3 Web Giants That Could Be Decentralized on a Blockchain

The web has taken over our lives, and with that, online enterprises have grown into huge monoliths of power. Yet, while tech giants give us access to the stuff we like – music, movies, shopping – blockchain enthusiasts think an individual’s web experience could be greatly improved by decentralization. If the web’s giants decentralize, the web itself will become a wildly different place – it’s hard to even wrap your head around, just like it would have been impossible to imagine meme culture in 1999. Today, a site and its…

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Blockchain in Your Pocket? The Phone Behind Sirin’s $157 Million ICO

Does the world really need a blockchain phone? Sirin Labs is betting it does. The startup, which recently raised $157 million in an initial coin offering (ICO), is building an Android smartphone from scratch with special features for cryptocurrency enthusiasts: an app store for distributed apps (dapps), cold storage for private keys and easy conversion between tokens. The Switzerland-based company says the product will fill a need in a fast-growing market: a secure device that can simplify the use of cryptocurrency across multiple applications. But as an old tech adage…

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Kodak’s Cryptocurrency Is Already Being Presold

The company licensed by Kodak to use its name in conjunction with a new cryptocurrency has already begun pre-selling it ahead of a public initial coin offering (ICO). Vancouver-based Global Blockchain Technologies Corp. announced today that it is investing $2 million in KodakCoin, the initiative announced yesterday by Kodak and WENN Digital, which is licensing the former’s branding. WENN Digital, which is developing the digital media rights platform that was unveiled yesterday, is managing the sale of the tokens. “The Company has subscribed for all 8 million Kodak Coins that were available…

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Beyond the Red Tape: The Path Ahead for Token Sales

Mason Borda is a tech entrepreneur focusing on blockchain infrastructure and security. He is currently the CEO and co-founder of TokenSoft Inc, a crypto treasury management and white label token sale platform. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. It began with some source code and a white paper. Bitcoin, initially launched as a technical curiosity with no ascribed value beyond its merits as a digital currency, designed to solve the Byzantine Generals’ Problem. The ease of transfer inherent in the cryptocurrency made it a…

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Telegram’s $1.2 Billion ICO Could Be the Most Ambitious Token Sale Yet

To describe Telegram’s planned initial coin offering (ICO) as ambitious would be an understatement. And it’s not only because the provider of a popular messaging app is seeking to raise $1.2 billion, according to three people familiar with the offering, which would represent the largest crypto token sale to date. Nor is it just because Telegram, with 200 million users, seems to be intent on bringing cryptocurrency payments to the masses. Rather, the proposed Telegram Open Network (TON) would seek nothing short of decentralizing online communication, with a suite of…

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$35 Million: Smart Contracts Platform Mobius Completes ICO Presale

Smart contract-based data platform Mobius Network successfully concluded a $35 million token pre-sale, the company announced Tuesday. The turn-key software provider announced it had raised $10 million more than projected on sales of its MOBI token, which in turn is based on the Stellar network. After it launches, Mobius plans to develop its platform as a facilitator for smart contract-based micropayments. In a press release, the company noted that 32,000 participants registered for the pre-sale, which took place through the end of 2017 and the beginning of 2018. The full…

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2018’s Challenge: What Are Crypto Assets Really Worth?

Bradley Miles and Sid Kalla are the co-founders of Turing Group, an incubation and advisory firm focused on token protocol design and the ICO sales process. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. If 2017 has taught us anything, it’s that there’s no shortage of tokens. Yet, this strength in numbers has brought pitfalls for new investors and analysts, many of whom seem to be having a hard time trying to understand or value their options. Why is that? After all, Wall Street has been valuing…

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ICOs: The Tech Is Here, But Where Are the Standards?

Nick Cowan is CEO of the Gibraltar Blockchain Exchange and the Gibraltar Stock Exchange Group, which operates the Gibraltar Stock Exchange. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. Let’s face facts: initial coin offerings (ICOs) have done more this year to encourage the adoption of blockchain technology, as well as its activity, invention, debate and reaction, than just about anything else in the industry. Many technological purists are skeptical about this. They roll their eyes. They look forward to a more sophisticated future for blockchains. This…

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ICOs: The Beauty, the Beast and JFK

Christine Duhaime is a financial crime attorney and the founder of the Digital Finance Institute, where she advises digital currency companies, and the co-founder of Chatbo, an AML chatbot solution for screening and onboarding. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. All technological advances have a good and a bad side. Initial coin offerings (ICOs) are no different except that unlike other new technologies, their good and the bads side exist in extremes without any middle ground or balance. The beauty Let’s talk about the…

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The Death of the ICO (And 4 Other 2018 Predictions)

Stefan Thomas is chief technical officer at Ripple and co-creator of the Interledger payment protocol. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. If 2017 was the year of the ICO, 2018 will be the year of the great ICO hangover. It will also be the year major financial institutions adopt digital assets, and mark the birth of hybrid blockchains. 1. The death of the ICO token “Cryptocurrency” became a major buzzword in 2017. Suddenly, all eyes were on these new assets with speculators jumping into the…

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