Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS71.08%
Net Worth
0.470USD
STEEM
0.001STEEM
SBD
0.035SBD
Own SP
7.807SP

Detailed Balance

STEEM
balance
0.001STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
7.807SP
Delegated Out
0.000SP
Delegation In
0.000SP
Effective Power
7.807SP
Reward SP (pending)
0.040SP
SBD
sbd_balance
0.000SBD
sbd_conversions
0.000SBD
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reward_sbd_balance
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Account Info

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id39206
rank149,873
reputation11994264680
created2016-07-28T01:16:54
recovery_accountsteem
proxyNone
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comment_count0
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vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
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last_account_recovery1970-01-01T00:00:00
reset_accountnull
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last_account_update1970-01-01T00:00:00
minedNo
sbd_seconds0
sbd_last_interest_payment2017-05-05T10:26:57
savings_sbd_last_interest_payment1970-01-01T00:00:00
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Withdraw Routes

IncomingOutgoing
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From Date
To Date
2019/07/28 02:33:42
authorsteemitboard
bodyCongratulations @fintechnews! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@fintechnews/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@fintechnews) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=fintechnews)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
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      "body": "Congratulations @fintechnews! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@fintechnews/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@fintechnews) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=fintechnews)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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2018/07/28 01:53:45
authorsteemitboard
bodyCongratulations @fintechnews! You have received a personal award! [![](https://steemitimages.com/70x70/http://steemitboard.com/@fintechnews/birthday2.png)](http://steemitboard.com/@fintechnews) 2 Years on Steemit <sub>_Click on the badge to view your Board of Honor._</sub> > Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
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2018/03/08 03:56:21
authorfintechnews
permlink6-hong-kong-crypto-and-blockchain-platforms-you-should-know
voterscalpeur
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2018/01/09 04:40:36
authorbrandoabroad
bodyAre you based in HK? I am new to cryotos here and having hard time funding my exchange accounts. Only have one bank account in HK and I don't think I can link it to any exchanges so I don't really know how to get cash into my exchange accounts to buy cryptos.. besides using a credit card which is way too expensive. Not sure if any of these companies you mention fulfil that function. Thanks!
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      "body": "Are you based in HK? I am new to cryotos here and having hard time funding my exchange accounts. Only have one bank account in HK and I don't think I can link it to any exchanges so I don't really know how to get cash into my exchange accounts to buy cryptos.. besides using a credit card which is way too expensive. Not sure if any of these companies you mention fulfil that function.  Thanks!",
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2017/12/08 05:07:45
authormidnightviola
bodyThanks for sharing the info~😊
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2017/12/08 05:07:15
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permlink6-hong-kong-crypto-and-blockchain-platforms-you-should-know
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2017/09/29 13:18:03
authorfintechnews
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2017/09/29 12:39:00
authorfintechnews
permlink6-hong-kong-crypto-and-blockchain-platforms-you-should-know
votermichaelsi
weight10000 (100.00%)
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2017/09/23 09:28:21
authormadelinesanchez
bodyNice blog. Really appreciate you bring this to our attention. I really believe in the ico model, why do wealthy people are only allowed to invest in early stage startups. The issue is that the ico scene currently doesn't have any due diligence, besides that they have 0 obligations to their token holders, this is the issue we have to fix. Does anyone know about: https://www.coincheckup.com This site lets you check investment stats, And does a complete background analysis for every single coin. That's tradable on the market.
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      "body": "Nice blog. Really appreciate you bring this to our attention. I really believe in the ico model, why do wealthy people are only allowed to invest in early stage startups. The issue is that the ico scene currently doesn't have any due diligence, besides that they have 0 obligations to their token holders, this is the issue we have to fix. Does anyone know about:  https://www.coincheckup.com This site lets you check investment stats, And does a complete background analysis for every single coin. That's tradable on the market.",
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2017/09/21 14:27:48
authorebonicraft05
bodyNice article. Good to see I'm not the only one that is thinking about this. The crypto market: High risk high gains!. That doesn't mean that a gain is guaranteed though. There's simply no guarantee in anything in life and especially not in a high risk market. Does anyone know about: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. See: https://www.coincheckup.com/coins/Lykke#analysis For a complete Lykke Indepth analysis.
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      "body": "Nice article. Good to see I'm not the only one that is thinking about this. The crypto market: High risk high gains!. That doesn't mean that a gain is guaranteed though. There's simply no guarantee in anything in life and especially not in a high risk market.  Does anyone know about:  https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths.  See:  https://www.coincheckup.com/coins/Lykke#analysis For a complete Lykke Indepth analysis.",
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2017/08/28 17:23:30
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2017/07/28 01:43:00
authorsteemitboard
bodyCongratulations @fintechnews! You have received a personal award! [![](https://steemitimages.com/70x70/http://steemitboard.com/@fintechnews/birthday1.png)](http://steemitboard.com/@fintechnews) Happy Birthday - 1 Year on Steemit Happy Birthday - 1 Year on Steemit Click on the badge to view your own Board of Honor on SteemitBoard. For more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday) > By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
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      "body": "Congratulations @fintechnews! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@fintechnews/birthday1.png)](http://steemitboard.com/@fintechnews)  Happy Birthday - 1 Year on Steemit Happy Birthday - 1 Year on Steemit\nClick on the badge to view your own Board of Honor on SteemitBoard.\n\nFor more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday)\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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fintechnewsreceived 0.025 SBD, 0.036 SP author reward for @fintechnews / steemit-the-blockchain-powered-social-network
2017/06/01 07:42:09
authorfintechnews
permlinksteemit-the-blockchain-powered-social-network
sbd payout0.025 SBD
steem payout0.000 STEEM
vesting payout58.019669 VESTS
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2017/05/26 14:50:36
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2017/05/26 04:01:30
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bottymcbotfacesent 0.001 STEEM to @fintechnews- "If you would like the value of Steem to soar, please vote for Steem to be added to BTCC.com https://twitter.com/bobbyclee/status/865851769116475392"
2017/05/25 19:45:30
amount0.001 STEEM
frombottymcbotface
memoIf you would like the value of Steem to soar, please vote for Steem to be added to BTCC.com https://twitter.com/bobbyclee/status/865851769116475392
tofintechnews
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2017/05/25 16:38:48
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2017/05/25 16:35:39
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2017/05/25 16:20:09
