Wild ride: Bitcoin plunges 31% at breakfast, surges 33% at lunch aljazeera.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aljazeera.com Daily Mail and Mail on Sunday newspapers.
IEO buzz analyzed
The crypto world changes at a mile a minute.
After 80 per cent (probably more) ICOs failed, the industry knew there had to be a better way to help viable projects succeed. Exchanges expose new projects to millions of investors instantly making the IEO a perfect partnership for mutual blockchain success. According to data from CoinSchedule.com, close to $180 million had been raised through IEOs in 23 offerings in the first quarter of 2019.
IEOs have huge potential from a growth perspective. Bill Shihara, CEO of US-based exchange Bittrex believes that IEOs have the potential “
to be larger than the ICOs of 2017.” IEOs have essentially fully replaced last years trend of Initial Coin Offerings, ICOs as a form of crowdfunding for projects. Bittrex, a leader in the industry, fully vets and supports projects through the IEO process. Alterdice, another reliable asset exchange, has announced their support of projects looking to crowdfund.
Crypto News Recap: Tesla No Longer Accepts Bitcoin As Payment Option albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
Beeple, Cryptokitties and NBA Top Shot have all entered the global conversation thanks to frothing sales activity and record-setting prices for digital assets certified by non-fungible tokens, or NFT’s, a close cousin of cryptocurrency Bitcoin. But why are people spending millions on digital artworks, videoclips and music?