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. 
 

News
Telegram’s GRAM token passes the Howey test and is subject to regulation, says the SEC.
Telegram Seeks Clarity On The Preliminary Injunction Against TON
Dylan Love
2020-03-27T23:15:00+00:00
2300
News
The trial of two of Centra Tech’s founders has been tenuously postponed until September 3 amid coronavirus disruptions.
Founders of Floyd Mayweather-Backed ICO See Trial Pushed to September
Samuel Haig
2020-03-27T15:29:00+00:00
2039
News
Telegram is looking to appeal the court’s recent decision in favor of the SEC to halt distribution of GRAM tokens until trial.
Telegram Asks Court to Appeal Halt on GRAM Distribution
Kollen Post
2020-03-25T15:57:00+00:00
3407
Breaking
The SEC has been granted an injunction to prevent the distribution of Grams with the U.S. court saying that there would be a “near certain risk of a future harm...
Telegram Denied: Court Sides With SEC, Grants Injunction Against Issuing GRAMs
Jon Rice
2020-03-24T22:25:00+00:00
8424
News
Canadian messaging company Kik is following the SEC in seeking summary judgment in their dispute over Kik’s $100 million ICO in 2017.
Both Kik and SEC Seek Summary Judgement in $100 Mln ICO Case
Samuel Haig
2020-03-24T15:45:00+00:00
1731
News
A report has found that equity fundraising has dramatically overtaken ICOs as the leading for leading source of capital for blockchain companies.
Report: ICO Fundraising Plummeted 95% Year-Over-Year in 2019
Samuel Haig
2020-03-23T11:06:00+00:00
1632
News
The Tezos Foundation moves to settle the $25 million consolidated class-action it has been fighting since 2018.
Tezos Foundation Moves to Settle $25M Consolidated Lawsuit
Samuel Haig
2020-03-22T00:00:00+00:00
4846
News
SEC seeks an early victory in lawsuit against Canadian messenger firm Kik for $100 million ICO in 2017.
SEC Seeks Early Judgement in Lawsuit Over Kik’s $100M ICO
Samuel Haig
2020-03-21T16:20:00+00:00
3990

Follow us on Facebook