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2017/05/25 16:06:42
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2017/05/25 16:00:45
authorfintechnews
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2017/05/25 15:59:42
authorbkkshadow
bodyGreetings from Andrew (CCC). Followed and resteemed. Happy steeming
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2017/05/25 15:58:54
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2017/05/25 10:15:21
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2017/05/25 08:36:12
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2017/05/25 07:45:48
authorfintechnews
bodythanks, that is our blog
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2017/05/25 07:43:51
authorcheetah
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: http://fintechnews.ch/blockchain_bitcoin/steemit-blockchain-powered-social-network/11007/
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2017/05/25 07:43:45
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2017/05/25 07:43:00
authorfintechnews
bodyInspired by Reddit, Steemit is a blogging and social networking website running on top of a blockchain that pays users and content creators for posting and curating the best content. Founded in 2016, Steemit is the brainchild of Ned Scott and Daniel Larimer, creator of BitShares. The platform is relatively new but has nevertheless grown rapidly in community size and content. As of May 2017, Steemit had over 168,000 registered accounts. Steemit: how it works? steemit logo blockchain social media platformSteemit uses an algorithm to determine the value of each user’s contribution: the more a user contributes to the platform, the more his or her influence grows. Users can be curators, contributors or both, and can write about most any topic, from mainstream to niche subjects. Like Reddit, content on Steemit is organized into sub-groups and topics. The social network runs on top of a decentralized network called Steem. Like Bitcoin, Steem is a blockchain with transferable tokens. In the case of Steem, there are two tokens: the Steem token and the Steem Dollar. The Steem token is the network’s base token used to reward users who upload articles, images and commentary, as well as those who source and upvote popular content. Steem is traded on multiple cryptocurrency exchanges and markets, and its value determines the value of posting rewards on Steemit. Its value also backs the value of Steem Dollars. The Steem Dollar is an asset intended to be pegged to the US dollar which can be used for payments for goods and services. Like Steem tokens, Steem Dollars can be traded at cryptocurrency exchanges. Steem can also be converted into Steem Power, which locks up its value for a two-year period. During that period, Steem Powers in one’s account grow through a process referred to as staking, a method for validating and confirming data on the Steem blockchain. While Steemit.com is the reference front-end website interface for the blockchain content of Steem, the network also allows third-party websites and apps to connect and interact with the Steem database. Several developers have already done so and numerous alternative interface designs and features currently exist such as Instagram-style image posting, as well as Busy.org, a Steem-interacting social network, and eSteem, a Steem-interacting Android and iOS app. A rocky start Despite a price surge during Steemit’s first three months of existence, a hack in July 2016 raised questions about security. At the same time, the craze surrounding the new social network draw attention from the cryptocurrency community. Some members of the community voiced their concerns publically and pointed out the “ponzi scheme aspects” of Steemit, among other issues. The negative publicity pushed the price of Steem down by 98%+ from 4 USD/STEEM in mid-July 2016 to 0.07 USD/STEEM as of mid-March 2017. And as if that were not enough, co-founder Dan Larimer resigned as CTO of Steemit two months. Larimer’s two-sentence post gave no explanation or reason for the departure. Nevertheless, Steemit still remains and apparently has a growing user base. The Steem token is now trading at around 1.30 USD/STEEM and has a market capitalization of over US$310 million, making it the 16th largest cryptocurrency by market cap behind more popular ones such as Bitcoin (market cap: US$39 billion) and Ethereum (market cap: US$18 billion). Steem chart ![steemit chart.JPG](https://steemitimages.com/DQmURXVP5KnsbVn8EVK9apiBPzQbsd12wtQZ9KesbGFPvaG/steemit%20chart.JPG)
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      "body": "Inspired by Reddit, Steemit is a blogging and social networking website running on top of a blockchain that pays users and content creators for posting and curating the best content.\n\nFounded in 2016, Steemit is the brainchild of Ned Scott and Daniel Larimer, creator of BitShares. The platform is relatively new but has nevertheless grown rapidly in community size and content. As of May 2017, Steemit had over 168,000 registered accounts.\n\n \nSteemit: how it works?\n\nsteemit logo blockchain social media platformSteemit uses an algorithm to determine the value of each user’s contribution: the more a user contributes to the platform, the more his or her influence grows.\n\nUsers can be curators, contributors or both, and can write about most any topic, from mainstream to niche subjects. Like Reddit, content on Steemit is organized into sub-groups and topics.\n\nThe social network runs on top of a decentralized network called Steem. Like Bitcoin, Steem is a blockchain with transferable tokens. In the case of Steem, there are two tokens: the Steem token and the Steem Dollar.\n\nThe Steem token is the network’s base token used to reward users who upload articles, images and commentary, as well as those who source and upvote popular content. Steem is traded on multiple cryptocurrency exchanges and markets, and its value determines the value of posting rewards on Steemit. Its value also backs the value of Steem Dollars.\n\nThe Steem Dollar is an asset intended to be pegged to the US dollar which can be used for payments for goods and services. Like Steem tokens, Steem Dollars can be traded at cryptocurrency exchanges.\n\nSteem can also be converted into Steem Power, which locks up its value for a two-year period. During that period, Steem Powers in one’s account grow through a process referred to as staking, a method for validating and confirming data on the Steem blockchain.\n\nWhile Steemit.com is the reference front-end website interface for the blockchain content of Steem, the network also allows third-party websites and apps to connect and interact with the Steem database.\n\nSeveral developers have already done so and numerous alternative interface designs and features currently exist such as Instagram-style image posting, as well as Busy.org, a Steem-interacting social network, and eSteem, a Steem-interacting Android and iOS app.\n\n \n\nA rocky start\n\nDespite a price surge during Steemit’s first three months of existence, a hack in July 2016 raised questions about security. At the same time, the craze surrounding the new social network draw attention from the cryptocurrency community.\n\nSome members of the community voiced their concerns publically and pointed out the “ponzi scheme aspects” of Steemit, among other issues. The negative publicity pushed the price of Steem down by 98%+ from 4 USD/STEEM in mid-July 2016 to 0.07 USD/STEEM as of mid-March 2017.\n\nAnd as if that were not enough, co-founder Dan Larimer resigned as CTO of Steemit two months. Larimer’s two-sentence post gave no explanation or reason for the departure.\n\nNevertheless, Steemit still remains and apparently has a growing user base.\n\nThe Steem token is now trading at around 1.30 USD/STEEM and has a market capitalization of over US$310 million, making it the 16th largest cryptocurrency by market cap behind more popular ones such as Bitcoin (market cap: US$39 billion) and Ethereum (market cap: US$18 billion).\n\nSteem chart\n![steemit chart.JPG](https://steemitimages.com/DQmURXVP5KnsbVn8EVK9apiBPzQbsd12wtQZ9KesbGFPvaG/steemit%20chart.JPG)",
