PRESS RELEASE. Victoria, Seychelles, May 7th, 2024 – CREAT’OR (Crypto Related Equity And Token Operational Resources) has officially launched its highly anticipated Initial Coin Offering (ICO), currently in the BETA Stage, offering an incredible 85% discount on its CRET Token. This is a remarkable event in the company’s journey towards upgrading the Equity Crowdfunding industry […]
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Etherland Tecra Space Crowdfunding Goes Live
PRESS RELEASE. The Etherland Tecra Space campaign has officially gone live, giving participants the opportunity to stake their claim in a real-world assets (RWA) blockchain project that approaches on-chain real estate with a unique angle. This campaign aims to accelerate the development of innovative RWA solutions powered by blockchain technology for the real estate industry. […]
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VENT Finance Expands Crowdfunding Access With WingRiders General Pool Sale
WingRiders’ native $WRT token is up for grabs in what will be the first General Pool Sale on the VENT Finance launchpad.
The GPS sale is designed to reduce the barrier to entry and encourage more investors to participate in the WingRiders project, which is looking to establish itself as a top decentralized exchange on the Cardano blockchain.
WingRiders is an automated market maker-based DEX on Cardano that utilizes a unique extended unspent transaction model that’s said to provide a more reliable and versatile environment for executing multiple transactions, with zero system failures. It was developed by VacuumLabs and offers full functionality for DeFi investors, with token swaps, staking, liquidity providing and yield farming opportunities available on its platform.
The reception to WingRiders has been positive. Since launching its mainnet earlier in the year, it has emerged as the number three DEX on Cardano in terms of total value locked. The popularity of WingRiders is due to its unique ability to support non-Cardano assets such as BTC and ETH, something that no other Cardano DEX currently offers. It also supports stablecoins such as USDC and USDT, again something that no other Cardano-based DEX can provide. Other novelties on the WingRiders platform include support for ADA auto staking, and direct integration with hardware wallets such as Trezor and Ledger.
WingRiders is partnering with VENT to raise 0,000 USDC through the GPS, in addition to a 0,000 raise via an IDO.
This will be the first time VENT has hosted a GPS sale on its platform. Previously, projects on VENT were launched exclusively via an IDO, but VENT said it’s looking to enable anyone to participate, not only $VENT token holders, so as to increase exposure for WingRiders.
The idea is to boost publicity and obtain more liquidity by appealing to non-VENT users who don’t hold $VENT tokens. With its IDOs, VENT requires a minimum wallet balance for all participants but that isn’t the case with the GPS. Instead, the only thing investors have to do is complete KYC/AML registration and pay a 20% tax on all purchased $WRT tokens in the sale. VENT will then use a portion of the funds it raises from the sale to buy back $VENT tokens to boost the dynamics of its token value.
The GPS sale is not a one-off, as VENT said in a Medium post the model is here to stay. For future projects, it is planning to use both fundraising models so as to appeal to $VENT holders and everyone else. Loyal users will still get exclusive access to new projects through IDOs as well as a guaranteed allocation in the GPS, while those who don’t hold $VENT tokens can join in the fun while still supporting the VENT ecosystem, VENT explained.
Image source: VENT Finance
Bitcoin’s Plan To Fix The Crowdfunding Problem?
Crowdfunding has been around for some time now, and although it has been a hard time for some projects to gain funds, bitcoin could be the answer.
Let’s look at the root of the troubles and how crypto could potentially address them.
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The In’s and Outs…
Crowdfunding is a practice where you can donate money – including cryptocurrencies such as Bitcoin, Litecoin, and more cryptocurrencies – to projects, associations or people to develop ideas. It is a very powerful mechanism and tool for innovation and supporting social enterprises. Different platforms, such as Kickstarter and Indiegogo have not taken their foot off the brakes; the web 2.0 crowdfunding movement, which has led to the creation of several billion-dollar tech startups, like Oculus, and raised millions of dollars for thousands of causes, is ripe for development.
Crypto crowdfunding has the potential to be a network that connects people and their ideas. Today, crowdfunding is dramatically narrowed by its reliance on legacy finance, which limits the vast majority of the world from accessing it. Although this is good in theory, and has worked thus far, the major issue is the reliance on the legacy financial infrastructure, that is not only costly but globally fragmented.
