Xsolus to Launch ICO on its own Crowdfunding Platform

Xsolus project aims to  seeks to grow a global team of like-minded individuals to build real-world solutions, innovate blockchain-related technologies, and increase the stability and governance of actors in the community
30 April 2018   815

Xsolus, a blockchain solutions company, offers its cryptocurrency crowdfunding campaign beginning May 1, 2018 at 15:00 GMT. The campaign is set to run for 4 weeks until May 29, 2018, or until all coins are sold out.

XsolusXsolus

The crowdfunding campaign aims to provide an opportunity for potential partners, customers, users and enthusiasts to participate using Bitcoin (BTC), Ethereum (ETH), Dash (DASH), Litecoin (LTC) and Monero (XMR) in exchange for Xsolus (XSO) coins in order to raise funds for the development of Xsolus’ product ecosystem of tools and technologies, and to expand Xsolus’ services capabilities.

Participants in the crowdfunding campaign can use XSO coins on Xsolus’ Coin Of The Realm (COTR) blockchain to pay for Xsolus’ products and services, and trade them on cryptocurrency exchanges; including Xsolus’ own BULLBEAREX decentralized cryptocurrency exchange. XSO coin holders are also given exclusive rights to participate in private pre-sales and/or first rounds of future Xsolus and InventCrypto (IC) incubator partner crowdfunding events.

Xsolus’ crowdfunding campaign will be conducted on Xsolus’ own multiple simultaneous Crowdfunding Platform (CROWDFUND). Subsequent rounds for the current crowdfunding campaign may happen sooner based on demand.

About Xsolus

Xsolus is an IT solutions company specializing in blockchain technology applications, web and mobile app development. Headquartered in Panama, Xsolus has a global presence spanning across Hong Kong, Singapore, Philippines, Canada and the United States. Comprised of solution architects, software developers, UI/UX designers, and cryptocurrency enthusiasts, Xsolus believes in the power of decentralized systems, democratic finance, censorship resistance, transparency, and innovation.

global presence The global presence of Xsolus

Some of the products Xsolus is currently developing include an open source blockchain platform, a decentralized cryptocurrency exchange, a crowdfunding/ICO platform, and a wallet and payments solution.

Founders of Xsolus have a combined experience of nearly 50 years and are active in blockchain-cryptocurrency development and mining. They also have a wide range of related industry experience including in finance and trading.

Xsolus seeks to contribute to the blockchain-cryptocurrency community by continuing to grow a global team of like-minded individuals to build real-world solutions, innovate blockchain-related technologies, and increase the stability and governance of actors in the community.

Сould you please attach your email address for us to send you the most interesting ICO's rating and reviews. No spam.

Pantera Capital to Intend to Raise $175M for Crypto Fund

Whether the firm can achieve its funding goal is still unclear
16 August 2018   197

Pantera Capital intends to raise up to $ 175 million for its third venture fund, focused on the blockchain and cryptocurrencies, which marks significant progress against the background of the company's other two funds: the assets of the first of them are $ 13 million, the second - $ 25 million. This is reported by TechCrunch.

As reported, company's partner Paul Veradittakit says the target amount is a “function of how fast the space is moving, the talent coming in, the opportunities, and the sizing of rounds. With more interesting later-stage investments [on our radar], too, we want to be flexible and able to move with the market.”

Whether the firm can achieve its funding goal is still unclear. According to documents recently sent to the US Securities and Exchange Commission (SEC), it has already managed to raise more than $ 71 million with the participation of 90 investors. Veradittakit calls this event "the closing of the first transaction".

One of the company's new funds, which opened last year, has a hedge fund structure and focuses exclusively on the ICO. The founder of the company Dan Morehead said earlier that Pantera takes part in the first stages of such campaigns, "basically getting a discount to the ICO price by getting in early, when it’s just a team and a white paper."

The second fund of the company is engaged in investing in bitcoin and has managed to serve a large number of investors during its existence. According to Morhed's calculations, the fund, launched 5 years ago, demonstrated a return of 10 136%.

The last fund Pantera invests in cryptocurrencies, which are already traded on the exchanges. It uses machine learning for algorithmic investment and takes into account the views of the company's management when making investment decisions.