Top-3 Upcoming ICO 15th - 21st July Acc. to Our Readers

Let’s check which upcoming ICOs from 15th to 21th July are considered the best among our readers
16 July 2018   381

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. MCB

MyCryptoBank — is an online bank allowing any client registered in the electronic bank system to make a full range of bank operations, additional operations with cryptocurrency (payment processing, debit cards, credits and cheap investment products, use of  cryptoassets as credit security and many others) based on Blockchain technology without visit of department. So, MyCryptoBank provides services of client’s remote access to accounts, products and bank services in order to make banking operations. MyCryptoBank offers its clients a multifunctional platform of banking service, which represents a hybrid system combining digital and traditional currencies. The use of digital currencies makes operations faster and cheaper, while traditional currencies guarantee practically all-round acceptance and validity. One account combination allows clients simultaneously using advantages of both types of currencies.

MCB ICO
MCB ICO

As reported, MCB had already exceeded the soft cap! Over $3M raised! Great result!

2. Bitbose

We, at Bitbose completely understand the insecurities related to financial investments in the current market scenario. Heavy transaction fees, third party interference, low interest rates, poor liquidity and over dominance by banks & other financial institutions, are to name a few. The current market scenario is prone to fluctuations and hence, unpredictable. The lack of modern technologies and obsolete approach towards all fiat-currency investment solutions is further leading to more dissatisfaction and lack of trust by the common man.

BitBose ICO
BitBose ICO

There's no info on the raised funds except the pic above.

3. Guarium 

The global e-Commerce market is rapidly growing every year. In 2017, the B2 °C global online sales market amounted to as much as 2.3 trillion dollars and it is estimated that by 2021 it will amount to 4.5 trillion dollars which shows the worldwide trend in terms of the way people spend their money.

There's no info on Guarium ICO raised funds.

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

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SEC to Slap ICO Founder With $30K Fine

Additionally, David Laurance, founder of Tomahawk Exploration LLC got 2 lifetime bans
15 August 2018   119

The US Securities and Exchange Commission (SEC) on Tuesday reported that it has issued two new bans directed against David Laurence, the founder of Tomahawk Exploration LLC. Tomahawk allegedly stands behind fraudulent ICO, writes CoinDesk.

Laurence, according to the SEC, raised funds through the sale of Tomahawkcoin tokens, in the process of using misleading advertising materials and fraudulent statements that it is a tenant of drilling sites.

Moreover, the sale of Tomahawkcoin tokens, according to the SEC, was accompanied by a false promise that "the holders of tokens will be able to exchange Tomahawkcoin for shares and receive a potential profit from oil production and secondary tokens trading."

According to the SEC, Lawrence neither acknowledged nor denied the charges, but he and his company agreed to these bans, as well as a fine of $ 30,000.

...Tomahawk issued tokens as part of the Bounty Program to generate interest in the ICO, which benefited Tomahawk. Distribution of tokens that are securities in exchange for promotional services to advance the issuer's economic objectives or create a public market for the securities constitute sales for purposes of Section 5 of the Securities Act and Section 10(b) of the Exchange Act and Rule 10b-5 thereunder.
 

SEC

The first prohibition of the SEC is a ban on the director's work in public companies, and the second does not allow Lawrence to own and trade in so-called "penny" shares. Both prohibitions, according to the announcement of the SEC, are lifelong.