Steven Seagal Left Bitcoiin2Gen ICO After $75M Raised

It is stated that this step was taken within the plan, which assumes complete anonymity of this cryptocurrency
27 March 2018   839

The Bitcoiin2Gen project announced that its founders and brand ambassador, Steven Seagal, left the organization after the ICO campaign was completed.

The official website of the project says that during the ICO $ 75 million was collected. This amount was the called Soft Cap, and at the moment visitors to the site are greeted with a message that there is still some "limited" number of tokens available for sale.

In a press release, the Bitcoiin2Gen team thanks all investors, anonymous founders and personally Steven Seagal.

It is stated that this step was taken within the framework of the plan, which assumes complete anonymity of this crypto currency created on the Ethereum blockchain.

As Bitcoiin goes through the conversion phase from token to mineable coin we wish to advise that Bitcoiin will join the likes of the original Bitcoin and become a truly open source. Therefore a big thank you to the Founders and to our Brand Ambassador whom we wish all the best in their future endeavors. However, from this point on Bitcoiin will function within its ecosystem and become a genuinely anonymous cryptocurrency with no individual or individuals having control over the entity!
 

Bitcoiin2Gen team

Earlier the project was severely criticized and compared to pyramid schemes, however, as stated in the press release, the commission structure operated only for the duration of the ICO and served as a way to reward users who promoted it. Representatives of Bitcoiin2Gen also reproached the media for pursuing sensations and comparing the project with financial pyramids.

It is also claimed that upon the completion of the ICO and with the start of the mining, the project founders will designate one or more community representatives who will become legal owners of the bitcoiin. com website.

Earlier this month, Bitcoiin's activities were ordered to stop the by New Jersey Securities Office. In a short time, the same decision was taken by the state of Tennessee.

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SoftBank & Baidu to Invest in Atlas Protocol

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance
21 August 2018   130

The Atlas Protocol marketing module (ATP) has completed a round of attracting initial funding, led by SoftBank China Venture Capital (SBCVC), having collected several million dollars during it.

In a multimillion-dollar round, the exact amount of which was not disclosed, Baidu Ventures (BV), Danhua Capital and Fenbushi Digital also took part.

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance (xGBA). The "first developer" of Google Adwords, Jeremy Zhao and Columbia University Professor Ronggui Gu will serve as project advisors on technical issues.

Atlas Protocol plans to create a blockchain ecosystem and "to form a new paradigm of interactive marketing." According to the press release, ATP allows you to rank "calculated values ​​on the block and transfer value using tokens" using the ATP Smartdrop service application.

xGoogler Blockchain Alliance was formed in April this year as a community of former Google employees interested in blockchain technology. Its founders were the developers of projects Nebulas, Loopring and Gifto.