ICOs

  • Equity podcast: Dropbox and Xiaomi want to go public, and how big is Telegram’s ICO?

    Equity podcast: Dropbox and Xiaomi want to go public, and how big is Telegram’s ICO?

    Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week was a corker. Our co-host Matthew Lynley is back, Katie and myself were on hand, and our guest, Shruti Gandhi from Array Ventures, was brilliant. And the news gods were kind, as there was quite a lot to get through. First, we looked into the… Read More

  • Indiegogo now lets you fund via token sale

    Indiegogo now lets you fund via token sale

    Crowdfunding service and Kickstarter-competitor Indiegogo is now offering an ICO service alongside its partner, MicroVentures. The company will allow users to participate in SEC-complaint ICOs and, like its slow-burning equity crowdfunding service, will pick and choose startups that match certain exacting criteria. These tokens sales will be SEC complaint and the sales are performed within… Read More

  • 70 years of VC innovation Crunch Network

    70 years of VC innovation

    How old is venture capital? Probably as old as the first hunter/gatherer. Yet, until the mid-20th century, it was mostly practiced by wealthy individuals and families. Modern VC was initiated by French-born American Georges Doriot in 1946, who founded the world’s first publicly owned VC firm. Since then, VC has not stopped finding new ideas to provide an edge for success. Read More

  • Two global investors will talk token sales at Disrupt Berlin

    Two global investors will talk token sales at Disrupt Berlin

    Token sales, also called ICOs, are the new normal when it comes to early stage cash. Originally envisioned as a way to create new and unique rails for payments, customer interaction, and peer-to-peer networking the token is now both an integral part of most companies and a great way to fund a great (or awful) idea. This year at Disrupt Berlin we’ll be joined by Zoe Adamovicz of… Read More

  • The new age of ICOs is here, and it’s not based on Ethereum Crunch Network

    The new age of ICOs is here, and it’s not based on Ethereum

    ICOs are said to be the new way to raise money. We’ve seen companies raising millions by selling tokens. Against the money raised, the tokens they gave were created and sold on the Ethereum blockchain — meaning that all the trade happened on the Ethereum blockchain and the tokens created are tracked on the Ethereum blockchain. But that is changing. Read More

  • First China, now South Korea has banned ICOs

    First China, now South Korea has banned ICOs

    South Korea has banned ICOs, the up-and-coming method of raising funding via crypto tokens, due to concerns over the potential for financial scams. China’s Central Bank became the first to outlaw ICOs, which are also known as token sales, in a move made earlier this month and now Korea is following suit. Companies from across the world have raised more than $1.8 billion this year to… Read More

  • Kik raises nearly $100M in highest profile ICO to date

    Kik raises nearly $100M in highest profile ICO to date

    The highest profile ICOs from a consumer internet company to date has come to a close after messaging app Kik raised nearly $100 million from its token sale. The exact amount is 168,732 ETH — around $47.5 million based on today’s $282 ETH price — came from over 10,000 backers. Combined with $50 million raised in a pre-sale for institutional investors the grand total is… Read More

  • YC wants to let people invest in its startups through the blockchain

    YC wants to let people invest in its startups through the blockchain

    ICOs — or initial coin offerings — are emerging as a route for startups to raise money from a wide pool of investors through cryptocurrency networks. Speaking at the TechCrunch Disrupt conference in San Francisco, Y Combinator president Sam Altman painted a mixed picture of the role of ICOs in the tech world today. It wasn’t all good. Read More

  • How NOT to invest in ICOs

    How NOT to invest in ICOs

    The early days of ICOs are even more speculative than the dot-com bubble, and Google ads clearly aren’t your friend. Read More

  • ICOs aren’t just about raising lots of money, say founders who raised lots of money from ICOs

    ICOs aren’t just about raising lots of money, say founders who raised lots of money from ICOs

    It’s impossible to ignore the rush of ICOs in venture capital land. The new fundraising dynamic has helped companies raise more than $1.7 billion this year to date. Huge sums of money tend to catch the attention, but experts in the industry argue that there’s far more to ICOs, also known as token sales, than simply the cash. Eyal Hertzog, a co-founder of Bancor Network —… Read More

  • Japanese startup plans one-stop ICO platform fueled by VC investment and an ICO

    Japanese startup plans one-stop ICO platform fueled by VC investment and an ICO

    China banned ICOs this week and it is investigating platforms that facilitate them. Over in nearby Japan, one company is hatching an ambitious plan to offer a one-stop-service to let companies across the world take advantage of blockchain technology and IPOs. And all without violating financial regulations. Tech Bureau currently helps companies with consultancy and a range of… Read More

  • ICO funding hit a record $800 million in Q2 2017

    ICO funding hit a record $800 million in Q2 2017

    If a ban initiated by China’s central bank this week marks an end to the first era of ICOs — the early gold rush before the regulators arrive — then Q2 2017 may turn out to be a peak quarter in the history of the industry. The total amount raised by startups via ICOs, which are known as token sales and involve the sale of newly minted crypto coins based on… Read More

  • Cryptocurrencies have already recovered from last weekend’s crash

    Cryptocurrencies have already recovered from last weekend’s crash

    When cryptocurrency markets crashed 20% a few days ago, I wrote “the next day or so will tell us if this was a temporary bump in the road or the start of the next major correction.” Well here we are, a day or so later. And the temporary crash seems to have just been a bump in the road. The entire market cap of cryptocurrencies is up 16% from a low of $135B yesterday to $162B… Read More

  • Hong Kong regulator ‘concerned’ by ICO funding boom

    Hong Kong regulator ‘concerned’ by ICO funding boom

    One day after China’s decision to ban ICOs pending an investigation, Hong Kong — the country that is a special administrative region of China — has voiced concern at the growth of ICO fundraising. ICOs, which involve the sale of newly issued crypto coins to raise money, are said to have brought in $1.6 billion in funding for companies so far this year, according to… Read More

  • China has banned ICOs

    China has banned ICOs

    It is looking like a new era is coming for ICOs, at least those in China for now. In the U.S., the SEC has issued official warnings around the risks of ICOs, also known as token sales, but the Chinese government looks set to beat it to implementing regulation around the rapidly growing fundraising option. A notice from a committee led by China’s central bank [link in Chinese] today… Read More

  • Equity podcast: The Uber saga, delayed IPOs and just what is an ICO?

    Equity podcast: The Uber saga, delayed IPOs and just what is an ICO?

    Hello and welcome back to Equity, a social experiment regarding how many acronyms an audience can endure before passing out. Each week we dive into the world of venture capital, looking to understand exactly what’s going on behind the money. This week Katie Roof, Matthew Lynley, and myself — Alex! — were joined by Samuel Angus, a partner on the corporate team of Fenwick and… Read More

  • The first ICO unicorns are here

    The first ICO unicorns are here

    It was always likely to happen, but the speed in which the first ICOs worth more than $1 billion have arrived is surprising. Today both OmiseGO (OMG) and Qtum passed a $1 billion market cap today, according to coinmarketcap.com, a site that  tracks the value of crypto tokens. In doing so, they became the first ERC20 tokens — subtokens that are built on the Ethereum network and sold… Read More

  • Singapore, like the US, says it may regulate some ICOs

    Singapore, like the US, says it may regulate some ICOs

    Less than a week after the SEC said that it may regulate certain crypto token sales, better known as ICOs, Singapore has followed suit to say it too will regulate offerings that are deemed to be securities. Already a global financial hub, Singapore has developed into a destination of sorts for ICOs, with the likes of TenX ($80 million), Golem ($8.6 million) and Qtum ($15.6 million) among those… Read More