Top Upcoming and Active ICO Projects, Week 46 ’18

In the below list you'll find some new ICO & STO projects which have to be paid attention to: Eloncity, Ultrain. Among the Top Active projects, it is GIFCoin STO trending today

The List of Upcoming ICOs

Eloncity (ECT)

eloncity.io

Eloncity is community-centric and renewable-based distributed tool aiming to manage transparently the use of electricity, with motto 'Free energy to the world'.

Interest & Rating

ICORating.com —  Stable+

icodrops.com — Medium Interests

Hypernum.com — 49% Expectations Auto Rating

  • Token Sale: November ’18
  • Token type: ERC20
  • ICO Token Price: 1 ECT = 0.12 USD
  • Fundraising Goal: $33,000,000
  • Total Tokens: 1,000,000,000
  • Available for Token Sale: 320,000,000 (32%)
  • Whitelist: Yes

Ultrain (UGS)

ultrain.io

A commercial ecosystem ecosystem with capacity for various industrial applications.

Interest & Rating

ICORating.comStable+

icodrops.com — High Interest

  • Token Sale: November ’18
  • Token type: Own
  • ICO Token Price: 1 UGAS = 0.20 USD
  • Fundraising Goal: $20,700,000, $20,000,000 raised
  • Total Tokens: 1,000,000,000
  • Available for Token Sale: 200,000,000 (20%)

The List of Top Active ICOs

GIFCoin STO (GIF)

A Gambling Investment Fund, designed for their investors to receive more profit from existing platfrom. ICORating.com — Stable+

  • Token Sale (March 16 — Nov 13, ‘18): ends in 1 day
  • Raised: $2,800,000 (57%)
  • Goal: 24,000 ETH

Related news

BlockState Gains Clarity on STO Taxation Within Switzerland

No Tax. No Vat. BlockState, a Swiss digital securities issuance platform, has recently closed their very own STO. Upon doing so, multiple questions were raised with regard to how capital, brought in during this event, would be taxed. The STO hosted by BlockState represented the first of its kind in the region, making the young company a trailblazer within the digital securities sector. As stated by BlockState, confusion remains on the taxation of capital raised through STOs…until now. Clarity In an effort to gain clarity on the situation, and set a precedent moving forward, BlockState turned to PST Legal. This law firm was tasked with gaining clarity from Swiss regulators. Their efforts were successful, with recent rulings being doled out. It was ruled that capital raised through such means would NOT be subjected to either profit tax, nor value-added-tax (VAT). Rather, much like traditional capital raises, funds garnered through STOs structured in such as manner would only be subjected to ‘security issue tax’. By achieving this, BlockState has not only made their own path easier moving forward, but for others as well. This ruling provides future STOs with precedent and clarity on how their actions will be received by regulators. Commentary In their release, BlockState comments on the development. They state that it was concluded that the, “…issuance and the profit on the sale of own shares through a security token offering in this specific case does not trigger profit tax and added-value tax, but security issue tax. This is a unique tax clarification for the BlockState’s security token offering model and marks the first time that a Swiss tax authority has issued a ruling on the tax classification of an equity STO.” With this development, BlockState commented on what it means to them. It was stated, “We are excited to be part of the progress in this space, not only developing leading technology and legal frameworks, but being able to play an active role in the regulatory conversation around security tokenisation.” BlockState BlockState is a Switzerland based company, which was founded in 2018. Above all, Blockstate acts as an issuance platform for companies looking to tokenize assets. The company operates with a mission of unlocking trapped wealth, through the use of blockchain technologies. CEO, Paul Claudius, currently oversees company operations. Zug, Switzerland With their progressive approach to blockchain, and companies taking part within the industry, Switzerland is fast becoming a hub for the technology. This has led to the town of Zug being dubbed ‘Crypto Valley’. Companies involved with blockchain have been drawn to the area, as the Swiss government has taken the initiative to provide clarity on law and regulations governing the sector. Being afforded this clarity allows for these companies to operate efficiently, and without fear of repercussions for actions taken. In Other News In months past, we have detailed development pertaining to BlockState multiple times. From their migration of ERC tokens, to hosting STOs on behalf of others, BlockState has remained busy. The following articles dive deeper into each of these events BlockState Hosts First STO for Streetlife International BlockState to Add ERC Tokens to Corda The post BlockState Gains Clarity on STO Taxation Within Switzerland appeared first on Securities.io.
Securities.io

