TOP-3 Ongoing ICO 8 - 14 Feb According to Our Readers

Let’s check which ongoing ICOs from 8th to 14th February are considered the best according to our readers
14 February 2018   5576

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
Budbo ICO

At the moment of press, Presale, Tier 1 and Tier 2 round are successfully closed, 50M BUBOs were sold. Tier 3 is ongoing with 6.5M BUBOs sold. Great results! Looks like team is going to conclude great sale!

2. Pindify

Pindify is the blockchain based online market platform for providers of music, art, and media. Providers can open their stores (portfolios) on the Pindify market and earn revenues on content and relations. Pindify has already got the attention of major brands, labels, and names who are lining up to get onboard. All artists and providers invite their fans, sell content and earn revenue from subscriptions of their fans and followers, to generate even more income than they can earn on YouTube or Spotify.

At the moment of press, there's no info on the raised funds. But we hope that the team is doing good, because the idea is interesting.

3. FOX Trading

Fox Trading aims to improve and modernize the algorithmic trading platforms using Blockchain technology and, at the same time, share the benefits with the community. After years working on its first project, Fox Binary Signals, the team finally decided to expand its service to offer Forex and cryptocurrencies trading. From the beginning project’s goal was to end up offering a complete service for Forex, since in this market the startup doesn’t have the limitations on investments and disadvantages that Binary Options have.

Fox Trade
Fox Trade

At the moment of press, Fox Trade is concluding the Presale with 566k FOXT sold. We wish good luck for the team and profit for the investors.

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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Centra Tech Inc. Co-Founder accused With Fraud by SEC

The US Securities and Exchange Commission (SEC) has charged Centra Tech Inc. co-founder, Raymond Trapani with ICO fraud  
25 April 2018   77

The charge came as the result of the SEC’s investigations into Centra’s controversial $32 million USD initial coin offering (ICO). Mr. Trapani is the third and final Centra co-founder to be accused for taking part in the ICO.

Raymond Trapani, a co-founder of Centra Tech Inc., has been charged by the SEC for his participation in “a fraudulent scheme connected with Centra’s 2017 ICO.” In 2017 Centra made headlines after enlisting celebrity approval from Floyd Mayweather and DJ Khaled. Two other firm`s co-founders, Sohrab “Sam” Sharma and Robert Farkas, were charged by officials earlier this month for their engagement  in the distribution of “CTR Tokens” to investors.

A changed variant of the SEC’s complaint demands that Trapani was the “mastermind of Centra’s fraudulent ICO,” with an SEC press release alleging that “Centra [was] marketed with claims about nonexistent business relationships with major credit card companies, fictional executive bios, and misrepresentations about the viability of the company’s core financial services products.” The SEC accuses Mr. Trapani and Mr. Sharma of “manipulat[ing] trading in the CTR Tokens to generate interest in the company and prop up the price of the tokens.”

We allege that the Centra co-founders went to great lengths to create the false impression that they had developed a viable, cutting-edge technology. 
Robert Cohen, Chief, SEC Enforcement Division’s Cyber Unit

 

The SEC has disclosed a text mail sent to Mr. Farkas and Mr. Trapani from Mr Sharma in what Mr. Sharma said to his colleagues “[w]e gotta get that s[***] removed everywhere and blame freelancers lol.” Mr. Trapani also demanded that Mr. Sharma “cook [him] up” a fraudulent document whilst the company was seeking to get CTR tokens listed on exchanges under misleading pretexts. Mr. Sharma replied to the request with “Don’t text me that s[***] lol. Delete.”

At the same time, the U.S. Attorney’s Office for the Southern District of New York has also looked for criminal accusations against Trapani. The SEC has revealed that text messages  jointly used between Centra’s co-founders discovered the scam purposes of the defendants.