IEO News

In recent years we have seen a rush on the crypto market by investors large and small, drawn to the promise of colossal rewards by a plethora of emerging players. What followed was the widely publicized ‘Great Crypto Crash’ of 2018 that led many coins to either fail completely or struggle to recover fully.

French-ICO, which developed a platform for funding projects in cryptocurrency, was the first to be white-listed.

Toward the end of 2017 and 2018, apart from the Bitcoin boom frenzy, another factor that took over the crypto-space was the ICO boom, with projects raising millions and billions of dollars for their ‘blockchain solving real-world problems’ ideas. This, however, gradually faded away with the intervention of several regulatory bodies around the world; the SEC played a vital role in distinguishing several projects as securities offering and imposing a penalty on projects for violating rules.

Venture capital firm Andreessen Horowitz has announced the launch of a startup school for entrepreneurs looking to develop cryptocurrency projects.

Today marks the launch of what is most likely the first ever blockchain-based initial public offering (IPO), with the national stock exchange of the Seychelles selling tokenized shares in its equity to investors worldwide.

CasperLabs, a startup building an open-source blockchain platform aimed to achieve scale without sacrificing decentralization, has raised $14.5 million in a Series A funding round.

Led by Naspers, Blockchain.com Ventures, and Angel Invest Berlin, dapp data analysis and discovery tool DappRadar announced yesterday the closing of a $2.33 million seeding round. The company said it will use the funds for R&D and to add new services to its site.

Denver-based startup Dapix Inc. has raised $5.7 million in a Series A funding round led by Binance Labs, the company announced Thursday.

Cryptocurrency exchange Coinbase and payments firm behind XRP cryptocurrency, Ripple, are no longer in the LinkedIn's top 10 US startups list for 2019.

Perlin has managed to break all previous Binance Launchpad records for the amount of BNB assets staked by users to acquire PERLs in its Initial Exchange Offering (IEO). Just over USD $330 million in Binance tokens was staked for a chance to get Perlin’s PERL tokens at IEO.

“Initial Exchange Offering (IEO) is losing popularity as few interesting projects appear on the market,”claims EXANTE analyst Viktor Argonov in his comment for LetKnow.News.

The United States District Court for the Central District of California has issued a summons to video game virtual goods company OPSkins Group and Worldwide Asset eXchange (WAX) in response to a complaint filed by Crypto Asset Fund.

A recent report by TokenInsight says that Initial Exchange Offerings, which are definitely not like the 2017 ICO craze in any way, are falling out of favor.

San Francisco-based fintech company Ripple continues to pump XRP into a growing ecosystem of adjacent startups – despite an ongoing legal complaint alleging that XRP is an unregistered security.

It’s now clear that initial coin offerings (ICOs) were a massive bubble. The median ICO return in terms of USD is -87% and constantly dropping.

As Israeli news site Globes reported on August 4, Orbs’ Elad Arad is suing his co-founders Uriel and Daniel Peled for having dispossessed him of his share in the firm, among other charges.

The latest IEO held on Binance Launchpad was also a profitable one, despite the concerns of many that the new format would decrease investors’ returns. The WIN token began trading at 0.00000009 BTC while its IEO price was 0.00000001 BTC.

Ether (ETH) holdings of projects that raised funds via initial coin offerings or ICOs have been steadily declining, according to research from The Block.

Aximetria, a firm offering a personal finance app for both fiat and cryptocurrencies, has been awarded a license from the Swiss Financial Services Standards Association (VQF).

Ethereum co-founder Joseph Lubin could soon be sued by a former employee, according to court documents filed in New York.