Snip Announces Crowdsale for Censorship-Resistance News Platform

Snip announced this week that it will be launching a crowdsale to raise funds for the development of its decentralized, user-generated news platform.

The blockchain startup in its press statement confirmed that the public sale of its institutionalized token, SnipCoin (SNP), will be held on September 29th, 2017. In the entire lifetime, the total supply of SnipCoin is limited to 10 billion SNP. But for the upcoming token sale, only 3 billion will be made available, with an aim to raise a minimum of $8 million.

According to Snip whitepaper, the current SNP/ETH rate is 1 ETH = 310,000 SnipCoins (SNP).

What is SNP token?

In detail, SNP is an Ethereum-based ERC20 standard token which will be used to conduct in-house finance operations of the Snip platform. Snip proposes to build a decentralized, censorship-free platform for online readers and contributors. The community-driven platform will allow users to publish their stories and, in return, will provide them with monetary rewards. At the same time, Snip will also allow businesses to use SNP tokens during the purchase of advertising products on the Snip news network.

SNP is launched with an inherent demand structure. As Snip news platform gains momentum due to its fear-free journalism, the demand for the SNP tokens will also grow. Coupled with revenue from subscriptions and ads, the total SNP pool size value could also increase exponentially, the benefit of which will directly be routed to SNP holders.

Also, SnipCoin is a public cryptocurrency and is not in control of the Snip team.

What makes Snip Platform Unique?

“News is broken”, says the very first statement of Snip whitepaper. It is sad but true. A small group of corporations is using news networks as a mean to manipulate public opinions. They promote clickbait and biased articles in large, while the actual journalists get sidelined despite delivering powerful and true stories of the society.

The advent of a platform like Snip becomes necessary in such times. Most because Snip is never controlled by a group of businessmen. It belongs to people, and is completely powered by its community — however small or large it may be.

“On Snip,” stated the whitepaper, “anyone can write a news story about any topic, and readers can find news that matters to them. A community-based news site, owned by the community, can become the top news site in the world and cover any subject, from breaking news to entertainment and everything in between.”

To know more about the technology behind the Snip platform, and why should you be a part of it, please visit here.

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The Decentralized Autonomous Organization (DAO), the first successful multi-million dollar initial coin offering (ICO) conducted on the Ethereum blockchain, was not able to carry out its vision due to severe security flaws that led to the loss of millions of dollars worth Ethereum from investors.

Ultimately, losses of investors in the DAO were overturned and recovered by the Ethereum foundation, through a controversial hard fork execution that led to the creation of Ethereum Classic. Regardless, since the birth of the DAO, not a single project or an ICO project attempted to fulfil the vision of a decentralized fund that accelerates startups and other projects within the Ethereum ecosystem.

The Rocket team explained that its Ethereum-based blockchain project is “the world’s first decentralized accelerator, built on the principles of DAO. This ecosystem provides the chance for the teams with their ideas, experts and investors efficiently and safely interact through smart contracts ethereum to create projects and bring them to the ICO with raising funds in cryptocurrency.”

Unlike many ICOs that have had admitted that their tokens have no purpose and value, RocketCoin demonstrates ownership stake in the project and a stable revenue source coming from other successful ICOs launched with the help of Rocket. For instance, if a $3 million project successfully conducts its ICO on the Rocket blockchain, 4 percent of the amount of raised ($3 million in this case) will be allocated to investors.

“For example, we expect 30 projects implemented on RocketICO in 2018. Let’s assume that the average capitalization is 3 million USD, in total over 30 projects — 90 million USD. Then 4%, i.e. 3.6 million USD goes to the holders of tokens. If 3 million tokens are kept by active platform participants, each token will receive 1.2 USD,” the Rocket team emphasized.

In essence, Rocket is very similar to existing blockchain accelerators such as Boost VC. Billionaire investor Tim Draper’s son Adam Draper founded the Boost VC blockchain-focused startup accelerator in order to improve the ecosystem and provide blockchain startups with sufficient capital to develop their technologies. Rocket is a decentralized version of Boost VC in that investors purchase RocketCoin and earn voting power to invest in certain startups.

More importantly, Rocket also provides a platform for investors that are looking to expose themselves to the new asset class in ICOs but do not have the technical knowledge and resources to evaluate ICO projects in terms of technical specifications and potential in financial success. Hence, beginner or casual investors can fund early-stage ICOs or blockchain startups on the Rocket blockchain platform by relying on the majority voting system.