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Most crowdfunding platforms are only found in 30 countries. To date, the costs of operating crowdfunding in this network are very high, due to the many mediating third parties involved. The average crowdfunding platform charges a 7% fee per successful project. Could crypto’s aggressive transaction fees beat out traditional competitors?
Crowdfunding & Crypto: A Pair Of Aces…
Many platforms have had a hard time with the tight reliance of legacy financial infrastructure; this has made some crowdfunding platforms move over to the “web 3.0” model.
One big example is Kickstarter, who has decided to move from its reliance on Stripe to creating its own crowdfunding protocol on other blockchains. This may make sense for equity-based crowdfunding, which can enable the platform and it’s users to invest in new companies and their ideas.
A prime example of these worlds coming together was just last year with Bitcoin Smiles, which raised roughly 1.8 BTC. Bitcoin Smiles was an initiative aiming to raise funds and provide free dental care to impoverished people living in rural areas of El Salvador. Another project that can be used as an example is Kivéclair, a development project that educates people about bitcoin in the Democratic Republic of the Congo.
Although these are only few examples of early crowdfunding in crypto, these do provide a valid source and hope that bitcoin can still rally through its community of caring bulls and bears.
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Featured image from Pexels, Charts from TradingView.com
The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.
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Is the Dacxi Chain’s Crowdfunding Tokenization Technology the Key to Crypto 4.0?
Since Bitcoin’s 2008 beginnings, the cryptocurrency industry has witnessed several different eras; Crypto 1.0, Crypto 2.0, and the current era of Crypto 3.0.
According to GlobeNewswire, Bitcoin and the concept of payment currencies led the Crypto 1.0 era, while Ethereum spearheaded the era of Crypto 2.0. Crypto 2.0 focused on the underlying blockchain technology behind cryptocurrency, which gave birth to the tokenization revolution. However, following Proof-of-Work (PoW) protocols, certain issues like scalability, high cost, and transaction speeds have remained.
The era of Crypto 3.0 is aiming to solve these issues, by creating more effective tokenization solutions in the general blockchain and crypto industry. Like Cisco and Intel built the infrastructure needed to create the internet, key Crypto 3.0 players are currently building the foundational infrastructure needed to support the token revolution.
This brings us to Crypto 4.0. Where Crypto 3.0 is focused on technology-based solutions, Crypto 4.0 goes a step further – leveraging streamlined tokenization technology to provide tailored solutions that will solve real consumer problems.
There are already a number of projects in the blockchain space working to usher in the industry’s next big evolution.
An emerging leader among these projects is the Dacxi Chain.
What is the Dacxi Chain?
Currently being developed by global WealthTech Company, Dacxi, the Dacxi Chain is a novel global tokenized crowdfunding system. The technology is designed to eliminate the innovation funding gap. “The global enterprise economy comprises thousands of investable ideas and entrepreneurs, a significant proportion of which are unattainable to everyday investors,” says Ian Lowe, the CEO of Dacxi. “The current equity funding sector is worth a whopping billion. However, with the integration of the Dacxi Chain into the sector, we believe the sector could witness a market valuation of up to trillion.”
The Dacxi Chain’s crowdfunding tokenization technology is custom-built to solve customer-centric problems in the crypto space. It will be built on Dacxi’s global network of Crypto Wealth Platforms, which form part of the Dacxi ecosystem.
The Dacxi Chain technology will be highly regulated, incredibly secure, and completely crowd-centered. Its main focus will be to help everyday investors gain access to investment opportunities that, prior to now, were exclusively reserved for the top echelon of society. Once this complex and sophisticated system goes live, the Dacxi Chain will allow for the democratization of hyper-growth innovation investments – making it accessible to all would-be investors. No matter who or where they are.
Crypto 4.0 will seek to solve consumer-centric problems, and this is precisely what the Dacxi Chain is designed to do. Signs are pointing to the Dacxi Chain leading the charge for the actualization of the Crypto 4.0 era.
The Dacxi Ecosystem
Dacxi is a global fintech company, founded in 2017 and headquartered in Singapore. The company is the pioneer behind Crypto Wealth, an exciting emerging sector in the crypto space. Dacxi’s mission is to provide the necessary education for everyday people to build the confidence they need to build their wealth with crypto. Dacxi has already established successful operations in both the United Kingdom and Australia. Today, they are on track to build a global network of over 100 localised license-regulated Crypto Wealth Platforms. They also plan to build the largest Token Marketing Organisation in the world. Planning to launch in 2022, the Dacxi Chain crowdfunding tokenization technology will play a key role in the ever-growing Dacxi ecosystem.
