PwC Reports Token Sales In Q1 Raised $3.3 Billion

PwC and Crypto Valley Association has recently release a report that details how much funds were raised for the first quarter of 2019 through the different token sales initiatives.

Report is a study on ICO’s and STO’s that took place from the first quarter of 2019 which reveals around 250 token sales which brought in token issuers around $3.3 billion

It was revealed that the highest profits were made by the BitFinex exchange and GCIB which made up 35% of the total raised amount this year.

The previously popular ICO model seems to lost have its luster as it was seemingly replaced by a similar model buy dubbed as Initial Exchange Offering (IEO).

IEO has become a popular alternative to ICO as it provide a sort of guarantee to investors that the project are serious and are not scams.


Headlines for the world of Cryptocurrencies - July 11, 2019

  • Blockstack Token Offering Approved By SEC
  • Shell Invested In Blockchain Start Up For Energy Tracking
  • Registration With Financial Watchdog A Requirement In Canada For Crypto Exchanges
  • Bitcoin Core Developers Gets $60,000 Grant From Bitmex
  • Gemini Eying Libra Association Membership

Headlines for the world of Cryptocurrencies - July 10, 2019

  • Samsung Releases SDK For Ethereum Developers
  • Ban On USD Creates Massive Interest On BTC In Zimbabwe
  • The Hashrate Growth Of Bitcoins Continues To Accelerate Reaching New Highs
  • Coinbase And Aon Launching Regulated Insurance
  • Election Authority In The U.S. Set To Decide On Member’s Ethereum Token Initiative
Headlines for the world of Cryptocurrencies - July 09, 2019
  • Central Bank Of China To Develop Own Crypto
  • More Crypto Competition In The U.S.
  • Resumption Of Private Placement Of Bitcoin Trust Shares On Grayscale
  • Morgan Creek CEO Predicts $30,000 USD BTC Price
  • New Torrent Softwared Enhanced By Tron-based Token BTT





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