Lastly, Rocket aims to integrate next-generation blockchain-based prediction systems such as Gnosis and Augur to allow investors to predict success of certain startups.

“That is the reason why we are considering integration with such services as Gnosis and Augur, where each user can bet on any event related to the project. This will add a dynamic element and allow you to identify and encourage the most successful expert and investor,” added the Rocket team.

The pre RocketCoin ICO is carried out until September 5 and after that, the main ICO will be conducted by Rocket. The ICO is advised by industry leaders including NewsBTC CEO Jonathan Millet and Business Development Head Jayanand Sagar.


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[Update1: At the press time, KICKICO has raised 1100 ETH against their target of 2000 ETH.]

KICKICO, a new Ethereum-based platform for crowdfunding and Initial Coin Offerings, is allowing individuals to participate in their ICO at a heavily discounted rate of 6,000 KC per ETH (instead of 3,000 KC during the ICO).

Anti Danilevski, Founder & CEO of KICKICO, has been a leader in the Russian crowdfunding community since 2011. He has found that first-generation crowdfunding platforms like Kickstarter cost campaign creators so much that their campaigns are often not worth their while. At the same time, backers have no protection from creators who do not keep their commitments. Danilevski estimates that 80-90% of projects fail to deliver their projects.

Three years ago, Danilevski predicted on his Facebook group that the current crowdfunding model would be replaced by a more efficient platform. Seeing the enabling power of Ethereum, he decided to take matters into his own hands and has been working behind the scenes on KICKICO, which is announcing its preICO today.

Other crowdfunding platforms that charge anywhere from 15–40% commission fee for listing,  KICKICO charges a flat 4%. Backers are also insured in the form of a custom Ethereum-based token, KickCoin (KC), and can use smart contracts to offer equity in the crowdfunded project to backers, something that was not possible on crowdfunding 1.0 platforms.

KICKICO, currently preparing for their public launch in September, aims to bring crowdfunding to regions of the world that legacy legal and payment-processing systems did not reach.

KICKICO is offering investors the chance to acquire KickCoins in the preICO, at the rate of 6000 KC per ETH. (Once the ICO launches on August 29th, the price of KickCoins will double to 3000 KC per ETH.) KICKICO hopes to raise 2000 ETH in their preICO launch, with a maximum of 5000 ETH. Since these coins are not mined, the pricing is not expected to inflate.

The first ten investors to contribute 10 ETH or more will be entered into a raffle to win free KickCoins, with prizes as high as 300,000 KC (about 50 ETH)! More details about this exciting opportunity can be found on KICKICO’s preICO page.

For media inquiries, please contact Yury Parsamov – [email protected]

A newly launched trading platform has announced that it will charge no fees on all its trading pairs.

Binance, as the trading platform is titled, focuses on the chain of chain assets is led by Changpeng Zhao, a high-profile Bitcoin enthusiast who has worked in high-level positions at OKCoin, Blockchain.info, and Bloomberg.

The platform is committed to providing users with more secure and convenient digital currency exchange services, polymerization of global high-quality digital currency, and a world-class blockchain asset trading platform.

Binance is the new kid on the block, trying to disrupt and challenge the hierarchies in the exchange space. Despite being a new trading platform, it sure is enjoying a considerable traction and support as is obvious by its recently concluded ICO. Binance managed to successfully raise an investment of $15 MM USD via their ICO.

The team behind Binance.com has some serious players from Morgan Stanley, Nomura, SBI group, and Accenture.  The exchange also acquired a long list of high profile backers for their ICO, including Roger Ver, Matt Roszak, and a number of well-known Chinese investors.

The first impression of Binance.com has largely been positive. The trading interface is clean and professional, powered by a noticeable fast matching engine. Therefore, making trading on the platform a smooth experience.

Binance offers two trading screens, one regular, and the other one is called Pro. Both the screens are free of cost. Our preference tilts towards the regular one.

Customer service response is fast. You get a human response within minutes. Although it is clear that the support team is new, they work hard to resolve any customer issues. As for the community support, Binance has a small but an active Slack community, where the core team members pitch in daily.

As gauged from the community, it seems the withdrawal time is on the high side at the moment. But the team says that they are still tuning the currently fortified risk management process, and it will become faster over time.

