Category Archives: Crypto Crowdsales
CrowdWiz successfully raises over $5 million in its pre sale to bring democracy to investing by cutting out the middleman
TALLINN, ESTONIA, October 20, 2017 — CrowdWiz, a fully decentralized crowd wisdom powered investment platform, has successfully raised $5,389,945 in its public pre sale for the WIZ token. CrowdWiz has also released a demo of an alpha, that shows how the platform will operate. The public presale for the WIZ token will be followed by an ICO on November 20. CrowdWiz democratizes the investment industry, giving the power back to the people, and reducing the power of financial institutions like banks, funds, and exchanges. These institutions work as a monopoly, burdening users with high fees under a protective umbrella provided by the regulatory system. CrowdWiz plans to change all this by adding democratic features to the investment process.
CrowdWiz is powered by Krypton Software, a division of leading fintech software company, TRADOLOGIC. The fintech software giant recently launched this cryptocurrency division, with a team of over 60 dedicated personnel and an existing backbone that transacted over 3 million items/actions.
CrowdWiz is an entire ecosystem that shifts the power away from intermediaries, who may have conflicting or undisclosed personal interests, and puts it back where it should be – with the investors themselves. The platform uses the wisdom of the crowd to make investment decisions, as under the right circumstances large enough groups tend to make remarkably good decisions and are often smarter than the smartest people in them. Thus, the wisdom of the crowd produces the best and most promising company to invest in.
The platform solves the problems associated with traditional investment funds, which often include high entrance costs, large fees, and little to no transparency. The ethereum based platform offers its users:
- Little to no fees
- Complete transparency
- Self governance on a democratic investment platform
- The ability to vote and join smarter investments
- A safe place to invest, as the crowd can protect itself from fraud
- The ability to profit from financial services
- Multiple uses for the WIZ token – investment, trading, insurance, lending, etc.
Trade on the platform will be processed via the WIZ token, which will enable token holders to fund, invest, vote, propose, open their own investment funds, decide the nature of the tradable goods within the ecosystem, and more. For simplicity of use, the platform offers several easy to use tools and apps with a robust set of functions: WizFund Platform, WizVote, WizExchange, WizTrader, WizInvestment, and WizStore
CrowdWiz’s public pre sale lasted for 72 hours, giving participants to the pre-sale the option to get an exclusive 20% bonus of the token. The demo alpha shows how WIZ holders will be able to create IFOs, invest in funds, participate in investment crowds, and more using the token. Additionally, CrowdWiz has partnership with TaaS Fund, a fund that specializes in ICO investments, as well as the first ever tokenized closed-end fund dedicated to blockchain assets.
“We are thrilled to announce that CrowdWiz has already raised over $5 million in its presale,” said Slavena Savcheva, Co-Founder and and Head of Business Development & Marketing for CrowdWiz. “The proceeds raised in the presale will go towards the development of the WizFund Platform, the first of many steps in democratizing the investment process.”
Founded in 2017, CrowdWiz uses a crowdsourced decision making process as an alternative to traditional investment funding. Using the wisdom of the crowd, rather than fund managers, banks or middlemen, CrowdWiz is a decentralized and completely transparent crypto investment platform based on the ethereum protocol. The platform is powered by Krypton software, a division of leading fintech software company, TRADOLOGIC. Users of CrowdWiz will use the company’s WIZ token, to vote on specific assets they want funded . The platform then distributes the funds based on the majority opinion of the crowd. CrowdWiz solves some of the issues associated with traditional funds today, such as high entrance costs and large fees. CrowdWiz hopes to make the trading process not only fun and easy, but also efficient, profitable, and completely transparent.
Bittrex Statement On Banned Accounts / Infographic On Failed ICOs / Huobi To Support Both BTC Chains
Bittrex Statement On Banned Accounts / Infographic On Failed ICOs / Huobi To Support Both BTC Chains
Source: The Cryptoverse
- The waiting list has grown to $3MM in 7 days
- Pre-sale period begins at 14:00 on 6th November
- Register at https://sharpe.capital/ now for 10-30% discounts on offer
London, UK – October 06, 2017 – Sharpe Capital, a machine learning and linguistic analysis company, developed by scientists from the University of Oxford and UC Berkeley in collaboration with experienced capital markets experts, has filled the available $8 million allocation for their pre-sale, with a month to go before the pre-sale begins on November 6th. Sharpe Capital is now accepting waiting list registrations, to which un-purchased SHP tokens will be offered on a first-come, first-served basis.
There has been an explosion in interest in Sharpe Capital following the revelation of an advisory partnership and co-operation agreement with Token-as-a-Service (TaaS), the first-ever tokenized closed-end fund dedicated to blockchain assets.
