Tag: ICO

SEC, Gary Gensler Viewed Ethereum as a Security for Over a Year, New Filings Reveal

While Bitcoin has been recognized as a commodity, the same cannot be said for Ethereum’s status, which has been more ambiguous due to its initial coin offering (ICO) in 2014.

However, a new report suggests that the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, seem to have believed that Ethereum is an unregistered security for a long period of time.

SEC and Gensler’s Beliefs Exposed

According to the latest FOX report, court documents filed by Consensys on April 29 stated that the SEC and Gensler seem to have believed for at least a year that Ether was an unregistered security and has been trading in violation of current federal regulations.

The latest development follows Consensys filing an unredacted complaint against the agency in a Texas federal court in response to receiving a “Wells notice,” which outlined the SEC’s plans to sue the Ethereum software firm for alleged violations of federal securities laws.

The filing indicated that the SEC began an investigation dubbed “Ethereum 2.0” due to its belief that potential sales of certain securities, including Ether, had occurred since at least 2018. If the asset were deemed a security by the Gensler-led SEC, it would contradict previous guidance given by former Chairman Jay Clayton.

In a now-infamous 2018 speech, the then-director of Corporation Finance Bill Hinman said that Ethereum, like Bitcoin, was not a security, which led the industry to believe the SEC would not regulate the top two cryptocurrencies, citing “sufficient decentralization.”

However, a year later, the Commodity Futures Trading Commission (CFTC) classified Ether as a commodity. Consensys, in its lawsuit, emphasized that it built its business under this regulatory clarity.

New filings reveal that the five-member commission approved the “Ethereum 2.0” investigation on April 13, 2023, just five days before Gensler appeared before the House Financial Services Committee, where he avoided questions from committee Chairman Patrick McHenry regarding Ethereum’s regulatory status.

The launch of the investigation was marked by unusual secrecy. The FOX report even claimed that the subpoena recipients were instructed to sign confidentiality agreements to receive information about the probes’ progress. It’s unclear why the SEC maintained such secrecy.

Consensys’ Lawsuit Against SEC

Consensys filed a lawsuit against the SEC last week regarding its handling of Ethereum regulation. The company claimed that the regulatory watchdog has classified Ether as a security and has targeted the firm’s Metamask software.

The complaint also mentioned that the SEC staff sent Consensys a Wells notice earlier this month, indicating the agency’s intention to take enforcement action. Consensys has maintained that it has cooperated with the SEC and even provided over 88,000 pages of documents in response to multiple subpoenas over the past year.

Consensys also argued that any investigation stemming from Ether being deemed a security would violate the company’s Fifth Amendment rights and the Administrative Procedures Act.

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Chayanika Deka

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April 30, 2024
Former BitMEX CEO Arthur Hayes Champions ‘Points’ Over ICOs in Crypto Fundraising

In a recent blog post titled ‘Points Guard,’ former BitMEX CEO Arthur Hayes made a compelling case for the emergence of “points” as a superior alternative to traditional initial coin offerings (ICOs) and yield farming with regard to crypto fundraising and user engagement.

Hayes argued that points combine the best aspects of ICOs and yield farming while addressing their respective limitations. ICOs, he noted, allow retail investors to purchase a stake in a new protocol but often face regulatory scrutiny due to their sale to the masses.

On the other hand, yield farming rewards users for interacting with the protocol but can lead to rapid inflation of token supply and a subsequent loss of user incentives.

Is ‘Points’ the Game-Changer Crypto Needs?

Points are essentially a mechanism through which users are rewarded for engaging with a protocol. Unlike ICOs, there is no direct exchange of money for tokens, mitigating regulatory concerns. Similarly, unlike yield farming, points offer more flexibility in token emissions and timing, allowing projects to adapt to market conditions and user behavior.

One of the key features of points highlighted by Hayes is their lack of transparency. Unlike traditional token sales with transparent pricing, point programs give projects the discretion to determine the points-to-token conversion price and the timing of token airdrops, if they happen at all.