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bodyInspired by Reddit, Steemit is a blogging and social networking website running on top of a blockchain that pays users and content creators for posting and curating the best content. Founded in 2016, Steemit is the brainchild of Ned Scott and Daniel Larimer, creator of BitShares. The platform is relatively new but has nevertheless grown rapidly in community size and content. As of May 2017, Steemit had over 168,000 registered accounts. Steemit: how it works? steemit logo blockchain social media platformSteemit uses an algorithm to determine the value of each user’s contribution: the more a user contributes to the platform, the more his or her influence grows. Users can be curators, contributors or both, and can write about most any topic, from mainstream to niche subjects. Like Reddit, content on Steemit is organized into sub-groups and topics. The social network runs on top of a decentralized network called Steem. Like Bitcoin, Steem is a blockchain with transferable tokens. In the case of Steem, there are two tokens: the Steem token and the Steem Dollar. The Steem token is the network’s base token used to reward users who upload articles, images and commentary, as well as those who source and upvote popular content. Steem is traded on multiple cryptocurrency exchanges and markets, and its value determines the value of posting rewards on Steemit. Its value also backs the value of Steem Dollars. The Steem Dollar is an asset intended to be pegged to the US dollar which can be used for payments for goods and services. Like Steem tokens, Steem Dollars can be traded at cryptocurrency exchanges. Steem can also be converted into Steem Power, which locks up its value for a two-year period. During that period, Steem Powers in one’s account grow through a process referred to as staking, a method for validating and confirming data on the Steem blockchain. While Steemit.com is the reference front-end website interface for the blockchain content of Steem, the network also allows third-party websites and apps to connect and interact with the Steem database. Several developers have already done so and numerous alternative interface designs and features currently exist such as Instagram-style image posting, as well as Busy.org, a Steem-interacting social network, and eSteem, a Steem-interacting Android and iOS app. A rocky start Despite a price surge during Steemit’s first three months of existence, a hack in July 2016 raised questions about security. At the same time, the craze surrounding the new social network draw attention from the cryptocurrency community. Some members of the community voiced their concerns publically and pointed out the “ponzi scheme aspects” of Steemit, among other issues. The negative publicity pushed the price of Steem down by 98%+ from 4 USD/STEEM in mid-July 2016 to 0.07 USD/STEEM as of mid-March 2017. And as if that were not enough, co-founder Dan Larimer resigned as CTO of Steemit two months. Larimer’s two-sentence post gave no explanation or reason for the departure. Nevertheless, Steemit still remains and apparently has a growing user base. The Steem token is now trading at around 1.30 USD/STEEM and has a market capitalization of over US$310 million, making it the 16th largest cryptocurrency by market cap behind more popular ones such as Bitcoin (market cap: US$39 billion) and Ethereum (market cap: US$18 billion). Steem chart ![steemit chart.JPG](https://steemitimages.com/DQmURXVP5KnsbVn8EVK9apiBPzQbsd12wtQZ9KesbGFPvaG/steemit%20chart.JPG)
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      "body": "Inspired by Reddit, Steemit is a blogging and social networking website running on top of a blockchain that pays users and content creators for posting and curating the best content.\n\nFounded in 2016, Steemit is the brainchild of Ned Scott and Daniel Larimer, creator of BitShares. The platform is relatively new but has nevertheless grown rapidly in community size and content. As of May 2017, Steemit had over 168,000 registered accounts.\n\n \nSteemit: how it works?\n\nsteemit logo blockchain social media platformSteemit uses an algorithm to determine the value of each user’s contribution: the more a user contributes to the platform, the more his or her influence grows.\n\nUsers can be curators, contributors or both, and can write about most any topic, from mainstream to niche subjects. Like Reddit, content on Steemit is organized into sub-groups and topics.\n\nThe social network runs on top of a decentralized network called Steem. Like Bitcoin, Steem is a blockchain with transferable tokens. In the case of Steem, there are two tokens: the Steem token and the Steem Dollar.\n\nThe Steem token is the network’s base token used to reward users who upload articles, images and commentary, as well as those who source and upvote popular content. Steem is traded on multiple cryptocurrency exchanges and markets, and its value determines the value of posting rewards on Steemit. Its value also backs the value of Steem Dollars.\n\nThe Steem Dollar is an asset intended to be pegged to the US dollar which can be used for payments for goods and services. Like Steem tokens, Steem Dollars can be traded at cryptocurrency exchanges.\n\nSteem can also be converted into Steem Power, which locks up its value for a two-year period. During that period, Steem Powers in one’s account grow through a process referred to as staking, a method for validating and confirming data on the Steem blockchain.\n\nWhile Steemit.com is the reference front-end website interface for the blockchain content of Steem, the network also allows third-party websites and apps to connect and interact with the Steem database.\n\nSeveral developers have already done so and numerous alternative interface designs and features currently exist such as Instagram-style image posting, as well as Busy.org, a Steem-interacting social network, and eSteem, a Steem-interacting Android and iOS app.\n\n \n\nA rocky start\n\nDespite a price surge during Steemit’s first three months of existence, a hack in July 2016 raised questions about security. At the same time, the craze surrounding the new social network draw attention from the cryptocurrency community.\n\nSome members of the community voiced their concerns publically and pointed out the “ponzi scheme aspects” of Steemit, among other issues. The negative publicity pushed the price of Steem down by 98%+ from 4 USD/STEEM in mid-July 2016 to 0.07 USD/STEEM as of mid-March 2017.\n\nAnd as if that were not enough, co-founder Dan Larimer resigned as CTO of Steemit two months. Larimer’s two-sentence post gave no explanation or reason for the departure.\n\nNevertheless, Steemit still remains and apparently has a growing user base.\n\nThe Steem token is now trading at around 1.30 USD/STEEM and has a market capitalization of over US$310 million, making it the 16th largest cryptocurrency by market cap behind more popular ones such as Bitcoin (market cap: US$39 billion) and Ethereum (market cap: US$18 billion).\n\nSteem chart\n![steemit chart.JPG](https://steemitimages.com/DQmURXVP5KnsbVn8EVK9apiBPzQbsd12wtQZ9KesbGFPvaG/steemit%20chart.JPG)",
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2017/05/05 10:31:27
authorfintechnews
body<html> <p>&nbsp;An ICO is an unregulated funding, by which funds are raised for a new cryptocurrency venture by selling newly minted crypto coins. The practice is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for bitcoins or ethers (ETH), the native cryptocurrency of the Ethereum network.</p> <p>Prior to launching a campaign, a startup usually creates a plan on a whitepaper which states what the project is about, what needs the project will fulfill upon completion, how much money is needed to undertake the venture, and how long the ICO campaign will run for, amongst other key information.During the campaign, enthusiasts and supporters can buy some of the distributed tokens.&nbsp;</p> <p>Which are similar to shares of a company sold to investors in an Initial Public Offering (IPO) transaction.If the money raised does not meet the minimum funds required by the startups, the money is returned to the backers and the ICO is deemed unsuccessful.To date, ICOs have offered some extraordinary returns. Today, we look at some of the most noteworthy ICO campaigns that ran recently.&nbsp;</p> <p><img src="http://fintechnews.sg/wp-content/uploads/2017/05/TokenCard-300x194.png"/></p> <h3>Decentralized platform Waves raises US$16 million</h3> <p><a href="https://wavesplatform.com/">Waves</a>, a decentralized platform which uses custom crypto tokens to represent value, raised 29,634 BTC (US$16 million) in its ICO in July 2016 in exchange for 85,000,000 coins (WAVES).Waves is a crypto-platform for asset/custom token issuance, transfer, and trading on blockchain. Waves offers a full-scale platform for decentralized crowdfunding, community management<img src="http://fintechnews.sg/wp-content/uploads/2017/05/TokenCard-300x194.png"/>&nbsp;and encrypted messaging.