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Tag: fundraising

Singaporean Fintech, X Infinity, Raises $20.5 Million for Speedy Crypto Wallet

Category: Altcoins, Business, Finance, Investment, News

Singaporean Fintech, X Infinity, Raises $20.5 Million for Speedy Crypto Wallet

On August 20, 2018, X Infinity announced that they had successfully raised $20.5 million through a private sale. The Singapore-based fintech firm surpassed their projected target of raising $18 million. The funds will be used to develop a wallet that supports transactions using any digital currency. Faster Transaction Speeds Investors and traders often keep their coins in separate wallets. The…

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Dirt Protocol Raises $3 Million to Create A Decentralized Information Verification Platform

Category: Altcoins, Bitcoin, Blockchain, Business, News, Platform

Dirt Protocol Raises $3 Million to Create A Decentralized Information Verification Platform

According to TechCrunch, Dirt Protocol, a platform that uses blockchain technology to verify information, raised $3 million in seed funding from some venture firms and angel investors. Dirt Protocol Provides the Tools For Developers to Build their Databases Venture Beat reported that Dirt Protocol is creating a “Wikipedia for structured data.” With an unregulated market abundant with fake news, Wu…

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Ex-Deloitte Executive to Raise $150 Million to Build “Ethereum of Supply Chain”

Category: Blockchain, Business, Ethereum, Finance, News, Tech

Ex-Deloitte Executive to Raise $150 Million to Build “Ethereum of Supply Chain”

Eric Piscini, the brains behind Deloitte’s blockchain prowess, has left the company. Currently boasting 1,200 employees, and starting with just three, Piscini was instrumental in scaling the blockchain operation to $50 million. Now, he has stepped down and decided to travel a different road. A Bright Future As per a report on May 14, 2018, Piscini was frequently approached and…

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Singapore and Hong Kong Emerging as the World’s Top Crypto-Friendly Cities

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Singapore and Hong Kong Emerging as the World’s Top Crypto-Friendly Cities

After China implemented a blanket ban on cryptocurrencies in 2017, Singapore and Hong Kong have emerged as the leading business-friendly destinations for East Asian crypto companies aiming to raise funds via Initial Coin Offerings (ICOs). Singapore Becoming a ‘Hub’ For Crypto Businesses Anson Zeall, chairman of Association of Cryptocurrency Enterprises and Startups in Singapore, informs that while it may be…

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Siafund Tokenized Security Offer (TSO) Goes Live

Category: Altcoins, Blockchain, Finance, News, Tech

Siafund Tokenized Security Offer (TSO) Goes Live

Siafund, the pre-mined security token of the Sia network has been on sale since April 16, 2018. The event is open to people in Australia, Canada, France, Germany, Israel, Russia, United Kingdom and the United States. A maximum of 750 Siafund tokens are up for this crowdsale, and the total supply of Siafund is capped at 10,000 tokens. Siacoin and…

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Investors Shy Away from ICO to Fund Plaza Hotel Purchase

Category: Altcoins, Business, Finance, ICO News, News, Regulation

Investors Shy Away from ICO to Fund Plaza Hotel Purchase

It can be argued that Initial Coin Offerings (ICOs) have become popular crowdfunding means not just within the crypto community but in the mainstream world of finance as well. 2017 saw an astronomical increase not only in the number of crypto fundraising platforms but also in the amount of capital that they were able to raise. This invariably led to…

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FundCru Supports Cause-based Fundraising through the Blockchain

Category: ICO News

FundCru Supports Cause-based Fundraising through the Blockchain

FundCru is a blockchain-powered fundraising platform, which distinguishes itself from the traditional fundraising system. The platform integrates blockchain technology to stimulate caused-based funding. Constraints on Traditional Fundraising Platforms Conventional fundraising platforms typically funnel fiat donations directly or through a barter system where products and services are exchanged for donations. Moreover, these platforms generate donations by partnering with businesses, individuals, groups…

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What’s “All of the Fuss” About China’s ICO Ban?

Category: Commentary, News, Regulation

What’s “All of the Fuss” About China’s ICO Ban?

The explosive growth of Initial Coin Offerings (ICOs) have been one of the hottest news stories of 2017. These asset instruments allow organizations to raise investment capital through the sale of homegrown cryptocurrencies, that can be traded for cash or other forms of digital currency. The September 4 announcement, however, of an ICO ban in China caused a momentary global…

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$36 Million in 24 Seconds

Category: Altcoins, Finance, News, Tech

$36 Million in 24 Seconds

The Initial Coin Offering (ICO) has been so-often called a scam, hype or frenzy – but it keeps being crazily successful in funding projects. On May 31, Brave made a new ICO record with its Basic Attention Token (BAT); it sold 1.5 billion tokens for roughly $36 million – in just 24 seconds. With this, the browser has enough money…

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ICONOMI ICO Surpasses 10,000 BTC, Guaranteeing Investment Fund Seed Capital

Category: Business, Finance, News

ICONOMI ICO Surpasses 10,000 BTC, Guaranteeing Investment Fund Seed Capital

Ever since the ICONOMI ICO kicked off a little while ago, there has been great interest in the project. The team has reached some significant milestones in the meantime, including surpassing the 10,000 Bitcoin mark for the ICO itself. At the same time, they also guaranteed seed capital for the ICONOMI.PERFORMANCE fund. Surpassing the 10,000 Bitcoin mark during an ICO…

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