This flexibility enables projects to tailor their user acquisition strategies and incentivize specific actions that enhance the long-term value of the protocol.

Moreover, points offer a more equitable way for retail users to participate in token launches. With the decline of ICOs and concerns over VC unlock schedules, retail investors often find themselves at a disadvantage.

Points programs allow retail investors to engage earlier in the process, potentially securing tokens at a lower price and without the need to navigate complex pre-sale arrangements.

Potential to Be ‘Abused?’

Hayes acknowledges that point programs rely heavily on trust between users and project founders. While points can be a powerful tool for fundraising and user engagement, any breach of trust could undermine their effectiveness and reputation.

“A points program is only effective if there is a high degree of trust between users and the project’s founders. The user trusts that after interacting with the protocol, their points will convert into tokens at a reasonable price in a reasonable time frame. As points programs proliferate, there will be bad actors who abuse this trust.”

Nonetheless, Hayes remains optimistic about the potential of points to drive the success of token launches in the current crypto cycle.

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Chayanika Deka

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February 9, 2024
It’s 2022, Why Not Read A Video Game Magazine

Image: APWOT

In 2018, the first issue of a magazine called A Profound Waste of Time was released. Marrying heartfelt essays on video games with beautiful art, it was great, and did well enough that five years later a second edition was put together that was just as good. Now it’s time for issue #3.

Some of the highlights of this latest issue include:

– Journalist and author Simon Parkin travels to Tokyo, Japan to speak with Fumito Ueda (Shadow of the Colossus, Ico, The Last Guardian), exploring the themes and philosophies behind both his iconic games and his working practice.

– Grace Curtis explores the history of early web games with a focus on Nitrome, a British independent games studio that started out making online browser games.

– Rodney Greenblat (PaRappa the Rapper) is interviewed by Kyle Bosman about his approach to both his fine art and character design, and how he hopes his work inspires joy in others.

– Tim Schafer (Psychonauts, Grim Fandango) talks to Ben Bertoli about how to manage your outlook and take care of your mind when creating and working on videogames.

– Journalist and author Matt Leone chronicles the early history of Street Fighter and the birth of fighting game combo analysis in Japan.

While the features have been (and look in this case to be) fantastic, one of the big selling points of the magazine has been its production. The art leaps off the page, and for this issue in particular the fancier edition of the Last Guardian-themed cover is going all out:

The Special Edition of Issue 3 features a different colour pallette and a special thermo-chromatic ink layer, allowing you to banish the darkness and reveal Trico underneath by simply touching the cover with your hands. Touch and tactility is such a prominent concept in the games of Ueda and his team, so it felt fitting to have that referenced in the cover with this unique production process

G/O Media may get a commission

If you want to order a copy, you can get it—and previous issues—here.

Luke Plunkett

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November 10, 2022
SPOKKZ Teams Up With Ontology to Revolutionize Content Streaming Through Blockchain

SINGAPORE, August 21, 2018 (Newswire.com)
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Ontology’s high-performance public multi-chain project and a distributed trust collaboration platform and SPOKKZ – a new one-stop content dApp, have agreed to work together with the main agenda on blockchain content streaming. The companies will team up to improve their technologies and communities, with the broad objective of establishing and facilitating decentralized app growth and speeding up strong approval for blockchain technology on the Ontology MainNet.

Blockchain apps are not yet fully developed. The platforms of enabling these decentralized applications are still immature, and real case studies are not convincing to the public yet. Ontology and SPOKKZ will team up on these challenges by attracting developers and providing the best conditions for high-quality content creation.

Working with Ontology is a huge opportunity for us. Not only do they bring a well-thought-out infrastructure but, the combination of SPOKKZ’s large user base and Ontology’s stellar technology will be a game changer for the entire token economy. Ontology’s Trust system and SPOKKZ’s decentralized content creation and content viewing is truly a marriage of two significant players who are committed to the decentralized economy and who have the technology and proven track record to ensure a successful collaboration.