Fervent Push for Regulatory Approval by STO Issuers

The crypto industry is making great strides in establishing Security Token Offerings (STOs) as a secure fundraising method. With the market’s attention diverted to the first-ever SEC-supported STO, and the U.S. Securities and Exchange Commission (SEC) pledging “plain English” directives on ICOs, 2019 could finally see security tokens used as fundraising tools. In 2018, the digital market registered significant drops in ICO numbers. Although investors saw great potential in the fundraising system at the beginning of the year, financial analysts exposed 80% of ICOs as scams by March 2018. A research conducted by Bitmex observed a 97% slump in ICO markets in Quarter 1 of 2019. While utility tokens only give access to protocols, STOs allow an investor to own a company’s assets much like stocks and bonds. This gives investors the right to vote, as well as share profits, interests, and dividends. Although utility tokens are not direct investments, some companies cling to them with the hope that they will increase in value. However, there is no assurance that the prices will rise in the future. Not only that, utility tokens involve uncontrolled token sales. STOs, on the other hand, enjoy regulatory oversight which ensures investors` interests are protected. On the whole, it is possible to organize security tokens according to securities laws so that the rights of token custodians match the ones provided when buying shares with a publicly listed company. STOs in Figures The total number of STOs launched worldwide in 2018 exceeded 1200. In spite of the SEC’s failure to approve any STO, launches increased by a margin of 60% in the United States. With only 174 STOs in 2017, the number was just shy of 300 in Q4 of 2018. Interestingly, STOs rose beyond 130% in Q1 2019. This surge did not come as a surprise considering the efforts by regulators to make sure security norms are observed. Even so, this pressure made it difficult to establish public token offerings. Besides, numerous STO service providers are joining the digital market, therefore, setting the pace for organizations to launch STOs. It is imperative to note that security tokens are not limited to only trading STOs or investments. It is possible to fractionalize security tokens kept on the blockchain. Therefore, retail investors can inject small sums into venture capital initiatives like gaming and medical care. Building a Credible Asset Class and Regulation Industry players are keen on ensuring security tokens together with their supporting infrastructure conform to regulatory stipulations. As long as the underlying infrastructure is in good condition, security tokens are capable of providing numerous investment opportunities to entrepreneurs with likely secondary market liquidity. Within the United States, security tokens fall under different regulations. They include:       Regulation S This offers an SEC-compliant procedure for both US-based and non-US investors to raise funds outside of the United States. In this case, security offerings can accommodate both Equity as well as debt securities. Although Regulation S offerings do not need SEC registration, an investor should ensure to sell their non-US tokens in line with US laws. Even so, the sale proposal might encounter limitations when the investor is an American organization. As such, it is prudent to combine two regulations. Since their concurrent use is legal, an investor can fuse Regulation S with D. The only variation between these two rules is that Regulation S allows an investor to raise cash from overseas without investor accreditation. So to say, Regulation D enables an investor to raise funds from US financiers while Regulation S guides contributions from outside the U.S.       Regulation D It allows the provision of securities to both US and foreign organizations alike. Moreover, it neither has limits on the maximum fundraising nor the size of a single participant’s investment. Thus, it is appropriate for all securities types. Even so, the regulation only allows certified American investors to participate. According to SEC’s section 506B, around 35 unapproved players can take part. Furthermore, Section 506C urges investors to get verified and only provide truthful information during their solicitation.       Regulation A+ This allows creators to present non-accredited investors with SEC-approved securities. The highest investment for this option is a $50 million sum or $20 million in the case of Tier 1. Tier 2, on the other hand, bars investors from committing above 10% of their annual income alone or together with their spouse. Regulation A+ issuance can take longer than other alternatives and is usually more complex and expensive. However, it is reliable because it does not have restrictions for prospective entrepreneurs (excluding US citizenship). What Does the Industry Have in Store? Despite the crypto industry being a budding market, it has shown tremendous growth in the recent past. This is evidenced by the increasing SEC applications for security tokens. Furthermore, organizations are now building their own digital commodities. The industry has high expectations that the SEC will release additional guidelines on STOs. There is mounting pressure to align regulations with vibrant markets like Switzerland. Overall, security tokens are a valuable instrument for accessing substitute investment openings in global markets amidst a secondary market liquidity chance. Featured image via BigStock.
Crypto-News.net

