Eidoo to Launch ICO Powered by Visa

The Vio token sale will start on February 19, 2018 and will end on March 2, 2018 with 250M VIO tokens which will go on sale at a rate of 10,000 VIO token per 1 ETH
19 February 2018   2144

Eidoo is a blockchain-to-human interface striving to simplify the interaction between the blockchain and its users. Eidoo wants its wallet to have a fast, easy to use, disruptive, flexible, feature rich, turn-key Ethereum implementation, based on ERC20 standard and EVM contracts, with an embedded token system to fund the development.

As it was announced in the Medium blog of Amelia Tomasicchio, the community manager at Eidoo, the Vio digital platform and Visa Direct will launch its token sale on February 19, 2018 through the Eidoo ICO Engine.

Eidoo and Vio collaborationEidoo and Vio Collaboration

The Vio token sale will start from 12 PM GMT on February 19, 2018 and will end on March 2, 2018. 250M VIO will go on sale at a rate of 10,000 VIO token per 1 ETH.

The users who want to participate in the Vio token sale, need to download Eidoo’s cryptocurrency wallet on their smartphones.

Vio’s Team believe that Eidoo has proven itself as the go-to platform for token sales, ensuring an unrivaled level of security and ease and use for participants. Vio is looking forward towards the launch of this collaborative partnership.
 

Team at Vio

Vio is a digital P2P transfer platform powered via Blockchain and Visa Direct. Vio users can send and receive funds domestically and internationally to another user's profile or wallet address.

At the moment of press, these are main market parameters of Eidoo token:

Average price: $2,61
Market cap: $76 264 732
24h volume: $11 515 100

Gladius to Register Token as Security & Refund Investors

Startup self-reported in SEC on unregisted securities offering and cooperate with Commission, so it won't be fined
21 February 2019   65

Cryptocurrency startup Gladius Network LLC has informed the US Securities and Exchange Commission (SEC) about the sale of unregistered securities. On February 20, the SEC filed relevant charges.

During the ICO, the Gladius project raised $ 12.7 million in cryptocurrency equivalent for the development of a network for leasing computing facilities to protect against cyber attacks. The SEC stressed that the startup did not register their tokens as securities, as required by federal law, and did not agree to exclude them from the rules in the legal manner.

Moreover, tokensale was held after the publication of the SEC report on the situation with The DAO, in which the regulator stated that ICO can offer securities.

The press release says that Gladius contacted the SEC in the summer of 2018 and expressed interest in cooperating with the investigation. Thus, the agency refused to levy a fine, because the startup voluntarily agreed to return the funds to investors who require it and register the token in accordance with the provisions of the Securities Act of 1934.