ICO
DeFi News
Looking for a Bullish Signal? Fidelity and HSBC Shrug Off Crypto Angst and Scale DeFi Offerings
In 2017, the ICO boom helped propel crypto assets to record levels only to fall almost as precipitously. With that history it is perhaps only natural that 2020-21’s extraordinary increase in activity has been greeted by mainstream attention, albeit with some hesitancy from media commentators who are yet to be convinced that the crypto-sphere is…
DeFi News
Ethereum OG Raises $18M With First Reversible ICO
Reversible ICO (rICO)—the latest brainchild from Ethereum dapp developer and ERC 20 creator Fabian Vogelsteller—is a new model for ICOs (Initial Coin Offerings used to fundraise for start-ups) where investors reserve tokens instead of buying them outright. Returnable tokens This new fundraising mechanism allows investors to reserve and buy tokens over time, and “return” reserved…
DeFi News
Clock Starts Ticking for Filecoin Investors to Cash Out
Filecoin had a record breaking $205M token sale in the 2017 boom days, promising to bring decentralized file sharing to the world, but all investors had to show for it in the three years since, was FIL token IOUs as the project repeatedly delayed its launch. The day finally came yesterday, and for many, it…