Time will tell if the network will cement its dominance.
The definition of an ICO is an unregulated method of fundraising to support a new project via cryptocurrency. An Initial Coin Offering is used by startups to avoid the strict and over-regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to enthusiasts of the project in return for governmental means of payment or other cryptocurrencies, often Bitcoin.
ICOs shares features of both IPOs and crowdfunding. Like IPOs, a stake of the startup or company is sold to raise money for the entity’s operations during an ICO operation. However, while IPOs deal with investors, ICOs deal with supporters, just like a crowdfunding campaign the only difference is that the backers of the ICO project are motivated by a future return of their investments, while the funds raised during crowdfunding are just gratuitous contributions.
As Telegram learned, regulators in the U.S. are a major barrier to new projects looking for funding anywhere in the world.4366
Legendary video game producer Atari partners with the Litecoin Foundation to take advantage of the overlap between the two communities.4513
Filed this morning, the second class action against block.one estimates that U.S. investors made up $200 million of the EOS ICO, in violation of securities law.10473
Only few TON investors reportedly want to support Telegram and wait for a 110% refund until April 2021 after TON’s official termination, a new report says.3462
Telegram CEO announces the end of Telegram Open Network and Gram following regulatory battle.19878
Representatives from the Loom Network have clarified that, though they have pivoted to an enterprise solution, the project remains active.12908
Gibraltar’s government is treating token sales as securities offerings by default unless the issuer can prove otherwise.14702
Available information seems to indicate that Loom's future is shaky.10122
The SEC has proposed a summary judgment that it hopes will conclude the regulator’s lengthy battle with Kik over the firm’s 2017 ICO.11227
A study by MMC Ventures unveiled the return to the dynamics of traditional capital funding by blockchain companies.4879
A judge has given preliminary approval for a $25 million settlement in the Tezos class-action lawsuit.5207
After missing its April 30 deadline to launch TON, Telegram has offered its investors an immediate 72% refund, or 110% in 12 months.4390
The SEC and Kik have opposed each other’s motions for summary judgment in the ongoing battle over Kik’s $100 million ICO in 2017.5483
Ripple’s user support is in decline and its price continues to drop as experts share the possible reasons behind the negativity.18725