With $20 billion raised in “initial coin offerings” and an overall token market valuation of $300 billion, early participants in crypto finance have done a spectacular job of “growing” their monetary value as measured by the very fiat currencies many claim are being disrupted.
The latest such effort comes from the Token Alliance, an industry initiative of the Digital Chamber of Commerce that comprises 350 global industry participants, including blockchain and token experts, technologists, economists, former regulators, and practitioners from over 20 law firms.
This is not to say that token projects shouldn’t be disruptive, but it is an acknowledgment of the need for pragmatism.
This is not to say the crypto industry should follow these heavy-handed approaches, which are rightly criticized for overly protecting incumbents.
For this self-regulatory approach to succeed, the authors of the Token Alliance paper argue, it is vital for governments to provide a supportive legal framework.
The upcoming $1.3 billion token unlock could significantly impact market dynamics, potentially increasing selling pressure and volatility.
The post Celestia, Sui, and Aptos set for $1.3 billion token unlock next month appeared first on Crypto Briefing.
A South Korean firm claimed to have found the wreck of a Russian warship sunk in 1905 with $130 billion worth of gold on board. The cruiser and its treasure are linked to a crypto exchange and token which the firm reportedly promised to distribute to anyone signing up with the exchange.
Are you tired of hearing how ICOs are disrupting fundraising? The first five months of 2018 saw funds raised through token sales jump to $13. 7 billion, around double the amount raised in the whole of 2017.
For many, the complex nature of crypto investing is an unsolvable enigma. Despite the potential for great returns, many are hesitant to jump in and navigate the complexities and uncertainties inherent in this space.
The capital city of Jiangsu province, Nanjing has launched a $1.5 billion blockchain investment fund to boost the token economy and public blockchain projects in China. Despite its outlawing of many aspects of the cryptocurrency industry, blockchain technology has finally received the support of the government. Consequently, almost 41 percent of all Chinese startups that
According to a research conducted by the Boston College Carroll School of Management only 44% of blockchain projects survive after completing their Initial Coin Offering (ICO) events. The study, done by two professors, evaluated over 4,000 ICOs that had amassed a whopping $12 billion during their token sales. Besides the appalling survival rate, the report, […]
The capital city of Jiangsu province, Nanjing has launched a $1. 5 billion blockchain investment fund to boost the token economy and public blockchain projects in China.
The post Chinese Nanjing Invests $1.
The city of Nanjing which is the capital of the Jiangsu Province in China, has committed to investing a total of 10 Billion Yuan ($1. 5 Billion) in a blockchain investment fund geared at promoting public blockchain projects and the general token economy.
The total market cap is $281 billion Bitcoin’s market cap is $127 billion BTC dominance at 45. 2%. Looking at the historical data of the token, AIR struggled to maintain a market cap of $4 million in the last 7 days.
The BNB token and its simple and easy-to-understand use case helped Binance attract more than 10 million clients in just a year and accumulate an anticipated net profit of up to $1 billion for 2018.
The
Bitcoin movement has brought with it a tidal wave of activity in cryptocurrency
investments and trading. As a result, crypto market capitalization soared to an
all-time high of around $820 billion in early January of 2018.
With an estimated $100 billion value in sunken artifacts in the waters surrounding the Bahamas, deep-sea treasure hunters could soon satiate their thirst for a big bounty through blockchain technology.
A cosplay token comes into effect from Cure WorldCosplay. The idea is to offer sustainable development to this industry that moves approximately 45 billion dollars. Cosplay: Growing Community & Obstacles The concept of Cosplay is understood as the art of dressing up as characters in a movie, a comic book, a manga/anime or a video […]
With over 3. 5 billion fans in the world, football is probably the most followed sport, and this has led to teams like Manchester United, Real Madrid, and FC Barcelona becoming incredibly popular with huge turnovers.
What Is Voco? Voco web app is an app much like Telegram, designed for businesses. This is a persistent one-click chat app, which will affect a $600 billion ads-referral market. It empowers blockchain-based loyalty program and referrals.
With the TRON mainnet swap underway, the Tron Foundation started the process of destroying, also known as “burning,” its old ERC20 tokens. The first round of token burns sent nearly $2 billion TRX to their death.
