Z/Yen Group urged to develop ethical standards for ICO

The London Token Fundraising Manifesto released, signed by more than 30 representatives of the British crypto industry  
26 October 2017   1932

The London-based Z/Yen Group research center published a manifesto calling for the new standards for the ICOs.

The authors of the manifesto note that the blockhain technology risks to earn a bad reputation because of the chaos that prevails in the market of cryptocurrencies and ICO.

Where is the new technology that has not been decried as dangerous by its incumbent opponents? The great potential of this technology risks being put back significantly, denying benefits to billions, if significantly tainted with incompetent delivery or fraudulent schemes. In that eventuality, rightly, expect regulators, the judiciary, legislators, and the public to bear down on the use of smart ledgers.
 

The London Token Fundraising Manifesto 

The document proposes to establish new ethical standards for ICO start-ups and bring to the fore autonomy, transparency, honesty and fairness.

The manifesto was signed by more than 30 representatives of the British cryptocoin industry.

Poloniex to Receive GRAM Listing Application

The application was filed by the head of the Gram Vault custodian and Blackmoon COO Sergey Vasin before the SEC's lawsuit
22 October 2019   70

The head of the Gram Vault custodian, Sergey Vasin, filled out an application for listing on the Poloniex exchange before the SEC filed a lawsuit against Telegram.

According to Vasin, who is also a Blackmoon COO exchange, Gram Vault stores 50% of tokens from the first round and 75% of tokens from the second round of sales.

He also added that Telegram does not work directly with exchanges. The document was at the disposal of CoinDesk.

SEC asked Telegram for information on possible Gram trading on the Coinbase, Poloniex, Bittrex, Huobi, Binance, Blackmoon and Liquid exchanges. Only the last two and Coinbase Custody previously announced token support.

Recall that the SEC lawsuit has already forced Telegram to postpone the launch of TON in the spring of 2020.