Escrow Brings New Era of Decentralized Crowdfunding with High Yield Rewards
Crowdfunding has become a revolutionary way for small businesses and new startups to raise funds in order to scale operations and expand their reach. However, most of these businesses fail to attract target funding amounts due to a lack of reach. On the other hand, many fake projects have cropped up to scam people through ICO & crowdfunding sites. This is where Escrow Protocol, a decentralized DAO crowdfunding platform, comes in to change the market and offers a dependable process for both investors as well as businesses raising funds.
ICOs were also seen as quite revolutionary at the start, but more than 85% of the projects failed and research suggests it was primarily because all funding was released upfront and then mismanagement by the project or in some cases just vanished. Escrow has a perfect solution for that, instead of giving all the funds to the project at once, the platform releases funds based on milestone completion. This ensures the investors’ money is going into projects that are committed to deliver on their promises and don’t go bust after raising significant amounts.
Escrow protocol provides long-awaited security for new ICOs with an ingenious auto-staking that keeps the money rolling in for today’s intelligent investor
The Escrow platform leverages financial security in managing DeFi funds, through providing Smart Contracts with to-be respected agreements for the investment process on multiple levels of governance.
How Investor Funds are Utilized For Maximum Return
Escrow Protocol’s revolutionary crowdfunding platform incorporates the best of DeFi market practices to maximize the return on investors’ money. When an investor puts money in a company, it could take anywhere from a few months to a couple of years to see a stream of revenue from that investment, that too if the company manages to remain afloat. Escrow understands most of the projects don’t need all the money upfront, so they allocate a certain amount of funds to the startups while the remaining funds are allocated for stablecoin yield-farming protocols to generate constant appreciation as they await their maturity date. Over the course of 1 year, the protocol would be able to generate 12-20% in additional funds of which up to 80% get paid back to the investor.
Escrow combines traditional crowdfunding with blockchain technology and easy-to-engage smart contracts. Start-up projects looking for funding will be able to set Roadmap Milestones and Timelines according to their actual capacity and realistic performance targets, setting a basis for making fulfillable promises. This investment model allows investors to gain exposure in start-up projects while receiving interest payments on investment funds. If the development of a particular project is not satisfactory, the investor community can vote to block further funding releases to the project. This allows investors to remain in control of their funds and motivates the start-up to deliver quality results in a timely manner.
Escrow is working towards positioning itself to become the standard in secure investments for both retail and institutional investors, opening doors to the New Digital World. With the many benefits of available technologies, we are able to implement unprecedented ways of financial interaction.
Key Benefits of Investing via Escrow
Escrow is set to revolutionize how crypto funding has worked thus far and offers a range of services and earning opportunities. Some of the key benefits of using the platform include,
- While funds are held on Escrow Protocol, investors earn interest payments with AI Fund Management allocating unused investment funds to Yield-Farming Protocols.
- Utilizing NFTs as access tokens to store contractual agreements about funded projects, generating a consistent use of the network, constantly reducing the total supply of ESCROW with platform use.
- User-friendly interface, allowing current non-crypto users to easily get involved.
- Investor community involvement with investment relative voting power.
- Dedicated Investment Contracts for high-profile investors.
Investors on the platform can enhance value in the following way,
Holding Escrow: The utility token of the platform will appreciate with increased use of the ecosystem due to token burning. (NFT minting, wrapping)
Yield Farming: Investors will passively earn interest on investment funds held in Escrow that the protocol stakes on stablecoin Y-F Contracts.
The ICO token sale is facilitated on the BSC Binance Smart Chain. The ESCROW PROTOCOL Platform is a cross-chain application on the Polygon & Ethereum Network.
The company is currently conducting Private Token Sales over the course of 4 Rounds:
Seed Funding Round – 33,333,333 ESCROW
Sold at .00333 per token – Raising 1,000.00 (SOLD OUT)
Early Investor Round 1 – 22,522,522 ESCROW
Sold at .0200 per token – Raising 0,000.00
Early Investor Round 2 – 10,000,000 ESCROW
Sold at .0500 per token – Raising 0,000.00
Public ICO Sales – 684,144,145 ESCROW
Sold at .0500 per token + a price increase of .01 per 0,000 raised.
