Initial Coin Offerings

Ava Labs Increases Public Sale Token Allocation Due To High Demand

  • A total of 72 million AVAX tokens are now available for purchase - at $0.50 and $0.85 a piece.
  • The ICO is set to raise around $40 million, if it hits the hard cap.

Blockchain Data Startup The Graph Raises $5 Million In Token Sale

  • Ethereum data firm The Graph manages to collect over $5 million from their Initial Coin Offering.
  • The company plans on expanding their indexing protocol, allowing for faster and more accurate interactions.

AVA Labs Raises $12M In Private Token Sale, Prepares Public Offering

  • The total amount of funds raised by the project has now reached $18 million.
  • The company is also planning to conduct a public token sale on 8 July, in accordance with the U.S. federal financial regulations.

Block.​One Facing Class Action Lawsuit Over EOS ICO, Again

  • The new class action complaint accuses the firm of taking $200 million from U.S. investors during its ICO.
  • The development comes only months after the firm paid $24 million to the SEC, after an investigation into the ICO.

Another TON Delay: Investors Offered 72% Immediate Refund, 110% in a Year

  • Telegram investors have until the end of the week to decide if they want a 72% immediate refund or 110% on 30 April 2021.
  • If Telegram does not receive regulatory approval by then, it vows to use equity from the company to repay its investors.

£500 Million in Real Estate to be Tokenized by tZERO and the Tezos Foundation

  • tZERO will tokenize the assets, while the Tezos protocol will serve as the base infrastructure to "deploy, transfer and store the digital assets and smart contracts".
  • The first security tokens will represent £20 million in equity of a waterfront development.

SE Digital Becomes Thailand’s First Regulated ICO Portal

  • The new ICO Portal Operator is already planning the launch of its first token offering, with a targeted transaction size of $98 million.
  • Another company, ERX, has also filed for a Digital Assets Exchange License, looking to provide a secondary market for tokens issued through SE Digital.

BitPAC Launches Politicoin ICO to Support U.S. House Candidate

  • There will be no value associated with the token as it will be only for utility, but it will provide its holders with some sort of voting rights further down the line.
  • For now, BitPAC will be supporting only one candidate, Dan Bishop, a North Carolina State Senator.

Celer ICO Concludes, Resulting in Public Disappointment With Binance Launchpad

  • The ICO of second-layer scaling solution Celer, performed on top of Binance Launchpad, has concluded.
  • The buying pressure was by no means unexpected, considering the easy profits, generated by participation in previous Launchpad crowdsales, such as those for Fetch AI and BitTorrent.

Ground X Raises $90 Million in a Private Token Sale

  • According to Jason Han, CEO of Ground X, some of the participants in this ICO round included firms such as IDG Capital, Crescendo Equity Partners, and Translink Capital.
  • According to Bloomberg, Ground X has already partnered with 26 companies that plan to run their applications on Klaytn, the firm's proprietary blockchain network.