&nbsp;</p> <h3>Ethereum prediction market Gnosis raises US$12.5 million in less than 15 minutes</h3> <p>In April, <a href="https://gnosis.pm/">Gnosis</a>, a startup building a platform for prediction markets on Ethereum, <a href="https://www.financemagnates.com/cryptocurrency/news/ethereum-prediction-market-gnosis-raises-12-5m-lightning-speed-ico/">raised</a> 250,000 ETH (worth US$12.5 million at the time) in less than 15 minutes, giving the project a US$300 million valuation.Gnosis has its own native cryptocurrency called WIZ. During the ICO however, investors received a token called GNO which they can choose to lock for a fixed period of time and receive WIZ tokens in exchange.Gnosis sold 5% of its 10 million GNO tokens to investors for US$30 each, making it the most expensive digital currency offered in an initial sale, <a href="http://www.reuters.com/article/us-blockchain-funding-gnosis-idUSKBN17R2RD">according</a> to co-founder Martin Koppelmann.&nbsp;</p> <h3>TokenCard raises US$12.7 million in 30 minutes</h3> <p>Monolith Studio’s <a href="http://tokencard.io/">TokenCard</a> <a href="https://www.cryptocoinsnews.com/ethereum-based-debit-card-tokencard-ico-raises-12-7-million-30-minutes/">closed</a> its ICO earlier this week after exceeding its crowdsale goal in just half an hour.TokenCard is a debit card usable at payment terminals around the world, including ATMs. TokenCard customers fund their own card with allowances from ERC20 compatible contract wallets.At launch, TokenCard will allow users to fund their card with ETH and up to five other cryptocurrencies. Its underlying token, TKN, is funded by fees from the Token Card network.&nbsp;</p> <h3>Golem raises US$8.6M in less than 30 minutes</h3> <p>In late-2016, <a href="https://golem.network/">Golem</a>, the first decentralized global market for computing power, <a href="https://www.forbes.com/sites/rogeraitken/2016/11/12/fintech-golems-airbnb-for-computing-crowdsale-scores-8-6m-in-minutes/#1b4042073583">raised</a> 820,000 ETH (more than US$8.6 million) in just 29 minutes for its Golem Network Token (GNT).Dubbed as the “Airbnb for computers,” Polish-based Golem is a peer-to-peer network that allows both application owners and individual users to rent the resources of other users’ machines, and be paid in cryptocurrency. Users are equally privileged under the network.&nbsp;</p> <h3>ChronoBank raises US$5.4M to disrupt the HR industry</h3> <p><a href="https://chronobank.io/">ChronoBank</a>, a project aimed at transforming the human resources and recruitment industry, raised US$5.4 million in its ICO earlier this year.ChronoBank is building a blockchain-based recruitment platform that seeks to disrupt the industry through the use of time-based cryptocurrencies.Development in the pipeline includes progress on ChronoBank’s smart contracts capabilities, hosted on Ethereum’s blockchain, as well as ChronoWallets for Waves and the NEM platform.ChronoBank’s TIME token <a href="http://fintechnews.ch/blockchain_bitcoin/lykke-adds-support-chronobank-time-token-trading/10707/">was recently added</a> for trading on the Lykke exchange platform.&nbsp;</p> <h3>Humaniq Raises US$5.1M for financial inclusion project</h3> <p>In April, <a href="https://humaniq.co/">Humaniq</a>, a project aimed at <a href="http://fintechnews.sg/9366/blockchain/blockchain-bring-financial-inclusion-provide-low-cost-financial-services/">delivering financial services to the unbanked</a>, <a href="https://blog.humaniq.co/well-done-humaniq-raised-5-1-mln-on-ico-4ea558b3517">raised</a> over US$5.1 million in its ICO with over 11,600 participants and an average contribution of US$430.Humaniq aims to bring new mobile financial inclusion and education services to help the two billion unbanked people in the world who have limited or no access to the digital economy. It is working to provide a peer-to-peer platform that leverages the Ethereum blockchain and biometric technology.Humaniq recently <a href="http://www.prnewswire.com/news-releases/financial-inclusion-startup-humaniq-joins-the-rise-community-after-raising-39m-ico-619879493.html">joined</a> Barclays’ open innovation program Rise in London<br> &nbsp;</p> </html>
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      "body": "<html>\n<p>&nbsp;An ICO is an unregulated funding, by which funds are raised for a new cryptocurrency venture by selling newly minted crypto coins. The practice is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for bitcoins or ethers (ETH), the native cryptocurrency of the Ethereum network.</p>\n<p>Prior to launching a campaign, a startup usually creates a plan on a whitepaper which states what the project is about, what needs the project will fulfill upon completion, how much money is needed to undertake the venture, and how long the ICO campaign will run for, amongst other key information.During the campaign, enthusiasts and supporters can buy some of the distributed tokens.&nbsp;</p>\n<p>Which are similar to shares of a company sold to investors in an Initial Public Offering (IPO) transaction.If the money raised does not meet the minimum funds required by the startups, the money is returned to the backers and the ICO is deemed unsuccessful.To date, ICOs have offered some extraordinary returns. Today, we look at some of the most noteworthy ICO campaigns that ran recently.&nbsp;</p>\n<p><img src=\"http://fintechnews.sg/wp-content/uploads/2017/05/TokenCard-300x194.png\"/></p>\n<h3>Decentralized platform Waves raises US$16 million</h3>\n<p><a href=\"https://wavesplatform.com/\">Waves</a>, a decentralized platform which uses custom crypto tokens to represent value, raised 29,634 BTC (US$16 million) in its ICO in July 2016 in exchange for 85,000,000 coins (WAVES).Waves is a crypto-platform for asset/custom token issuance, transfer, and trading on blockchain. Waves offers a full-scale platform for decentralized crowdfunding, community management<img src=\"http://fintechnews.sg/wp-content/uploads/2017/05/TokenCard-300x194.png\"/>&nbsp;and encrypted messaging.&nbsp;</p>\n<h3>Ethereum prediction market Gnosis raises US$12.5 million in less than 15 minutes</h3>\n<p>In April, <a href=\"https://gnosis.pm/\">Gnosis</a>, a startup building a platform for prediction markets on Ethereum, <a href=\"https://www.financemagnates.com/cryptocurrency/news/ethereum-prediction-market-gnosis-raises-12-5m-lightning-speed-ico/\">raised</a> 250,000 ETH (worth US$12.5 million at the time) in less than 15 minutes, giving the project a US$300 million valuation.Gnosis has its own native cryptocurrency called WIZ. During the ICO however, investors received a token called GNO which they can choose to lock for a fixed period of time and receive WIZ tokens in exchange.Gnosis sold 5% of its 10 million GNO tokens to investors for US$30 each, making it the most expensive digital currency offered in an initial sale, <a href=\"http://www.reuters.com/article/us-blockchain-funding-gnosis-idUSKBN17R2RD\">according</a> to co-founder Martin Koppelmann.&nbsp;</p>\n<h3>TokenCard raises US$12.7 million in 30 minutes</h3>\n<p>Monolith Studio’s <a href=\"http://tokencard.io/\">TokenCard</a> <a href=\"https://www.cryptocoinsnews.com/ethereum-based-debit-card-tokencard-ico-raises-12-7-million-30-minutes/\">closed</a> its ICO earlier this week after exceeding its crowdsale goal in just half an hour.TokenCard is a debit card usable at payment terminals around the world, including ATMs. TokenCard customers fund their own card with allowances from ERC20 compatible contract wallets.At launch, TokenCard will allow users to fund their card with ETH and up to five other cryptocurrencies. Its underlying token, TKN, is funded by fees from the Token Card network.&nbsp;</p>\n<h3>Golem raises US$8.6M in less than 30 minutes</h3>\n<p>In late-2016, <a href=\"https://golem.network/\">Golem</a>, the first decentralized global market for computing power, <a href=\"https://www.forbes.com/sites/rogeraitken/2016/11/12/fintech-golems-airbnb-for-computing-crowdsale-scores-8-6m-in-minutes/#1b4042073583\">raised</a> 820,000 ETH (more than US$8.6 million) in just 29 minutes for its Golem Network Token (GNT).Dubbed as the “Airbnb for computers,” Polish-based Golem is a peer-to-peer network that allows both application owners and individual users to rent the resources of other users’ machines, and be paid in cryptocurrency. Users are equally privileged under the network.