Top recent ICO 5th - 11th November

Learn about the most interesting ICOs, which ended on this week: Ripio, Comsa, Emphy, WordCoin and Ice Rock Mining
10 November

The idea to presale coins of a cryptocurrency or token of a blockchain project has evolved in a crazy successful instrument to raise funds for the development of a new application. Projects held a successful ICO raise millions of dollars, make partnerships and gain popularity. That’s why it is vital to follow the latest ICO news and trends.

Recent ICO

Here is a close up of the most interesting ICO ended this week. As it always happens in this industry, some of them were more vivid and successful, while the others have failed. To find out more, continue reading.

Ripio

Ripio Credit Network is a global credit network based on cosigned smart contracts and blockchain technology that connects lenders and borrowers located anywhere in the world and on any currency.

Sales period. From Oct 24, 2017 to Nov 7, 2017
Accepted currencies. ETH
Raised. $37M
Website and whitepaper.

COMSA

COMSA is a fundraising platform designed for ICO. The platform is based of the NEM protocol. According to the representatives of the project, this decision is designed to optimize the process of attracting investments in digital currency.

Sales period. From Oct 2, 2017 to Nov 6, 2017
Accepted currencies. ETH
Raised. $95M
Website and whitepaper.

Emphy

EmphyCoin is the unit of account between all users of the Emphy ecosystem. This will provide the crypto currency with practical value, functionality, increase its demand and stable interest of users of the system. The limited release of tokens and a stable demand for them due to the growth of the concluded rental smart contracts open up excellent prospects for the growth of the value of EmphyCoin. The real possibilities to use it will help stabilize the volatility of the course of the crypto currency.

Emphy ICO
Emphy ICO

Sales period. From Oct 7, 2017 to Nov 5, 2017
Accepted currencies. ETH
Raised. 1469 ETH
Website and whitepaper.

Wordcoin

WORD.EXPERT (WE) – a multi-functional platform, enabling users to transact in WORDCOIN, a cryptocurrency supported by the services being provided. Here, users can obtain the interrelated and completed services. Word Expert — International decentralized platform for translation, content writing, SMM and SERM services with payments in WordCoin.

Sales period. From Sep 27, 2017 to Nov 7, 2017
Accepted currencies. ETH
Raised. Pending inforamtion (success)
Website and whitepaper.

Ice Rock Mining

Ice Rock aim to have over 4,600 ASIC rigs in the 1,200 square metres of subterranean tunnels in order to mine a selection of different digital currencies – such as Bitcoin, Ethereum, Dash and Litecoin. The idea is that Ice Rock will open an ICO which will allow users to get involved as either minors, or as investors directly into the ICO, with their ROCK tokens.

Sales period. From Sep 25, 2017 to Nov 7, 2017
Accepted currencies. ETH, BTH, BTC, LTC
Raised. 297 370 $
Website and whitepaper.

Japan’s FSA defines policy on cryptocurrencies and ICOs

The Japanese Financial Services Agency announced a document clarifying its financial administrative policies on cryptocurrencies and initial coin offering
20 November

FSA has recently published 41-page document on financial policy. There is the unit on Bitcoin and other cryptocurrencies.

First topic of discussion was providing protection of crypto-exchanges. As cryptocurrencies utilizing Blockchain technology, “which was not seen before,” agency claimed that both business and system management required.

The agency decided to “look at the trends in the currency market” and ensure that each operation took place at exchanges. FSA also pays its attention to the balance between the promotion of innovation and the protection of users, noted that it is necessary to monitor whether the system is in place, they will respond to changes in the environment surrounding the virtual currencies for protecting users, such as verifying appropriate explanation or information provision for users is in place.

FSA tries to provide high-level security to users “through safe and stable system operation and fraud prevention.” It will be provided by verifying whether risk management has already been installed at crypto-exchange.

The Agency also will struggle against such crime acts like money laundering.