Berkeley City to Conduct ICO

The city administration plans to sell tokens secured by municipal bonds in order to the build the affordable houses andhelp to the homeless
08 February 2018   121

The Berkeley authorities in the state of California are announcing the first ICO in America at the municipal level. The administration plans to sell to investors the tokens secured by municipal bonds. In the future, tokens can pay for purchases in stores, food in restaurants and even rental housing. This is reported by Business Insider.

The funds raised through ICO will be invested in the construction of affordable housing and in the social sphere. First and foremost, the city authorities intend to help the homeless, whose number is growing every year.People without a fixed place of residence will receive tokens free of charge and will be able to pay for goods and services in partner companies of the administration.

Berkeley is the center of the resistance, and for the resistance to work, it must have a coin. We have a jobs explosion and a super tight housing crunch. You're looking at a disaster. We thought we'd pull together the experts and find a way to finance [affordable housing] ourselves.
 

Ben Bartlett
Berkeley City Council Member

The decision to hold the ICO in Berkeley arose after the signing of the law on tax reform. The Trump Administration intends to reduce taxes for legal entities and certain groups of individuals. This initiative can affect private contractors who are engaged in the construction of affordable housing in the United States. According to the estimates of the consulting firm Novogradac & Company, in the next 10 years due to the tax reform the number of available housing will be reduced by 235,000 houses and apartments.

In Berkeley, problems with housing are particularly acute. In 2017, 1000 homeless people were registered in the city, which is 43% more than in 2009. 

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TOP-3 Upcoming ICO 11.02 - 17.02 according to our readers

Let’s check which ongoing ICOs from 11th to 17th February are considered the best according to our readers
19 February 2018   126

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.

1. Viola.AI

Harnessing on Artificial Intelligence, Blockchain and trustless Smart Contracts, Viola.AI is set to revolutionize the dating and relationship space in the world. She will be the first dating and relationship A.I. that evolves with the users - creating a global and borderless full loop solution from dating, courtship, relationship to marriage. With the capability to perform deep learning about each user’s personality, background and behaviour, Viola.AI can give them the most relevant and valuable advice, as well as proactively prompt couples before any important relationship milestones and help them solve their challenges early.

Viola AI team had postponed their tokensale. As we understand, this is absolutelly needed in order to get fully ready for the sale. We wish good luck to the team and we will keep our eyes on the project's future.

Public Sale of Viola AI will start on the 14th of March.

2. Thrive

Thrive is using a meritocratic, community-based system that rewards publishers and consumers all over the world. Thrive claims to be the premium decentralized advertisement marketplace you never realized you needed. Using the blockchain to create a safe, rewarding platform where users can buy and sell advertisement space, all the while also rewarding real-life consumers and reviewers who help make the system work, this is digital marketing taken to the very next level.

Thrive
Thrive

At the moment of press, € 8,019,646 raised during the presale! Good result!

3. REMME

REMME is the Distributed Public Key Infrastructure protocol with a set of DApps for Access Management. 65% of confirmed data breaches involve weak, default, or stolen passwords and cybercrime costs the global economy around $400 billion annually. REMME is building the distributed Public Key Infrastructure (PKI) solution, which prevents phishing, server and password breach, and utilize SSL/TLS protocol to protect the entire channel from attack.

REMME ICO
REMME ICO

REMME reached hardcap! 19343.1605 ETH raised!

Great result! We wish good luck for the team!

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!