Coinbase to Invest $3M in Nomics

Coinbase Ventures, CoVenture Crypto, Digital Currency Group, BitGo co-founder Ben Davenport, CityBlock Capital, King Capital and others are among the investors
19 December 2018   696

As part of the funding round of Series A led by Arthur Ventures, the Nomics cryptocurrency startup raised $ 3 million. Coinbase Ventures, CoVenture Crypto, Digital Currency Group, BitGo co-founder Ben Davenport, CityBlock Capital, King Capital, PolyMath and TokenSoft are among the investors.

Note, Nomics intends to invest in expanding of the development team. The funds raised will also allow the startup to continue work on indexing 95% of the data related to the cryptocurrency trade.

Nomics CEO and co-founder Clay Collins said that collecting cryptocurrency data is a complex engineering task. He added that the Nomics team is committed to providing  data without gaps  that will demonstrate a real picture of the cryptoindustry.

According to Collins, after indexing the information, "millions of new pages available" will appear.

You can access data on various assets, such as price quotes and trading indicators, using the Nomics API, which shows financial performance for both previous years and in real time.

The ultimate goal of the project is that hedge funds and other investors can use this data when developing trading algorithms and tracking market fluctuations.

Bibox Exchange to Conduct 4 IEO Simultaneously

The allocation of tokens will be perfomed in the order of the lottery among holders of BIX tokens and the IEO to be perfomed at Bibox's Orbit platform
19 April 2019   99

Bibox cryptocurrency exchange presented four projects that will conduct the initial exchange offering of their tokens as part of the first wave of IEO on April 22 on the Bibox Orbit platform.

  1. The Force Protocol (FOR) is a distributed protocol of crypto-financial services based on a public blockchain system, providing opportunities for cross-platform asset transaction and communication, use of crypto assets from several blockchains to provide steybcocoins, issue tokenized bonds, etc.
  2. Ludos (LUD) is a solution for a distributed gaming ecosystem designed to bring large-scale blockchain games and economic incentives to life.
  3. Staking (SKR) is a decentralized asset management platform that allows investors to safely stack tokens.
  4. X-Block (IX) is a computing system based on the blockchain architecture.

The allocation of tokens will be perfomed in the order of the lottery among holders of BIX tokens. Potential investors will be able to declare how many tokens of a project they want to purchase based on their BIX, after which a separate rally will be held for each of the projects.