Cryptoeats Disappears After Raising £500K From Token Sale

Cryptoeats Disappears After Raising £500K From Token Sale

Cryptoeats, a company that reportedly raised 8 million in a Series A funding round to build a crypto-based Ubereats alternative, disappeared after launching its token. According to estimations, the startup might have taken more than £500K from investors after the launch of its official token dubbed “eats.” The alleged scam was promoted by UK influencers and manufactured related apparel, and even hosting a launching party in London. Cryptoeats Initiative Vanishes After Token Launch Cryptoeats, a company that proposed to build a crypto-based Ubereats alternative,....


Related News

Video game legend Atari seeks public token sale in November

The token sale could take as little as 1 second, according to the Atari CEO. Atari will conduct a public token offering on Bitcoin.com in early November. As soon as the offering is complete, the ERC20-based AtariToken will become available for trading on the Bitcoin.com exchange. While the precise details of the token sale are yet to be announced, Atari CEO Fred Chesnais told Cointelegraph that he believed the token sale could take as little as 1 second:“It depends. It could be 1 second, could be 1 hour. It depends on the amount you set as a hard cap and how much you are raising. So I....

Ark Invest CEO Reaffirms $500K BTC Price Prediction, Says Bitcoin Is in ‘Capi...

The CEO of Ark Investment Management (Ark Invest), Cathie Wood, still predicts that the price of bitcoin will be $500K. She says that all indicators “are all suggesting that we are in a capitulation phase, which is a really great time to buy, no matter what the asset is.” Ark Sees Bitcoin Reaching $500K Ark Invest CEO Cathie Wood has shared her view about the current bitcoin market and her prediction of where the price of the cryptocurrency will rise to in an interview with Bloomberg Wednesday. Wood has previously predicted that the price of bitcoin will increase to $500K. With....

Spells of Genesis Token Sale Aims for Extended Crowdfunding Goals

Spells of Genesis (SoG) is a new blockchain-based trading card/arcade game that has managed to gather more Bitcoin enthusiasts than any other game. The upcoming game, made by swiss-based EverdreamSoft, is said to be integrating Bitcoin and blockchain technology within the game. SoG has been in full development, and the team already released a playable beta version. The token sale started in early August, and in a few days reached its main funding objective. Unexpectedly, the team reached its objective and is now ready to implement extended goals. The token sale began early in August, with....

Cadalabs Project announce CALA Token Pre-Sale After Raising 1 Million Dollars...

Cadalabs is a relatively new project built on Cardano Ecosystem with a focus on Exchange and Transfer of NFTs, Cryptocollectibles and other digital contents. Cadalabs concluded its private token sale to well-known crypto Investors and institutions including DuckDao, MoonWhale and top venture capitalists. CADALABS Protocol raised a total of 1 million dollars from the private […]

Charlie Shrem’s Private Equity Platform to Hold Crowdsale Capped at $25 Million

Mainstreet Investments will hold a crowdsale of 50 million tokens on Jan. 15, 2017 to March 15, 2017, capped at $25 million. An initial token offering memorandum outlines the sale’s goals and objectives according to Intellisys Capital, the fund’s manager and general partner. The fund, led by Intellisys’ Chief Executive Officer Jason Granger and Charlie Shrem, the company’s chief technology officer, will try to change the way investment can occur through the use of blockchain technology. Raising The Bar. “We want to be as upfront and transparent as possible about the token offering and what....