Chinese Public Now Has a Way to Report Illegal ICO

The China National Internet Finance Association has added a "token sales" category to its platform that allows the public to report on illegal financial activities
28 August 2018   499

The Chinese self-regulatory organization intends to support the state in combating illegal campaigns for the ICOs. This is reported by CoinDesk.

The Chinese National Internet Finance Association (NIFA), a self-regulatory organization founded by the People's Bank of China (PBoC), added the category of "token sales" to its platform designed to convey reports of possible episodes of illegal financial activity.

NIFA is the portal operator, through which citizens can file complaints about suspicious financial activity. Previously, most of the complaints sent through this portal were related to lending between individuals, insurance on the Internet, equity financing and online payments.

Now the association has added the option of sending messages about "sales of tokens", through which residents of China will be able to report on activities related to cryptocurrencies, recognized illegal under the last year's order of PBoC.

The activities that is offered to be informed by portal users includes the functioning of crypto exchanges, direct and indirect provision of registration, trading, clearing and settlement services during the ICO, as well as business insurance in the field of cryptocurrencies.

Last week, China's leading financial regulators issued a warning about new forms of attracting financing using cryptotokens such as "initial exchange offerings" and "initial fork offerings" despite the country's bans.

In addition, the Chinese corporations Baidu, Alibaba and Tencent expressed their readiness to cooperate with the government and promised to prevent any attempts to carry out OTC transactions with cryptocurrencies in their own services.

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Top Ongoing ICO 30th September - 6th October

Check these cool new ICOs: PlutusX, Rays Network, INGOT COIN, Multiven, Tresorio HUB, PARQ and Remoneta
30 September 2018   423

Every week we find a large number of projects which are holding Initial Coin Offerings in order to be able to bring their incredible ideas to life. There are a lot of news regarding ICO and cryptocurrency, and we do our best to report about the updates released, or the crypto conferences held all over the world. And now it’s time to look at the ICO market! In a list below you will find our reviews of the projects we consider worth looking at this week. As you already know, Hype.Codes team is working hard to deliver all top-notch ICO news!

Current list for quick navigation PlutusX, Rays Network, INGOT COIN, Multiven, Tresorio HUBPARQ, Remoneta

Ongoing ICO

Don’t forget to read to the bottom and take part in our poll about upcoming ICOs.

1. PlutusX

Hype.Codes rate  92

PlutusX’s mission since its inception in 2015 has had one core drive: to reinvent the way investing was perceived. We planned on disrupting the status quo by providing tools that otherwise would have been exclusively reserved to the ultra-wealthy. We have now advanced our mission with the progression of blockchain technology and decentralized tools, that will allow us to take our mission to a global and borderless platform. The potential to satisfy the demand for aggregated financial services in the crypto industry is perhaps the most exciting banking development of the past 100 years. The prize for those who are successful is a place on a global banking landscape that can never be matched by any traditional banking development plan.

Vote for this ICO

Sales dates: Jun 27th - Oct 30th
Accepted currencies. BTC, ETH, LTC, XRP, Fiat
Soft cap $3M
Hard cap $38.4M
Website and Whitepaper 

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2. Rays Network 

Hype.Codes rate  90

Rays Network is based on a whole new blockchain technology which is growing and improving all the time. For a few years now, blockchain technology has been increasingly adopted, but there are still many problems that hold this technology back from going mainstream. Rays Network is looking to solve many of these problems. Rays Network is a cryptocurrency that aims to Revolutionize your experience within the cryptocurrency world. We have identified common cryptocurrency issues ranging from usability to how decentralized systems operate. We are adopting known features inside cryptocurrency world such as Delegated Proof-of-Stake (DPoS) and Bulletproof algorithm but we have modified features to accommodate our community’s needs.

Vote for this ICO

Sales dates: Jul 1st - Dec 31st 
Accepted currencies. ETH, BTC, XSH
Soft cap $2M
Hard cap $20M
Website and Whitepaper 

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3. INGOT COIN 

Hype.Codes rate  89

INGOT Coin is the first fully integrated Wallet with a Digital Bank, Brokerage, Exchange, Certifier, and ICO Accelerator. All components are rolled into a single and complete ecosystem, which rewards token holders and consumers for using and contributing to it. INGOT Coin is a decentralized cryptocurrency which provides benefits and discounts within the ecosystem itself. IC will be based on a ERC20 technology.

