Decentralized Crypto Exchange on the Way to Main Crowdsale

From this article you will learn all the important details regarding decentralized crypto service Streamity which launches first phase of Token Sale in March of 2018
26 February 2018   1310

There are significant prospects of the cryptocurrency market development, but it is difficult to enter the cryptocurrency market with minimal commissions. The cryptocurrency market is highly volatile, and creating exchange services with low commissions is risky.

Streamity project has a solution to those problems, and starts its ICO on March 12, 2018.

As we have already reported, Streamity project is a technological and information resource which encompasses all aspects of blockchain technology and is created for its free development and massive distribution. Our editorial board is following the updates Streamity project releases, it was included in our list of top investment-worth projects, and turned out to be really successful, as it raised 1 471 069 $ on the first day of pre-ICO.

Streamity crowdsale Streamity ICO at the moment of press

Now, the time for Streamity main crowdsale has come. Less than two weeks are left until the ICO of independent and secure crypto exchange starts.

The first phase of Token Sale will go live on March 12, 2018 (9:00 AM GMT) and will last until March 25, 2018 (9:00 AM GMT).

ICO details:

  • Quantity of tokens available during the first phase of ICO: 100,000,000 STM
  • The cryptocurrencies accepted: BTC, LTC, ETH, ETC, USD, EUR
  • Tokens exchange rate:1 STM = 0,2 USD
  • Bonuses: 20% - bonus is given during the first day of the token sale
    15% - bonus is given starting from the second day of the phase #1 until the end of this phase

Moreover, Streamity is developing decentralized applications using a distributed database for the cryptocurrency exchange. StreamDesk is the innovative P2P platform based on the technology of blockchain, attractive due to its safety and favorable terms of transactions. The whole process is remote, which allows users to manage their time more effectively.

Streamity looks like a really promising project as it aims at winning community recognition by means of P2P platform and development of a powerful portal focusing on blockchain technology and cryptocurrencies. We will for sure keep our eyes on the future of this interesting project and keep our readers updated on all latest news.

Good Luck, Streamity Team!

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Bermuda to Issue First ICO License

The first 'official' ICO that will be held at Bermuda is Uulala
19 October 2018   63

Bermuda’s Minister of National Security, Wayne Caines, said that the Uulala fintech company received the first ICO license in the region. It is reported by the Royal Gazette.

In July, the Secretary of the Treasury of the Overseas Territory of Great Britain, David Bert, introduced new regulations for fintech products and services. The bill classifies initial coin offers (ICO) as “limited business activities”.

The draft law also states that before holding a tokensals, companies must provide information about the proposed digital assets, the financing system, the amount to be raised and various technical aspects. In addition, you must obtain consent from the Minister of Finance of the region.

The CEO of Uulala, Oscar Garcia, reported that the process of obtaining a license took four months. Fintech offers a decentralized peer-to-peer network “to attract cash into the digital economy.” During the ICO, Uulala plans to raise $ 50 million.

We are looking at operating from Bermuda. The Bacardi story resonated with us — a group of Cuban Latinos who went to Bermuda and established their headquarters there. We are looking at doing something similar. Bermuda is known as a financial hub and it is very forward-thinking on blockchain and fintech.
 

Oscar Garcia

CEO, Uulala

The government of Bermuda began to develop bills for the legalization of the ICO in March. Then David Bert said that Bermuda could be an example for other countries in the field of ICO regulation.