&nbsp;</p>\n<h3>ChronoBank raises US$5.4M to disrupt the HR industry</h3>\n<p><a href=\"https://chronobank.io/\">ChronoBank</a>, a project aimed at transforming the human resources and recruitment industry, raised US$5.4 million in its ICO earlier this year.ChronoBank is building a blockchain-based recruitment platform that seeks to disrupt the industry through the use of time-based cryptocurrencies.Development in the pipeline includes progress on ChronoBank’s smart contracts capabilities, hosted on Ethereum’s blockchain, as well as ChronoWallets for Waves and the NEM platform.ChronoBank’s TIME token <a href=\"http://fintechnews.ch/blockchain_bitcoin/lykke-adds-support-chronobank-time-token-trading/10707/\">was recently added</a> for trading on the Lykke exchange platform.&nbsp;</p>\n<h3>Humaniq Raises US$5.1M for financial inclusion project</h3>\n<p>In April, <a href=\"https://humaniq.co/\">Humaniq</a>, a project aimed at <a href=\"http://fintechnews.sg/9366/blockchain/blockchain-bring-financial-inclusion-provide-low-cost-financial-services/\">delivering financial services to the unbanked</a>, <a href=\"https://blog.humaniq.co/well-done-humaniq-raised-5-1-mln-on-ico-4ea558b3517\">raised</a> over US$5.1 million in its ICO with over 11,600 participants and an average contribution of US$430.Humaniq aims to bring new mobile financial inclusion and education services to help the two billion unbanked people in the world who have limited or no access to the digital economy. 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2017/05/05 10:30:21
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2017/05/05 10:25:39
authorfintechnews
body<html> <p>&nbsp;An ICO is an unregulated funding, by which funds are raised for a new cryptocurrency venture by selling newly minted crypto coins. The practice is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for bitcoins or ethers (ETH), the native cryptocurrency of the Ethereum network.</p> <p>Prior to launching a campaign, a startup usually creates a plan on a whitepaper which states what the project is about, what needs the project will fulfill upon completion, how much money is needed to undertake the venture, and how long the ICO campaign will run for, amongst other key information.During the campaign, enthusiasts and supporters can buy some of the distributed tokens.&nbsp;</p> <p>Which are similar to shares of a company sold to investors in an Initial Public Offering (IPO) transaction.If the money raised does not meet the minimum funds required by the startups, the money is returned to the backers and the ICO is deemed unsuccessful.To date, ICOs have offered some extraordinary returns. Today, we look at some of the most noteworthy ICO campaigns that ran recently.&nbsp;</p> <h3>Decentralized platform Waves raises US$16 million</h3> <p><a href="https://wavesplatform.com/">Waves</a>, a decentralized platform which uses custom crypto tokens to represent value, raised 29,634 BTC (US$16 million) in its ICO in July 2016 in exchange for 85,000,000 coins (WAVES).Waves is a crypto-platform for asset/custom token issuance, transfer, and trading on blockchain. Waves offers a full-scale platform for decentralized crowdfunding, community management and encrypted messaging.&nbsp;</p> <h3>Ethereum prediction market Gnosis raises US$12.5 million in less than 15 minutes</h3> <p>In April, <a href="https://gnosis.pm/">Gnosis</a>, a startup building a platform for prediction markets on Ethereum, <a href="https://www.financemagnates.com/cryptocurrency/news/ethereum-prediction-market-gnosis-raises-12-5m-lightning-speed-ico/">raised</a> 250,000 ETH (worth US$12.5 million at the time) in less than 15 minutes, giving the project a US$300 million valuation.Gnosis has its own native cryptocurrency called WIZ. During the ICO however, investors received a token called GNO which they can choose to lock for a fixed period of time and receive WIZ tokens in exchange.Gnosis sold 5% of its 10 million GNO tokens to investors for US$30 each, making it the most expensive digital currency offered in an initial sale, <a href="http://www.reuters.com/article/us-blockchain-funding-gnosis-idUSKBN17R2RD">according</a> to co-founder Martin Koppelmann.&nbsp;</p> <h3>TokenCard raises US$12.7 million in 30 minutes</h3> <p>Monolith Studio’s <a href="http://tokencard.io/">TokenCard</a> <a href="https://www.cryptocoinsnews.com/ethereum-based-debit-card-tokencard-ico-raises-12-7-million-30-minutes/">closed</a> its ICO earlier this week after exceeding its crowdsale goal in just half an hour.TokenCard is a debit card usable at payment terminals around the world, including ATMs. TokenCard customers fund their own card with allowances from ERC20 compatible contract wallets.At launch, TokenCard will allow users to fund their card with ETH and up to five other cryptocurrencies. Its underlying token, TKN, is funded by fees from the Token Card network.&nbsp;</p> <h3>Golem raises US$8.6M in less than 30 minutes</h3> <p>In late-2016, <a href="https://golem.network/">Golem</a>, the first decentralized global market for computing power, <a href="https://www.forbes.com/sites/rogeraitken/2016/11/12/fintech-golems-airbnb-for-computing-crowdsale-scores-8-6m-in-minutes/#1b4042073583">raised</a> 820,000 ETH (more than US$8.6 million) in just 29 minutes for its Golem Network Token (GNT).Dubbed as the “Airbnb for computers,” Polish-based Golem is a peer-to-peer network that allows both application owners and individual users to rent the resources of other users’ machines, and be paid in cryptocurrency. Users are equally privileged under the network.&nbsp;</p> <h3>ChronoBank raises US$5.4M to disrupt the HR industry</h3> <p><a href="https://chronobank.io/">ChronoBank</a>, a project aimed at transforming the human resources and recruitment industry, raised US$5.4 million in its ICO earlier this year.ChronoBank is building a blockchain-based recruitment platform that seeks to disrupt the industry through the use of time-based cryptocurrencies.Development in the pipeline includes progress on ChronoBank’s smart contracts capabilities, hosted on Ethereum’s blockchain, as well as ChronoWallets for Waves and the NEM platform.ChronoBank’s TIME token <a href="http://fintechnews.ch/blockchain_bitcoin/lykke-adds-support-chronobank-time-token-trading/10707/">was recently added</a> for trading on the Lykke exchange platform.&nbsp;</p> <h3>Humaniq Raises US$5.1M for financial inclusion project</h3> <p>In April, <a href="https://humaniq.co/">Humaniq</a>, a project aimed at <a href="http://fintechnews.sg/9366/blockchain/blockchain-bring-financial-inclusion-provide-low-cost-financial-services/">delivering financial services to the unbanked</a>, <a href="https://blog.humaniq.co/well-done-humaniq-raised-5-1-mln-on-ico-4ea558b3517">raised</a> over US$5.1 million in its ICO with over 11,600 participants and an average contribution of US$430.Humaniq aims to bring new mobile financial inclusion and education services to help the two billion unbanked people in the world who have limited or no access to the digital economy. It is working to provide a peer-to-peer platform that leverages the Ethereum blockchain and biometric technology.Humaniq recently <a href="http://www.prnewswire.com/news-releases/financial-inclusion-startup-humaniq-joins-the-rise-community-after-raising-39m-ico-619879493.html">joined</a> Barclays’ open innovation program Rise in London<br> &nbsp;</p> </html>
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      "body": "<html>\n<p>&nbsp;An ICO is an unregulated funding, by which funds are raised for a new cryptocurrency venture by selling newly minted crypto coins. The practice is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for bitcoins or ethers (ETH), the native cryptocurrency of the Ethereum network.</p>\n<p>Prior to launching a campaign, a startup usually creates a plan on a whitepaper which states what the project is about, what needs the project will fulfill upon completion, how much money is needed to undertake the venture, and how long the ICO campaign will run for, amongst other key information.During the campaign, enthusiasts and supporters can buy some of the distributed tokens.&nbsp;</p>\n<p>Which are similar to shares of a company sold to investors in an Initial Public Offering (IPO) transaction.If the money raised does not meet the minimum funds required by the startups, the money is returned to the backers and the ICO is deemed unsuccessful.To date, ICOs have offered some extraordinary returns. Today, we look at some of the most noteworthy ICO campaigns that ran recently.&nbsp;</p>\n<h3>Decentralized platform Waves raises US$16 million</h3>\n<p><a href=\"https://wavesplatform.com/\">Waves</a>, a decentralized platform which uses custom crypto tokens to represent value, raised 29,634 BTC (US$16 million) in its ICO in July 2016 in exchange for 85,000,000 coins (WAVES).Waves is a crypto-platform for asset/custom token issuance, transfer, and trading on blockchain. Waves offers a full-scale platform for decentralized crowdfunding, community management and encrypted messaging.