Eric Jing, Ant Financial's CEO believes that much of the existing blockchain enthusiasm comes from speculation
26 March 2018
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.
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.
TOP-3 Upcoming ICO 22 - 28 Apr According to Our Readers
Let’s check which ICOs from 22nd to 28th April are considered the best according to our readers
23 April 2018
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 ongoing ICO according to our readers
Momentum is the world’s first blockchain and crypto-token based marketing automation platform that enables companies to reward their best customers and supporters with crypto-tokens. With Momentum, companies can reward customers in exchange for their attention, business, brand advocacy and data insights, while giving the consumer full control over their personal data. MobileBridge Momentum Token is the token that powers the MobileBridge Momentum platform. Demand for the Momentum will be fuelled by the ever increasing demand for the token as transactions on the MobileBridge Platform continue to increase.
At the moment of press, Momentum is running the private sale, no info on the raised funds available.
B2AND is a result-oriented cloud-based online platform providing easy-to-use and scalable service utilising viral marketing within marketing campaigns in new innovative and extremely effective way. The new B2AND decentralized eco-system will be based on successful B2AND platform and will rely on a decentralized architecture on Ethereum blockchain supported by B2AND token. The B2AND decentralized eco-system will be transformed through four generations, whereas 1st generation B2AND platform has already been deployed.
B2AND tokensale started today (23/04/2018). We wish good luck for the team!
TV-TWO is an application for Smart TVs used as the new gateway to linear broadcast combined with a personalized video stream as an additional channel. It is based on blockchain, the technology to orchestrate the new television ecosystem, with direct interactions between users, advertisers and content producers. A custom Ethereum-based token called TTV, the Token for Television, will fuel the ecosystem while ensuring security and fairness.
TV-TWO tokensale hadn't begin yet, but team doesn't lose any time. They have active social network and live shows life.
We will keep our eye on these campaigns and we hope that their projects will be successful. We are really grateful to our readers for your opinion expression. Please, check the new Top Upcoming ICO and take part in new poll!