Trade mark Telemessage ICO Hits $1.7 Billion After Second Funding Round
The Radiogram ICO has now raised a total of at least $1.7 billion, according to public certificates. According to offering documents filed with the US Securities and Exchange Commission (SEC) and seasoned March 29, the second round of Telegram’s much-hyped ICO raised $850 million in a cut-price that began on March 14. The filing reports that 94 investors play a parted to the funding round, placing the average individual investment at approximately $9 million. The past funding round, which occurred in January and also raised $850 million, charmed 81 investors for an average individual investment of $10.5 million.
Both arches of the Telegram ICO have been reported to the SEC under Rule 506(c) of Protections Act Regulation D, which allows unregistered securities issuers to raise an never-ending amount of money as long as they restrict contributions to accredited (i.e. filthy rich) investors, file a simple report with the SEC, and require investors to submit to a predefined vesting epoch before selling their stakes.
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MailChimp Debars Cryptocurrency Ads
MailChimp has joined social media giants Twitter, Facebook, and Google in embargoing cryptocurrency advertising, citing the need to prevent “scams, fraud, phishing, and potentially misinforming business practices” on its email distribution platform. The company made the ad on its website March 29. The announcement reads:
“We cannot allow dealings involved in any aspect of the sale, transaction, exchange, storage, marketing or manufacturing of cryptocurrencies, virtual currencies, and any digital assets related to an Initial Originate Offering, to use MailChimp to facilitate or support any of those activities.”
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Gazprombank to Test Cryptocurrency Transactions In Switzerland
Gazprombank, the third-largest bank in Russia, lay outs to conduct cryptocurrency transactions in Switzerland later this year as take a hand in of a pilot program through its Swiss subsidiary. Aleksandr Sobol, the representative chairman of Gazprombank, said the bank decided to try out crypto deals in effect to demand from several major private clients. Sobol confirmed:
“This will not be on a grand scale, but for ourselves. This is a demand from our in general private clients for such amenities. Therefore, we are now looking at how we can organize this ritual for them.”
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Why Are Gaming Companies Looking at Blockchain Technology?
As the pretending industry, and the technology around it, continues to expand in a vertiginous way, some circles are trying to build games around Blockchain to take advantage of the unexcelled properties of cryptocurrencies, tokens, and blockchain itself. Whether it is a trading carte de visite game, a petting game, MMO or RPG, the use of blockchain technology in the gaming industry is fitting more popular every day.
Most recently, games have minuted the market leveraging Blockchain unique properties, such as its decentralization and immutability, entertaining players to guarantee ownership of their in-game items or currencies, which can cause their items real-world value.
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