Top-3 Upcoming ICO 24th - 30th June Acc. to Our Readers

Let’s check which upcoming ICOs from 24th to 30th June are considered the best among our readers
25 June 2018   790

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. ABLE

The ABLE project will create a platform that enables cryptocurrency-based banking activities to center around the ABLE account, emanating from the fact that banking activities are carried out primarily through bank accounts. Users propose deposit and loan interest rates through a matching system, eliminating the lending-deposit spread by directly connecting users on a peer-to-peer basis. The ABLE project supports decentralized exchanges and provides decentralized cryptocurrency wealth management services through smart contracts. Ultimately the project aims to evolve into the ABLE Ecosystem through its integration with external systems, including simple payments.

ABLE team is conducting an Asia region roashow at the moment.

2. Etherisc

The mission of Etherisc is to build an open protocol for decentralized insurance applications, making it more efficient, enabling lower operational costs, providing greater transparency into the industry compared to traditional operations, and democratize access to reinsurance investments. Three demos have already been developed for three different insurance fields: Flight Delay DAPP, Social Insurance and Crop Insurance. And, especially interesting for the crypto space, Etherisc is also working on a multi-signature crypto wallet that can be insured.

etherics Twitter
etherics Twitter

Etherics ICO starts today.

3. idap.io

idap.io is an International Digital Asset Platform, which aims to provide a complete Derivatives Ecosystem for Crypto Assets, offering Futures, calendar & butterfly spreads, options, and swaps among major trading products. idap.io exchange also supports spot trading, P2P lending and ETFs. Additionally, it is providing an ICO venture fund with a focus on retail investors. idap.io platform provides a Point-and-Click Ladder based Trading Interface through its Desktop Application. Its simulator tool aids beginners in learning futures trading. idap.io will issue its own token, the IDAP token (IDAP), which will be based on Ethereum blockchain (ERC 20). IDAP token holders will get 50% discount in trading and management fees if paid in IDAP tokens. There will be zero trading fees for ICO contributors.

idap ICO
idap ICO

At the moment idap.io is conducting the pre-sale. According to the website, 10% of tokens are sold.

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

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Pure Bit to Refund Investors' Money

Another cryptocurrency scam storu may have happy ending
15 November 2018   93

The founders of the South Korean exchange Pure Bit, who were suspected of stealing investors' money, announced the return of funds.

According to the local edition of BlockchainROK, representatives of the exchange have already partially returned the money to some users and pledged to return all other funds.

On November 4, the exchange team launched the ICO with the goal of collecting about $ 30 million to create a crypto exchange. However, on November 9, Pure Bit closed the site, said goodbye to its investors and removed everyone from the group in the KakaoTalk messenger. Also, the founders of the exchange withdrew funds from the account that was used for ICO.

According to CCN, one of the issues traced the Ethereum address of the exchange and asked Upbit to block the account and freeze the funds. Upbit fulfilled this request.

This is Pure Bit. First off, I would like to apologize to everyone that was affected by the ICO. Since November 5, I raked in 16,000 ETH and did not open a crypto exchange as promised. I kicked out everyone in our social media chat groups and disappeared without any message. I negatively affected investors in the project psychologically and financially. I made an unforgivable mistake that cannot be turned around, blinded by money. It has been less than a day and I have already started to suffer from guilt. Although it cannot be compared with the hardship faced by the investors, I also felt significant guilt. I sincerely apologize to all of the investors in the ICO who were affected by the operation.
 

CEO of Pure Bit

The founder of Pure Bit also notified that he would return ETH 16,000 to depositors without taking into account the payment of services to a third-party company that organized ICO.