Top-3 Ongoing ICO 29.07 - 4..08 Acc. to Our Readers

Let’s check which ongoing ICOs from 29th July to 4th August are considered the best among our readers
06 August 2018   363

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. Humancoin 

Humancoin is the new massive cryptocurrency fuelled by the Proof of Charity mining protocol. This invention allows the project to scale thousands of times. It is backed by retail e-commerce and charity industry which together have a combined value of $3,5 trillion. Blockchain technology on a single P2P convenient platform adds transparency and traceability. Association with philanthropy will make Humancoin a potential global loyalty programs aggregator. Humancoins will be easily convertible into any partners' points, miles, bonuses. Quarterly buyback 5x the Token Sale price after launch.

Humancoin ICO
Humancoin ICO

At the moment, Humacoin raised $ 886 507

2. Blockshipping GSCP 

Blockshipping is creating the GSCP platform, which will be both the first real-time registry of the world’s approximately 27 million shipping containers and a joint platform for all players in the container shipping industry. The GSCP platform will be based on blockchain and modern sensor technology, and it has the potential to reduce costs for the global shipping industry to the tune of USD 5.7bn annually and reduce the global CO2 emission by more than 4.6 million tons every year. The GSCP ICO offers contributors a unique set of token features including the benefits of a Revenue Sharing Model as well as a Market Maker Fund that allows ICO contributors to sell their coins back to the platform at a floor price. The first ICO to be based on a new Danish legal framework called The ICO 2.0 Framework.

At the press time (06.08.2018) there's no info on the raised funds.

3. AVINOC 

AVINOC is a consistent, integrated and permissionless base data layer for decentralized, transparent and worldwide coordination of business flights within the general aviation, to achieve optimal utilization and reduce costs significantly. Every user involved in AVINOC possesses a local copy of all relevant data. This creates new opportunities for global, direct, permissionless, and fast communication between participants involved in the complex aviation business. AVINOC makes all necessary information of availability of staff and equipment visible in a decentralized manner. Efforts for communication and coordination can be reduced to a minimum or, in most cases, they can be totally eliminated.

There's no info on the raised funds.

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

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Pantera Capital to Intend to Raise $175M for Crypto Fund

Whether the firm can achieve its funding goal is still unclear
16 August 2018   167

Pantera Capital intends to raise up to $ 175 million for its third venture fund, focused on the blockchain and cryptocurrencies, which marks significant progress against the background of the company's other two funds: the assets of the first of them are $ 13 million, the second - $ 25 million. This is reported by TechCrunch.

As reported, company's partner Paul Veradittakit says the target amount is a “function of how fast the space is moving, the talent coming in, the opportunities, and the sizing of rounds. With more interesting later-stage investments [on our radar], too, we want to be flexible and able to move with the market.”

Whether the firm can achieve its funding goal is still unclear. According to documents recently sent to the US Securities and Exchange Commission (SEC), it has already managed to raise more than $ 71 million with the participation of 90 investors. Veradittakit calls this event "the closing of the first transaction".

One of the company's new funds, which opened last year, has a hedge fund structure and focuses exclusively on the ICO. The founder of the company Dan Morehead said earlier that Pantera takes part in the first stages of such campaigns, "basically getting a discount to the ICO price by getting in early, when it’s just a team and a white paper."

The second fund of the company is engaged in investing in bitcoin and has managed to serve a large number of investors during its existence. According to Morhed's calculations, the fund, launched 5 years ago, demonstrated a return of 10 136%.

The last fund Pantera invests in cryptocurrencies, which are already traded on the exchanges. It uses machine learning for algorithmic investment and takes into account the views of the company's management when making investment decisions.