TokenZone News

Bitcoin, Ethereum, AltCoin and ICO News

South Korea Urged by Private Sector to Lift ICO Ban


The South Korean government is examining an end to the country’s ban on ICO’s as it explores ways to boost its crypto economy.

S.Korea Explores ways to Boost Blockchain

The country which banned initial coin offerings (ICO’s), a popular way for fintech companies to raise capital, in September 2017 is now having another look at allowing the method to take place as it worries about falling behind in developing blockchain based fields.

According to Business Korea, during a briefing on IT and Fintech the country’s Financial Supervisory Service (FSS) announced plans to revitalize blockchain technology.

Methods talked about including attending international conferences, promoting the use of the technology for companies within the country, and by dedicating financial resources to its promotion and use. The ministry of science will contribute 4.2 billion won ($3.94 million) of its budget to support blockchain technology projects.

Private Sector Urges a Lift on ICO Ban

Market watchers in the country though are calling for a lift of the ICO ban in order to finance the development of blockchain projects in a meaningful way.

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Four implications of Facebook’s crypto ad ban


Facebook’s decision to ban cryptocurrency and ICO related ads will have real implications for entrepreneurs seeking to launch token sales

Facebook’s announcement in late January that it was banning cryptocurrency and ICO advertising on Facebook and Instagram will have real consequences for entrepreneurs attempting to reach mass audiences in the crypto space.

Facebook has said it will revisit its policy in due course, with its intention being to filter out only the bad actors placing “misleading or deceptive” advertising. In the meantime, the ban remains intentionally broad —leaving much for crypto entrepreneurs hoping for a mass connection to reconsider.

To help blockchain entrepreneurs frame and negotiate this new communications environment, here are four implications of Facebook’s decision:

Community building pre ICO just got harder.An ICO’s success depends partly on the strength of a company’s community. Facebook ads that took users to landing pages where they’d be prompted to give up an email address were a key tactic in email list and community building. With this cornerstone now gone, ICO teams will need to find new ways to get people into their funnels. Public relations will be Increasingly important. Earned media coverage pre-ICO has always been a key part of generating awareness, establishing credibility and community building. In a no-Facebook ad universe, this channel will now have to shoulder a heavier burden. It means entrepreneurs have to either find more effective ways to conduct their own media relations or get better at finding the right agency partners. The bottom line is that money spent on PR needs to return more than it previously did. Telegram groups, boards and Reddit matter more.As with PR, tried and true channels such as Telegram groups, Internet chat rooms, and Reddit will now matter more than they previously did for getting the word out. A healthier environment for ICOs.Truth be told, the ability to blanket the world’s most popular social network with ads had led to numerous dodgy projects raising significant funds. Facebook’s decision to ban these ads will make it more difficult for illegitimate, shifty ICOs to succeed. With that, perhaps now the Wild West will be a little less wild.So what can you do? A strategy for the no Facebook world

If you decide to go the PR route to combat the crypto ad ban, it will be all the more important to do it right. ICOs are big news these days, which is both a good and a bad thing. You need to stand out from the competition while also gaining the public’s trust and interest.

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ICO failure rate rises as mega crowdsales grab eyeballs


Investing in cryptocurrencies is risky. Investing in initial coin offerings (ICOs) even more so. That’s the finding of a recent survey by, the website owned by so-called “Bitcoin Jesus” Roger Ver.

The survey tracked the progress of 902 ICOs listed on Tokendata and its findings confirm the hit-and-miss (actually, mostly miss) nature of such speculative investments, with 46% of them failing, either in falling far short of their fundraising target (142) or folding after the ICO ended (276).

As a group, the failed projects raised $233 million, amounting to just 3.9% of the $5.6 billion raised in crowdsales last year, but nevertheless not an inconsiderable sum.

EWN took a look at the Tokendata stats and found that among the failed projects there were eight which raised no money whatsoever, not even a cent. They were: Virtual Cashback, Lookrev, TOP, burstIQ, Autonio, DLSAcademy, Doft and DisLedger, in sectors ranging from exchanges to virtual reality to healthcare.

The failures are a good sign in one way though, as it suggests investors are being more discriminating about where they invest and are no longer throwing money at projects on the basis of little more than a good idea, a pretty website or a whitepaper with lots of apparently impressive formulae and algos.

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How Regulations Will Impact ICOs in 2018


Cryptocurrency has been around for a number of years, but it really gained traction and popularity in 2017. It went from being the money of the future to the latest and greatest way to invest and get a great return rather quickly. Initial coin offerings (ICOs) are one of the investments that gained popularity along with cryptocurrency because they go hand in hand.

An ICO is a crowdfunding method that uses cryptocurrency instead of cash. Companies will offer tokens in exchange for a cryptocurrency that they specify. The token can then be used to purchase from that company in the future or can be sold to others. There are already numerous ICOs that are currently active and many that are scheduled for launch.