The “Dow Jones” of the Crypto Market[i] Private Sale of CIX100 Token to Begin Today The rapid growth of cryptocurrencies has attracted professionals and amateur investors worldwide. Cryptocurrencies now hold a market cap of more than $300 billion, a cap that according to many analysts will almost certainly reach $10 trillion in the not so […]
The rapid growth of cryptocurrencies has attracted professionals and amateur investors worldwide. Cryptocurrencies now hold a market cap of more than $300 billion, a cap that according to many analysts will almost certainly reach $10 trillion in the not so distant future [ii].
This week, the U. S. Department of Justice and other law enforcement agencies banded together to bring down some bad actors on the dark web. EOS is undergoing some growing pains with the launch of its network, exposing the trials and tribulations of an all-too-centralized governance model.
Imagine an
enhanced field of vision — one which allows us to seamlessly interact with
others, through the use of our hands and without dependency on a screen.
Imagine an
enhanced field of vision — one which allows us to seamlessly interact with
others, through the use of our hands and without dependency on a screen.
Daniel Larmier, the founder and technical architect of EOS, has confirmed that he wants to scrap the platform’s current constitution and build a new one. Speaking on the EOSIO Gov Telegram Channel, Larimer claimed he has doubts about the company’s current on-chain governance model and called the existing constitution “unwise.
TRON have finally moved on to the next phase of their mainnet launch. Today marks TRON Independence Day, the day which finally sees the TRON TRX token move away from the Ethereum ERC-20 protocol, onto a native TRX token within its own blockchain.
TRON mainnet has successfully gone live but achieving its independence from the parent Ethereum blockchain is still in progress. The $3 billion decentralized internet project called Tron was planned to go live on Monday.
Token swap, is Tron’s latest trial with converting it’s nearly $3 billion to its newest blockchain technology. This is an event which analyst and the industry worldwide is watching with keen interest, considering the massive value of the swap and the implications it will have in the future for such high-value conversions.
Tron, the $3 billion decentralized internet project, may have gone live today, but its full “independence” from the ethereum blockchain isn’t yet complete. More precisely, founder Justin Sun said during a live stream that Tron is still in the process of migrating the last of its users’ TRX tokens from ethereum to its mainnet. “We
On Wednesday, a law firm hired by Bitfinex regarding its USD-backed Tether token released a four-page report indicating that Bitfinex had assets in its bank account that accounted for and exceeded the supply of over 2.
The project, which started on the ethereum blockchain and launched its own blockchain in late May, has positioned itself as a competitor to its former host. As such, the token migration is an intermediary step in what Tron has called its progression towards “independence,” or in other words, the completion of its departure from ethereum
Within two hours, 200,000 individuals registered to download the alpha app of Tatatu, reaching maximum capacity for the alpha stage. John Couch, a former Apple executive, has joined to oversee. .
FOMO Moments Current performing altcoins are Ethereum Classic, Tron, Nano, and Basic Attention Token. The aftermath of the Bithumb hack did not have a long lasting effect on markets fortunately and they are creeping up today.
Either Mark Zuckerberg wants to decentralize Facebook and give users back control of their data, which would undermine the company's advertising model, or he wants to create the world's largest micro economy within its 2+ billion user community.
ICON sold 50 percent of its ICX token supply in a pre-sale last September, raising 150,000 ETH worth around $42,750,000 at the time. The project launched its blockchain in January this year, and according to CoinMarketCap, ICON’s token has a collective market capitalization of about $800 million. The token swap will be implemented at an
The $4 Billion, long-awaiting EOS blockchain network went live yesterday. While many investors are excited by this news, what are lingering security issues should token holders, investors and developers be aware of? Yo Sub Kwon, CEO and Founder of Hosho, the world’s leading blockchain security firm, provides commentary on the security concerns of EOS. Highlights […]
There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U.
Community sentiment for Ripple and the XRP token stayed strong after the Bloody Sunday, where the market bled almost $20 billion in market capitalization. FUD ensued as top currencies lost around 10% in value yesterday.
The cryptocurrency market lost more than 10% over the day. Bitcoin is again trading below $7,000, and the leader of the fall in the top 10 is the EOS blockchain platform token.
