What you need to know about the next big wave of ICOs
A group of cryptocurrency enthusiasts in the United States are using the same strategy as the ICOs they launched last year to launch an even bigger wave of new ICOs.
Crypto Coins News recently spoke with one of the founders of the project, Mark Pogue, who said the company has launched two additional ICOs in the last 24 hours.
He also confirmed that two of the three new ICO launched in the first quarter of this year have already raised $50 million.
The company has announced its plans to release a new version of its platform in the next few weeks, as well as an upgraded version of the token sale platform called “tokenized smart contracts.”
The original tokenized smart contract platform has raised about $500 million from investors and was built on top of the blockchain, and was used by startups to raise funds for their ICOs last year.
It was not available to new investors, however, and only a select group of individuals with a lot of cryptocurrency in their portfolios were able to participate in its crowdsale.
Since then, the company’s ICO has been on the rise, and is currently valued at around $40 million, according to the company.
Mark Pogue said the new version will focus on the following areas:Pogue, an entrepreneur and co-founder of Crypto Coins, is a co-creator of the new tokenized Ethereum smart contract system and one of its co-founders, who recently left the company to launch a new company called BitShares.
Pogue previously worked at BitShares, where he helped develop the platform that eventually led to the ICO.
Pogue explained that the new platform will have a few key features:It will be fully decentralized, meaning that it will not rely on any central authority to issue tokens.
It will use a tokenized token system to enable users to earn additional tokens that will be used to pay for transactions on the platform.
The company says it will use this tokenization system to pay out to users in tokens that are created in the platform, rather than paying out to existing holders.
The tokens will be distributed in batches of 50,000 tokens, instead of the 100,000 it currently uses.
Users can now invest their tokens into a new fund that will invest in companies, Pogue explained.
The new fund will have an initial investment of $25,000 and a minimum balance of $100,000.
The new fund is set to launch in the second quarter of 2017, and will be open to investors only.
The Pogue-founded company said it plans to expand the tokenized blockchain to include other types of investments, including securities.
“Our goal is to build a system that allows investors to invest in all kinds of securities,” Pogue told Crypto Coins.
“We’re building a system where people can participate and have the tokens themselves.”
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