ICOs offer numerous benefits to both the companies that offer them and those who invest in them. One big benefit to companies that choose to raise funding through an ICO is that ICOs are typically much faster and easier methods of fundraising compared to other, traditional fundraising options. One of the big benefits to investors is that cryptocurrencies are quite liquid and can result in quicker returns and profits.

One of the reasons that ICOs have gained popularity and been such fast and effective ways of raising funds is their lack of regulation. Although, as they grew in popularity, there were some regulations placed on ICOs, they have been relatively unregulated up until now. Rather than having to jump through hoops, fill out paperwork, and see to it that all formalities are followed, and in some cases even ask permission, both those seeking funding and investors alike have been able to get down to business and get deals done more quickly when working through an ICO.

The lack of regulation isn’t all good, though. Because there aren’t any security protocols, and rules and regulations in place, virtually anyone can create an ICO, which means that some ICOs have been accused of being or uncovered as fraudulent. Not only is there a high number of fraudulent ICOs on the market, investors are not protected against fraudulent offerings since there aren’t many rules and regulations, and if they fall victim to a fraudulent ICO, they aren’t able to recoup the investment they have made.

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The 5 Top ICO Projects to Keep an Eye in February-March 2018


2018 had started with a large increase in cryptocurrency world. That success has later been a bit smudged with the slight overall market fall in mid-January, but the currencies are growing again, despite the high volatility.

Multiple projects are being developed to capitalize on growing coins and blockchain technology popularity. We outline 5 most promising projects that use Initial Coin Offering model and are making their way through the market at the end of winter and the first month of spring 2018.

1) Cappasity

The Capacity project had set its sights on developing tools to revolutionize AR/VR and 3D technologies, this project has already introduced a professional 3D digitizing solution.

The Ecosystem economy of the platform is designed to be driven by the market. Thus, the Marketplace is the key economic unit where goods turnover occurs. Using the Marketplace, participants are free to rent, sell and buy AR/VR/3D content as well as released apps. Each content file is assigned with an ID or a hash to prevent any copyright infringement. All hashes of all the files are listed in the blockchain and cannot be changed.

The API is used for synchronization with product catalogs as the Cappasity tool could be implemented for customers’ e-stores. Additionally, Cappasity tools show better compatibility with various browsers than most comparable alternatives. Cappasity.AI to analyze customer interaction with 3D content and provide a customer interest heat maps for each product.

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Telegram to Crush ICO Record in Second Round of Private Funding


Telegram has informed investors of a second private pre-sale of its cryptocurrency ICO despite raising $850 million in round one just a month ago.

Telegram May Raise as Much as $1.6 Billion

This week investors received an email from telegram CEO Pavel Durov informing them of a second pre-sale to the much-anticipated TON ICO. Though no exact amount has been determined sources are speculating that it will be around the same as the first round.

If so that would make it a record-smashing $1.6 billion raised before the coin is even offered to public investors dwarfing the previous high water mark set by Tezos at $232 million.

Durov’s way of funding is a change from the normal concept of an ICO as only accredited investors who are invited may purchase the discounted coins. This more closely resembles the traditional venture capital form of fundraising where most (if not all) of the discounted tokens are sold off to private investors before the public round opens.

This second fundraising round comes as Telegram and its proposed TON network are being scrutinized as short on technical details. The Telegram Open Network is to be an Ethereum like eco-system that supports apps, services and a store for both physical and digital goods.

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The Guide for Starting a Crowdsale Contract for ICOs


Every other company, especially the ones dealing with cryptocurrencies and blockchain technology wants to host its own crowdsale and raise funds. This has led to an unprecedented rise in interest among people, who wish to know more about the whole token sale process. This article aims to provide a brief insight into some of the steps ought to be taken by those who are embarking on an ICO campaign.

Only a small portion of companies opting for an ICO tend to complete it with performance much better than earlier expectations. Some of the things to be considered include –

Getting Started

The most important part of any project is the team itself. With a team and a business plan in place, the next logical step is to have a solid business plan, followed by the project implementation. The most important and complex task of this stage is the creation of Crowdsale contract (The ICO Contract).

What is the Crowdsale Contract?

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Australia’s Policymakers Have Made The Country An Attractive ICO Region


The InvestDigital ICO illustrates how Australia has become one of the leading ICO targets for tech startups. 

When the Chinese government slapped a ban on initial coin offerings (ICOs) in 2017, the cryptocurrency space took a dive on expectations that similar regulatory action would follow from policymakers in other global regions.

As it turned out, these expectations were misplaced.

While we’ve seen certain government actions seek to impose some degree of regulation onto the ICO space, the overarching trend has been one of embrace, as opposed to rejection.

InvestDigital ICO

One nation that is benefiting from this relative-willingness-to-adopt approach is Australia – as illustrated by the end 2017 InvestDigital ICO.