RISE Founder and CEO Talks about AI for Investing and Their Aim to Issue the Largest STO in Europe

Stefan Tittel, CEO and co-founder of RISE Wealth Technologies is a Serial entrepreneur with an impeccable track record. He has led several* companies throughout their complete business life cycle. He talked to Fintechnews about his company RISE Wealth Technologies, their plans and the current STO, which aims to be the largest in Europe. Stefan Tittel, CEO RISE 1. What is RISE Wealth Technologies and what does it do? RISE is a Germany-based software company developing sophisticated algorithmic trading technology using artificial intelligence (AI) and machine learning (ML) systems which have successfully traded on traditional financial markets for years. The patent-pending AI Machine Learning platform will fundamentally change the way that funds, investors and asset managers make investments. The RISE methodology enables investors to continuously discover, validate and implement new trading opportunities in both highly liquid and illiquid financial markets across the globe. The RISE technology-based financial solutions have outperformed competitive products since 2016. The company’s next step is to scale into the $80 trillion global asset management market. With the current STO, RISE aims for the largest European STO with $120 million target volume, to grow the business and expand globally and to extend their product offering for retail investors. At present, the company is financed with US$ 11 million and employs a workforce of around 20 experts in branches located in Munich, New York and Paris. 2. How did the idea come up? Originally, after my first company was sold (for more than USD200m to SAP) I asked myself where to effectively place and invest my earned money in the financial markets without the risk of losing it. Since I couldn’t find a convincing solution in private banking and funds, I looked deeper and identified a core problem in the market and decided to build an AI software to solve it. That was pretty much the starting point. 3. What is the company’s competitive advantage? What differentiates RISE from competitors? We are changing the way how funds, investors and asset managers invest. Human trading is being replaced at a staggering speed by automated, data-driven algorithms. In global financial markets, as in all other spheres of life, using computers that beat the human „computing capacity“ by billions, simply produces better results. In the future, the most successful asset managers will be technology companies. RISE is part of this exact group and has a massive technological edge. Our team of experienced serial entrepreneurs has built RISE over the last 7 years with the ultimate vision to be the „next big thing“ in the asset management world. We’ve recruited an all-star team and invested millions to build a set of self-learning, continuously improving trading software utilizing artificial intelligence and machine learning that will change the way how funds and investors trade. This technology, patent-pending, is the future of asset management. RISE is financed with a $8 million pre-STO investment round by all-star investors and is led by an experienced team of FinTech serial founders who have successfully built and exited several companies before RISE. We’re now ready to scale. 4. What is unique about the STO and the RSE token? RISE offers a 50% discount on the dollar in Phase 1 (volume limited) to accredited and professional investors. Apart from that, the token /participation right is valuable in itself; it comes with repayment of 8% p.a. plus dividend plus a non-dilutable exit participation. With our Secure Token Offering we offer a model to invest in our enterprise success. The RSE token pays out quarterly dividends from all profits that RISE generates. It allows regular investors to benefit from the massive potential and wealth generation of the unparalleled shift towards AI-powered investment management. RSE holders get quarterly profit payouts from RISE’s main drivers of profits – the strategy licensing revenues from institutions and revenues from its retail platform. Furthermore, RSE token holders are entitled to a $0.04 annual payback per token for 25 years up to a full repayment of $1.00 / token. For phase 1 investors, this is an 8% p.a. extra payback (on top of profit payouts). Last but not least, RSE holders participate in a potential IPO or Sale. Which means, should RISE be listed on an official exchange or be acquired, token holders will receive a share of the proceeds. 