Dimitri Chupryna, co-founder and a Managing Partner at TaaS commented: “Sharpe have developed a unique approach to evaluating market insight in real-time, in a way that drives significant value for both sentiment providers and investors using the data. To have filled their $8 million pre-sale so far ahead of launch is fantastic; we are very pleased to support Sharpe and their vision”.
Ben Lakoff, co-founder of Intelligent Trading Technologies and capital markets advisor to Sharpe Capital said “Sharpe Capital’s innovative prediction mechanism combining wisdom-of-the-crowd with cutting edge linguistic analysis will provide real value for hedge funds and investors. To have seen such high demand for their product and token at an early stage is a fantastic achievement.”
The waiting list grew to over $3MM in the 11 days following the white list closure. Interested participants are encouraged to register their planned contribution on the waiting list on the Sharpe Capital website as soon as possible to maximize the likelihood of obtaining the 10-30% discounts on offer.
Lewis Barber, co-founder and CEO, commented: “We’ve seen overwhelming community support for the Sharpe Platform, to have filled our pre-sale white list a whole month to go before the sale begins is fantastic. We can’t wait to deliver an exceptional product to our supporters.”
Sharpe Capital is seeking to raise $20 Million through SHP issuance in November. Sharpe Capital will issue a SHP tokens via the Ethereum blockchain during a 7 day discounted pre-sale beginning 6th November, with a cap of $8MM. This will be followed by a 28 day crowd sale, with a total cap of $20MM USD.
SHP permits participants to provide sentiment, table motions and vote on the direction of Sharpe Capital’s development through a unique community governance model, and enables institutional investors to access their cloud-based quantitative trading model tools. The live beta web application will allow participants to begin earning ETH as soon as the token sale closes, on 11th December 2017. Sharpe Capital will also operate a proprietary investment fund, both in global equities and blockchain assets, with plans to issue a derivative token instrument tied to the performance of an algorithmic enhanced index fund in Q1 2019.
About Sharpe Capital
Sharpe Capital is a FinTech organization developing a platform to crowd-source market sentiment on global equities and blockchain assets, paying service fees in Ether to users in return for their insight. Supplemented with cutting edge, machine learning-driven linguistic analysis and quantitative trading strategies developed in collaboration with leading academic partners, Sharpe Capital aims to deliver best-in-class data-feeds for use by investors. Sharpe Capital was founded by CEO Lewis Barber and CIO Dr. James Butler, supported by Chief Technology Officer Israel Colomer, Systems Engineer Dan Pilch, and Lead Developer Ali Bros. Partners include TaaS, legal counsel Lewis Silkin LLP, financial services provider Bitcoin Suisse AG, and security auditors Codecontext.
REALIST NEWS – Future of ICOs – Get Rich Quick or Wait It Out?
Fiinu, the bank founded by successful tech entrepreneur Marko Sjoblom, launches its pre-ICO for one month before the full ICO launch on 10th November 2017. The Fiinu ICO will be one of the most credible, safest and secure ways for investors to have exposure to digital currency technology.
Fiinu will become a bank utilising new technologies to provide better banking services for those who are currently under-served. Users of crypto-currency will benefit from a single account for both sterling and crypto-currency use, and will be able to drawdown crypto-currencies into sterling (and other currencies) for a fraction of the current market rate. Additionally, customers currently being under-served by the incumbent bank’s archaic credit rating system will finally be able to access services designed to lower the cost of banking and improve the quality of financial products.
The company is undertaking positive discussions with regulators whilst applying for a full UK banking licence. Fiinu will become a bank utilising new technologies to provide better banking services for those who are currently underserved. Whenever Fiinu sees a service failure in the banking market, it will look to solve it through the innovative technology.
Upon receiving its banking licence (scheduled for the end of 2018) and becoming profitable, investors will receive highly competitive returns on their investments, compared to investing in the shares of incumbent banks. In addition, Fiinu Coin (FNU) will offer a number of highly beneficial privileges:
- 33% of retained profit will be distributed to FNU holders every year;
- FNU can be borrowed against. Once authorised, Fiinu will grant credit in sterling, for up to 75% LTV against FNU, starting with UK-residents;
- Services will include innovative smart credit products and budgeting tools.
Fiinu will use up to 10% of the raised funds as working capital, while the remaining invested funds will be protected in an escrow arrangement until Fiinu receives its banking licence. If the banking licence application is unsuccessful, all Ether (ETH) in escrow will be returned to investors, with a minimum 90% money-back guarantee.