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ICO of the Day

Nowadays freelance platforms have three key problems that haven't been solved so far. The first and the most critical issue is fake reviews. Yesterday's student-engineer can turn into a professional with a 10-year experience in interior design in a couple of days by simply buying an old account and winding up positive reviews. It is practically imp...
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ICO of the Day

The world's educational market is huge but unfortunately, it is very conservative. Therefore, innovative technologies face numerous barriers and go through thousands of bureaucratic labyrinths. Despite this fact, the entrance of blockchain technology, innovative verification systems, and open databases can easily solve the most critical issue in th...
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Kodak gets on the blockchain bandwagon


This year it is likely we will see a lot of companies getting into blockchain technology and cryptocurrency as it is the thing to do. Just like the website then mobile app explosion in previous years, crypto is currently the proverbial hot cake. Kodak is the latest big company to announce that it is working on its own blockchain and digital currency.

Companies joining this crypto train may only be doing it to boost their stocks or they may realize that the technology could be powering the future. Messaging platform Telegram recently announced that it is developing its own digital currency and Kodak has just followed suit. The photography company’s film revival did not go to plan so the easiest way to raise a ton of cash is to jump into crypto.

The firm has partnered with Wenn Digital to launch the KodakOne image rights platform that utilizes KodakCoin, a photo-oriented virtual currency. The technology aims to provide a blockchain based payment system for photographers ensuring they get paid instantly and securely the moment someone buys their pictures. The platform meanwhile will scour the web seeking copyright violations in order to create an encrypted digital ledger of rights ownership.

Kodak CEO Jeff Clarke said;

“For many in the tech industry, ‘blockchain’ and ‘cryptocurrency’ are hot buzzwords, but for photographers who’ve long struggled to assert control over their work and how it’s used, these buzzwords are the keys to solving what felt like an unsolvable problem,”

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0 Comments Outlines Exchange Expansion & Liquidity Pool Plans


Tuesday, 9 January 2018 Zug, Switzerland.  Following its successful ICO, in which over $31 million was raised from nearly 15,000 participants, and on the eve of the start of trading on OKEx & HitBTC, is outlining its future plans and timelines of its exchange and liquidity pool.  As will be emphasized in the following summary, is completely committed to ensuring its clients and Trade Token holders are always at the forefront of any of its initiatives and procedures.  We will always put the customers’ interests first and foremost. The Trade Token (TIO) will be listed on 11 January on the OKEx and HitBTC exchanges. We will be announcing additional exchanges in the near future in which Trade Token will be listed.

Regulatory Plans intends to have and is actively seeking multiple licenses in an effort to adhere to multiple regulatory regimes around the globe.  Currently in its scope are presences including but not limited to in Gibraltar, Singapore, Malaysia, South Africa, Japan and Switzerland.  The experienced management of understands the need to have various licenses to ensure its in the best possible position to service its clients in the most compliant manner possible.

Customer Service

It’s not uncommon for crypto exchange customers to experience lengthy support wait times of up to a week plus, and sometimes no reply at all. feels this unacceptable and as a result will be introducing a strict “24 Hours or Less” policy.  This means that each and every inquiry will receive a personal response within 24 hours of submission, and will have 24/7 service via email, live chat, and of course our popular Telegram channel.  The customer support management team has over a decade of experience, and has developed a revolutionary training method, to make the team not only educated in the product, but also quickly scalable to deploy over a hundred + customer support reps at a time.

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How You Can Use Bloom Tokens

As a BLT token holder, you have immediate access to all the Phase 1 features of Bloom the moment the token sale completes and the tokens become transferrable on January 1st.

Specifically, this includes the BloomID creation, the peer invitation system and most importantly, the protocol voting portal.

The Bloom voting portal gives you immediate influence over a selection of protocol level decisions. By staking your BLT to votes, you have influence over key decisions that the network must make. BloomID registration, invitations and voting will begin on January 1st.

You will be able to use your BLT following the completion of the sale to cast votes.

BLT functions both as a currency within the Bloom Protocol and as a resource on a distributed computing platform. BLT is used not only as a means of exchange or payment on the Bloom Protocol but also as a means to account for, judge and verify community participation. In the Bloom Protocol, BLT is the native fuel that facilitates interactions on the Bloom Ecosystem.

How does this all fit together?

Bloom is a protocol for identity verification, credit scoring and risk assessment. From developing lending applications, to using BloomID to prevent fraud, developers, lenders, and individuals may use BLT in a number of ways.

BLT is needed to generate BloomID’s, verify identifying traits, update information to the network, and check BloomScores. The BLT fees can be paid directly by a user who wishes to proactively have access to their BloomID and build their profile ahead of time. Alternatively, the BLT can be paid by a business (an application or lender wishing to ensure their users are verified through the Bloom network).

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Jincor ICO contribution guide

In this guide we’ll demonstrate how to get ready for Jincor ICO, which starts on December, 1st. We strongly recommend you to set up your Contributor Account in advance to be well-prepared for the ICO start.

Also you can check our step-by-step contribution video guide.

Contributor Account provides all the features one might need while taking part in Jincor crowdsale — KYC account verification, 2FA account protection, Ethereum deposit, JCR tokens purchasing and even project support through the partner program.

Jincor ICO setup guide covers the following processes:

1) Registration

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