ICO - News, Opinion & Analysis

ICO - Initial Coin Offering

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Initial coin offerings (ICOs) is a fundraising mechanism for Decentralized Ledger Technology (DLTs) projects. They have proven to be extremely successful in helping projects raise funds quickly and conveniently. In 2018, ICOs raised roughly $6.3 billion, with most ICOs being centered in the United States. 

But this has been something of a double-edged sword. ICOs have come under the scanner for their tendency to be exploited by disingenuous individuals or groups, who purportedly launch a project and a corresponding token during an ICO, only to stop development or go dark once having raised money. This has led to investigations in several nations and, in some instances, an outright ban on ICOs.

Studies have shown that a vast majority of ICOs are indeed scams. Naturally, concern about investor protection is high, which explains the intense scrutiny placed on efforts that make use of ICOs, if not banning it outright. Furthermore, several ICOs have failed to meet their fundraising goals or alter their initial vision. 

Having said this, a change in the regulatory approach has offered some hope for believers in ICOs. The blockchain space, being so nascent, has not had reasonable regulation yet be established, which has no doubt contributed to the wild west reputation of the cryptocurrency market. However, as regulation steadily forms, both the ICO facet and general use of cryptocurrencies are expected to safer for investors.

Mayweather Backed ICO Founder Pleads Guilty

17 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

Robert Farkas, the co-founder of Centra Tech, has pleaded guilty to committing securities and wire fraud, the United States Justice Department announced in a press release published on June 16. Centra Tech is most well known for having professional b...

Blockstack Token Gives Hands Million STX Tokens to Stacks Foundation as Decentralization Plans Come Into Place

11 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Blockstack PBC filed a notice with the United States Securities and Exchange Commission (SEC) on August 10 that explains how it plans to decentralize the network. The notice was accompanied by a blog post explaining the effort. Blockstack was the fi...

Ripple Unlocks Another 100M From Escrow Wallet

9 Feb 2020 1 minute read 2 comments Tokenhell.com

According to the report of Whale Alert, Ripple has unlocked another 100M worth $27.9 million from its escrow wallet. Fear of sell-off among XRP holders Ripple’s this move shocked the community and the reactions from the community members and Twitter...

Is Tezos (XTZ) a Good Investment? In-depth Analysis and Near to Longer-Term Expectations

18 Dec 2019 7 minute read 4 comments CryptoBoomer

Many projects have injected with life following the ICO year of 2017. That was when blockchain technology really started to take off in the public’s eye and people began seeing potential for all sorts of applications. They also saw potential in impro...

Metamask ICO is coming to the crypto community!

3 Feb 2021 1 minute read 2 comments CryptoBible00789

MetaMask ICO is coming in 2021! Information about an upcoming Metamask ICO is already partially mentioned on ICO Drops. Besides the remark that the goal is not yet set, it does mention that a MetaMask Utility Token Sale will happen SOON! What is Met...

Kik Ends Lawsuit with $5M Settlement

21 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

Kik has ended a lawsuit with the United States Securities and Exchange Commission (SEC), having paid $5 million to settle the case, according to court documents published on October 20. The two parties have “reached agreement on a proposed judgment”...

Introduction to Silica neXus

13 Jul 2021 2 minute read 2 comments Silica neXus

Introduction to Silica NeXus The Convergence of 4 Dimensions (C4D) Team grew up in the video game industry, creating major companies, brands, and titles since the early days of Atari. We love games and the industry. We always have. We realized that...

What Does The United States Securities and Exchange Commission (SEC) Do...?

27 Dec 2020 2 minute read 0 comments Nas.A

  What Does The United States Securities and Exchange Commission (SEC) Do...?   The lawsuit filed by the US regulatory agency SEC against Ripple and its two executives has caused an earthquake in the cryptocurrency markets. Although there was no seri...

What is Chainlink?

27 Sep 2019 8 minute read 10 comments Mr.CryptoWiki

For years, commentators and crypto publications have hyped up the coming “blockchain revolution”. The future, they say, will see blockchain/crypto/ledger tech becoming a dominant force in business, and that coin prices will reflect this dominance. O...

Here’s How You Can Participate into the Crypto Tron Project

1 May 2020 6 minute read 1 comment Crypto Adventure

Thailand is one of the countries that has taken a more liberal and progressive step towards crypto adoption, and this new blockchain startup, Crypto Tron, is sure to place the South East Asian Country in a better position.  The project runs on the Tr...