Tag: Token

Mike Novogratz Accepts His Mistake of Missing Out On Telegram’s TON Token Sale

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Mike Novogratz said that despite Telegram approached him for the TON’s private token sale participation, he refused them multiple time due to his early skepticism about the project. Wall Street veteran and founder of the Galaxy Digital crypto merchants bank, Mike Novogratz, recently accepted that he missed out on the token sale of Telegram‘s TON cryptocurrency. During a recent interview with The Block, Novogratz spoke how he missed the opportunity of investing in the Telegram Open Network (TON). Messaging giant Telegram has been work for over a year on its…

Mike Novogratz Accepts His Mistake of Missing Out On Telegram’s TON Token Sale

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Wall Street veteran and founder of the Galaxy Digital crypto merchants bank, Mike Novogratz, recently accepted that he missed out on the token sale of Telegram‘s TON cryptocurrency. During a recent interview with The Block, Novogratz spoke how he missed the opportunity of investing in the Telegram Open Network (TON). Messaging giant Telegram has been work for over a year on its ambitious blockchain project which can see the light of the day anytime soon. In his interview, Novogratz said that Telegram tried to reach him out almost 15-20 times.…

LiquidApps’ Year-Long Token Sale Shows IEOs Aren’t the Only Way to Raise Funds

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While initial exchange offerings have been catching the limelight, one crypto project has been quietly yet successfully raising funds for months. LiquidApps, an EOS scaling solution, has earned commendation for its less FOMO-filled approach to fundraising. The second-layer blockchain project is believed to have raised $2.8 million so far, and was praised this week in a Coindesk editorial which noted: “LiquidApps has put out a much more real product than vastly larger ICOs that ended long ago.” That product has included the provision of resources to dApp developers who can’t…

SEC Charges Token Sale Platform For Illegal $14M Securities Offering

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The United States Securities and Exchange Commission (SEC) has sued ICOBox and its founder Nikolay Evdokimov for conducting an illegal securities offering and for acting as unregistered brokers. SEC says ICOBox’s digital tokens are worthless In a press release on Sept. 18, the SEC claimed that ICOBox and Evdokimov sold the firm’s ICO tokens to more than 2,000 investors in an unregistered coin offering in 2017. The SEC goes on to say that the defendants claimed that the tokens would increase in value upon trading and that ICO token holders…

Neufund Launches Blockchain-Driven Equity Token Sale for Retail Investors Out of Lichtenstein

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Berlin-based tokenised equity crowdfunding platform Neufund is releasing its first issuer to retail investors on their platform called Greyp, an electrical mobility platform backed by Porsche, Camel Group and T-mobile. It’s a sister company of Rimac Automobili, a car manufacturer founded by Croatian Entrepreneur Mate Rimac. The offering starts on September 16th, the investment terms can be found on the company’s listing page. advertisement Neufund, who claim they are the world’s first platform to launch a fully compliant retail public offering using Blockchain technology, is headed by Forbes Top 50…

Galatasaray Is the Latest Big-Name Football Club to Launch a Fan Token

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Turkish Football Club Galatasaray Spor Kulübü plans to launch Ethereum-based fan tokens in partnership with blockchain sports fan startup Socios based on sports tokenization platform Chiliz. Socios announces in a press release published on Sept. 16 that as a result of the partnership, The Lions (Aslanlar) — the only Turkish club to have won a major UEFA competition — will release its fan tokens on its platform. A blockchain sports platform Furthermore, the team will also be present on the firm’s blockchain-based, influence and rewards mobile app for football fans.…

Developer Reveals Token Reward Platform Fueled by Bitcoin Cash

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There’s a new crypto platform called Honeypoints that just released for beta testing on Apple’s Testflight. The digital currency application created by two former Bitcoin.com employees aims to fuel merchant adoption with loyalty rewards. The Honeypoints app is meant to stimulate retail acceptance by rewarding customers with unique crypto tokens when they make a purchase or show loyalty. Also Read: SLP Developers Publish Specs for a Unique Type of Non-Fungible Tokens Honeypoints: An SLP Token Reward Platform Built on the Bitcoin Cash Network Last week at the Try Swift conference…

Blockchain Startup Blockstack Raises a Whopping $23 Million In SEC-Qualified Reg A+ Token Offering

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More than 4,500 individuals and entities participated and ponied up more than USD$23  million in the first US Securities and Exchange Commission (SEC) qualified and regulated Regulation A+ token offering issued by Blockstack PBC (including both their SEC-qualified token offering and investors outside the United States made under Regulation S). advertisement Major investors include Union Square Ventures, Lux Capital, Recruit Holdings, Arrington XRP Capital, Hashkey Group, Fenbushi Capital, Frontier Ventures, Spartan Group, and various other funds. Blockstack PBC, a public benefit corporation at the heart of the Blockstack ecosystem, is…

Warner Music to Build Token on New Blockchain by CryptoKitties Creator

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Global media giant Warner Music Group will be creating digital assets using new public blockchain backed by CryptoKitties creator. Warner Music’s to create assets on Flow According to a Forbes report on Sept. 12, Warner Music has joined an $11.2 million investment in CryptoKitties creator Dapper Labs in order to collaborate on the deployment of the company’s new blockchain network called Flow as well as building tokens on top of it. While Warner has reportedly invested less than $1 million in the form of a convertible security, other contributors included…

Blockstack Raises $23 Million USD in First Regulated Token Offering

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Blockstack has raised $23 million USD in the first-ever token offering approved by the US Securities and Exchange Commission. Blocskstack PBC, which is a decentralized computing network aiming to antiquate data breaches and trust violations, first announced the token sale in July, having received SEC approval to raise up to $28 million USD in a Reg A+ compliant offering. The breakdown of the token offering consisted of $15.5 million USD raised through the sale of  74.3 million Stacks tokens through its Reg A+ sale in the US, and an additional…