Blockchain

Russian cinema goes crypto

Konstantin Khabensky, a famous Russian actor and director, has teamed up with Ilya Zibarev, the ex-chairman of the bank Russian standard, and Nick Evdokimov, the founder of ICOBox, an ICO suport service provider, to launch Cinematix. The news was reported last week by Russian business daily Kommersant. Touted as “the world’s first platform for mass-producing ICOs for …

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Russia prepares for cryptocurrency and ICO regulation

Earlier this week the State Duma, the lower house of the Russian parliament, approved almost unanimoulsy in first reading a bill to regulate digital financial assets, including cryptocurrencies, and ICOs. According to the new law, digital financial assets are not a legal method of payment Russia. The text regards cryptocurrency and tokens as digital property, with the …

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Russian state-backed fund wants to tokenize Siberian diamonds, gold and gas

The Far East Development Fund, which is full owned by state development bank Vnesheconombank (VEB), has partnered with Singapore-based Diamundi to launch of a new cryptocurrency, the ‘D1 Coin,’ backed by Siberian diamonds. Diamonds are a traditionally illiquid asset class, but their tokenization means that anyone will be able to buy, own and sell a fractional …

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Telegram’s blockchain project closer to launch with encrypted user identifcation feature

After completing an oversubscribed ICO, Telegram is internally testing and planning to launch soon a feature of its future Blockchain platform, the Telegram Open Network (TON). As reported by the Russian business daily Vedomosti, this feature, “Telegram Passport,” is meant to identify users based on a copy of their ID document, driver license, bank account …

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Russian startup builds decentralized marketplace to make VR content accessible to all

This story is an excerpt from an industry report on the Blockchain and ICO markets in Central and Eastern Europe, recently published by EWDN and ICObench. Over the last several years, augmented reality (AR) and virtual reality (VR) have have been regarded as promising segments in the entertainment industry, with all major technology firms vying …

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SDVentures invests $2 million in top US Blockchain fund

Social Discovery Ventures (SDVentures), an international technology and investment group with Russian roots, has contributed $2 million to a new $150 million fund launched by Blockchain Capital. The news was reported in late March by Russian online publication Firrma.ru based on its exchanges with SDVentures. Founded in 2013, San-Francisco based Blockchain Capital touts itself as a “the …

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Starta Ventures launches hybrid fund to invest via smart contract security tokens

Starta Ventures, a tech investment group with Russian roots operating internationally, has launched a venture fund with original characteristics. Investors may not only join the new fund, dubbed Starta Capital Fund II, as LPs, they may also take directly their own equity stake in any company in which the fund will invest. This mechanism is …

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How Eastern European startups attract crypto investors and partners in France

Last week in Paris, half a dozen of startups with roots in Russia, Slovenia, Ukraine and Estonia met the French blockchain and crypto community through a dedicated conference and a meetup. Organized by East-West Digital News and its sister company Blockchain-Connectors, with support from local community leaders and media, these events aimed to stimulate knowledge exchanges and …

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Blockchain startup aims to free eSports from the control of major streaming platforms

Update Sept. 27 – Having failed to reach its fundraising target, the BestMeta project is likely to be stopped, industry insiders told East-West Digital News. Still little known outside the gaming industry, eSports – these video gaming competitions usually involving professional players – is among the fastest-growing types of digital entertainment. In 2017, this activity generated …

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Telegram completes the second stage of its giant ICO

Telegram, the popular encrypted messenger launched by Pavel Durov in 2013, has completed second private token sale for its new blockchain project. As much as $850 million have been raised from 94 investors, reported Bloomberg, citing a filing to the US Securities and Exchange Commission published this past Thursday. “Raising the planned amount is a success for Telegram, …

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AB-Chain raises more than $1.8 million to prepare “the cryptocurrency future of advertising”

How will blockchain and cryptocurrency impact the advertising industry? Rather than waiting several years to learn the answer, some entrepreneurs have already begun writing the next chapter in the history of advertising – an industry they hope will continue to be as receptive to technological innovation as it has been in the past. Among these …

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Driven by industry boom, eSports startup Play2live raises $30 million in ICO

As ICO activity shows no sign of slow down in the region, Play2live has announced the completion of a token sale which it claims generated the equivalent of $30 million in less than two months. Launched last year, this startup with roots in Belarus and Russia offers an original approach to eSports in terms of …

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