The exchange follows an aggressive release schedule.  A week after their ICO closed, the platform launched the exchange with 4 trading pairs.  And within next 10 days, the API trading (Beta) was released, in addition to the 4 more coins that were added (QTUM, SNT, BNT, and EOS).

It is well worth keeping an eye on this one.

Blockchain market is increasingly witnessing grand ventures and strategic partnerships among key players to leverage upon one another’s strengths and capital. One such strategic partnership that is in the buzz nowadays is the investment partnership being initiated between Monkey Capital, the blockchain-based hedge fund, and Digital Developers Fund (DDF), another popular blockchain-based trading platform for high growth digital assets like cryptocurrency and domain names.

The Background

As per the latest announcement made by DDF, Monkey Capital will be in a long term investment partnership with them. Monkey Capital has acquired significant ownership in ICO crowdsale campaign by DDF. Apart from participation in the ICO, Monkey Capital has also signed an agreement with DDF for further securing its stake within 90 days after the ICO ends.

The After-Effects of Partnership

As stated by DDF, this acquisition of tokens by Monkey Capital is not going to affect any token holder taking part in the ICO, rather it would greatly increase the assets under management, enabling DDF team to accelerate their lucrative investment strategy. The success of the DDF model, after TAAS investment in the ICO, is further elaborated by Monkey Capital’s investment.

The Monkey Ventures

As per the agreement, once the acquisition is made within 90 days after the end of ICO, DDF will rebrand the partnership as Monkey Ventures. The deal also lets Monkey’s token holders inherit a changing rate of return from asset managers, represented in the stake Money Capital has got in DDF.

What did the Partners say?

Daniel M. Harrison, the Managing Partner at Monkey Capital states that they are pleased to enter this strategic partnership as DDF is a profitable opportunity. Harrison also became the part of DDF’s Advisory Board to offer his expertise during DDF’s crowdsale.

Michael Marcovici, the Managing Director at DDF also says that the company’s mission is to make digital investment safe, profitable and purely transparent. Being supported by Monkey Capital, who is one of the pioneering innovators in blockchain finance, DDF is looking forward to working collaboratively with them under the Monkey brand and play its role towards their success at the same time.  

In future, the strategic investment partnership between the two renowned blockchain market players is expected to bring exclusive features and opportunities for blockchain community members.

To know more about this venture, please visit https://www.digitaldevelopersfund.com/wp-content/uploads/2017/07/DDF-Monkey-Capital-5.pdf

To take part in DDF’s ICO, check https://www.digitaldevelopersfund.com/ico/

Ziber, a mobile client and Ethereum blockchain network that is attempting to drastically lower international mobile call costs, is conducting its token sale of initial coin offering (ICO) on July 27, 2017.

According to the Ziber team, the $90 billion international mobile market is growing at a rapid rate, at around 10 percent on a yearly basis. There exists several dominant mobile phone service and network providers such as Skype and Viber but users have struggled to deal with the costs of international mobile calls since Skype and Viber launched their VOIP services.

With the utilization of the Ethereum blockchain technology and a decentralized system of masternodes, the Ziber team aims to reduce international VOIP mobile call costs by 10x, in comparison to other service providers including Skype and Viber. By redirecting mobile calls throughout different servers or VPS integrated onto masternodes, Ziber plans to establish a global blockchain system to process international mobile calls.

Despite having raised over a billion dollars in a period of 12 months, the initial coin offering (ICO) market is still yet to demonstrate many viable products and services. Some ICO-running projects including TenX, a cryptocurrency debit card operator, have released working prototypes and applications but the vast majority of blockchain projects are yet to provide legitimate platforms.

Ziber already has a mobile client which Android and iOS users can download and install on their mobile phones. The next phase in development will be the migration of their client to the Ethereum blockchain and be using Ziber tokens, which are compatible with Ethereum, to create a tokenized network for mobile users.

More to that, it is rare to see a startup and blockchain project already having a plan to profit off their services and maintain a sustainable project. According to the ZIber team, it will charge a small fixed fee for international mobile calls, which will be drastically lower than other service providers including Skype and Viber.

“The Ziber payment applies to all calls to mobiles and landlines. Due to the fact that the cost price of such a call is equal to 0, we can set call charge rates several times less than Skype, Viber and hundreds of IP telephone companies. From every dollar earned we deduct a part of profits to owners of masternodes who installed them on their servers and people who have provided their mobile numbers as a proxy server,” said the Ziber team.

