Aragon to Lauch Mainnet

In May 2017, Aragon spent a super fast ICO, in just 15 minutes, collecting the planned 275,000 ETH (about $25M at the time)
01 November 2018   300

Positioning itself as the “first blockchain tool aimed at helping to create and manage companies around the world,” the Aragon project is now available on the main Ethereum network.

Version Aragon 0.6 was named Alba, and as they say in the project's blog, it marks a “new era of human interaction”.

The proposed solution allows users to create decentralized autonomous organizations (DAO) for their communities or enterprises with the possibility of voting. Aragon 0.6 also allows you to use your own tokens for solving management tasks.

The developers of Aragon do not recommend using Alba for storing large amounts, as the team is working on finding and fixing vulnerabilities.

Representatives of the project also note that since the launch of the Aragon network, more than 15,000 organizations have been created - more than new enterprises are created annually in Austria, Malta and Luxembourg combined.

In May 2017, Aragon spent a super fast ICO, in just 15 minutes, collecting the planned 275,000 ETH (about $25M at the time).

Сould you please attach your email address for us to send you the most interesting ICO's rating and reviews. No spam.

Pure Bit to Refund Investors' Money

Another cryptocurrency scam storu may have happy ending
15 November 2018   70

The founders of the South Korean exchange Pure Bit, who were suspected of stealing investors' money, announced the return of funds.

According to the local edition of BlockchainROK, representatives of the exchange have already partially returned the money to some users and pledged to return all other funds.

On November 4, the exchange team launched the ICO with the goal of collecting about $ 30 million to create a crypto exchange. However, on November 9, Pure Bit closed the site, said goodbye to its investors and removed everyone from the group in the KakaoTalk messenger. Also, the founders of the exchange withdrew funds from the account that was used for ICO.

According to CCN, one of the issues traced the Ethereum address of the exchange and asked Upbit to block the account and freeze the funds. Upbit fulfilled this request.

This is Pure Bit. First off, I would like to apologize to everyone that was affected by the ICO. Since November 5, I raked in 16,000 ETH and did not open a crypto exchange as promised. I kicked out everyone in our social media chat groups and disappeared without any message. I negatively affected investors in the project psychologically and financially. I made an unforgivable mistake that cannot be turned around, blinded by money. It has been less than a day and I have already started to suffer from guilt. Although it cannot be compared with the hardship faced by the investors, I also felt significant guilt. I sincerely apologize to all of the investors in the ICO who were affected by the operation.
 

CEO of Pure Bit

The founder of Pure Bit also notified that he would return ETH 16,000 to depositors without taking into account the payment of services to a third-party company that organized ICO.