Kickstarter won't work with ICOs

ICO total investments almost reached $ 4 B, while Kickstarted helped to raise $ 3.04 B
14 December 2017   2203

Kickstarter, the largest crowdsfinding platform, is not going to support the investment model of the initial coin offering (ICO). This is reported by CoinDesk.

The answer is 100 percent a very firm no. Kickstarter's mission is to help bring creative projects to life. Kickstarter is committed to the arts. (ICO is) not something we looked into or will look into.

Kickstarter Spokeperson

Launched in 2009, the platform for all of its existence helped raise $ 3.04 billion for various creative projects, according to official statistics. For comparison, according to CoinDesk ICO Tracker, to date, the total investment in the ICO area was $ 3.8 billion.

In addition, in 2015, Kickstarter changed its legal status to a "public corporation" after a wave of accusations that the site is only interested in making a profit.

This is a relatively new type of registration, which is suitable for companies pursuing socially important goals and simultaneously responsible to shareholders. One of the three co-founders of the platform in the past compared its shares to "ownership of the rights to a popular song."

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   432

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 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.