Subin Subaiah, Founder

SPOKKZ is a decentralized platform of an existing streaming platform Spuul, which gives 60 million Global Users the ability to stream, download, and watch over thousands of hours of movies and live linear TV content. The SPOKKZ team aims to further the tokenization of the content industry, the ability of its community to watch content, the ability of content creators to get funding and stream content, and to reward the community and fight piracy.

Ontology’s core strategy is to be used for real-world business scenarios, which is reflected in its core modules which include a complete smart contract system, distributed ledger system, distributed identity framework, distributed data exchange, and more. SPOKKZ will bring their dApp to the Ontology MainNet, and the two companies will share marketing and community-relation resources. Additionally, SPOKKZ will adopt Ontology’s distributed identity framework — ONT ID — for users on their platform.

The collaboration between Ontology and SPOKKZ will majorly emphasize the following areas:

Community Cooperation. Ontology and SPOKKZ will create conducive environments with their individual developer communities, and both are now dedicated to teaming up to further enhance active blockchain growth.

Technical Cooperation. The Ontology will enable smooth docking of dApps created by SPOKKZ. This suggests that dApps created by SPOKKZ workforce can be available on the Ontology MainNet. Our collaboration anticipates hastening the advent of a killer blockchain-based content industry by facilitating the creation and deployment of such dApps.

Generation of more profits. As a functional measure, the strategic partnership between Ontology and SPOKKZ will evidently speed up the commercialization of the blockchain, increase the blockchain user set-ups and bring more profits.

With more than 60 million users, SPOKKZ presents the chance, which will empower other dApps on Ontology with the power to purchase and auction on various platforms.

On the other hand, Ontology has strong technical abilities with more developers and multi-chain capabilities. This means that both will broaden their market size through this partnership.

Just as the blockchain technology has transformed the business sector, the content streaming industry is starting to acknowledge the benefits that can be tapped from embracing it. The partnership between Ontology and SPOKKZ bring community cooperation, technical cooperation, the creation of an ecosystem and generation of more profits to both companies.

Speaking on the partnership, Subin Subaiah, Founder of SPOKKZ, said:

“Working with Ontology is a huge opportunity for us. Not only do they bring a well- thought-out infrastructure but, the combination of SPOKKZ’s large user base and Ontology’s stellar technology will be a game changer for the entire token economy. Ontology’s Trust system and SPOKKZ’s decentralized content creation and content viewing is truly a marriage of two significant players who are committed to the decentralized economy and who have the technology and proven track record to ensure a successful collaboration.”

LI Jun, Founder of Ontology, added:

“The core modules Ontology has built and are continuing to enrich are all linked to real business scenarios, so we are pleased to work with Spuul who will take an existing user base with millions of users and design a new project. SPOKKZ will use decentralized technology to make a product which gives individuals a voice in an industry that is traditionally centralized.”

About SPOKKZ

SPOKKZ is being issued by Spuul, a pioneering and established OTT player with over 60million users in 180 countries generating revenues of close to USD15mm. Spuul has decided to migrate some of its solutions to the blockchain and to tokenize its business with SPOKKZ. Spuul is recognized to be an innovative, full stack, pure-play tech company that has built its enterprise in collaboration with premium providers like AWS (for whom they are a case study).

A live platform, an experienced tech and business team, deep connections into the media industry and an influential advisory board puts SPOKKZ way ahead of the competition. SPOKKZ is dedicated to Mr. Spock of the Starship Enterprise and hopes to represent all that he stood for — clarity of thought, cold/hard logic and the courage “to boldly go where no one has gone before.”

SPOKKZ will transform the media consumption business from being a purely transactional play to a community driven economy.