As the network grows in size and the decentralized ecosystem of masternode runners expands, Ziber tokens will be utilized to incentivize server providers that are routing calls through a blockchain system.


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A new blockchain-based platform is looking to raise $20 million to develop a music streaming platform.

Opus, as the new platform is titled, proposes to bring a traceable and transparent online streaming service for all the musicians. The mission is to create a model that eliminates intermediaries, offer works’ traceability, and ensures transparency in the management and allocation of creative rights and revenues.

The Opus platform is introduced at a time when musicians around the globe are getting unfair-to-no payments for their hard work. Each song sold on an online music streaming website generates great revenue, but the artists – especially the new ones – receive only a small chunk from it. Centralized models are designed to cut back a considerable portion for themselves whilst leaving artists to live on pennies.

Opus, on the other hand, replaces centralized trusted parties with an automated system. The platform uses low latency IPFS as a storage layer, which connects computing devices with the same file system to store songs permanently and transparently. At the same time, an additional layer based on Ethereum handles all the transactions in the most transparent manner.

“Music files are encrypted and uploaded to the IPFS swarm, and the decryption keys are stored on a smart contract and referenced on a Universal Music Registry Number (UMRN), that resides as a JSON file within the IPFS system,” states Opus.

“The system annexes individual music tracks and effectively ensures permanent ownership.”

Opus has already released a beta-platform for the project which can be touched and tested by the interested participants. The developers intend to launch a full-fledged model in the near future; they have already announced the crowdsale of their native OPT tokens, a process that will ensure a steady influx of investment into the project while rewarding the OPT holders with the stakes in the Opus platform.

The OPT Crowdsale

Opus plans to sell a total of 900 million OPT tokens while eyeing a minimum fundraiser of $20 million. The crowdsale period has already started on July 23rd and will run until August 20th in three consecutive phases. The first phase, which is ‘LIVE’ at the time of writing, is called Angel Funders; it offers up to 1000 additional OPT tokens in bonus, and the rate per 8000 OPT tokens remains at 1 ETH.

The second phase, called Early Bird, charges investor 1 ETH for 7500 OPT tokens, whilst the bonus gets reduced to 500 OPT. The third and the final phase is called ‘Standard Phase’, which has no bonus and sells 7000 OPT tokens per ETH. That being said, early investors have advantages over the ones who purchase OPT tokens late. Opus plans to burn the unsold tokens.

Opus plans to burn the unsold tokens.

If you wish to contribute with ETH/BTC, follow Opus on their website here.

Since late 2000-s, when Kickstarter (2009) and Indiegogo (2008) were launched, the world is experiencing hype around fundraising. The reason is that many project creators believe that crowd-funding platforms are nothing, but a simple way to raise funds for the project. However, the reality is that it’s not that easy to start a campaign on one of them and get the money, collected for the project. For example, Kickstarter accepts projects only from USA or countries, where the platform operates. Banks, payment systems, and bureaucracy are the additional obstacles to start a campaign.

Blockchain revolution will change things, facilitating fundraising and making it as easy and simple as it is supposed to be. Decentralization, crypto-currency, and smart-contracts are the new solutions for a campaign to raise funds.

As to examples, one of the first blockchain platforms for fundraising, KICKICO.com is a project started by Anti Danilevski, Russian crowd-funding evangelist, who has built famous Russian non-blockchain fundraising platforms, such as Planeta.ru and Boomstarter.

KICKICO’s ecosystem will form the so called KICKonomy, based on KICK-coins, the tokens that the platform will issue during the ICO. KICK-coins will be used by backers to support campaigns that are launched on the platform.

KICKICO will support all the projects, placed on the platform with advice, marketing support and all necessary technical solutions, including smart-contracts.

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Loci, the development firm behind InnVenn, a patent protection solution designed specifically for inventors, is engaging in an initial coin offering (ICO) campaign to extend its platform to the Ethereum blockchain network.

One unique aspect of the ICO of Loci is that the company already has a working application that is utilized by an active user base of inventors and companies. The vast majority of blockchain projects and companies that have initiated ICOs in the past have not demonstrated any working or viable products at the time of the ICO and are still yet to demonstrate successfully tested software.