5. What are you looking to accomplish during 2019? This year, 2019, is of course dominated by our STO. With a target issue volume of $120 million, we aim at completing the largest European STO to date. This is our main focus at the moment, to achieve this goal. The first phase for professional and accredited investors is still open till September 15, 2019 – the second phase of the RISE STO will be opened to all investors pending regulatory approval and jurisdiction. But also, on a product level, we have exciting launches planned for this year with the release of the RISE Autopilot as well as the planned release of the RISE Crypto Trading Hub. 6. Does RISE have early customer validation? How many downloads and/or registered users have you recorded so far? RISE has several products on the market. With RISE Pro we are servicing an institutional customer base who are able to utilize our software to more effectively manage capital. The RISE Retail products include several brands such as the RISE App and the RISE Crypto Scanner with more products in the pipeline. While multiple institutional clients use RISE Pro, over 100,000 users have access to the RISE App from our previous UpTick brand, as well as currently over 2,000 early adopters are using the RISE Crypto Scanner. 7. Why AI is needed in investing? What’s the next step in AI/ML Investing? Machines work more efficiently than humans and, above all, without emotions. Artificial Intelligence and Big Data analysis can identify trading signals that are impossible for humans to recognize. Machines process information better, so algorithms are also perfect for Crypto and coping with a high degree of volatilities. Therefore, they will help the investor avoid all of the risk and inefficiencies that inevitably arise with human-influenced trading especially in the crypto market with overheated markets or markets depressed by blind pessimism. AI/ ML based investing replace gut instinct and intuition with facts and artificial and data-based powerful intelligence. Our patent-pending AI platform uses a combination of statistical methods and machine learning to search for promising new trading strategies and then validate and optimize them using an ongoing iterative process. Machine learning algorithms are able to scan and process vast amounts of data and distinguish real patterns, connections hidden to human logic, from random events also avoiding subjective human interpretations and thus derive suitable trading strategies. This allows us to basically feed our platform with data of stocks, futures, cryptocurrencies, etc. from which the platform then generates multiple valid trading strategies based on this data. 8. Your team has been focusing for some time on AI/ML-based trading algorithms. Are we approaching some sort of mainstream adoption, in your opinion? Elite investors are already using artificial intelligence and machine learning in investing to gain a competitive advantage. However, we are still far away from mainstream adoption. Today the largest asset managers are still traditional finance companies, which will change in our opinion. The largest asset manager in the future will be a technology company – not a bank. So we are just at the beginning of the disruption of the financial industry as we know it today. 9. What is Rise’s revenue model? How are you going to be making money? Banks and hedge funds pay license fees to trade assets using customized strategies developed with Rise’s proprietary trading software. The licensing fee structure is based on the standard of the industry – a management fee and a performance fee. Retail clients will also pay fees to use retail trading products available via Rise’s trading platform and mobile app. These fees form the basis of Rise’s revenue model.   *These companies, with total investments of more than $90m, generated substantial value for their investors. These companies previously have been founded or co-founded by Stefan Tittel: CROSSGATE AG (a B2B SaaS platform, market leader, sold in 2011 to SAP), TRAXPAY AG (a B2B real-time, blockchain-based payments platform, became a strategic investment by Commerz Bank and Software AG in 2013), Masterpayment AG (an online payments and working capital finance provider, sold in 2016 to NASDAQ-listed Net1 group), QUANTUMROCK Capital (a licensed asset manager), SINUS CULTUR (a property development company). Featured image credit: screengrab from Youtube The post RISE Founder and CEO Talks about AI for Investing and Their Aim to Issue the Largest STO in Europe appeared first on Fintech Singapore.
Fintech Singapore

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