Top Managers to Leave to Block.one

Six managers are going to launch own blockhain project StongBlock
26 September 2018   1573

Six people left the top management of the crypto start-up Block.one. As CoinDesk writes, top managers have teamed up to create their own blockchain project StrongBlock.

Senior Vice President of Technology Operations David Moss, vice president of product Thomas Cox, vice president of infrastructure Brian Abramson and senior technology director Cory Lederer joined Block.one in 2017. During this period, the company through raised $ 4 billion thru ICO to create a decentralized environment for running EOS applications.

Now, together with freelance developers John Eric-Cook and Michael Mason, they will work on the development of a blockchain marketplace, which they could not realize in Block.one.

In August, David Moss, CEO of StrongBlock, compared the EOS blockchain with
by plane Boeing 787, and StrongBlock called "a factory of 787-x, manufactured on an individual order."

Currently, StrongBlock works in secret mode. The date of release of the new product is not reported.

In July, Block.one, which controls 10% of the total emission of EOS tokens, announced participation in the voting for block producers.

ICOs to Lose Popularity, Diar Research Say

Diar assumes that in the future unregulated ICOs won't attract significant attention
11 December 2018   49

Although since the beginning of this year, ICO-startups have managed to raise over $ 12.2 billion, the November figure was only $ 65 million, according to data from a new study of the Diar portal.

According to analysts, the once popular method of financing, which allowed startups to attract tens and hundreds of millions of dollars in the absence of any product, exhausted itself against the background of fears about regulators' actions and the general dynamics of the cryptocurrency market, which did not leave retail investors with anything except for an unpleasant aftertaste.

This version is also supported by the data from the TokenData portal, which Diar leads in his research. Even with respect to the October levels, which constituted only a small fraction of what could be collected a few months ago, the November figures were 3 times lower.

Diar assumes that in the future unregulated ICOs as we have known them over the past years will no longer attract significant attention and will give way to regulated platforms of tokenized securities.