Media Contact:
Mohan S
Email: team@spokkz.com

Spokkz website: www.SPOKKZ.com

Telegram: t.me/SPOKKZOfficial

Twitter: www.twitter.com/SPOKKZOfficial

Facebook: www.facebook.com/spuul

Blog: www.medium.com/SPOKKZ

Reddit: www.reddit.com/r/SPOKKZ

Ontology website: https://ont.io

ONTO website: https://onto.app

GitHub: https://github.com/ontio

Twitter: https://twitter.com/OntologyNetwork

Telegram: https://t.me/OntologyNetwork

Discord: https://discord.gg/4TQujHj

Reddit: https://old.reddit.com/r/OntologyNetwork

Facebook: https://www.facebook.com/ONTnetwork

LinkedIn: https://www.linkedin.com/company/Ontology-Network-Official

Source: SPOKKZ

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August 20, 2018
Genesis Research & Technology Group Cleans the World With the WaterToken

WaterToken.io Splashes on the Blockchain Oct. 25, 2017

Press Release
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updated: Oct 21, 2017

DALLAS, October 21, 2017 (Newswire.com)
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The much-publicized WaterToken is scheduled to release on Oct. 25 and will operate in conjunction with IoT (Internet of Things) technology on the blockchain. The Genesis Research & Technology Group WaterToken will unveil, after years of research and testing, a revolutionary breakthrough in cleaning of water by a patented, chemical-free, green technology. The WaterToken ICO represents the Genesis Research & Technology Group process that relies on three patented and licensed purification methods: ultrafiltration, coagulation, and ozone (O3) generation. The oil and gas industry is all abuzz because this proprietary highly advanced system is portable and can even clean fracking water that is polluted during the oil extraction process. Jeff Soward, Chief Technology Officer of Genesis Research & Technology Group, states, “To produce one barrel of oil can take up to 10 barrels of water; which under the antiquated system used industrywide, toxic water is trucked and dumped into a disposal site. The Genesis System cleans the water at the actual drilling location and with green chemical-free technology the water is reused over and over again at one-tenth of the cost. This is a game changer.”

Erin Brockovich, the famous environmental advocate says, “I am an advocate for awareness, the truth, and a person’s right to know.” The Genesis WaterToken solves the serious issue of trust and verification of environmental monitoring with the use of the blockchain. Furthermore, Genesis Research & Technology Group will store the records of the system to the blockchain so that frack water results are identified in various parts of the world. The WaterToken.io white paper gives a roadmap as to the system and how it plans to use the cryptocurrency in expansion throughout the world. “Genesis Research & Technology Group has produced a scalable system that will work in conjunction with a secure IoT solution that is a win for the blockchain,” says Michael Lagow CAO of Genesis Research & Technology Group. Tracking the environmental impact of fracking and using the blockchain to protect this data from tampering enables companies and regulators to create financially rewarding incentives to encourage buyers to buy products that are more environmentally friendly, and therefore encourage companies to restructure their supply chains to meet the demand for such products. “I think the environment should be put in the category of our national security. Defense of our resources is just as important as defense abroad. Otherwise, what is there to defend?” states Academy Award-winning actor Robert Redford.

The WaterToken is an investment-grade ICO and because of that and its ‘green footprint’ we felt that everyone should be rewarded.

Ron Price, CEO of Genesis Research & Technology Group

The WaterToken merges clean water technology with the cryptocurrency and blockchain models. Darren McVean, CEO of MVP Asia Pacific states, “MVP has developed the IoT and blockchain platform for Genesis Research & Technology Group with an in-house electrical team that has worked closely with the Genesis R&TG technology department to test and simulate the extensive water readings from the Genesis System.” Once the data is entered into the public blockchain, it stays there forever. “Legal document storage on the blockchain could cut down on fraud and manipulation of the global carbon credits scheme. It is estimated that currently $979,000,000 USD is spent annually to administrate the global carbon credit scheme,” states McVean. Texas A&M University has also tested the water samples so that a third-party could conclusively back up the IoT for Genesis Research & Technology Group. As it pertains to the oil and gas industry, raw frack flowback water was injected into the Genesis System with amazing results. Total petroleum hydrocarbons were reduced by 99 percent, while metals, aluminum, antimony, arsenic, and selenium were reduced below detection limits.

