AliPay Operator is Critical Over ICOs

Eric Jing, Ant Financial's CEO believes that much of the existing blockchain enthusiasm comes from speculation
26 March 2018   794

Ant Financial Services Group, Alibaba's payment partner and operator of AliPay, has taken a critical position over ICOs. This is reported by Coindesk.

Eric Jing, CEO of Ant Financial's, talking at the annual China Development Forum on March 24 in Beijing, said that much of the existing blockchain enthusiasm comes from speculation around the blockchain.

Jing suggested that many projects behind tokensales canonly a poor white paper, and he appeared to rule out the possibility of his firm holding an ICO.

The current phase is like the internet bubble period in the '90s. Ant Financial has drawn a clear line with ICOs.
 

Eric Jing 

CEO, Ant Financial

Eric Jing noteed that he believes in blockchain's potential as a trust mechanism for the future digitalized society, but at the moment, bubble is likely to blow in the next few years. Only after that will the industry be able see real blockchain applications come, he said.

 

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Top-3 Ongoing ICO 4th - 10th Nov. Acc. to Our Readers

Let’s check which ICOs from 4th to 10th November are considered the best among our readers
12 November 2018   71

Our readers are dedicated cryptocurrency enthusiasts and fans of blockchain technology. We provide them with the ability to express their opinion regularly. Let’s check top three upcoming ICO according to our readers.

1. CraftR

The project was born to bring the e-commerce of creative assets to the Web 3.0 world through a decentralized platform, featuring token payments and storage of digital resources made available by freelancers. The platform is targeted to freelancers and developers that want to get involved in a new form of global e-commerce. Vendors will offer self-made products to customers that will be in research of the missing piece to proceed in a stuck point, or simply to learn about new skills. The marketplace will offer a wide range of digital creative assets, fastly accessible and easy to trade. This initiative will let the customers to reach our P2P marketplace, with the intention to purchase or sell their desired product through the CRAFTR payment processor. Our platform will offer zerofees between customers transaction and will only check for its validity. Customers will have total control of their finances.


CraftR

CraftR was able to raise 2000 ETH. Sale is still going. Great results!

2. CryptoRevolution 

Thank to a synergy between a Training Company, a Trading Company and a Technical Advanced Company working in MasterNodes and VPS Services we are able to offer you any kind of service that allows you to know, understand and exploit the cryptocurrency revolution to your advantage. A full training project on the cryptocurrency world is at your disposal and an ecosystem of services connected to it through the use of “CREV” (our utility token) that makes them accessible to everyone and easy to use. Once you have entered into our Ecosystem you can manage everything. General platform is your first step to deposit cryptos and to buy CREV Tokens. After that you can use CREV to buy services for Training, Trading, Mining, Staking and MasterNodes.

CryptoRevolution ICO
CryptoRevolution ICO

There's no news on the raised funds. CryptoRevolution sale is still going.

3. Powershare

Our unequal world desperately needs changes, but the power to change is limited by resources, reserved for the privileged few. We are here to level the playing field; We believe small, personal, local changes are bound to lead to bigger shifts in the society. That’s why we want to make sure every voice has a chance to be heard, every idea has enough fuel to get off the ground. To remove any barriers for the spirit of giving, we created a place where ordinary people can raise money without actually paying money from their pockets. PowerShare is where crowdfunding meets mining for cryptocurrencies - simply by keeping a browser tab open, visitors can convert unused computing power to fund ideas and causes which are important to them or others. And while our algorithm runs to power up a chosen cause, supporters also generate a steady stream of income which turns helping others into a mutually beneficial enterprise. By revolutionizing fundraising, we exist to provide means to change for anyone willing to do so.

Powershare ICO

Powershare ICO

Powershare team hasn't provided any info on tokens sold excapt the pic above.

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