ICOs 

Colorado ICOs | Regulators Stop Another 18 ICOs

The US federal authorities are strict against ICOs, or initial coin offerings. Projects are being shut down before they can even get started and this is now happening at State level. Colorado ICOs Shut Down Four more ICOs in Colorado were put on notice on Tuesday. This brings the total number of ICOs stopped by the state’s bodies to 18 this month. That number is expected to reach 20 as the Colorado Department of Regulatory Agencies hinted that two more ICOs are pending. The state’s ‘ICO Task Force’ is investigating…

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Token Sale Fails | Why Some ICOs Don’t Have a Chance

Last year was quite a run for cryptocurrencies. Led by a crazy run by Bitcoin but also boosted by ICO funding craze. The media kept the eye-popping amounts some of these companies were raising via token sales in the headlines which created a feeding frenzy that hasn’t really slowed down yet. To many, it certainly must have seemed like a quick, easy way to raise funding. The reality is that it’s difficult and very expensive to run a successful ICO, and with each passing month, it gets even tougher. Fortune…

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Are 80% of ICOs Scams?

Back on March 21st, Sherwin Dowlat posted an article via Medium titled “ICO Quality: Development & Trading.” Dowlat is a researcher, apart from the Static Group LLC that bills itself as an “ICO Advisory firm” based out of New York. Along with his partner, Michael Hodapp, they have constructed a rubric for how ICOs can be classified and ranked. The ICOs are broken down into 6 groups: Scam, Failed, Gone Dead, Dwindling, Promising, and Successful. I don’t quite understand the reason for the six, but there are six groups, none-the-less. Let’s…

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Is Japan Legalizing ICO’s? | Country Proposes Guidelines

Is Japan Legalizing ICO’s? Japan has now proposed guidelines with the view of legalizing ICOs in the country. The proposal comes from the ICO Business Research Group, a Japanese government-backed group that’s part of the Center for Rule-making Strategies (CRS). The group released a report recently that offers “rules needed to establish ICO as a sustainable financing method.” The report states: “ICO is still in its infancy and has no industry practices yet. Appropriate rules must be set to enable ICO to obtain public trust and to expand as a…

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80% ICO Scams | Statis Group Releases Study on ICOs in 2017

ICO scams: The ICO advisory firm, Statis Group, just announced its recent study that showed that nearly 80 percent of initial coin offerings (ICOs) held in 2017 were scams. The study took into account the lifecycle of ICOs, from the initial proposal of sale to the most mature phase of trading on a cryptocurrency exchange. The study found: “On the basis of the above classification, as a percentage of the total number of ICOs, we found that approximately 78% of ICO’s were Identified Scams, ~4% Failed, ~3% had Gone Dead, and ~15% went…

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