Top-3 Ongoing ICO 10th - 16th June

Let’s check which ongoing ICOs from 10th to 16th June are considered the best among our readers
18 June 2018   1130

Our readers are dedicated cryptocurrency enthusiasts and fans of blockchain technology. We provide them with the ability to express their opinion regularly. Let’s check top three upcoming ICO according to our readers.

1. Hydrominer 

H3O will be the first security token with a capital market prospectus according to European financial law and a completely new model in the way investors will be able to profit from the mining process. The H3O token is the next best thing to a share in the company. In the event of an IPO the token underlying will be exchanged from a participatory right to a share in the company. In the presale you will be able to obtain H3O at a bonus of 42.8% The total supply is 7 Mio USD in the presale. In order to be compliant with this security token there are different rules for each country, there are different minimum investment requirements as well as KYC requirements.

At the moment, there's no info on the Hydrominer's raised funds.

2. Alehub 

The main aim of ALE - is to engage the technologies of decentralized applications for project management automation. It allows performing the search of works contractors and other labor force in the legal field. That is why we have created ALE – the platform to implement project management decentralized services, with a blockchain as a central element in it. One of the main ALE features - is to support multilateral smart contracts. By means of them, or, to be exact, due to the possibility to automatically administrate the relationship of the parties, the confiding environment is guaranteed. As for now, ALE is mirrored to Ethereum network in order to provide liquidity and to easier exchange listings. ALE is a security token, that grants a right for a share of ALE system profit.

At the moment, there's no info on the Alehub's raised funds.

3. Alethena

Alethena is the first Swiss Blockchain-Asset rating agency. Reliable due diligence and a resulting rating are established by providing a professional, transparent and in-depth methodology. Proudly transferring the values of its Swiss heritage, Alethena sets itself the highest standards of neutrality and independence. A scalable and decentralised methodology is the definite goals to be achieved with A.I. and Machine Learning in the near future.

Alethena
Alethena

At the moment, Alethena raised CHF 574'932 during ICO.

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Pure Bit to Refund Investors' Money

Another cryptocurrency scam storu may have happy ending
15 November 2018   93

The founders of the South Korean exchange Pure Bit, who were suspected of stealing investors' money, announced the return of funds.

According to the local edition of BlockchainROK, representatives of the exchange have already partially returned the money to some users and pledged to return all other funds.

On November 4, the exchange team launched the ICO with the goal of collecting about $ 30 million to create a crypto exchange. However, on November 9, Pure Bit closed the site, said goodbye to its investors and removed everyone from the group in the KakaoTalk messenger. Also, the founders of the exchange withdrew funds from the account that was used for ICO.

According to CCN, one of the issues traced the Ethereum address of the exchange and asked Upbit to block the account and freeze the funds. Upbit fulfilled this request.

This is Pure Bit. First off, I would like to apologize to everyone that was affected by the ICO. Since November 5, I raked in 16,000 ETH and did not open a crypto exchange as promised. I kicked out everyone in our social media chat groups and disappeared without any message. I negatively affected investors in the project psychologically and financially. I made an unforgivable mistake that cannot be turned around, blinded by money. It has been less than a day and I have already started to suffer from guilt. Although it cannot be compared with the hardship faced by the investors, I also felt significant guilt. I sincerely apologize to all of the investors in the ICO who were affected by the operation.
 

CEO of Pure Bit

The founder of Pure Bit also notified that he would return ETH 16,000 to depositors without taking into account the payment of services to a third-party company that organized ICO.