Hodler’s Digest, March 25–31: Top Stories, Price Movements, Quotes and FUD of the Week

Top Stories This Week

Owner of ICO That Never Happened Attempts to Sell Project on eBay for $60,000

The owner of a crypto-related startup dubbed Sponsy, which never launched its initial coin offering (ICO), is attempting to sell the project on eBay for $60,000. The project is described as a blockchain-related identity that is able to launch both an ICO and a security token offering (STO), with the author of the posting claiming that the project was both audited by an investment firm and approved by several investment banks. Sponsy also claims to have a solid social presence, although its Twitter and Facebook page posts have around ten likes on average. The eBay poster noted in an interview that he lost out on the ICO craze by taking time to develop a product, rather than first launching an offering.

Over 130-Year-Old Liquor Company William Grant & Sons to Track Whiskey on Blockchain

Premium scotch whisky brand Ailsa Bay, which is owned by William Grant & Sons (WG&S), a liquor company founded in 1887, is set to launch what it claims to be the world’s first scotch whisky tracked on the blockchain. According to the company, the whisky will be tracked in collaboration with blockchain firm arc-net, which will develop the new products and a system to track manufacturing from distillery to store. The reason behind the blockchain tracking is to prevent whisky counterfeiting in the United Kingdom, as well as allow the firm to gather data on both existing and potential customers by employing location systems for the purchases.

Tim Draper Urges Argentina’s President to Legalize Bitcoin to Improve Economy

When speaking to Argentine president Mauricio Macri, crypto bull and investor Tim Draper said that the legalization of Bitcoin (BTC) in the country could help improve their economic situation. During the meeting, Draper noted that the use of blockchain and crypto could help improve major economic problems, including the devaluation of the Argentine peso (ARS). Draper also reportedly proposed a humorous bet, stating that if the peso would be valued more than Bitcoin, he would double his investment in the country, but if BTC became higher than the peso, Argentina would have to declare the crypto a national currency.

Weiss Crypto Ratings Puts Bitcoin Aside EOS and XRP in Annual Outlook

The newest Weiss Crypto Ratings and given top cryptocurrency Bitcoin an “A,” along with Ripple (XRP) and EOS. In the report, which was based on an analysis of 120 cr