ICO to be Popular Again, BitMEX CEO Says

Arthur says despite the fact that in 2018, the ICO market turned out to be almost dead, it will be able to recover
26 December 2018   897

ICO will become popular in the next 18 months, which in turn will lead to an “aggressive increase” in Ethereum prices. Such an opinion in an interview with Cointelegraph was expressed by the head of the BitMEX exchange Arthur Hayes.

The use case for Ether is primarily ICOs. That market is dead right now. Once there are new issues, then Ether will rebound aggressively. When the ICO market returns, Ether will quickly test $200. The timing of the ICO rebirth is 12 to 18 months out.

Arthur Hayes

Head, BitMEX

According to him, despite the fact that in 2018, the ICO market turned out to be almost dead, it will be able to recover. However, whether these will be the same levels as in 2017, Hayes did not comment.

As for the coming year, the head of BitMEX believes that stablechains will come first.

Security tokens and stablecoins will prove attractive sirens for investors in 2019. While their fundamental raison d'etre is flawed, investors in this time of pain will latch onto anything they believe will be their ticket to easy riches.

Arthur Hayes

Head, BitMEX

Speaking about the price of Bitcoin, which he predicted to fall to $ 2,000 in early November, Arthur Hayes suggested that in 2019 the first cryptocurrency would trade in the corridor between 1,000 and $ 10,000.

Earlier, BitMEX estimated the prospects of the 12 largest ICO-projects, which collected more than $ 50 million, and their tokens after entering the secondary market. The study dealt with Telegram, Filecoin, DFINITY, Polkadot, tZero, Basis, Orchid Protocol, Hashgraph, Rootstock, Algorand, Cosmos and Oasis Labs tokens. Hayes expressed the belief that they all deliberately postpone the launch of tokens in the secondary market, since their price will directly depend on investor sentiment, rather than fundamental factors.

Raven Protocol to be the First IDO at Binance DEX

Team cannot say exactly how IEO will pass, since similar campaigns hadn't been concluded at Binance DEX before, but they are going to sell $500k worth tokens
14 June 2019   409

The Raven Protocol cryptocurrency project announced about the planned initial exchange offering (IEO), which will be based on the infrastructure of the Binance DEX exchange - in this case the campaign will be called IDO or Initial Dex Offering.

Raven Protocol confirmed the right to list its token on Binance DEX paired with BNB on June 17 at 9:00 UTC. At the same time, the IDO of RAVEN tokens will start. The project draws attention to the fact that neither Binance, nor Binance Chain, nor Binance DEX stand behind this initiative.

At the same time, Raven Protocol notes that it cannot say how exactly IEO will pass, since with Binance DEX, similar campaigns have not been conducted before.

Potential participants need to pass a preliminary identification by sending to the address of founders@ravenprotocol.com their address in the Binance Chain, an identity document, a selfie and proof of residence.

In total, Raven Protocol expects to raise $ 500,000 by selling 3% of its own token emission (300,000,000 RAVEN). Accommodation will be on a first come, first served basis. The limit on the amount of investment for one user is declared at the level of 100 BNB.