Top-3 Ongoing ICO 17th - 23rd June Acc. to Our Readers

Let’s check which ongoing ICOs from 17th to 23rd June are considered the best among our readers
25 June 2018   705

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. CyClean 

CyClean is a project that promotes clean energy through a rental system of electric vehicles. It applies blockchain technology and smart contracts to encourage people to use electric vehicles, thus reducing the emission of toxic gases. Cyclean coin can be mined just by using CyClean products based on Meters or Watts. Traditional ways of mining coins are not sustainable to our nature. But we have implemented innovative way to connect environmental protection, block chain, electric vehicles, and peoples' desire to be rewarded. By using CYCLEAN product, one can mine coin just by using the product. For example, if a user rides CYCLEAN electric motorbikes, the user gets coin based on Meters traveled. This is possible because we upgrade good product with wireless network and server integration. We are mainly focused on stopping exhaust fumes with immediate motivation and effect. As we expand more, we replace more exhaust fumes. Join our clean cycle. Save yourself and earth, be rewarded.

CyClean ICO
CyClean ICO

As you can see on the screenshot above, guys are doing well.

2. yappadappadoo 

Until now, apps have been prisoners of their own separate ecosystems. Now the app world is making the long-awaited break for freedom. A new generation of applications will revolutionise the app market: Progressive Web Applications (PWA). Progressive Web Applications are a blessing for growth markets like India, China and Africa, where most users can only avail of poor network coverage and lower quality hardware. India, for example has 20% of all mobile phone users worldwide. However, 99% of the network coverage in India is still based on 3G. By combining the advantages of two young future-proofed technologies, Blockchain and Progressive Web Applications, yappadappadoo will establish itself as a David against the market-dominating Goliath app stores of Apple and Google and will achieve a significant market share. The yappadappadoo Project and App Store are carried out by ITC Information Technology Consultants GmbH, a company registered in Zug, Switzerland.

At the moment, we weren't able to find info on raised funds of this project.

3. DICE Money 

DICE has properties of both the presently existing cryptocurrencies and traditional money, and also creates a brand new funding route for any business. DICE introduces the “Cluster Model” economy, based on a large number of unconnected peers (called “operators”) all working within a singular global ecosystem. Each of those network peers is in a way a small country of its own, and the DICE miners supporting it, are its virtual citizens. “Investment Mining” is another breakthrough that the cluster model provides. Miners own their new DICE, but the capitalisation of the respective operator increases with the overall mining production.

There's no info on funds, raised via DICE ICO.

We will keep our eyes on these projects. Stay tuned!

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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.