Bisq will not do the ICO

Decentralized exchange announced the rejection of the ICO conception
05 July 2017   2154
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

Creators of the decentralized exchange Bisq announced that they will not provide the ICO, which was extremely popular in the crypto-currency community. Instead, the exchange published a whitepaper of the upcoming decentralized autonomous organization (DAO).

Very contrary to the infamous ICO models where people ask for a lot of money for whitepaper-ware we have a working platform developed by altruistic contributions and donations which is out since more than a year and we will distribute the ownership and management to those who have contributed to the project - those who helped to make a decentralized exchange reality!
 

Manfred Karrer 
Bisq Founder

Also, Manfred made this tough statement:

We are NOT doing an ICO and not selling tokens! 
 

Manfred Karrer 
Bisq Founder

BSQ tokens will be spread among 200-400 people, which supported the project earlier. When DAO will launch, these tokens will be sold at Bisq.

Additional information will be provided in the nearest future. But even now team says that DAO will have several stages. 

First stage is almost ready to start, but it needs additional tests. Second is planned to be held approx. in October 2017. It will also consist of voting and periodically token emission.

Creators are opened for all feedbacks and suggestions and ready to answer people's questions.

Bisq was known as Bitsquare and it was launched in beta mode in April 2016.

What is Bitsquare? 

Bittrex to List LOOM

LOOM is the token of the American startup Loom Network, which launches decentralized applications
18 July 2018   111

Popular cryptocurrency exchange Bittrex listed Loom Network token LOOM. 

As the team of the exchange said, trading with the crypto currency will begin in the near future. On the background of this news, LOOM showed a price jump fo 14%.

LOOM Price Chart
LOOM Price Chart

LOOM is the token of the American startup Loom Network, which is launching decentralized applications.

In January, Bittrex tightened the criteria for listing new tokens. Now, developers need to provide technical information about the token itself, as well as the data of at least one team member. At the moment, the exchange has 290 digital coins.