Trump's Ex-Advisor to Discuss the ICO

Steve Bannon, former adviser to US President Donald Trump, held meetings with hedge funds and private investors
15 June 2018   1156

Steve Bannon discussed with hedge funds and private investors the possibility of holding an initial coin offering (ICO) for his company Bannon & Company. This is reported by The New York Times.

Bannon declined to disclose the details of the results of the talks out of fear that his ambiguous reputation could harm future plans. However, the ex-adviser admitted that he kept some of his savings in bitcoin. Moreover, he believes that crypto-currencies challenge the authorities and individuals engaged in "destructive populism".

It takes control back from central authorities. It’s revolutionary.

Steve Bannon

Former Trump Advisor

Bannon has shown interest in digital currencies since at least 2016. However, it has became known for the general public about this only in 2017, after Bannon left the White House.

This year, he said that blockchain technology gives people "true freedom". Speaking of prominent figures in the crypto world Steve Bannon said that 'these guys are visionaries'. 

Earlier the ex-adviser said that he helps other people to create their own cryptocurrencies. In addition, Bannon even considered the possibility of creating his own digital currency called "deplorables coin". It was "deplorables" that Hillary Clinton called the supporters of Donald Trump.

Huobi to Launch Prime Lite IEO Platform

Huobi Prime Lite is a “niche project” with some tokensale differences from Prime platform and the first project on it will be ThunderCore
24 April 2019   80

Huobi will launch an improved initial exchange offer (IEO) platform called Prime Lite.

Representatives of the company note that Huobi Prime is a “niche project”. Listing requirements for this platform are the same as for the main IEO site. However, tokensale on the new platform will have several differences from Huobi Prime:

  1. Shorter listing cycle and more flexible listing schedule
  2. Trading allocations for users are more flexible
  3. To facilitate the development of HT (Huobi Token), all HT exchanged will be burnt

The launch of the new platform is scheduled for May 9th. The first IEO on Prime Lite will be ThunderCore, which develops a blockchain with a bandwidth of more than 1,200 transactions per second. The project plans to raise about $ 500 thousand.