To learn more about Escrow Protocol visit escrowprotocol.app
Social Links :
Twitter : https://twitter.com/EscrowProtocol
Telegram : https://t.me/Escrow_Protocol_Chat
Facebook : https://www.facebook.com/Escrow.Protocol
Instagram : https://www.instagram.com/escrow_protocol/
Youtube : https://www.youtube.com/channel/UCRu2OSRV6gMWStoWCgXyiuw
Explainer Video: https://www.youtube.com/watch?v=DeT493fSq24
Are STOs and Crowdfunding Making a Comeback? CoinMetro’s Kevin Murcko Answers
We recently had an opportunity to chat with Kevin Murcko, the CEO of CoinMetro — a leading cryptocurrency exchange and trading platform. As a part of our conversation, we asked Kevin a few questions regarding the platform, its future, and more importantly, their Bond Sale. Here is what he had to say:
Q: Let’s start with the basics. What is CoinMetro? How is it different from other exchanges out there in today’s crypto market?
A: CoinMetro was built with a vision that collectively we are building the future of finance. In saying this, we don’t mean just the team or our customers, we mean everyone that’s using, creating, or building on blockchain to remedy the wrongs of traditional finance. People deserve access to products that solve real problems and help them create wealth, help them create a better future for themselves.
CoinMetro was built by a team with decades of experience in traditional finance. The goal was to create a platform with all the tools a professional would ever need, but also simple enough for anyone from anywhere to use without the need of a user manual.
This idea of community that was growing inside of the crypto industry is the thing that finally pulled me away from my FX business. Traditional finance is copy-paste for the most part and everyone is a salesman. In FX liquidity providers and brokers alike don’t like to service winning clients.
It frustrated me to no end that when I spoke up no one listened. The micro-communities that were being fostered in crypto were amazing, they were vibrant, they were open, and they were full of like-minded (for the most part) people looking for a change. We took this idea of community and wrapped it into everything we do.
Our community is engaged, loyal, and it has helped us really fine-tune our user experience, our product base, and our image. Not to mention that our community has also helped fund the development and operations through our initial token sale and even now with our just launched Bond Sale. Without this community, CoinMetro would simply not exist.
I truly believe our community makes us different, but on the operational side, we do a lot that separates us from other exchanges. From the start, we began building local fiat onramps. We now have local and instant funding in Euro via SEPA Instant, in GBP via Faster Payments, and USD with Instant ACH. In addition, we have fiat rails through SWIFT for AUD and SEK and we are launching both EUR and USD SWIFT before the end of the year.
When it comes to fees, we have some of the lowest in the industry. Clients should not be burdened by fees. Honestly, I could go on answering this question well into 2021; the crypto retail market is underserved, period. The industry on a whole has terrible customer service, while ours is 24/7 and highly qualified.
The industry builds trading platforms based on traditional markets that are too complex for most and lacking in features for many, we build custom platforms for different client types and tailor the experience to the crypto market. The industry focuses on products where their clients lose money (think rekt leverage), we look to build products that create both active and passive income and actually want our clients to succeed. We do not make more money when our clients lose, we make much more when they win.
Q: Who are your target audience?
A: As mentioned above, we cater to newcomers and professionals. We have high volume traders on our platform as well as customers that just want to buy their first bitcoin. Our products serve both audiences. Most of our customers are from Europe and the US.
Q: What are the different features offered on the platform?
A: Let’s start with our easy to use dashboard widget where you can buy or swap any listed crypto asset in a few clicks, an exchange with all the tools you need and more features than any other deliverable exchange platform in the industry, a margin trading platform for experienced traders to trade with leverage and a copy trading platform where you can mirror the trades of a professional trader in real-time with no lag. This is a great way for new traders to get in and profit without having any trading skills.
In addition to this, all of our traders get access to a Twitter sentiment indicator used by hedge funds to help them determine which tokens are hot right now.
To top it all off we’ve built Europe’s first end-to-end security token platform where companies can list their offerings and investors from all over the world have access to invest in some of the most promising startups and companies. This is not only for institutional investors and the big players, but we are also opening up the opportunity for the little guy to get access to investing in companies that otherwise would be out of reach.
