ALIS social dApp is hosting a meetup in Silicon Valley

As part of the worldwide meetup tour, ALIS developer team will organize a meetup in California on March, 29 and introduce the platform to the global audience
23 March 2018   670

Following a successful 2017 ICO in Japan social media dApp is holding a meetup in Santa-Clara at Mindrome tech coworking space venue. All those who are interested in the blockchain technology (tech developers, investors and plain enthusiasts) are welcome to join the event. ALIS Media Ltd. co-founder and CEO Mr. Masahiro Yasu will give a speech on the matters of honest opinions and objective journalism, talk about a design of a content sharing platform that addresses these matters. There will be an AMA session with Mr. Yasu on blockchain topics like blockchain business startup, ICO management, the process of product development. Casual discussions are more than welcome as the hosts provide free food and beverages.

Special VIP tickets are also available so that holders have a chance to join Mr. Yasu after the presentation session at a private party for more opportunities of discussion. On top of that, all attendees will have a chance to win crypto goodies and ALIS tokens.

As for the project itself, ALIS is the first blockchain-powered social media platform in Japan. And the idea behind the project is to address the issue of misleading information in Japanese media world. The mission of ALIS is to provide high-quality content in terms of trust by means of a flow of information different from advertising and otherwise external influence.

At the moment of publication, the market indicators for ALIS are as follows:

Average price: $0.308483

Market cap: $11,888,517

Volume (24h): $20,184

SEC to Accuse Veritaseum ICO of Fraud

SEC believes that project's tokensale, thru which it raised $14.8M back in 2017-2018 had a signs of scam and company misled the investors
14 August 2019   271

The U.S. Securities and Exchange Commission (SEC) has sued New Yorker  and Veritaseum-related companies that have been caught by the agency in conducting an unregistered ICO with signs of fraud. It is reported by Cointelegraph.

According to documents published on the network, the SEC intends to hold Reggie Middleton accountable and immediately freeze the assets of Veritaseum Inc. and Veritaseum LLC.

The Commission claims that the defendants raised about $ 14.8 million through an initial coin offering (ICO) in 2017 - early 2018. At the same time, many investors were misled, as the company distorted information about the conditions of the token sale and deliberately hid some significant details.

The American regulator claims that the project still has about $ 8 million of illegally raised funds. According to the SEC, these assets must be frozen immediately.

Amid this news, the Veritaseum (VERI) rate has fallen by 70%. Now the coin is trading near the $ 5 mark, although at the beginning of 2018 its rate was approaching $ 500.

Veritaseum was created as a financial p2p platform, involving the movement of capital without traditional intermediaries. Also, VERI was positioned as a utility token for use in consulting services and access to various research works.

In 2017, Veritaseum blockchain startup fell victim to hackers, having lost $ 8.4 million from ICO investors.