Ripio raised $31M during private tokensale

Argentinian blockchain based start-up raised big money in a private tokensale
12 October

The Argentinean start-up Ripio attracted $ 31 million during the private sale of RCN tokens. This is reported by CoinDesk.

The founders of the project attract investments to create a network of Ripio Credit Network, which unites borrowers, creditors and guarantors. Borrowers and lenders interact through Ethereum-based RCN tokens, and the guarantor undertakes to provide sufficient volume of lending operations to predict return on investment, debt management in the borrower's country of residence and to receive money on the debt obligation in case of default.

During the pre-sale in Ripio, FBG Capital, Maple Ventures and Blacktower Capital invested. According to the developers, investors from all over the world showed interest in the project, including Russia, South Korea and Canada.

We are extremely excited, that our pre-sale campaign was supported by both leaders of the blockchain industry and individual investors from all over the world. Our goal is to widen financial inclusion by extending credit lending globally, and for implementing it we have to have supporters worldwide.

Sebastian Serrano
Co-founder and CEO, Ripio

The launch of Ripio Credit Network was announced in September this year. In January, the Argentine start-up, previously working under the name BitPagos, attracted $ 1.9 million in investment and get rebranded. Venture funds Huiyin Blockchain Venture, Boost VC, Digital Currency Group and Draper VC invested in the project.

8th - 14th October ICO voting results

Summarized results of users' poll on 8-14 October upcoming ICOs
18 October team is working hard to improve reader's experience. We are trying to add something new regularly. Our latest addition was the poll for upcoming ICOs. We've asked you about your opinion on upcoming tokensales. So, it's time to summarize the poll resultsSo for upcoming ICOs, 8th to 14th October.

So, here are the leaders:

  1. Papyrus
  2. Opporty
  3. Red Pulse

Let's check how things are going for this tokensales.

Papyrus is the world’s first fully comprehensive and highly scalable decentralized ecosystem for digital advertising which radically improves programmatic advertising stack to provide efficient, transparent and mutually beneficial environment for users, publishers, advertisers and decentralized application (dApp) developers using blockchain architecture.

Papyrus' tokensale started as planned, on 12th of October. At the press time, no info about funds raised available.

Also, bonus 20% bonus discount was active for 3 full days — until 14:00 UTC on October 15. 

Opporty is a decentralized service marketplace and self-regulated knowledge-sharing community platform. By offering blockchain-powered smart contracts and a decentralized Escrow system, Opporty puts client-contractor relations on the blockchain. The platform, with the help of its Expert community, ensures transparency and security, standardizes procedures, and creates an environment of cooperation that instills trust between parties.

Opporty's ICO is delayed - according to official announcement, it is rescheduled from 18th to 27th of October. 

Opporty team named three reasons for that:

First of all, the current fluctuation in the market caused by another Bitcoin Fork has given us pause.

Secondly, we are in the process of getting legal approval on the Utility status of our token and we need a little more time.

Thirdly, scammers have planned attacks on October 18th. 

Opporty team

We wish good luck to Opporty team and their future investors.

Red Pulse solves these issues by creating a groundbreaking research content platform that simplifies incentives and directly compensates research producers for their valuable insights, while ensuring research consumers can access the research that is most relevant to them. Our RPX token is the underlying currency used to facilitate this ecosystem, and provides token holders with direct participation in the rise of China.

Red Pulse ICO
Red Pulse ICO

Red Pulse ICO finished. According to official website, 405844 NEO out of 405844 NEO raised. Great news for Red Pulse investors! We hope that they will receive big income in the future.