The ICO market is relatively young, therefore, trying to understand it, investors create persistent errors, which often lead to erroneous actions. We represent the top five most persistent misconceptions about ICO-projects.
MoneyToken - a Blockchain Project in the Field of a Loan for Bitcoin, Ether and Litecoin has Collected as a Result of ICO $ 37 Million
The British team of the MoneyToken project completed June 6, 2018 ICO to create a platform with an innovative solution in the field of lending. As a result of the initial distribution of coins, the team managed to attract more than $ 37 million, which exceeded the declared Soft Cap of $ 3 million.
The Hyperchain Qulian Technology, the blockchain platform team, announced closing of the B Series financing round, in which it managed to raise 1.5 billion yuan ($ 234 million) from the financial company Xinhu Zhongbao (China).
The Creator of the Linkedin, Eric Lee, Wants to Raise $ 20 Million for a Project to Reduce the Risks of Participation in ICO
Ex-CTO of the LinkedIn, Eric Lee, intends to attract investments for $ 20 million thanks to the model for the distribution of elementary agreements for the developed coins (SAFT).
The largest manufacturer of headphones and gadgets, Monster Products Inc. is going to hold an ICO in order to receive $ 300 million. This is stated from the company's statement to the US Securities and Exchange Commission (SEC).
Anatoly Aksakov believes that economic growth is necessary for Russia, and it is necessary to think through the strategy now. The chairman of the State Duma committee on the financial market is sure that the ICO industry will help to improve the state of the financial market.