Tokens.Net to Launch Private Beta

Tokens plans to launch the private beta during April 2018, and later in June it will release the beta version of mobile application
09 April 2018   1234

Tokens.net is a platform which introduces Dynamic Trading Rights (DTR) token aiming to revolutionize the current crypto exchange environment as the exchange will not be collecting trading fees for the purpose of running operations, instead it will use them to purchase DTR tokens which will later be provably burned by a smart contract.

According to the whitepaper of Tokens, it plans to launch the private beta during April 2018, and later in June it will release the beta version of mobile application.

Tokens.net Whitepaper FragmentTokens.net Whitepaper Fragment

Tokens Initial Coin Offering lasted from November 6, 2017 to December 6, 2017. Currently DTR token is trading at Livecoin and EtherDelta cryptocurrency exchanges. The public launch of the platform will take place in July 2018, and the public lauch of the mobile app is expected in August 2018.

Moreover, Tokens trading platform will introduce DTR Voice. The community will be periodically consulted about the future decisions regarding both future trading pair listings and other decisions that would contribute to the user experience.

ICOs to Sell 400k ETH in a Month

Some recent leading ICO projects at the same time turned out to be the main sellers of ETH
17 December 2018   75

Over the past 30 days, ICO-startups have sold 416,000 ETH - the largest amount for the monthly period since this summer.

In August, such startups sold only 100,000 ETH, and in September the amount rose to 300,000 ETH. In November, they liquidated 100,000 ETH in one week and over 400,000 ETH in the last month, reports Trustnodes, citing data from Santiment.

This is still significantly lower than in January-March, when 630,000 ETH was sold in March only for one day. Some of these sales were probably related to EOS. When they sold all the Ether, the situation has noticeably stabilized and remained so until recently.

Some leading ICO projects at the same time turned out to be the main sellers. SingularDTV was the largest of them, but not too far ahead of Aragon and Kyber.

Status also actively eliminated cryptocurrency, but all four still have large stocks of ETH. All monitored ICO Santiment currently has about 2.9 million ETH in the amount of only $ 290 million - so much the last year the leading ICOs cost separately.

For a long time, the reserves of ICO-projects amounted to about 3.3 million ETH, despite the prolonged decline in the crypto market and the popularity of this method of collecting funding, since they were compensated by new campaigns. The fall of this indicator by 400,000 ETH makes it possible to conclude that the attraction of new funding in recent weeks has stopped, probably along with the actions of the US Securities and Exchange Commission (SEC)