TOP-3 Ongoing ICO 25.01 - 31.01 according to our readers

Let’s check which ongoing ICOs from 25th to 31st January are considered the best according to our readers
01 February 2018   3561

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 ongoing ICO according to our readers.

1. Budbo

Budbo, Inc., is creating a Global Cannabis Blockchain built to drive efficiency, transparency, and data-driven analytics into this nascent industry. Budbo will be the first of its kind, fully integrated blockchain based solution that serves as the backbone for cannabis legalization, medical research, and the cannabis ecosystem as a whole. Utilizing the GPS technology to track cannabis movements from seed to sale, the blockchain allows Budbo as a company and industry to track the entire journey from grower to consumer. Collecting a network of verified and immutable data available to the public will also standardize and regulate interactions between cannabis users, dispensaries, medical research facilities, and state & federal governments. The token being a true utility token will act as the api key to send and receive global cannabis data and valuable insight into the processes in all sectors of the cannabis industry. The global cannabis blockchain solution will help aid in transparency, compliance and regulation for local and federal governments, helping push forward the legalization movement.

Budbo ICO
Budbo ICO

39 755 425,994 BUBOs sold

Great result! And the sale is still ongoing!

2. ClearCoin

ClearCoin's global advertising exchange technology built on top of blockchain is a bold solution to the aforementioned problems. The global advertising exchange connects advertisers and publishers and tracks all transactions in a proof-of-history ledger. The proof-of-history ledger is built on blockchain and helps combat ad fraud and inaccuracies.

$3.35 million raised so far

47% of tokens sold. And Sale is planed to finish on 31st of March. Good progress.

3. Let Bet

LetBet announces ICO to revolutionize online gambling LetBet will issue its cryptocurrency named LBT to enable a decentralized, trustless, and fast online gambling protocol powered by blockchain. Belize, 28 December 2017: Blockchain-based online gambling platform LetBet is releasing its own digital currency named LBT to disrupt the status quo of traditional online gambling systems - delays, unfair payout systems and the innate trust on a potentially corrupt third party. Hence, it will revolutionize the online gambling industry and aims to bring the industry to a new future in the next few months. The online gambling industry is currently valued at about 500 billion USD. This amount is increasing continuously and is slated to reach nearly 1 trillion USD by 2021. Given the development of internet and mobile, the online gambling industry will become a big boom in the very near future. This sector consists of many business models & technologies, including Sports Betting, Online Poker, Casino Games, Online Bingo and Online Lottery, among others.

Let Bet
Let Bet

At the moment of press, pre-ICO is ongoing. 11.89m LBT tokens sold

We will keep our eye on these campaigns and we hope that their projects will be successful. We are really grateful to our readers for your opinion expression. Please, check the updated Top Ongoing ICO and take part in new poll!

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Swiss Regulators Published ICO Guidelines

The Swiss Financial Market Supervisory Authority FINMA published today initial coin offering (ICO) guidelines  
16 February 2018   166

The guidelines set out how it intends to apply financial market legislation in handling inquiries from ICO organizers. According to it, regulators will oversee and regulate ICOs anti-money laundering laws.

FINMA clarifies how token issuers should proceed in the country. The regulator also stated that there is a sharp increase in the number of Switzerland-based ICOs. This led to questions about applicable regulations.

The press release noted that financial market law and regulation aren’t applicable to all ICOs. Each case must be decided on its individual merits.

The regulations will be based on economic function and purpose of the tokens issued by the ICO organizer. Due to the fact that there is no generally recognized terminology for the classification of tokens in the world,  FINMA categorizes tokens into three types:

  • Payment tokens are synonymous with cryptocurrencies and have no further functions or links to other development projects.

  • Utility tokens are tokens which are intended to provide digital access to an application or service.

  • Asset tokens represent assets such as participation in real physical underlyings, companies, or earnings streams.  

FINMA will handle ICO inquiries according to three different categories, based on the type of tokens they’ll be issuing.

  • Payment ICOs (payment tokens), that issue tokens that are transferable and function as means of payment.

  • Utility ICOs (utility tokens), that will not qualify as securities, as long as their purpose is to confer digital access rights to an application or service. If a utility token functions as an investment in economic terms, it will be treated as a security.

  • Asset ICOs (asset tokens), that issue tokens that will be seen as securities. This means they’ll be treated like equities or bonds. These will be subject to strict requirements.

Our balanced approach to handling ICO projects and inquiries allows legitimate innovators to navigate the regulatory landscape and so launch their projects in a way consistent with our laws protecting investors and the integrity of the financial system.

Mark Branson

FINMA CEO