Q: Can you tell us more about how the platform decides whether to support a crypto trading pair or not? In other words, what is the process to list new tokens on CoinMetro?
A: It is an internal process, and we select our tokens carefully. We list the majors but also projects that we truly believe in. We establish close collaborations with their teams and we’d rather go the quality route than list any token that comes up. We are also working together with some of the most aspiring players in the field getting into DeFi.
Q: We heard about the upcoming CoinMetro Bond offering, what are these bonds, and how does one benefit from it?
A: The CoinMetro Bond is going live to the public on November the 3rd and this is something unique in the crypto space. The bond tokens are offered for a term of 2 years and pay the investors interest daily. At the end of the term, investors have a choice – they can either redeem their bond tokens for our native XCM token at a set price agreed on today or they can convert their bond tokens into equity-like growth tokens that give them the rights to revenue share, just like an early-stage investor would. Conversion will be at today’s valuation of €50 million.
For example, when investing €10,000 into the bond and converting to equity in two years the investor will earn a minimum interest of €1600 and when converting to equity-like growth tokens their stake would be 0.02% of the company. Imagine being able to invest in Coinbase during their seed round.
Q: Can you throw some light on CoinMetro’s new Security Token Platform?
A: The Security Token Platform is where investors from all over the world can get their dibs on interesting companies. This doesn’t need to be limited to blockchain technology only, for example, the first project to be listed was a real estate development in one of the most prestigious winter resorts – Niseko, Japan.
We collaborate with a company called Ignium – a company connecting issuers with investors by enabling issuing, custody and global settlement of digital securities.
CoinMetro provides the platform for investment and secondary trading. All of this happens through a regulatory sandbox by the Capital Markets Authority of Montenegro.
Companies can issue their primary offerings in a compliant way so that investors have a safe platform to invest and trade on. The reason why STOs haven’t really taken off as expected is that most if not all STO platforms are siloed, they mimic the traditional market in this way, and this leads to walled-in markets and low liquidity. Together with Ignium we are working to solve this issue.
Q: Let us talk a bit about the team behind CoinMetro.
A: We are a passionate team of 25 people from all over the world. Our backgrounds come from traditional finance and fintech. We believe in doing things the right way and we know regulation is the path to long term success. These have been our core values from the start – we’re not trying to sneak around the regulator, we’re working with them to create the needed regulation to make crypto trading a safe place for our customers.
We’re a hybrid team from all over the world with our HQ in Tallinn, Estonia.
Our core team comes from a background of building FX platforms, legal and compliance and capital markets. That’s where our core belief of taking the traditional and making it innovative comes from – years of experience coupled with a passion to create a better financial world.
Q: What are the future plans for CoinMetro?
A: We’ve focused 2 years on perfecting our products and tech. Now we are ready to take it to the next level. As our tech is built in house, this ensures that we not only own the IP, but also have control over the functions and costs. We’ve opened up fiat on-ramps and continue to expand on that by acquiring new licensing and opening up new markets. We’ve grown 7x since the beginning of this year and we’ve reached these results from growing organic traffic and leveraging growth strategies on a bootstrapped budget. Now we are ready to really add fuel to the equation.
We’re ready for rapid growth as we have built a scalable infrastructure that starts from client onboarding and ends with transaction monitoring and includes everything in between. We will keep expanding our product offerings adding bank challenger products very soon such as debit cards, IBANs and much more.
We have BIG plans with lots of upcoming projects including our foray into DeFi and hybrid exchange solutions taking the best of the centralised and decentralised world, as well as large-scale partnerships with other players in crypto that will add more and more liquidity into our order books. CoinMetro might not yet be a household name but it is only a matter of time.
Q: Anything else you want to add?
A: Crowdfunding seems to be all the rage again. We have seen campaigns from WireX, Change, and few other players in the past few months. Our Bond offering is so much more than a simple crowdfunding raise. Not only do we offer a fixed interest rate over two years that is paid daily, but we also give the investor the choice after being able to watch us for those two years if they want to become a part of the company or to cash out. And we are raising this money on a platform we built in-house which adds substantial value to our IP.
Did I mention that there is a secondary market as well? Super important… This means you can get out before the end of the two years or buy even more bond exposure to increase your daily cash flow on the back of the interest payments. It’s a very unique opportunity.
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