A registered UK company, with corporate governance and transparency at the heart of its operations, Fiinu builds upon the legacy of its experienced leadership team in running successful UK financial services companies. The company has also received independent legal advice to oversee its business plan and structure, and is in constant dialogue with UK regulators as it progresses through the banking licence process.
Commenting ahead of the pre-sale, Fiinu Founder and CEO Marko Sjoblom said:
“This is an exciting opportunity, not just for Fiinu and its investors, but for the wider banking industry. Upon receiving our banking licence, Fiinu will become the first UK blockchain-friendly bank approved by the Bank of England. Upon launch, Fiinu has a number of exciting products and services which will help those who have been ignored by their banks for too long. This includes lending against an individual’s crypto-based assets, as well as the world’s first Bank Independent Overdraft. We have one simple aim, making your money work for you. Investors in our ICO will become part of Fiinu’s story that sees the power of technology used to tackle failures in the market and provide better banking services to all customers.”
Andy Briscoe, Chairman of Fiinu commented:
“UK banking is going through a period of rapid transformation and I am excited to see that new entrants like Fiinu want to use technology to help those people who feel excluded from the benefits of financial services. However, a key part of this banking revolution is ensuring that the customers are protected when using such products. Fiinu, thanks to the leadership team’s advanced understanding of these new technologies, will be able to fill gaps in the market of current banking services, while ultimately ensuring that customers clearly know how its products work and ultimately helping them manage their money better”.
Fiinu is a fintech start-up in the process of applying for its full UK banking license.
The ambition is to become a blockchain friendly bank that provides financial services to people and small businesses that feel excluded or underserved by the existing financial service sector. There is a growing demand for banks that will promote and assist individuals and businesses sporadic needs to access centralised banking services and Fiat money. Through the innovative FIINUSCORE™ credit rating system, we take into account factors about an applicant that the traditional credit referencing methodology does not. We are able to lend responsibly to consumers and small businesses against crypto–based assets and help their short-term credit needs with overdrafts whilst encouraging financial resiliency. Fiinu aims to be the bank that helps people manage their money better.
Fiinu is currently in the application process for its full UK banking license and therefore not yet open to customers
Fiinu is proud to announce the appointment of Katrina Arnold and Jeegnasha Rawal to its board as Non-Executive Directors. The knowledge and experience they bring will ensure that Fiinu continues to keep corporate governance and transparency at the heart of its offer, throughout the ICO and banking licence application and beyond.
Katrina was the former Global Head of Regulatory Compliance Monitoring and Testing and Global Head of Anti-Bribery and Corruption for HSBC’s Global Banking and Markets business. She has gained significant experience of anti-money laundering requirements as a senior management executive in HSBC’s Financial Crime Compliance Department, and before that as a Senior Associate at the Financial Services Authority and at the Bank of America as a Principal (Senior Vice President). She brings to Fiinu a deep understanding of reputation risk and its mitigation, as well as interaction with international regulators and government authorities.
Jeegnasha’s previous role was Chief Financial Officer at Vitality Life. She has over twenty years’ experience in financial services and recently has been establishing the new finance function for Vitality Life following its separation from Prudential. She is an accomplished and internationally experienced Chartered Management Accountant and will provide unrivalled insight for leading ground-breaking initiatives to improve competitiveness and increase ROI.
Blockchain-based bank for the global microeconomy adds additional expertise as they prepare to begin their token sale in late November.
LONDON, 04.10.17. Blockchain-based banking startup BABB has today announced that it is augmenting its technical team with the appointments of entrepreneur and fintech expert Jorge Pereira as CTO, and Adi Ben-Ari as Lead Technical Adviser.
The appointments come as the company approaches its Token Sale in late November, proceeds of which will fund the further development of the world’s first blockchain-based bank account.
As CTO, Jorge Pereira will bring with him a wealth of technical leadership experience across the payments and cryptocurrency space. Jorge will be leaving his position as Chief Technical Officer and Executive Vice President at FinTech startup Uphold to join BABB. He is also Founder of digital product development agency Seegno, where he continues to serve as Advisor.
Jorge has deep expertise in development of financial services products and technology, including key areas for BABB such as cryptocurrencies, distributed ledgers, regulatory compliance, KYC/AML, data analysis, security and risk mitigation.
Adi has been extremely active in the blockchain space for a number of years, having co-founded Applied Blockchain and number of other blockchain startups. He will advise BABB on delivery of a digital solution for BABB token buyers to pre-register and undergo KYC ahead of the token sale. He will also help to deliver the BABB app itself, having overseen delivery of over 15 blockchain solutions from startups to large corporates.
