Tag Archives: token

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 […]

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, […]

A More Equitable ICO? Why Blockstack Said No to a Token Pre-Sale

A More Equitable ICO? Why Blockstack Said No to a Token Pre-Sale

Blockstack isn’t going along with business as usual for its initial coin offering (ICO). As the new funding method gains momentum, token issuers have often allowed investors to access tokens in so-called “pre-sales” in advance of opening up to the public. The pre-sales, aimed at injecting money into projects early on, are often competitive, and […]

A high-profile ICO is touting its latest invention: a dividend

A high-profile ICO is touting its latest invention: a dividend

Since bitcoin was invented, its backers have pitched it as an innovation that will upend the financial world as we know it. Many believe that initial coin offerings (ICO), which typically blend aspects of cryptocurrencies and crowdfunding, are an important step in that revolution, a way to render the conventional routes of fundraising obsolete. But sometimes […]

Blockchain Journalism Platform Civil Receives $5 Million in Funding

Blockchain Journalism Platform Civil Receives $5 Million in Funding

Decentralized journalism marketplace Civil has announced $5 million in funding from blockchain development firm ConsenSys. The in-development blockchain-based news platform said in a blog post that it plans to set aside half the funds as capital, while the remaining half will go towards building out its services. According to Civil founder Matthew Iles, the platform aims to create a […]

Overstock’s TØ is Launching an Initial Coin Offering Next Month

Overstock’s TØ is Launching an Initial Coin Offering Next Month

Overstock.com subsidiary tØ has formally announced an initial coin offering (ICO), set to begin next month. Debuted at the Money2020 conference in Las Vegas, the ICO will be facilitated via the sale of Simple Agreements for Future Tokens (SAFTs), a model that was previously used in token sales like the one for filecoin, which raised more than […]

Why ICOs Should Want to Be Securities

Why ICOs Should Want to Be Securities

Lindsay Lin is a counsel and program manager at Lightyear.io, a company that leverages the open-source Stellar protocol to build digital payments infrastructure and services. In this opinion piece, Lin argues that issuers of ICOs should not only accept but embrace regulators’ classification of their tokens as securities. In the past year, most organizations conducting […]

Regulated ICOs Arrive: Overstock to Open Exchange for Legal Token Trading

Regulated ICOs Arrive: Overstock to Open Exchange for Legal Token Trading

Get ready for regulated token trading. Announced today, tØ, the capital markets arm of Overstock‘s blockchain-focused subsidiary Medici, is launching a first-of-its-kind alternative trading system (ATS) that will provide a platform for the exchange of cryptographic tokens categorized in the U.S. as securities. A joint venture with RenGen (a fintech firm that will serve as […]

Neo ICO Token Wins Traders as China Worries Fade

Neo ICO Token Wins Traders as China Worries Fade

The neo-US dollar (NEO/USD) exchange rate is showing signs of renewed life today. As a China-based project, neo (formerly antshares) perhaps bore most of the brunt of the decision by the country’s regulators to ban initial coin offerings (ICOs), falling nearly 40% over the day’s trading on September 4. However, neo appears to now be recovering, posting a strong 10% gain today amid a dull market. A general […]

Canada Confirms Tokens May Be Securities and Pacific Coin Is the Test

Canada Confirms Tokens May Be Securities and Pacific Coin Is the Test

Joshua Ashley Klayman is a counsel in the Finance + Projects group at global law firm Morrison & Foerster LLP and co-head of the firm’s Blockchain + Smart Contracts group. Martin Kovnats, Donald Johnston, Matthew Liberatore and Shannon Corregan work at Canadian law firm Aird & Berlis LLP, where they specialize in M&A, private equity and […]