&nbsp;</p>\n<h3>Ethereum prediction market Gnosis raises US$12.5 million in less than 15 minutes</h3>\n<p>In April, <a href=\"https://gnosis.pm/\">Gnosis</a>, a startup building a platform for prediction markets on Ethereum, <a href=\"https://www.financemagnates.com/cryptocurrency/news/ethereum-prediction-market-gnosis-raises-12-5m-lightning-speed-ico/\">raised</a> 250,000 ETH (worth US$12.5 million at the time) in less than 15 minutes, giving the project a US$300 million valuation.Gnosis has its own native cryptocurrency called WIZ. During the ICO however, investors received a token called GNO which they can choose to lock for a fixed period of time and receive WIZ tokens in exchange.Gnosis sold 5% of its 10 million GNO tokens to investors for US$30 each, making it the most expensive digital currency offered in an initial sale, <a href=\"http://www.reuters.com/article/us-blockchain-funding-gnosis-idUSKBN17R2RD\">according</a> to co-founder Martin Koppelmann.&nbsp;</p>\n<h3>TokenCard raises US$12.7 million in 30 minutes</h3>\n<p>Monolith Studio’s <a href=\"http://tokencard.io/\">TokenCard</a> <a href=\"https://www.cryptocoinsnews.com/ethereum-based-debit-card-tokencard-ico-raises-12-7-million-30-minutes/\">closed</a> its ICO earlier this week after exceeding its crowdsale goal in just half an hour.TokenCard is a debit card usable at payment terminals around the world, including ATMs. TokenCard customers fund their own card with allowances from ERC20 compatible contract wallets.At launch, TokenCard will allow users to fund their card with ETH and up to five other cryptocurrencies. Its underlying token, TKN, is funded by fees from the Token Card network.&nbsp;</p>\n<h3>Golem raises US$8.6M in less than 30 minutes</h3>\n<p>In late-2016, <a href=\"https://golem.network/\">Golem</a>, the first decentralized global market for computing power, <a href=\"https://www.forbes.com/sites/rogeraitken/2016/11/12/fintech-golems-airbnb-for-computing-crowdsale-scores-8-6m-in-minutes/#1b4042073583\">raised</a> 820,000 ETH (more than US$8.6 million) in just 29 minutes for its Golem Network Token (GNT).Dubbed as the “Airbnb for computers,” Polish-based Golem is a peer-to-peer network that allows both application owners and individual users to rent the resources of other users’ machines, and be paid in cryptocurrency. Users are equally privileged under the network.&nbsp;</p>\n<h3>ChronoBank raises US$5.4M to disrupt the HR industry</h3>\n<p><a href=\"https://chronobank.io/\">ChronoBank</a>, a project aimed at transforming the human resources and recruitment industry, raised US$5.4 million in its ICO earlier this year.ChronoBank is building a blockchain-based recruitment platform that seeks to disrupt the industry through the use of time-based cryptocurrencies.Development in the pipeline includes progress on ChronoBank’s smart contracts capabilities, hosted on Ethereum’s blockchain, as well as ChronoWallets for Waves and the NEM platform.ChronoBank’s TIME token <a href=\"http://fintechnews.ch/blockchain_bitcoin/lykke-adds-support-chronobank-time-token-trading/10707/\">was recently added</a> for trading on the Lykke exchange platform.&nbsp;</p>\n<h3>Humaniq Raises US$5.1M for financial inclusion project</h3>\n<p>In April, <a href=\"https://humaniq.co/\">Humaniq</a>, a project aimed at <a href=\"http://fintechnews.sg/9366/blockchain/blockchain-bring-financial-inclusion-provide-low-cost-financial-services/\">delivering financial services to the unbanked</a>, <a href=\"https://blog.humaniq.co/well-done-humaniq-raised-5-1-mln-on-ico-4ea558b3517\">raised</a> over US$5.1 million in its ICO with over 11,600 participants and an average contribution of US$430.Humaniq aims to bring new mobile financial inclusion and education services to help the two billion unbanked people in the world who have limited or no access to the digital economy. It is working to provide a peer-to-peer platform that leverages the Ethereum blockchain and biometric technology.Humaniq recently <a href=\"http://www.prnewswire.com/news-releases/financial-inclusion-startup-humaniq-joins-the-rise-community-after-raising-39m-ico-619879493.html\">joined</a> Barclays’ open innovation program Rise in London<br>\n&nbsp;</p>\n</html>",
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body<html> <p>&nbsp;An ICO is an unregulated funding, by which funds are raised for a new cryptocurrency venture by selling newly minted crypto coins. The practice is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for bitcoins or ethers (ETH), the native cryptocurrency of the Ethereum network.</p> <p>Prior to launching a campaign, a startup usually creates a plan on a whitepaper which states what the project is about, what needs the project will fulfill upon completion, how much money is needed to undertake the venture, and how long the ICO campaign will run for, amongst other key information.During the campaign, enthusiasts and supporters can buy some of the distributed tokens.&nbsp;</p> <p>Which are similar to shares of a company sold to investors in an Initial Public Offering (IPO) transaction.If the money raised does not meet the minimum funds required by the startups, the money is returned to the backers and the ICO is deemed unsuccessful.To date, ICOs have offered some extraordinary returns. Today, we look at some of the most noteworthy ICO campaigns that ran recently.&nbsp;</p> <h3>Decentralized platform Waves raises US$16 million</h3> <p><a href="https://wavesplatform.com/">Waves</a>, a decentralized platform which uses custom crypto tokens to represent value, raised 29,634 BTC (US$16 million) in its ICO in July 2016 in exchange for 85,000,000 coins (WAVES).Waves is a crypto-platform for asset/custom token issuance, transfer, and trading on blockchain. Waves offers a full-scale platform for decentralized crowdfunding, community management and encrypted messaging.&nbsp;</p> <h3>Ethereum prediction market Gnosis raises US$12.5 million in less than 15 minutes</h3> <p>In April, <a href="https://gnosis.pm/">Gnosis</a>, a startup building a platform for prediction markets on Ethereum, <a href="https://www.financemagnates.com/cryptocurrency/news/ethereum-prediction-market-gnosis-raises-12-5m-lightning-speed-ico/">raised</a> 250,000 ETH (worth US$12.5 million at the time) in less than 15 minutes, giving the project a US$300 million valuation.Gnosis has its own native cryptocurrency called WIZ. During the ICO however, investors received a token called GNO which they can choose to lock for a fixed period of time and receive WIZ tokens in exchange.Gnosis sold 5% of its 10 million GNO tokens to investors for US$30 each, making it the most expensive digital currency offered in an initial sale, <a href="http://www.reuters.com/article/us-blockchain-funding-gnosis-idUSKBN17R2RD">according</a> to co-founder Martin Koppelmann.&nbsp;</p> <h3>TokenCard raises US$12.7 million in 30 minutes</h3> <p>Monolith Studio’s <a href="http://tokencard.io/">TokenCard</a> <a href="https://www.cryptocoinsnews.com/ethereum-based-debit-card-tokencard-ico-raises-12-7-million-30-minutes/">closed</a> its ICO earlier this week after exceeding its crowdsale goal in just half an hour.TokenCard is a debit card usable at payment terminals around the world, including ATMs. TokenCard customers fund their own card with allowances from ERC20 compatible contract wallets.At launch, TokenCard will allow users to fund their card with ETH and up to five other cryptocurrencies. Its underlying token, TKN, is funded by fees from the Token Card network.&nbsp;</p> <h3>Golem raises US$8.6M in less than 30 minutes</h3> <p>In late-2016, <a href="https://golem.network/">Golem</a>, the first decentralized global market for computing power, <a href="https://www.forbes.com/sites/rogeraitken/2016/11/12/fintech-golems-airbnb-for-computing-crowdsale-scores-8-6m-in-minutes/#1b4042073583">raised</a> 820,000 ETH (more than US$8.6 million) in just 29 minutes for its Golem Network Token (GNT).Dubbed as the “Airbnb for computers,” Polish-based Golem is a peer-to-peer network that allows both application owners and individual users to rent the resources of other users’ machines, and be paid in cryptocurrency. Users are equally privileged under the network.