Another day, another ICO. The total amount of investments raised by The DAO, Ethereum and Waves alone comprised nearly $195 million. However, most crypto fundraising campaigns still occur in legal vacuum. So why do crypto projects prefer the crypto-based way of raising funds over those traditional, like venture capital financing?
Last year we have seen a number of innovative blockchain projects popping up to push traditional technologies to their very limits. Cloud computing was one of the industries tackled. Golem and Elastic generated a lot of excitement within the community but as their development seemingly slowed down, a new project.
2016 has brought more drama in the world of cryptocurrencies: the rise and the fall of The DAO, Ethereum’s controversial hard fork and subsequent emergence of Ethereum Classic, and the attack on Bitfinex, among others. Certainly, all of us would like to know what’s on the table now.
In an exclusive interview, CEO and founder of Waves Sasha Ivanov told ForkLog about his vision of development of cryptocurrencies and blockchain; new emerging trends in fundraising; and gave a few valuable pieces of advice to anyone considering an ICO.
The team of InChain, a platform for risks insurance, failed to raise the required funds in its ICO, announcing it would repay the investors. All investors that had supported the project during the ICO will be reimbursed in full.
The Chronobank team has announced it is preparing for an ICO to be held December 2016. Those interested may sign up at the project’s website to learn terms and conditions of the crowdsale, and monitor its progress.
DECENT Software Sale, the decentralized content distribution platform’s ICO, has entered its last few days, and this means this week represents the last chance to join the digital revolution and build the true media of the future.
Wednesday, October 26th, InChain, a platform for insurance of cryptocurrency assets, launches its long-awaited ICO. The project aims at creating a decentralized blockchain-based platform offering insurance of customer risks and insurance bonds investments.