Large-scale companies including Spira are using Loci’s InnVenn in order to bypass the inefficient industry of patent development and focus on building products.

Elliot Roth, Founder & CEO at Spira, stated:

“Loci is helping my company reimagine our intellectual property strategy and enables us to move quickly in a fast-paced world.”

The key to InnVenn is to automate the process of patent discovery and approval. Many inventors become involved in lawsuits and legal conflicts over patents upon the completion of the development of technologies and solutions. Hence, by using the Ethereum blockchain network, Loci is trying to deploy the InnVenn platform onto the Ethereum protocol and utilize smart contracts to secure intellectual properties for inventors and companies.

“Anyone, from patent attorneys to inventors and even corporate analysts need the ability to quickly and comprehensively search the intellectual property landscape and that is why InnVenn exists,” said the Loci development team.

At the moment, Loci is using an intuitive user interface and machine learning technology to help inventors secure patents for their technologies. On September 5, after the completion of its ICO, Loci aims to migrate its platform over to the Ethereum protocol and start testing smart contracts by automating processes within the InnVenn platform.

Loci told NewsBTC:

“Loci will use funds raised in a token sale starting August 10th to transition their existing framework to the Ethereum blockchain. Loci will be the first fully funded company with a working product and sales (in the product they are tokenizing) to embark on a token sale.”

Since the beginning of 2016, companies in major industries including insurance, healthcare, and information technology have been attempting to utilize blockchain technology to secure data and information. However, most companies have struggled to demonstrate the potential of blockchain technology due to their use of private and permissioned blockchain networks.

Loci is working with the Ethereum blockchain, which is a public, decentralized and transparent blockchain network designed for flexibility and smart contracts. If InnVenn successfully migrates to Ethereum, it will become one of the few decentralized applications that are being actively utilized by users in the Ethereum network.

The whitepaper covering technical intricacies of the InnVenn Ethereum project will be released by the end of this week.

Harbour, a decentralized, autonomous and community-managed token asset management system, starts its initial coin offering (ICO) in 12 days.

Conceptually, Harbour is nearly identical to the original decentralized autonomous organization (DAO) launched on top of the Ethereum protocol last year. Harbour creates a community-driven hedge fund that decides on which crypto asset to invest in, opening a market for investors that are not willing to spend much time and money in trying to establish their own cryptocurrency and crypto-asset portfolios.

Each Harbour or HRB token represents voting power for stakeholders. Holders of the HRB token can vote to decide which crypto assets will be invested in by Harbour using smart contracts.

“Each HRB token you hold gives you one vote in the DAO. Tokenholders vote on what tokens the DAO should acquire, and how many of each. Finally, tokenholders also have the power to create and vote on proposals that change the way Harbour itself works. On a quarterly basis, 75% of the surplus ETH will be distributed to tokenholders, and 25% will go back into the DAO’s holdings,” the Harbour team noted.

At the moment, the community perceives the ICO market as a bubble-like industry, with “not-so-smart-money” flowing into the ecosystem. However, in a more technical and conceptual sense, blockchain projects including Harbour are enabling infrastructures that did not exist prior to the emergence of bitcoin and Ethereum.

There are many investors and traders that are considering to establish a diverse portfolio on cryptocurrencies and crypto assets but simply do not have an idea on where and how to start. Trading platforms request customers to follow strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies and that makes it difficult for investors to establish a diverse cryptocurrency portfolio.

Harbour allows investors that at least want exposure to the asset class and the cryptocurrency market to invest in crypto assets without taking extreme risks and spending significant time in research and evaluation. Since the community and stakeholders decide on which crypto asset to invest in, Harbour’s decentralized and autonomous hedge fund will open a market for investors that are not familiar with cryptocurrencies and assets.

At the moment, the Harbour development team stated that the difficulty in establishing a decentralized hedge fund comes from automating the Harbour platform and collective decision to buy and sell tokens. Technically, it was a difficult problem for Harbour but the development team is actively investing into various methods that would allow the fund to invest in crypto assets securely and transparently.

“Harbour aims to harness the wisdom of crowds to overcome the problems of assessing DApps. With Harbour, only the collective can make decisions to buy and sell tokens, and participate in ICOs. An intelligent cross-section of the ecosystem, which Harbour will represent, that is both stable and fluid, will drive long-term value and long-term holders and significantly and positively impact the entire ecosystem,“ the whitepaper of Harbour read.


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