&nbsp;</p> <h3>ChronoBank raises US$5.4M to disrupt the HR industry</h3> <p><a href="https://chronobank.io/">ChronoBank</a>, a project aimed at transforming the human resources and recruitment industry, raised US$5.4 million in its ICO earlier this year.ChronoBank is building a blockchain-based recruitment platform that seeks to disrupt the industry through the use of time-based cryptocurrencies.Development in the pipeline includes progress on ChronoBank’s smart contracts capabilities, hosted on Ethereum’s blockchain, as well as ChronoWallets for Waves and the NEM platform.ChronoBank’s TIME token <a href="http://fintechnews.ch/blockchain_bitcoin/lykke-adds-support-chronobank-time-token-trading/10707/">was recently added</a> for trading on the Lykke exchange platform.&nbsp;</p> <h3>Humaniq Raises US$5.1M for financial inclusion project</h3> <p>In April, <a href="https://humaniq.co/">Humaniq</a>, a project aimed at <a href="http://fintechnews.sg/9366/blockchain/blockchain-bring-financial-inclusion-provide-low-cost-financial-services/">delivering financial services to the unbanked</a>, <a href="https://blog.humaniq.co/well-done-humaniq-raised-5-1-mln-on-ico-4ea558b3517">raised</a> over US$5.1 million in its ICO with over 11,600 participants and an average contribution of US$430.Humaniq aims to bring new mobile financial inclusion and education services to help the two billion unbanked people in the world who have limited or no access to the digital economy. It is working to provide a peer-to-peer platform that leverages the Ethereum blockchain and biometric technology.Humaniq recently <a href="http://www.prnewswire.com/news-releases/financial-inclusion-startup-humaniq-joins-the-rise-community-after-raising-39m-ico-619879493.html">joined</a> Barclays’ open innovation program Rise in London <br> &nbsp;</p> </html>
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permlink6-notable-initial-coin-offering-campaigns-and-blockchain-projects
title6 Notable Initial Coin Offering Campaigns and Blockchain Projects
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      "body": "<html>\n<p>&nbsp;An ICO is an unregulated funding, by which funds are raised for a new cryptocurrency venture by selling newly minted crypto coins. The practice is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for bitcoins or ethers (ETH), the native cryptocurrency of the Ethereum network.</p>\n<p>Prior to launching a campaign, a startup usually creates a plan on a whitepaper which states what the project is about, what needs the project will fulfill upon completion, how much money is needed to undertake the venture, and how long the ICO campaign will run for, amongst other key information.During the campaign, enthusiasts and supporters can buy some of the distributed tokens.&nbsp;</p>\n<p>Which are similar to shares of a company sold to investors in an Initial Public Offering (IPO) transaction.If the money raised does not meet the minimum funds required by the startups, the money is returned to the backers and the ICO is deemed unsuccessful.To date, ICOs have offered some extraordinary returns. Today, we look at some of the most noteworthy ICO campaigns that ran recently.&nbsp;</p>\n<h3>Decentralized platform Waves raises US$16 million</h3>\n<p><a href=\"https://wavesplatform.com/\">Waves</a>, a decentralized platform which uses custom crypto tokens to represent value, raised 29,634 BTC (US$16 million) in its ICO in July 2016 in exchange for 85,000,000 coins (WAVES).Waves is a crypto-platform for asset/custom token issuance, transfer, and trading on blockchain. Waves offers a full-scale platform for decentralized crowdfunding, community management and encrypted messaging.&nbsp;</p>\n<h3>Ethereum prediction market Gnosis raises US$12.5 million in less than 15 minutes</h3>\n<p>In April, <a href=\"https://gnosis.pm/\">Gnosis</a>, a startup building a platform for prediction markets on Ethereum, <a href=\"https://www.financemagnates.com/cryptocurrency/news/ethereum-prediction-market-gnosis-raises-12-5m-lightning-speed-ico/\">raised</a> 250,000 ETH (worth US$12.5 million at the time) in less than 15 minutes, giving the project a US$300 million valuation.Gnosis has its own native cryptocurrency called WIZ. During the ICO however, investors received a token called GNO which they can choose to lock for a fixed period of time and receive WIZ tokens in exchange.Gnosis sold 5% of its 10 million GNO tokens to investors for US$30 each, making it the most expensive digital currency offered in an initial sale, <a href=\"http://www.reuters.com/article/us-blockchain-funding-gnosis-idUSKBN17R2RD\">according</a> to co-founder Martin Koppelmann.&nbsp;</p>\n<h3>TokenCard raises US$12.7 million in 30 minutes</h3>\n<p>Monolith Studio’s <a href=\"http://tokencard.io/\">TokenCard</a> <a href=\"https://www.cryptocoinsnews.com/ethereum-based-debit-card-tokencard-ico-raises-12-7-million-30-minutes/\">closed</a> its ICO earlier this week after exceeding its crowdsale goal in just half an hour.TokenCard is a debit card usable at payment terminals around the world, including ATMs. TokenCard customers fund their own card with allowances from ERC20 compatible contract wallets.At launch, TokenCard will allow users to fund their card with ETH and up to five other cryptocurrencies. Its underlying token, TKN, is funded by fees from the Token Card network.&nbsp;</p>\n<h3>Golem raises US$8.6M in less than 30 minutes</h3>\n<p>In late-2016, <a href=\"https://golem.network/\">Golem</a>, the first decentralized global market for computing power, <a href=\"https://www.forbes.com/sites/rogeraitken/2016/11/12/fintech-golems-airbnb-for-computing-crowdsale-scores-8-6m-in-minutes/#1b4042073583\">raised</a> 820,000 ETH (more than US$8.6 million) in just 29 minutes for its Golem Network Token (GNT).Dubbed as the “Airbnb for computers,” Polish-based Golem is a peer-to-peer network that allows both application owners and individual users to rent the resources of other users’ machines, and be paid in cryptocurrency. Users are equally privileged under the network.&nbsp;</p>\n<h3>ChronoBank raises US$5.4M to disrupt the HR industry</h3>\n<p><a href=\"https://chronobank.io/\">ChronoBank</a>, a project aimed at transforming the human resources and recruitment industry, raised US$5.4 million in its ICO earlier this year.ChronoBank is building a blockchain-based recruitment platform that seeks to disrupt the industry through the use of time-based cryptocurrencies.Development in the pipeline includes progress on ChronoBank’s smart contracts capabilities, hosted on Ethereum’s blockchain, as well as ChronoWallets for Waves and the NEM platform.ChronoBank’s TIME token <a href=\"http://fintechnews.ch/blockchain_bitcoin/lykke-adds-support-chronobank-time-token-trading/10707/\">was recently added</a> for trading on the Lykke exchange platform.&nbsp;</p>\n<h3>Humaniq Raises US$5.1M for financial inclusion project</h3>\n<p>In April, <a href=\"https://humaniq.co/\">Humaniq</a>, a project aimed at <a href=\"http://fintechnews.sg/9366/blockchain/blockchain-bring-financial-inclusion-provide-low-cost-financial-services/\">delivering financial services to the unbanked</a>, <a href=\"https://blog.humaniq.co/well-done-humaniq-raised-5-1-mln-on-ico-4ea558b3517\">raised</a> over US$5.1 million in its ICO with over 11,600 participants and an average contribution of US$430.Humaniq aims to bring new mobile financial inclusion and education services to help the two billion unbanked people in the world who have limited or no access to the digital economy. It is working to provide a peer-to-peer platform that leverages the Ethereum blockchain and biometric technology.Humaniq recently <a href=\"http://www.prnewswire.com/news-releases/financial-inclusion-startup-humaniq-joins-the-rise-community-after-raising-39m-ico-619879493.html\">joined</a> Barclays’ open innovation program Rise in London <br>\n&nbsp;</p>\n</html>",
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2016/09/16 10:51:27
authorfintechnews
permlinkblockchain-marketplace-lykke-begins-crowd-sale-looks-to-raise-1-5m-chf
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2016/09/16 10:45:33
authorfintechnews
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2016/09/16 10:45:33
authorfintechnews
