ICOs

Neuromation raises $50 million through ICO “to democratize the AI industry”

Earlier this week Neuromation, a Blockchain and distributed synthetic data platform for deep learning applications, announced that it sold 60 million of its tokens just eight hours after the start of its public sale. This brings the amount raised during both the pre-ICO and ICO campaigns to the total equivalent of $50 million. Contributors from …

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Telegram plans multi-billion dollar ICO for chat cryptocurrency

Encrypted messaging startup Telegram plans to launch its own blockchain platform and native cryptocurrency, powering payments on its chat app and beyond. According to multiple sources which have spoken to TechCrunch, the “Telegram Open Network” (TON) will be a new, ‘third generation’ blockchain with superior capabilities, after Bitcoin and, later, Ethereum paved the way. The …

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Belarus liberalizes high tech activities: How foreign investors and neighboring countries could be affected

December 22, 2017 could go down as a turning point in the history of the Belarusian economy. That day, the country’s president Alexander Lukashenko signed a law “On the Development of a Digital Economy” which introduces thorough changes in the legislation, aiming to liberalize the high tech sector in the country. A variety of activities …

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Russian cloud gaming startup Playkey raises nearly $11 million in ICO, targets Asian and American markets

Playkey, a Russian startup whose technology allows users to play the latest video games on low-performance computers, raised more than $10.5 million in its ICO which ended on Dec. 1. This amount comes in addition to some $4 million raised during a pre-ICO sale in October. In the course of the ICO, no less than …

Russian cloud gaming startup Playkey raises nearly $11 million in ICO, targets Asian and American markets Read More

Pavel Korolev of Pulsar Venture Capital: “VCs also want ICOs”

Noting venture investors’ rising interest in ICOs, Pavel Korolev, the founder and CEO of Pulsar Venture Capital, analyzes the opportunities and challenges of this new method of financing. While some say that ICOs will break venture funds’ monopoly on startup funding, a growing number of these funds are experimenting with token sale. Since fundraising through …

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“ICOs have a huge potential to finance innovative projects” in Russia, says central bank official

An unusual positive appraisal of ICOs came Tuesday from Russia’s central bank, with the institution’s First Deputy Chairman Sergei Shvetsov expressing hopes that “ICOs will take a rightful place on Russia’s financial market.” “Our country has a tremendous potential of innovations, our students, young people and entrepreneurs have the edge over any country in the …

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Moscow to host major conference on Blockchain and cryptocurrencies (Dec. 8-9)

On December 8-9, Moscow will play host to Cryptospace Conference presented as Eastern Europe’s largest conference dedicated to the Blockchain technology and cryptocurrencies. The event, organized by KICKICO, aims to overcome the localization of standard activities of the Russian crypto community, to bring them to a new level thanks to 40 top speakers from Asia, …

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Russian motor oil manufacturer secures $500,000 in pre-ICO to construct new plant

Polymerium, a Russian brand of auto chemical goods and engine oils, raised $500,000 in its pre-ICO campaign, the company announced last week. The company is planning to use the money “to construct a big plant,” build the franchise network worldwide and fuel the production of its anti-forgery Blockchain-based protection system ArmPACK. ArmPACK is presented as …

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Robomed aims to connect healthcare service providers and patients through smart contracts

Robomed, an international startup with Russian roots which aims to develop a smart contract platform in the field of medical services, claims to have raised $2.5 million in just 24 hours in a closed token pre-sale in late October. The news was reported by Firrma.ru based on exchanges with Robomed CEO Filipp Mironovich. One of the key …

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New Blockchain platform aims to turn Internet time into cryptocurrency

Creative marketers and Blockchain programmers have teamed up to launch mytime, a platform designed to reward online buyers of services for their time. “Our time is finite while the amount of services and content keeps growing. Companies fight for customers’ attention. We offer to turn time into a measurable value and give an efficient tool …

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Russian game streaming startup raises $1.3 million in pre-ICO, Oculus co-founder joins as advisor

Playkey, a Russian startup whose technology allows users to play the latest video games on low-performance computers, has already secured $1.3 million in its ongoing pre-ICO campaign. The news was reported last week by Russian online publication Firrma.ru. The fund were brought by US-based fund Uncharted Capital (Playkey has managed to secure some $300,000 from …

Russian game streaming startup raises $1.3 million in pre-ICO, Oculus co-founder joins as advisor Read More

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