Bounty programs are used in most ICOs but, because of the IoT and vast Genesis Research & Technology Group resources, the WaterToken is offering a staggering $12,500,000 USD equivalent in bounty rewards for marketing. “The WaterToken is an investment-grade ICO and because of that and its ‘green footprint’ we felt that everyone should be rewarded,” says Ron Price, CEO of Genesis Research & Technology Group. Digital marketers, journalists, bloggers, and even the general public can participate and share in the rewards from one of the largest ICOs ever to land on the blockchain.

About Genesis Research and Technology Group: Genesis Research and Technology Group is a U.S.-based company that has developed a patented, state-of-the-art technology that provides clean reusable water for the world’s population. The Company exploits its CHEMICAL-FREE technology as its efforts are being recognized by several leading government agencies developing and implementing Green technologies to protect and preserve our Earth’s resources.

Genesis Research and Technology Group provides custom built state-of-the-art water treatment technologies for all types of water. Years of research and development go into perfecting this technology that allows Genesis to offer its clients a sole source, reusable water filtering and cleansing technology that is totally chemical-free.

For more information: watertoken.io/genesis

Media Contact:
Patricia Almand
Phone: 855-8100UMG
Email: patricia@umgad.com

Source: Genesis Research & Technology Group

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October 21, 2017
Fintech Start-Up fidentiaX Introduces World’s 1st Marketplace for Tradable Insurance Policies

fidentiaX is building the World’s First Marketplace for tradable insurance policies by leveraging on blockchain technology

Press Release
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updated: Oct 15, 2017

SINGAPORE, October 15, 2017 (Newswire.com)
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Fintech start-up fidentiaX is in the developmental phase of creating the world’s first marketplace for tradable insurance policies by disrupting the status quo by empowering policyholders to monetise policies on the blockchain. fidentiaX will also be setting up fidentiaX Open Source Foundation (fSOF) to proliferate the embracing of blockchain technology for the insurance industry.

In 2016 alone, the total market size for insurance premiums in the 40 OECD reporting countries was estimated to be in the north of $3.86 trillion dollars and Asia is projected to the be fastest-growing market for life insurance with an estimated real annual compounded growth rate of 10.2%.

The tradable insurance market is faced with inefficiencies such as:

Lack of awareness – Policyholders are unaware that policies are tradable assets which could be sold in the open market for a higher value. In 2015, out of the US$112 billion worth of policies surrendered in the U.S., US$57 billion (estimated 250,000 policies) could be resold.

No Recognizable Marketplace – The lack of a recognizable marketplace makes it challenging for sellers and buyers to connect.

Dependency on 3rd party – In the rare occasion where seller and buyer actually connects, parties need to place trust on a 3rd party to effect the transaction.

fidentiaX’s marketplace will be a membership-based ecosystem focusing on the key stakeholders and providing the following services:

Policy ledger – Break traditional reliance on intermediaries by creating a digital ledger for policyholders.

Trustless Marketplace – Provides a platform for buyers and sellers to connect and trade policies via the blockchain.

fidentiaX will focus on building its operations within Asia before executing its global expansion strategy. Key countries within Asia are Hong Kong, Japan, Korea, Malaysia and Singapore.

