OverFuture launches IPO of tokenised shares on blockchain in Swiss first

Switzerland-based OverFuture SA is said to be the first Swiss firm that has been allowed to incorporate for an initial public offering (IPO) of tokenised shares on blockchain.

According to OverFuture’s IPO prospectus, an offering of 8,399,000 “common equity share security tokens” on the Ethereum blockchain, with smart contracts provided by with European digital assets exchange, EURO DAXX, will see the offering price at €1.25 ($1.38) per share.

OverFuture’s...

HEdpAY CEO Vicken Kaprelian: On trust, ICOs, and revolutionising banking through blockchain

When it comes to blockchain, trust is a vital construct – not just for the technology to be accepted, but for the players at both ends of the ecosystem. HEdpAY, an innovative startup with offices in the UK, Canada, Italy and Lithuania, has a vision of creating transparency in banking. It is one of the foundational elements underpinning the promise of blockchain technologies. And according to Vicken Kaprelian, founder and CEO of HEdpAY, while some consumers still trust banks, many more are...

SEC conjures up HoweyCoins ICO hoax to warn investors of bad actors

“Combining the two most growth-oriented segments of the digital economy – blockchain technology and travel – HoweyCoin is the newest and only coin offering that captures the magic of coin trading profits and the excitement and guaranteed returns of the travel industry.” Sound too good to be true? Well, it is. HoweyCoins is a fake, created by the SEC to raise awareness of scammers and malpractice among ICO token sales. Anyone who clicks on the ‘token sale’ button gets...

The RightMesh token sale was targeted by scammers – Here’s what they did about it

RightMesh - token sale security

ICOs and token events are increasingly being targeted by scammers and hackers looking to exploit the company and its potential investors. RightMesh experienced this during their pre-allocation token generating event in February and managed to successfully combat the attackers. The token event was initiated in order to provide funding for the company’s platform. The company wants to incentivise people to share their excess internet capacity to those who lack access. The aim is to increase...

Building trust in an ICO

Building trust in an ICO

2018 is set to be an even bigger year for Initial Coin Offerings (ICO) than 2017, with more and more startup’s turning to the fundraising method to remain in control and transparent in the process. According to a report by CNBC, around $100million a month is raised via ICO’s, showing the demand is increasingly prominent between investors and individuals. However, as with many emerging trends, ICOs have been met with some scepticism and criticism. Before new businesses start jumping on...

Why a lack of creativity can lead your ICO to failure

Lack of creativity can lead to ICO failure

It is without question that ICOs have proven to be a growing trend that has been present throughout 2017 and into 2018. As more and more ICOs make their way onto the market, some legitimate and some less so, not all ICOs are destined for success.

In fact, many projects fail within the early stages due to either poor management or no forward planning from those running the campaigns.

There are many ways that ICOs can undergo...

Using cryptocurrency to reward conscientious shoppers with Shping

Shping - global cryptocurrency reward scheme

Shopping is an activity that unites the vast majority of people on this planet. The global system that has developed to meet humanity’s need for goods and products is a labyrinth of companies, regulations and supply routes connecting manufacturers in one part of the world to consumers in another. More and more, consumers want to know where the products they buy come from, and the processes under which they were made. Getting hold of this information, however, can be a difficult and...

Standing out from the crowd: the perfect ICO structure

The ICO are becoming an increasingly popular way for new companies to raise investment. The first known ICO was run by Mastercoin in 2013, swiftly followed by Ethereum, which raised an astonishing 3,700 BTC in its first 12 hours. Worth $2.3 million dollars at the time, current Bitcoin values would put that stake at well over $50 million at the time of writing! It was only last year that the ICO craze exploded into the public sphere. In May 2017, the ICO for a new web browser called...

Kodak launch blockchain platform and cryptocurrency

Kodak - blockchain and cryptocurrency

Shares in photo firm Eastman Kodak have been sent rocketing up over 100% by news that the company will be launching a blockchain platform and a cryptocurrency. The company announced that it will be teaming up with Wenn Media Group for the ICO. The blockchain platform, title KODAKOne, is aimed at creating an encrypted ledger of photography ownership rights. Photographers will be able to register both new and old licenses on the platform. “For many in the tech industry,...

How do companies value their ICOs?

WINGS - Valueing ICOs

2017 will be known as the year of the ICO. Relatively unknown before, the practice has exploded into the mainstream consciousness in the last 12 months. Hundreds of companies have issued their own tokens as a way of raising money, and investors have poured millions into a huge range of projects. But how does a company go about valuing themselves for an ICO? Some of 2017’s top ICOs have turned to WINGS to determine how much money to raise. Take Bancor for example: before the company raised...