TOP-3 Upcoming ICO 14.01 - 20.01 according to our readers

Let’s check which ICOs from 14th to 20th January are considered the best according to our readers
25 January 2018   1812

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 ICO of this week according to our readers.

1. SelfKey

SelfKey is a Blockchain based digital identity system that allows individuals and companies to truly own, control and manage their digital identity, and instantly access Citizenship and Residency by Investment, Company Incorporation, Fintech Products, Token Sales, Exchanges and much more.

Selfkey team concluded successful ICO with around $21.7M raised. As you can see above, according to official Twitter account, "airdrop" begins soon. Great result, SelfKey team!

2. MachtCoin

Machtcoin, Adrenaline inspired, is a community based and decentralized cryptocurrency built with the latest blockchain technology and creating an eco-system application based on  3 pillars of project that consist of sport, travel & tourism, and trading in one platform.

There is no info on raised funds. But if we look to the Twitter account, ICO looks succesful.

3. Fire Lotto

FireLotto is new Ethereum based lottery. All transactions via smart contract. Fire Lotto can operate as a global blockchain protocol, but can also be offered to governments of specific countries as a solution to challenges to ensuring a fair lottery.

Pre-ICO is still running and raised funds in pending info. But team reports on first JackPot winner! Great start! Cheers to winner and the team!

As you can see, year 2018 for ICO campaigns started really good. Our readers have great “sense” for top ICOs and showed their support for those, that are truly on the top. 

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3 ICOs of Extrabit banned by Alabama Securities Watchdog

Alabama Securities Commission (ASC) has ordered alleged cryptocurrency mining firm Extrabit to stop its token sale offering in the state
25 May 2018   57

The U.S. state's securities regulator, the Alabama Securities Commission (ASC), has supported its colleagues in Texas and New Jersey in hitting out at ICOs that are soliciting local citizens. The cease-and-desist order which was published yesterday  claimed that the agency has ordered purported cryptocurrency mining firm Extrabit to cease its token sale offering in the state.

The ASC declared the company has been illegally begging Alabama investors with what it considers an unregistered securities offering after it announced its token sale on the website of WSFA, an NBC-affiliated TV station recognized in the state capital, Montgomery. While presently the online advertisement appears to have been taken down, the agency said in the order that the firm originally claimed that investors in the pre-ICO phase could buy Extrabit's token "EXB" at half price.

The advertisement claimed that in order to take part in the pre-sale, the user should invest $20,000 and after the purchase, the tokens will be sent to MyEtherWallet within 48 hours. Then, Extrabit's white paper states that, since the firm generates its profits chiefly from mining bitcoin, zcash and monero, it pledges a 185 percent return on investment every quarter for investors who maintain a positive balance in their EXB wallet.

As well as offering unbooked securities, the ASC said the project made "materially misleading" suggestions to deceive investors. Extrabit is not the only token project that is targeting residents in Alabama. A Google search for "token sale" on the WSFA website currently comes up with over 200 press release-style ads from various ICO projects. 

The ASC has also checked two other token sale projects, called LEV and Platinum, with cease-and-desist orders entered on May 2 and May 18. Like with Extrabit, the agency charged the two projects of selling unregistered securities in Alabama while making vaporous promises to potential investors over the likely returns on investment.