ICO News

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. 

Follow up
With the final verdict on TON expected before April 30, most crypto analysts believe that the court’s decision will favor the U.S. SEC.
CFTC Joins the Telegram Vs. SEC Case, Shedding Light on Likely Verdict
Shiraz Jagati
You need nothing short of “a miracle” to succeed with an initial coin offering in Australia, a local industry leader told the government this week.
Aussie Blockchain Startup Tells Gov’t Its Tax Laws Are Stifling ICOs
Marie Huillet
Decentraland recently launched its virtual reality world, seeing $1 million in land sold on its digital arena.
Users Pay $1M for Digital Land as 2017 ICO Finally Opens Virtual World
Benjamin Pirus
A New York judge has extended the restraining order that prohibits Telegram from distributing its Gram tokens.
Gram Token Injunction Could Go Down to the Wire
Samuel Haig
Enigma settled with the SEC for its unregistered ICO, agreeing to pay a fine and return investor funds.
SEC Nails Enigma ICO: Orders Refund, Registration and Fine
Benjamin Pirus
The South Korean ICO Contents Protocol has decided to fold after business failed to take off, returning a significant portion of its initial funding to the hold...
Korean ICO Contents Protocol Shuts Down, Will Return $7.5M to Holders
Andrey Shevchenko
Follow up
SEC Commissioner Hester Peirce aka CryptoMom tells Cointelegraph about her hopes for her new safe harbor proposal for cryptocurrencies in decentralized networks...
SEC Commissioner CryptoMom Explains Planned ICO Safe Harbor to Cointelegraph
Kollen Post
The U.S. SEC has requested that Kik Interactive Inc. provided detailed information about its operations since it released its native token, Kin.
Kik Representative Will Give Deposition in SEC Case on Jan. 28
Ana Alexandre

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