Tag Archives: ICO

NBA’s Dallas Mavericks Will Accept Bitcoin For Tickets, Mark Cuban Promises

NBA’s Dallas Mavericks Will Accept Bitcoin For Tickets, Mark Cuban Promises

Mark Cuban, billionaire tech investor and owner of the NBA team The Dallas Mavericks tweetedon Tuesday, Jan. 16 that starting next season, it will be possible to buy tickets to the team’s games with Bitcoin. The Dallas Mavericks won’t be the first basketball team to start accepting Bitcoin as payment for tickets. The Sacramento Kings officially started […]

Forget Token Sales? The Father of the ICO Is All About Identity Now

Forget Token Sales? The Father of the ICO Is All About Identity Now

The developer who created core technology that has helped launch thousands of initial coin offerings (ICOs) isn’t all that impressed with the fruits of his creation. Looking ahead to 2018, Fabian Vogelsteller is interested in taking the model he pioneered with ethereum’s ERC-20 token standard, effectively a drop-dead simple way of creating your own cryptocurrency, and […]

Survey: Institutional Traders Are Split on Bitcoin’s Price, Wary of ICOs

Survey: Institutional Traders Are Split on Bitcoin’s Price, Wary of ICOs

A plurality of respondents to a new survey from brokerage firm Triad Securities said they believe bitcoin is in a bubble that’s primed to crash. The survey was conducted earlier this month by New York-based Triad as well as Datatrek Research, garnering responses from 317 institutional traders. Of those, just over half work for buy-side […]

Even Investors with Access Want ICO Presale Reform

Even Investors with Access Want ICO Presale Reform

Stakeholders in the burgeoning market for initial coin offerings (ICOs) have reached consensus: the practice of presales needs to be reformed. Originally conceived as a way to bootstrap new tokens by covering their legal and marketing expenses, some ICO issues are now offering crypto-insiders steep discounts on tokens and better distribution terms in presale rounds, […]

Kik Might Just Move Its ICO Tokens to a New Blockchain

Kik Might Just Move Its ICO Tokens to a New Blockchain

Kik, the first mainstream company to complete an initial coin offering (ICO) on ethereum, is reportedly considering whether it might migrate its token network to a new blockchain. The social messaging platform, which raised $98 million in its token sale earlier this year, first broached the subject late last month on the Kin Foundation’s Telegram tech channel. There, […]

Russian Central Bank Official: ICOs Have ‘Huge Potential’

Russian Central Bank Official: ICOs Have ‘Huge Potential’

A senior official at Russia’s central bank said earlier today that he believes initial coin offerings (ICOs) could drive funding opportunities for startups. According to the state-owned news service TASS, Bank of Russia first deputy chairman Sergei Shvetsov said that the central bank would “support the development” of the blockchain funding model. It’s a notable development, given […]

Ethereum to ICOs: You’re Doing It Wrong

Ethereum to ICOs: You’re Doing It Wrong

“Grotesque” might not be the word you’d think ethereum developers would ascribe to the ICO environment. But that’s exactly how some of the platform’s ardent supporters described the current state of affairs. At Devcon3 in Cancun, Mexico, last week, developers were decidedly unenthusiastic when approached for thoughts about the new funding method, some going so far […]

‘Young’ ICOs: Nasdaq Exec Says Exchange Still the Place to Raise Capita

‘Young’ ICOs: Nasdaq Exec Says Exchange Still the Place to Raise Capita

A Nasdaq executive has argued that the initial coin offering (ICO) markets are still immature and that the stock exchange is still the best place for a company to raise money. Talking to CNBC during the Web Summit tech conference in Lisbon yesterday, Nasdaq vice chairman Bruce Aust said the ICO funding method is still “very young” and in its […]

Proving Ground? Ethereum Gears Up for Show of Force at Devcon Event

Proving Ground? Ethereum Gears Up for Show of Force at Devcon Event

Ethereum is out to prove itself at its annual developer event, set to begin next Wednesday. Once arguably the most active corner of the booming cryptocurrency market, it’s safe to say enthusiasm for the project has cooled, if only by comparison. Despite meteoric growth that has seen the protocol rise to $29 billion in value, not […]

The Basics on FACTS: A New Model for Compliant ICOs

The Basics on FACTS: A New Model for Compliant ICOs

A few blockchain companies have recently been touting a “legal” or “compliant” ICO. After digging into the details, however, I am realizing that these ICO teams have very little understanding of SEC requirements, and that their token sales are not compliant.  This isn’t surprising. Most entrepreneurs are (rightly) more focused on building a business than […]