To learn more, please visit fidentiaX’s official website at https://www.fidentiax.com and stay updated on their Crowd Token Contribution launch announcement by subscribing to their mailing list. Stay connected through their social channels:

Join us on Telegram Channel at https://t.me/fidentiaX
Follow us on Facebook – https://www.facebook.com/fidentiaX
Follow us on Twitter – https://twitter.com/fidentiaX

Media Contact:
Name: Alvin Ang
Email: Alvin.A@fidentiaX.com
City and Country Location: Singapore

fidentiaX is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source: FidentiaX

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October 14, 2017
СarTaxi’s ICO is Starting: Pre-Sale Investors Have Already Received Bonuses

The September 29 ICO for CarTaxi will go towards funding the already-functioning business, which has seen rapid growth in the real economy.

Press Release
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updated: Sep 26, 2017

ST. PETERSBURG, Russia, September 26, 2017 (Newswire.com)
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Following the greatly successful pre-sale — meeting the goal of raising 3,000 ETH — the CarTaxi Ethereum-based ICO is scheduled to start on Sept. 29. During the first day of the sale, investors can claim a 15 percent discount on the tokens. Investors that bought tokens during the presale have already received the first bonuses.

CarTaxi is the first logistics platform for automation of car towing services. It combines all towing services in one mobile application. For drivers, it is a convenient and quick way to call for help on the road in your city or while traveling. In the media, CarTaxi is called “Uber” for car towing. This is partly true: the application uses an Uber-like interface. However, from off-site services, the platform is distinguished by the introduction of blockchain technology.

Projects on the blockchain in the real sector of the economy, according to the creator of Ethereum, Vitalik Buterin, cannot be underestimated. CarTaxi is one of those key projects.

For cryptocurrency investors, CarTaxi tokens (CTX) is a source of passive income. According to the company’s plans, 25 percent of their profit is distributed in dividend payments to tokenholders. Another 25 percent goes towards repurchasing CTX tokens on exchanges to increase their market value.

According to CarTaxi’s financial analysts, the company’s tokens for the first month after placement on the exchanges will grow at least two-fold. By 2021, the value is expected to grow by 30 times. The main factors of the projected growth are the development and expansion of the business, as well as the timely payment of dividends and the planned redemption of tokens.

In addition to the above benefits, CTX tokens after the ICO can be used to pay for platform services.

Funds raised from the ICO will go towards expanding the CarTaxi service to the American and Chinese markets. The company has chosen these countries because of analyst reports that confirm the service’s relevance and potential success in those areas.

In the region where CarTaxi launched, more than 40 cities have become connected to the service — that number increases every week. According to CarTaxi analysts, the global automotive market for the entire 2017 will increase by more than 3 percent and will continue growing in the following years. Motorization is the main factor behind the rise in demand for car towing, and the growing success of CarTaxi.

CarTaxi CEO Taras Semenov said ICOs are an innovative and effective way to attract investment for developing and operating business. But any new phenomenon that shows a wide range of opportunities, there can be both positive and negative examples of implementation.

“The ICO market is now oversaturated with scam projects that pull investments through fantastic promises, turning out for tokenholders as empty investments,” – Taras Semenov.

Therefore, to date, our task is to inform investors that CarTaxi works within a real infrastructure, with real income, allowing us to pay bonuses to investors already.

Our goal is to extend the service coverage on a global scale in order to make the CarTaxi service extremely universal and beneficial for users and partners. And together with investors, we are changing the growing market for car towing in the same way that Uber changed the taxi market.

To learn more, visit – https://cartaxi.io

Media Contact

Contact Name: Japheth Zoogah
Contact Email: japheth@cartaxi.io
Location: St. Petersburg, Russia

CarTaxi is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only.

Source: CarTaxi

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September 26, 2017
ALDOIN, a Green Crypto-Mining Project Offering Attractive Dividends Launches Crowdsale
ALDOIN, an innovative Green-mining solution in partnership with Eqvola and Adviora announces crowdsale.

Press Release
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updated: Sep 21, 2017
LONDON, September 21, 2017 (Newswire.com)
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ALDOIN is the result of a joint venture between London based IT company Eqvola LLPand Glasgow based ad agency, Adviora. The partners in this initiative have unveiled the crowdsale for the green Crypto-mining project.

