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Posts Tagged ‘Token’

Prime Trust Enters Crypto Custody Race, Will Hold ‘Any’ Ethereum Token

Prime Trust, a small U.S. financial institution that’s played a behind-the-scenes role in several dollar-backed cryptocurrencies, is entering the hotly competitive crypto custody business. Revealed exclusively to CoinDesk, the Nevada trust company quietly began offering cold storage for bitcoin in mid-July, and will announce next week that it can also handle custody for ether and any…

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Messaging Giant LINE Launches $10 Million Token Venture Fund

Japanese messaging giant LINE has launched a token venture fund with a capital commitment of $10 million via its recently established subsidiary called Unblock Ventures. The publicly traded firm announced the fund in a release on Wednesday and said it aims to invest in blockchain startups in an effort to boost technological development. While Unblock…

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Blockchain Encyclopedia Launches as Developers Iron Out Token ‘Challenges’

Cayman Islands-based blockchain startup Everipedia formally launched its peer-to-peer (P2P) encyclopedia August 9, a press release confirmed. Designed to be an “autonomous encyclopedia without the need for advertisements or donations,” the project uses the EOS network to function and will reward curators with its own token, dubbed “IQ.” Co-founder of Wikipedia turned Everipedia CIO Larry…

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Regulated Trader Templum Hosts Security Token Sale for Luxury Resort

Token trading platform Templum Markets has launched a sale of a security token on behalf of a popular Colorado resort. Accredited investors can now indirectly own shares in the St. Regis Aspen Resort by purchasing so-called “Aspen coins” through the regulated broker, the company announced Wednesday. Aspen coins represent shares in the resort through a…

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Binance Wants $2.6M to List Your Token, Claims Expanse Co-Founder

Binance, the cryptocurrency exchange which often tops global trade volumes, can charge 400 BTC ($2.6 million) to list a token on its platform. Binance Appears To Deny 400 BTC Claim That’s according to Christopher Franko, co-founder of Blockchain platform Expanse, after submitting a listing request to the exchange this month. Binance, which revealed a first…

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Overstock’s tZero Wraps Up Months-Long Token Sale

Overstock.com’s token platform subsidiary tZero is officially ending its security token offering (STO) on Monday night. TZero announced that its STO would end at 11:59 p.m. Eastern Daylight Time, or 03:59 UTC. Further, the platform said “there will not be further extensions,” according to statements. The statement added that “investors with fully executed Simple Agreements…

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BitBay Partners With German Firm to Enable Equity Token Trading with Fiat Currencies

Cryptocurrency exchange BitBay has partnered with a Berlin-based blockchain-powered equity fundraising platform Neufund, according to an August 2 press release. The partnership will reportedly enable investors to buy and sell equity tokens with fiat currencies. According to the press release, Neufund is aiming to become the first end-to-end primary issuance platform for security tokens, specializing…

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Radar Relay Raises $10 Million for Decentralized Token Exchange

Decentralized token exchange Radar Relay has completed a $10 million Series A funding round. The funding effort was led by industry investment firm Blockchain Capital, the startup announced Wednesday. Tusk Ventures, Distributed Global, Reciprocal Ventures, Elefund, Slow Ventures, SV Angel, Kindred Ventures, Collaborative Fund, Breyer Capital, V1.VC, Kokopelli, Village Global, Chapter One and Digital Currency Group…

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Civil’s Token Sale Requires Purchasers To Pass A Test

Civil, the “decentralized platform for independent, sustainable journalism”, will begin its token sale (CVL) on August 13th — but getting in on on the action might be harder than you think. In June of 2017, reports of a decentralized news and journalism platform surfaced, promising customers an ad-free environment where they could read the news…

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How Escrow Platforms Can Create Real Demand and Reduce Token Supply

Supply and demand are two fundamental components of any economy, and their relationship will determine its boom or bust. Token economies are no exception. Leveraging Supply and Demand Whenever the demand for a token increases and the number of tokens in circulation decreases, the result is that the token has a higher purchasing power in…

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