Vote for this ICO

Sales dates: Jul 1st - Oct 10th
Accepted currencies. ETH, BTC, TIO, Fiat
Soft cap $37M
Hard cap $90M
Website and Whitepaper 

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4. Multiven 

Hype.Codes rate  85

MULTIVEN OPEN MARKETPLACE: The world’s first blockchain-based marketplace for the global $3 Trillion IT products and services Industry. - Reduce your IT hardware, software & services costs by up to 75%. - Decentralise your procurement worldwide. - Buy and sell, new and used equipment, peer-to-peer.

Vote for this ICO

Sales dates: Jul 1st - Oct 9th 
Accepted currencies. ETH, BTC, LTC, EUR, USD
Soft cap 10M EUR
Hard cap 50M EUR
Website and Whitepaper 

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5. Tresorio HUB 

Hype.Codes rate  80

Tresorio HUB is a transparent, decentralized, sustainable and scalable ecosystem, accessible through a cloud platform, our HUB Platform, allowing an easier access to computing resources. These resources will be used for various use cases such as blockchain mining, 3D rendering, Machine Learning model training, or complex scientific computations. The HUB platform will be powered by our Green Network’s clusters and smart-boilers, as well as computing resources made available from thousands of contributors through decentralized marketplaces. Our ambition is to create an efficient ecosystem, democratizing access to computing resources to all types of users. We aim at disrupting the centralized paradigm in Cloud Computing.

Vote for this ICO

Sales dates: Jul 5th - Oct 31st
Accepted currencies. ETH, BTC, BCC, DASH, DCR, DGB, ETC, GNT, KMD, LTC, NEO, NXT, OMG, RLC, SIA, XMR, XRP, ZEC
Soft cap 7600 ETH
Hard cap 109,6k ETH
Website and Whitepaper 

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6. PARQ  

Hype.Codes rate  79

Parksen combats worldwide traffic congestion and pollution through a Green, Smart and Connected City Platform, which utilizes the IOTA and Ethereum blockchain, smart contracts, IoT devices, artificial intelligence and a real-time parking app. The Parksen parking app, running in over 100 Dutch municipalities, allows drivers all around the globe to find and pay for their parking spaces in advanced, showing them the closest one to their destination, saving them money, time and frustration, as well as helping to reduce CO2 emissions. We receive a 5% kickback fee on all parking transactions that were activated by our cloud based SAAS solution, and by distributing smart, low priced IoT devices and a free-to-use platform to commercial parking providers and local, regional and national governments, we aim to disrupt a 100 billion dollar industry.

Vote for this ICO

Sales dates: Aug 1st - May 31st 
Accepted currencies. ETH, BTC, Fiat
Hard cap $19.5M
Website and Whitepaper 

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7. ReMoneta 

Hype.Codes rate  80

ReMoneta Taking crypto to the mainstream ReMoneta is the only land-backed system in crypto, delivering real measureable and stable value today. ReMoneta is a strongly-capitalised ReFinTech company based in the EU combining real estate, finance and technology. At the centre of ReMoneta is our community. Together we have designed a frictionless hub - the safest and most stable integrated online currency system in the market. It is the only online currency and payment system with a fully stable price, zero transaction costs, large scaling and instant network verification, land backed and totally secure where community members and retailers earn money from "community mining" via their real world actions to promote positive global values and the community. The system allows micropayments - opening up a new industry as well as members being able to create code or even a business node on the network. ReMoneta solves the key problems in crypto today, creating a central hub between crypto and commerce, allowing crypto to go mainstream.

Vote for this ICO

Sales dates: Jul 24th - Oct 31st
Accepted currencies. ETH, BTC, Fiat
Hard cap $5M
Website and Whitepaper 

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What is Hype.Codes Rate?

Hype.codes team works everyday to bring you the best reader’s experience. We are trying to add some new cool features every day. Hype.Codes Rate is average, abstract ranking of ICO, that we give to every upcoming ICO. It depends on such criteria:

  • Landing webpage design
  • Completeness of information provided on the landing webpage
  • Convenience of information search on the landing webpage
  • The concept itself
  • Whitepaper
  • Reputation and accessibility of information about the project team, their experience
  • Project activity on social networks
  • And many other

We hope that you like the idea of Hype.Codes ICO ranking and maybe it will help to navigate through the stormy sea of blockchain-based start-ups. 

Top Ongoing ICO 30th September - 6th October Poll

We are constantly updating the list of top ICO and we would like you to share some thoughts on which Token Sale from 30th September to 6th October is the most appealing to you. Which one seems interesting for you to invest your funds, and which one, in your opinion, will bring the most profit? Please, select one of the options below