ALDOIN is a highly-optimized cryptocurrency, Crypto-mining farm and trading service with low cost and smart allocation systems powered by an innovative equity token, ALDO. The token entitles holders to monthly dividends of up to 4 percent of the project’s profits from its mining operations. The ongoing crowdsale, in its first phase, allows participants to purchase the ALDO tokens and become part of the initiative.

The increasing requirement for hashing power, rising network difficulties and the use of massive amounts of energy by mining hardware has exploded into the public consciousness. Many believe that Crypto-mining solutions amid the rise and adoption of cryptocurrencies by various government entities and financial institutions are doing more damage to the planet than good. Making matters worse is the current situation with some of the existing Cloud-mining solutions which are fraught with inconsistencies, low payouts, and scam allegations.

Some people will argue that it is more profitable to mine on their own. However, critical issues such as high electrical power consumption, air conditioning costs, hardware repairs and maintenance, noise and interferences have proven to be very effective deterrents. ALDOIN combines the technical know-how of Eqvola to develop customized turnkey solutions for the financial market and the marketing prowess of Adviora to develop a stable and self-sustaining cloud mining ecosystem with both vertical and horizon expansion across all boards.

The ALDOIN ecosystem makes use of hundreds of mining farms to provide a high level of uptime for each farm. It will be achieved by using custom setups to maximize automation, reduce human resources and mining interruptions and maintain production at minimal expense to clients.

Over the past couple of years, ALDOIN has acquired extensive technical skills and knowledge in successfully running crypto mining projects based on different equipment and setups. They have tested and analyzed scores of mining algorithms and cryptocurrencies for optimal output and profit.

The ALDO Crowdsale

ALDOIN has split its crowdsale campaign into 10 phases, and the first phase went live on August 28, 2017, and will continue until October 31, 2017. As a part of its crowdsale, the platform will offer 50 million ALDO Equity Tokens, of which 5 million will be available on sale during the first phase.

On completion of the first phase, ALDOIN will start building an Aldostation, a Crypto-mining center scheduled to be completed in two months and launched within the third month. Those investing in the first phase of the crowdsale will be credited dividends based on the number of tokens they hold. The dividends distribution will be according to the following criteria;
- up to 500 ALDO — 1%;
- 501–1000 ALDO — from 1.1% up to 1.5%;
- 1001–2500 ALDO — from 1.2% up to 2%;
- 2501–5000 ALDO — from 1.3% up to 3%;
- from 5001 ALDO — from 1.5% up to 4%.
The ALDO tokens will be listed on exchange platforms after the fifth or the tenth phase depending on the market conditions. Once listed, token holders will be able to trade ALDO against other cryptocurrencies profitably.

Soon, ALDOIN will launch various high remunerated products and services including hash power reselling, smart contract creation, trading products, and blockchain legal products. The platform is also open towards investing in other blockchain related projects and startups as well. The future development roadmap and other project specifications are explained in detail in ALDOIN’s whitepaper.

Learn more about ALDOIN at – https://aldoin.com
Learn more about Eqvola at – https://eqvola.com
Know more about Adviora at – https://adviora.com
Access the ALDOIN whitepaper at – https://aldoin.com/documents/Aldoin_WhitePaper_EN.pdf
Follow ALDOIN on Twitter at – https://twitter.com/aldoin_official
Find ALDOIN on Facebook – https://www.facebook.com/aldoin.official
ALDOIN YouTube channel available at – https://www.youtube.com/channel/UCXn08sP9fxA3VTEGoKDeQjQ
Find ALDOIN on LinkedIn at – https://www.linkedin.com/company-beta/6427433

Media Contact
Contact Name: Maksym Tiahai / Olivier Danvel
Contact Email: promo@aldoin.com
Location: London, UK

ALDOIN is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source: ALDOIN
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September 21, 2017