ICO Race to be held with a prize pool of 1 mln

A new event for crypto startups with the largest ever pitching prize of 1 million is taking place on June 7
04 June 2018   1626

Eidoo is organizing The ICO Race on June 7 to allow ICOs to pitch and compete for $1 million. The winner will be awarded the prize in exchange for tokens. Palazzo Dei Congressi will play host to the event. Each ICO will have a 10-minute pitch in front of a panel. Evaluation will be based on the following key points:

  • solution of the problem;
  • business & token sale model;
  • token sale terms;
  • the pitching team;
  • the quality of the pitch

The panel will consist of Kellerhals-Carrard partner Lars Schlichting, Eidoo CEO Thomas Bertani, Bitfinex CRO Paolo Ardoino, Adm Ventures founder Federico Tosato, d10e CEO Mike Costache and others. Some of the notable speakers at the event are as follows:

Bitfinex will act as the main speaker at the contest. Among the sponsors there will be KPMG, Santiment, CryptoCompare, ParkinGo, Sgame and others.

More event details can be found here.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   1168

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”