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Huobi, previously one of the major cryptocurrency exchanges in China, announced today that it will issue its own token based on the ethereum ERC-20 standard. https://bit.ly/2Jyppw7
ICO is essentially a type of investment that provides investors with cryptocurrencies, in return for investing their money into the company, unlike securities that are issued in the case of the IPO.
ICO has rapidly become the multi-billion dollar industry, predicting a further growth in 2018. Many startups prefer ICO to traditional funding models to raise funds. With increasing competition in the ICO and crypto sphere, you can witness a rise in regulations and restrictions around ICO launch campaigns.
Switzerland recently founded the "Crypto Valley" in Zug, a place all about cryptocurrency (similar to Silicon Valley in the US, the ultimate haven of tech giants).
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An ICO is known as an initial coin offering which is mainly a kind of crowdfunding activity using cryptocurrencies. It is also called an initial currency offering. ICO is the best way to launch any new cryptocurrency for all entrepreneurs. The future of ICO depends upon the hands of innovators and regulators.
Title: ICoS-4 Author: Johan Bos Last modified by: Johan Created Date: 9/24/2003 4:37:31 PM Document presentation format: On-screen Show Company: UNIVERSITY OF EDINBURGH
Binance Crypto Exchange is dynamically adding fiat currencies to its platform (latest is Thai Baht and Australian Dollars). The exchange is anchoring on acquisition and partnerships to gain trouble-free access to local fiat-based markets. Binance to Unlock Thai Baht Recently, Binance has broadcasted its collaboration with Satang Corporation, one of the oldest digital asset exchanges in Thailand, to unlock Thai Baht (THB) on the Malta-based exchange. For more details search on Cryptoknowmics.
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