American five-division world champion professional boxer Floyd Mayweather Jr. has just used social media photo-sharing app Instagram to promote an upcoming initial coin offering for Stox, a prediction market platform that is launching its crowdsale on August 2. Continue reading
As an initial public offering where the company sells its shares on a financial market, an ICO (Initial Coin Offering) allows a company to raise capital from multiple sources. But instead of issuing shares or bonds, the company sells tokens created using Blockchain technology to raise funds for a new project by distributing a percentage of their tokens in the cryptocurrency market. Continue reading
American billionaire, businessman and Dallas Mavericks NBA franchise owner Mark Cuban is about to participate in his first ICO (Initial Coin Offering). Continue reading
Are you a crypto millionaire? If so, you probably bought into cryptocurrencies like Bitcoin and Ethereum very early. Early cryptocurrency investors in Ethereum saw their coins rise from $0.37 USD during the initial crowdsale to $380 USD today. A small $10,000 investment would be $1 million dollars today.