body<html> <p>Lykke, a Swiss startup seeking to build a <a href="http://fintechnews.ch/blockchain_bitcoin/startup-of-the-month-lykke-a-next-gen-zero-commission-trading-platform-powered-by-blockchain/6294/">global marketplace</a> powered by blockchain technology, <a href="https://lykke.com/city/blog/2016-09-13/lykke_ico">has begun</a>its Initial Coin Offering (ICO) campaign as the company looks to raise CHF 1.5 million.&nbsp;</p> <p><img src="http://fintechnews.ch/wp-content/uploads/2016/09/Lykke-blockchain-global-marketplace-300x100.png"/>&nbsp;<a href="http://lykke.click/ico/fintech">Lykke </a>seeks to<a href="http://lykke.click/ico/fintech"> sell 30 million Lykke coins </a>at the price of 0.05 CHF each. Lykke coins represent ownership of Lykke, an exchange for trading financial instruments built on top of blockchain technology.“Lykke is looking for investors who want to change the face of the global market,” Richard Olsen, co-founder and CEO of Lykke, said.&nbsp; <em>“Our goal is to upset the inefficiency and unfairness of the existing financial system, giving people a better way to manage their money and their assets.”</em>&nbsp;</p> <p>&nbsp;The crowd sale is available to anyone over 18 years old (except for US citizens) and will run until October 10, 2016. Individuals can purchase these tokens using the Lykke Wallet application for iOS or Android devices using Swiss francs, US dollars, bitcoins and ether, the native cryptocurrency of Ethereum. (<a href="http://lykke.click/ico/fintech">more information here</a>)</p> <p>The Lykke Wallet lets users purchase “any kind of financial instrument,” trade them in a peer-to-peer manner, with “second-by-second interest payments.”</p> <p>“We want to give our customers and those who believe in our vision a chance to participate in owning part of the company,” Olsen said.&nbsp;</p> <p><img src="http://fintechnews.ch/wp-content/uploads/2016/09/Lykke-global-blockchain-marketplace-1440x564_c.png"/></p> <p>Read full article <a href="http://fintechnews.ch/blockchain_bitcoin/blockchain-marketplace-lykke-begins-crowd-sale-looks-to-raise-1-5m-chf/6813/">here</a>&nbsp;</p> </html>
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parent author
parent permlinkblockchain
permlinkblockchain-marketplace-lykke-begins-crowd-sale-looks-to-raise-1-5m-chf
titleBlockchain Marketplace Lykke Begins Crowd Sale; Looks to Raise 1.5M CHF
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      "body": "<html>\n<p>Lykke, a Swiss startup seeking to build a <a href=\"http://fintechnews.ch/blockchain_bitcoin/startup-of-the-month-lykke-a-next-gen-zero-commission-trading-platform-powered-by-blockchain/6294/\">global marketplace</a> powered by blockchain technology, <a href=\"https://lykke.com/city/blog/2016-09-13/lykke_ico\">has begun</a>its Initial Coin Offering (ICO) campaign as the company looks to raise CHF 1.5 million.&nbsp;</p>\n<p><img src=\"http://fintechnews.ch/wp-content/uploads/2016/09/Lykke-blockchain-global-marketplace-300x100.png\"/>&nbsp;<a href=\"http://lykke.click/ico/fintech\">Lykke </a>seeks to<a href=\"http://lykke.click/ico/fintech\"> sell 30 million Lykke coins </a>at the price of 0.05 CHF each. Lykke coins represent ownership of Lykke, an exchange for trading financial instruments built on top of blockchain technology.“Lykke is looking for investors who want to change the face of the global market,” Richard Olsen, co-founder and CEO of Lykke, said.&nbsp; <em>“Our goal is to upset the inefficiency and unfairness of the existing financial system, giving people a better way to manage their money and their assets.”</em>&nbsp;</p>\n<p>&nbsp;The crowd sale is available to anyone over 18 years old (except for US citizens) and will run until October 10, 2016. Individuals can purchase these tokens using the Lykke Wallet application for iOS or Android devices using Swiss francs, US dollars, bitcoins and ether, the native cryptocurrency of Ethereum. (<a href=\"http://lykke.click/ico/fintech\">more information here</a>)</p>\n<p>The Lykke Wallet lets users purchase “any kind of financial instrument,” trade them in a peer-to-peer manner, with “second-by-second interest payments.”</p>\n<p>“We want to give our customers and those who believe in our vision a chance to participate in owning part of the company,” Olsen said.&nbsp;</p>\n<p><img src=\"http://fintechnews.ch/wp-content/uploads/2016/09/Lykke-global-blockchain-marketplace-1440x564_c.png\"/></p>\n<p>Read full article <a href=\"http://fintechnews.ch/blockchain_bitcoin/blockchain-marketplace-lykke-begins-crowd-sale-looks-to-raise-1-5m-chf/6813/\">here</a>&nbsp;</p>\n</html>",
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2016/09/14 09:22:15
authorfintechnews
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2016/09/14 09:07:06
authorfintechnews
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2016/09/14 09:07:06
authorfintechnews
body<html> <p>Ever heard of Bitcoin? It’s a digital currency that has been sending shockwaves through the financial investment markets ever since it was launched in 2008 by <a href="http://www.coindesk.com/information/who-is-satoshi-nakamoto/">Satoshi Nakamoto</a>. The concept, to many, is difficult to understand, but its rise in value over the last few years and the number of people trading it has made many others prick up their ears.</p> <p>Bitcoin relies on Blockchain technology in order for it to work. Blockchain is basically a digital ledger that records all the Bitcoin transactions, in a linear fashion, as they occur. Blockchain technology means that so called “trustless” transactions of Bitcoin can be made digitally and without the need for institutions, such as banks to enforce these transactions.</p> <p>This of course raises a myriad of legal issues that <a href="http://www.withersworldwide.com/en-sg">larger legal companies</a> are currently looking over, though as of yet, they have not been fully addressed. Nevertheless, Bitcoin is being traded as a digital currency on the markets and is being used to purchase goods from merchants who accept it.</p> <p>Video: <a href="http://fintechnews.sg/3605/blockchain/the-blockchain-explanation-by-standard-chartered-bank/">The Blockchain Explanation by Standard Chartered Bank</a>.</p> <p>Bitcoin and Blockchain technology is being adopted by a growing number of counties and businesses. Japanese e-commerce and internet giant <a href="http://global.rakuten.com/en/">Rakuten</a> have recently opened a Blockchain lab in Northern Ireland with sole purpose of developing Blockchain applications for use in e-commerce and financial technology (fintech).</p> <p><strong>Read the full article </strong><a href="http://fintechnews.sg/5141/blockchain/the-uptake-of-blockchain-technology/"><strong>here</strong></a></p> </html>
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parent author
parent permlinkblockchain
permlinkthe-uptake-of-blockchain-technology
titleThe Uptake of Blockchain Technology
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      "body": "<html>\n<p>Ever heard of Bitcoin? It’s a digital currency that has been sending shockwaves through the financial investment markets ever since it was launched in 2008 by <a href=\"http://www.coindesk.com/information/who-is-satoshi-nakamoto/\">Satoshi Nakamoto</a>. The concept, to many, is difficult to understand, but its rise in value over the last few years and the number of people trading it has made many others prick up their ears.</p>\n<p>Bitcoin relies on Blockchain technology in order for it to work. Blockchain is basically a digital ledger that records all the Bitcoin transactions, in a linear fashion, as they occur. Blockchain technology means that so called “trustless” transactions of Bitcoin can be made digitally and without the need for institutions, such as banks to enforce these transactions.</p>\n<p>This of course raises a myriad of legal issues that <a href=\"http://www.withersworldwide.com/en-sg\">larger legal companies</a> are currently looking over, though as of yet, they have not been fully addressed. Nevertheless, Bitcoin is being traded as a digital currency on the markets and is being used to purchase goods from merchants who accept it.</p>\n<p>Video: <a href=\"http://fintechnews.sg/3605/blockchain/the-blockchain-explanation-by-standard-chartered-bank/\">The Blockchain Explanation by Standard Chartered Bank</a>.</p>\n<p>Bitcoin and Blockchain technology is being adopted by a growing number of counties and businesses. Japanese e-commerce and internet giant <a href=\"http://global.rakuten.com/en/\">Rakuten</a> have recently opened a Blockchain lab in Northern Ireland with sole purpose of developing Blockchain applications for use in e-commerce and financial technology (fintech).</p>\n<p><strong>Read the full article </strong><a href=\"http://fintechnews.sg/5141/blockchain/the-uptake-of-blockchain-technology/\"><strong>here</strong></a></p>\n</html>",
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2016/08/28 02:41:06
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2016/08/28 02:40:39
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2016/08/17 09:48:03
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Witness Votes

0 / 30
No active witness votes.
[]