Article was originally published at CoinCentral. ICO. Three little letters. A lot of implications (and not all good ones). In fact, a lot of our associations with ICOs these days are negative. Scams, hacks, interesting ideas that don’t make it to the first line of code. The blockchain is responsible for some incredible discoveries, but […]
Tag: Ico’s
Regulating virtual currencies and ICOs
THE pattern is familiar. Computer geeks develop technology that threatens to overturn established markets and habits. Regulators then scramble to understand and tame the beast. This is what is happening in the financial world in the wake of an explosion of crypto-currencies. Over the past year the pool of virtual currencies has both deepened, from […]
Big Brother is tightening its grip on ICOs
Apple A recently released letter from the Treasury Department shows initial coin offerings will have to worry about more government oversights. The agency might go after participants in the ICO market retroactively. It looks like participants in the initial coin offering market will have to worry about more government oversight. A letter recently released from […]
20 ICOs to watch in March
GUEST: In an attempt to predict startup success from their inception, I and four of my colleagues at NYU developed an AI-powered engine and conducted a digital footprint analysis of more than 6,000 founders using data points such as educational background, employment history, entrepreneurial experience, and personality traits. Based on that training data, our algorithm […]
How pre-product ICOs kill companies
GUEST: If you’ve been following tech news in 2017, chances are you’ve heard quite a bit about the ICO phenomenon. According to a December report by PwC, at least 438 ICOs took place in 2017, raising over $ 4.6 billion. And the majority of those were done by startups that did not have a product […]
Betting on Bitcoin: Tim Draper talks ICOs and why Japan will be a winner
Bitcoin has definitely been one of the recurring buzzwords of 2017. Whether you’re a skeptic waiting for the so-called bubble to burst or a firm believer in the cryptocurrency’s potential, it’s there — everywhere. You can now even buy a Lamborghini for about 9 Bitcoins. Top venture capitalists also see its value. Tim Draper, who […]
Making sense of this year’s outrageous ICOs
GUEST: Initial coin offerings (ICOs) have raised a tremendous amount of capital in 2017. Filecoin raised $ 257 million. Tezos raised $ 232 million. Bancor raised $ 153 million. Status raised $ 108 million. And EOS raised $ 185 million in the first five days of a year-long ICO. These numbers seem absolutely absurd for […]
China bans ICOs, calls it ‘illegal fundraising’
(Reuters) – China on Monday banned individuals and organizations from raising funds through initial coin offerings (ICO), saying the practice constituted illegal fundraising. ICOs have become a bonanza for digital currency entrepreneurs, globally and in China, allowing them to raise large sums quickly by creating and selling digital “tokens” with no regulatory oversight. Individuals and […]
China is planning a crackdown on ICOs, the red-hot digital coin issuing trend
REUTERS/Jason Lee BEIJING (Reuters) – Chinese regulators are preparing new regulations on digital coin offerings and may ban them until the rules are in place, the financial magazine Caixin reported on Monday, as interest in the new fundraising channel grows rapidly in a regulatory grey area. Digital currencies, also called cryptocurrencies, such as bitcoin and […]
A Brave New Direction For Ico’s Creator
One of the highlights of the IGF awards this week was a short video showcasing the next game from Fumito Ueda, creator of classics like The Last Guardian, Ico and Shadow of the Colossus. It’s an unexpected direction, but it’s something he’s been wanting to do forever, so we wish him all the best. Kotaku