BABB represents the future of banking: offering everyone across the world access to a UK bank account, easily and instantly using their smartphone app. BABB is built on blockchain technology and uses biometrics to create digital identities for all participants and connect people across the globe. BABB’s goal is to reach every underbanked person in the world, totalling over 50% of global population, to catapult them into a new era of total economic participation.
Based on a private permissioned blockchain implementation of a distributed ledger using smart contracts technology, the BABB platform uses biometrics to deliver slick and secure UX, using AI/ML and data analytics to optimise match-making and control risk. The platform gives customers greater control and lowers the cost of banking for all, with P2P to decentralise some financial transactions while providing other banking services at a low cost, making micro-transactions economical.
“We are delighted to welcome Jorge and Adi to the BABB team,” said Averroes. “As we approach our token sale and the next stage of our journey in the development of the world’s first blockchain-based bank account, technical leadership has never been more important. We believe that the experience and expertise of our new CTO and Lead Technical Adviser will enable us to continue to build strong technical foundations to realise our vision.”
BABB’s token sale will take place in late November and the company anticipates launching its banking app before the end of the year. Anyone interested in finding out more can attend the BABB token sale launch party or pre-register for updates via the BABB website.
4th October 9:00,AM EST
1KCY = $0.10
KickCity proposes a decentralized, trust and value community building platform. Imagine a decentralized community, with its own laws & regulation supported by Smart contracts as well as Token economy. The company already generates significant revenue.
By creating incentives for the end users to switch to platforms that work on blockchain, KickCity will lead mainstream crypto transactions using its decentralized reward-base P2P event marketing protocols. The Network effect will bring more than 5 million crypto-transactions as early as next year.
The team is made up of great engineers with working experience in Google, Facebook, Yandex (Russia) etc. Y Combinator startup school alumni. The startup has innovative products that currently generate revenue. KickCity has offices in Delaware, Houston, Helsinki, Moscow and Saint Petersburg.
-KickCity is being advised by experienced entrepreneurs and successful business people. Some of them include,
Project & Product at WINGS DAO
CEO of Never Stop Marketing, has 20 years of international marketing experience
East Coast Editor at TechCrunch
Visit the website to see more.
KickCity has partnership with:
- Bancor – KickCity token is a smart token
- Wings – KickCity will be on wings platform for forecasting.
Pre-ICO tokens are limited. KickCity tokens successfully passed the Howey test. The KCY tokens are not securities. KickCity’s smart contracts were audited and will be used for this pre-ICO.
Crypto Market Recap: SEC forms “Cyber Unit”, Omise Partners with Mcdonalds
Hedge Token, is launching the first official Crypto Indices, based on professional investment-grade rulebooks, like STOXX and the S&P Index suite.
Why the Rulebook?
Objectivity and discipline are the main functions of the rulebook. Investors know what they get, from day one. A set of well-defined guidelines and an expert index committee to handle extraordinary unforeseeable events, the index is built and maintained in a manner that is reliable, predictable and comprehensive for all parties.
Incorporated in Zug – Switzerland
Incorporation of the Hedge Project in Switzerland, a Crypto friendly destination, ensures the highest KYC standards, while protecting investors’ identity in the most prudent manner. This allows the product offering to reach institutional investors, meet legal frameworks, and bolster networks and Hedge Tokens’ reputation in the crypto world. Being located in Zug, Switzerland, gives Hedge Token access to key resources, personnel, markets and technologies.
Investing in Crypto has never been so simple.
The average investor who has no IT or financial product background will be able to transact effectively on the Hedge Token Platform. Our dedicated team of experts, advisors, legal counsel and analysts have meticulously studied the average crypto investors’ investment patterns and difficulties. Lack of diversification presents the main difficulty i.e. a ‘homemade’ crypto portfolio concentrates risk. This is time-consuming, costly and illiquid, in times of uncertainty. Hedge Token, has been creating the first buy-the-crypto-market-with-a-
A real-time, fluid, rulebook based approach to conventional crypto portfolios is what the maturing crypto market needs. Having Crypto Traded Indices™ on the Hedge Token Platform guarantees liquidity in times of stress, cost-effectiveness, security, compliance with KYC trading standards and is as easy as email- all at your fingertips.
Strategic Partnerships – Rialto.ai
Rialto.ai (XRL), a pioneer in arbitrage and market-making, has partnered with Hedge Token to provide direct access to crypto markets using its proprietary algorithms and competitive edge. Our complementary business models are the basis for mutually-beneficial cooperation, now and in the future.
Source of Information: Hedge Token
REALIST NEWS – Bitcoin Dumps On Massive Volume As China Plans To Shut Local Exchanges