crowd funding Archives | BCTech Report

Crypto Miners ‘Argo’ to be First Blockchain Company Listed on London Stock Exchange

11th June 201811th June 2018 BCTechreportbctech, bctech report, bitcoin, blockchain, blockchain financial product, blockchain london stock market, blockchain LSE, blockchain news, blockchain public listing london, blockchain regulations, blockchain stock exchange, blockchain technology, blockchain technology news, blockchain UK stock market, blockchain value, crowd funding, crypto miners, crypto mining, cryptocurrency, cryptocurrency miner, decentralised, decentralized, distributed ledger technology, ethereum, finance, financial blockchain technology, financial blockchain technology applications, financial technology, fintech, first blockchain company listed on london stock exchange, first publicly listed blockchain company, funding, initial coin offering, investing, ipo, ledger technology, london stock exchange, MaaS, mining as a service, uk stock market blockchain

Crypto mining as a service company (MaaS) Argo, is set to be the first blockchain company listed on London Stock Exchange this week. UK-Canadian company Argo Blockchain have built a data centre that runs off cheap, green hydro-power and will sustain mining at scale. With a team of just 20 people and a prolific angel investor, Gil Penchina involved, the company has stated that it expects to be valued at around £40 million, with the aim of raising £20 million in the listing.

FTSE / NASDAQ NEWS

Global Head Leaves Deloitte to Join Blockchain Start-Up

17th May 201817th May 2018 BCTechreportbctech, bctech report, blockchain, blockchain news, blockchain supply chain, blockchain technology, blockchain technology news, blockchain value, citizen reserve, crowd funding, cryptocurrency, deloitte bockchain, deloitte to join blockchain, distributed ledger technology, Eric Piscini, ethereum, finance, financial blockchain technology, financial blockchain technology applications, fintech, ico, initial coin offering, investing, top execs starting blockchain, US blockchain regulation, ZERV

Eric Piscini, former global blockchain leader and partner of one of the “Big Four” accounting firms, has resigned from Deloitte to join blockchain start-up Citizens Reserve, who aim to move supply chain networks onto their ethereum-based platform. Piscini’s departure is yet another example of top executives striking out for crypto-based projects. Citizens Reserve’s unique crypto token will be backed by reserve assets, giving the token ‘a guaranteed value’ of $0.01. Picini said that using the ZERV token, allows “nearly instant borderless transactions.”

INFLUENCERS NEWS

Ethereum Founder Launches DAICO ICO Model 2.0

1st May 20181st May 2018 BCTechreportbctech, bctech report, blockchain, blockchain funding, blockchain news, blockchain technology, blockchain technology news, crowd funding, cryptocurrency, daico, daico ico, DAICO ICO 2.0, decentralised, decentralized, distributed ledger technology, ETH, ethereum, finance, financial blockchain technology, financial blockchain technology applications, fintech, funding, ico, ico 2.0, icos, initial coin offering, investing, smart contracts, vitalik buterin

Ethereum Founder, Vitalik Buterin has launched DAICO a new ICO model that merges the concept with DAOs, to increase security. By integrating a Smart Contract, token holders are now able to control the release of funds through a voting system, or indeed vote to close and refund at any time. DAICO could abolish the “pump and dump” ICO epidemic, increasing its potential. The world’s first Daico token offering has launched with ‘The Abyss’, a video game developer.

many hands offering coins into a money box

NEWS REGULATORS

What is an ICO?

3rd March 201811th April 2018 BCTechreportbctech, bitcoin, blockchain, blockchain news, blockchain technology, blockchain technology news, crowd funding, finance, fintech, funding, ico, icos, initial coin offering, investing, token sale

ICO is an abbreviation for an initial coin offering. Essentially it is crowdfunding that is driven by a cryptocurrency, which is used to finance a startup company. The fundraising method was pioneered by Ethereum in 2014, it has successfully powered the growth of ‘Smart Contracts’ and continues to enable groundbreaking technology and innovations to be developed.