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There have been many challenges in the crypto industry ever since its inception, especially since the space has been quite complex to understand for many people worldwide. The shortcomings range from fundamental UI design errors in platforms to underlying crypto-architecture issues to business model challenges. (source – medium)
The crypto industry is now facing a lack of mass adoption and, as a result, a lack of enthusiasm from most of the mainstream firms or banks to participate in the industry. Moreover, investment platforms online are not reliable enough, and there is a lack of good onramps, offramps, and regulated custody of assets.
Bitcoin.com exchange to list Aspire, Aspire Gas
Bitcoin.com began listing the digital assets Aspire (ASP) and Aspire Gas (GASP) September 30.
Both tokens were created by Aspire Technology, under the leadership of core developer Jim Blasko, a proof-of-work innovator since 2012.
Aspire Technology develops digital asset creation technologies and was incubated by the bCommerce Labs accelerator fund and other angel investors. The Aspire platform, which consists of the Aspire (ASP) digital asset creation platform and Aspire Gas (GASP) blockchain, resists both mining exploits and 51 per cent attacks common to proof-of-work blockchains, the company said.
The Aspire platform improves upon the standard Counterparty open-source code, but grafts in an automated checkpoint server to prevent 51 per cent attacks that have caused many other blockchains to be attacked and lose funds. Aspire is also not subject to miner attacks, the company added.
Aspire Technology $2.4M raise to drive digital asset growth
Aspire Technology, developer of the Aspire digital asset creation platform, has announced the closing of both a $1.175 million equity round and, shortly thereafter, a $1.23 million private token presale for a total of more than $2.4 million of new capital, according to Aspire technology chairman, Michael Terpin, who led the company’s pre-seed $260,000 equity funding round in 2017 through his bCommerce Labs incubator fund.
The equity round in Aspire Technology, Inc. was led by German blockchain fund Foeckersperger Ventures, GmbH, and individual accredited investors. The private token presale, which excluded US persons, was conducted in Bermuda and was led by Cayman Islands registered digital currency fund, Alphabit Fund.