ICO market exceeded $1 000 000 000 in 2017

This year's ICO volume has already exceeded 2016's volume in 10 times
11 July 2017   2307
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks.

According to Smith & Crown, a company specializing in crypto assets, this year start-ups attracted more than $ 1 billion through the ICO, which is ten times more than for the entire 2016 year. The Wall Street Journal reports it.

 Smith+crown rate
Smith & Crown ICOs graph

Bitcoin

First decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

The agiotage around the initial placements of coins greatly contributed to the sharp growth of the cryptocurrency Bitcoin and Ethereum, which were actively used to buy tokens of new block-startups conducting ICO. So, in the first half of 2017, bitcoin rose in price by 160%, and Ether - by 3,350%.

The middle of this year was marked by two large crowdsdale. So, to date, the project Tezos from the startup Dynamic Ledger Solutions Inc. And EOS from the company block.one in aggregate collected more than $ 300 million.

According to the British company Dealogic, the amounts collected by both start-ups are comparable to the average value of funds raised through traditional IPOs. So, in 2016 the average amount attracted by US joint-stock companies was $ 219 million.

DROXNE to Release Roadmap

Droxne has announced that it is working on the white paper and roadmap, which will be released on February 20, 2018
20 February 2018   202

Droxne is a peer-to-peer crytpocurrency gaming platform which uses DRXNE as its ingame currency. DRXNE is a decentralized and open-source cross platform cryptocurrency dedicated to enhancing the gaming experience on the blockchain for all users.

Droxne has announced that its team is working on the white paper, roadmap, ecosystem website and a new platform work stream. Droxne plans to release the full version of its roadmap on February 20, 2018.

DROXNE roadmap release announcementDROXNE Roadmap Release Announcement

The other future development plans of Droxne include building new Droxne website, integrating APIs to show DXRNE price, PoS difficulty, sharing count on website homepage. Moreover, it strives to build a developer fund to facilitate payment of bounties – initially community donations, long term explore funding with portion of staking income.

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

Average price: $0,015766
Market cap: $1 057 791
24h volume: $3 330