “By accelerating....
Cryptocurrency crowdsales, or Initial Coin Offerings (ICO), can be a contentious subject. But there are a lot of ICOs on the crypto-landscape lately. Many exist on larger platforms, such as Bitshares and Ethereum. Crowdsales & ICOs Are Growing More Popular. Lately, in the cryptocurrency news cycle, all you hear about is some new ICO or crowdsale....