Archive | fundraising

IPOs vs ICOs

There has been some discussion regarding the difference between initial coin offerings and initial public offerings. It is evident the two have some degree of similarity on paper, even though they are two entirely different concepts in reality. In fact, one could argue the two ideas couldn’t be further apart from one another right now. IPOs and ICOs […]

Top 10 Cryptocurrency ICOs of 2017 (So Far)

ICOs have rapidly become the new standard method of raising funds for cryptocurrency startups and enthusiasts. Although not every ICO raises its minimum goal, most projects have had no problem selling all the available tokens quickly. Throughout 2017, we have seen some major cryptocurrency ICO projects raise a lot of money. Below is a brief overview […]

Chinese Blockchain Industry Issues Guidelines for ICO Fundraising

Following the recent spate of multi-million dollar cryptotoken crowdsales, ICOs have emerged as a new method of effective fundraising. As the number of projects opting for the ICO route of investment continues to rise, the Chinese blockchain industry associations have come up with a set of guidelines for such initiatives. According to reports, six different […]

Private Schools for Kids Are Now Accepting Bitcoin for Tuition

Over the last few years, there have been many colleges and well-known universities all across the world that have started accepting bitcoin. Alongside paying for a higher education with bitcoins, now people can utilize the decentralized currency at private daycares and schools that offer the Montessori educational approach for children. Also read: Most Popular Contactless Smart Cards […]

Blockchain Raises $40 Million from Google Ventures, Virgin Group and Others

Blockchain — the cryptocurrency startup, known for its Bitcoin wallet and block explorer has announced yet another successful funding round. The company has raised a sum of $40 million in the investment round led by Lakestar venture capital. Other prominent names joining the round includes Google Ventures (GV), and Virgin Group’s Richard Branson, Nokota Management, […]

Coinbase on a Lookout for Additional Funds

The leading Bitcoin wallet and exchange platform, Coinbase is on a lookout for investors. The cryptocurrency company is said to have embarked on a fundraising mission, with the intention of raising about $100 million. According to reports, Coinbase’s latest fundraising round is the biggest ever for any cryptocurrency business. Founded by Brian Armstrong and Fred […]

Bitcoin and Altcoins Have Changed the Way Startups Raise Funds

Cryptocurrencies are now finding an attractive use case in the startup ecosystems., But this time it doesn’t concern Bitcoin or other cryptocurrency related products and services. Many technology startups across the world are gradually shifting to cryptocurrency crowdsales and ICOs for raising the much-required funds. The ICOs and crowdsale, where individuals and institutions opt to […]

The One Man Supreme Court Bitlicense Battle Begins in Two Weeks

This past March reported on a single Bitcoin entrepreneur taking the New York Bitlicense to court due to the law stifling digital currency businesses and constraining regulations set forth by the New York Division of Financial Services (NYDFS). Now the French national, Theo Chino is taking the case to the Supreme Court with the […]

Thailand’s National Stock Exchange is Building a Blockchain Market

Thailand’s national stock exchange is reportedly planning to launch a blockchain-based market through which startups can raise money. The Bangkok Post and DealStreetAsia report that the Stock Exchange of Thailand (SET) is looking to launch such a market before the end of this year, with the third-quarter of 2017 eyed as a more specific launch period. According […]

Synereo Raises $4.7 Million, Continues to Expand the Team

Israel-based blockchain company Synereo has received a boost in the form of $4.7 million funding. The successful crowdfunding campaign involving the sale of its equity and AMP crypto tokens was announced by the company earlier yesterday. Synereo is known for developing a decentralized tech stack including its own blockchain infrastructure called Rchain along with Special-K […]

Factom Raises $4.2 Million in Series A Investment from Draper Associates

The leading blockchain based data management solutions provider, Factom has received another round of funding. The platform has announced the successful closure of its Series A fundraising round totaling $4.2 million in its latest press release. According to the company, the Series A fundraising round was led by Tim Draper of Draper Associates, a well-known […]

Should Tencent Look Into Bitcoin For Chinese Charity Fundraising Efforts?

Charity is a growing sector and one where bitcoin could make a significant impact. Technology giant Tencent is currently donating 2% of its profit to charity, as the usage of mobile internet is growing in China’s philanthropy sector. Moreover, new legislation in the country makes it easier for approved companies to raise and manage funds […]

Synereo Launches Fundraising Campaign after Destroying Holdings worth $146m

Decentralised social network Synereo yesterday announced the launch of its second fundraising campaign, in which it plans to sell a limited amount of company’s equities and native cryptocurrency AMP to general public. The campaign means to compensate for 50% of Synereo’s AMP holdings that were recently destroyed following a strategic decision. The Tel Aviv-based blockchain […]

Ripple Raises $55 Million From Banking Institutions

Ripple, the blockchain platform for the banking industry has announced the closure of a successful fundraising round. In this second investment round, the platform has raised $55 million from multiple investors. The US-based Ripple platform is known to offer blockchain based cross-border payments technology for banks. The technology enables banks to transfer funds to branches […]