I welcome you all once again to this Wonderful CRYPTOCURRENCY NETWORK BLOG, as usual ! all of you know’s, I always carry you along with any information about good crypto related projects through my blog.
INTRODUCTION:
An initial coin offering (ICO) or initial currency offering is a type of crowdfunding using cryptocurrencies. In an ICO, a quantity of cryptocurrency is sold in the form of “tokens” (“coins”) to speculators or investors, in exchange for legal tender or other cryptocurrencies such as bitcoin or ethereum. The tokens sold are promoted as future functional units of currency if or when the ICO’s funding goal is met and the project launches.
An ICO can be a source of capital for startup companies. ICOs allow startups to avoid regulatory compliance and intermediaries such as venture capitalists, banks and stock exchanges. ICOs may fall outside existing regulations, depending on the nature of the project, or be banned altogether in some jurisdictions, such as China and South Korea.
ICOs have been prone to scams and securities law violations. Fewer than half of all ICOs survive four months after the offering, while almost half of ICOs sold in 2017 failed by February 2018. Despite their record of failure and the falling prices of cryptocurrencies, a record $7 billion was raised via ICO from January-June 2081
The first token sale (also known as an ICO) was held by Mastercoin in July 2013. Ethereum raised money with a token sale in 2014, raising 3,700 BTC in its first 12 hours, equal to approximately $2.3 million at the time. An ICO was held by Karmacoin in April 2014 for its Karmashares project.
ICOs and token sales became popular in 2017. There were at least 18 websites tracking ICOs before mid-year. In May, the ICO for a new web browser called Brave generated about $35 million in under 30 seconds. Messaging app developer Kik’s September 2017 ICO raised nearly $100 million. At the start of October 2017, ICO coin sales worth $2.3 billion had been conducted during the year, more than ten times as much as in all of 2016. As of November 2017, there were around 50 offerings a month, with the highest-grossing ICO as of January 2018, being Filecoin raising $257 million (and $200 million of that within the first hour of their token sale).
Kik had previously issued $50 million in tokens called “Kin” to institutional investors, and sought to raise an additional $125 million from the public. In connection with this ICO, an unidentified third party executed a phishing scam by circulating a fake URL for the offering through social media.
By the end of 2017, ICOs had raised almost 40 times as much capital as they had raised in 2016, although still amounting to less than two percent of the capital raised by IPOs. According to industry newsletter Cointelegraph, companies raised around $6 billion via ICOs in 2017; 37% of that amount was made by only 20 ICOs. Already by February, 2018, an estimated 46% of the 2017 ICOs had failed.
ICOs are sometimes called “token sales”. Amy Wan, a crowdfunding and syndication lawyer, described the coin in an ICO as “a symbol of ownership interest in an enterprise — a digital stock certificate” stating that they are likely subject to regulation as securities in the U.S. under the Howey test.
Ethereum is (as of February 2018) the leading blockchain platform for ICOs with more than 80% market share. Tokens are generally based on the Ethereum ERC-20 standard. According to Cointelegraph the Ethereum network ICOs have resulted in considerable phishing, Ponzi schemes, and other scams, accounting for about 10% of ICOs.
On January 30, 2018, Facebook banned advertisements for ICOs as well as for cryptocurrencies and binary options. By April 9, 2018, ICO advertising has been banned not only by Facebook, but by Twitter, Google, and MailChimp.
In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called:NOIZ
What is NOIZ?
NOIZ Chain, a decentralized advertisement arrange that goes for giving control of publicizing back to the network, while wiping out 8, driving commitment and including social effect associations has arrived.
NOIZ Chain is a decentralized promotion arrange that goes for giving control of publicizing back to the network, while dispensing with extortion, driving commitment and including social effect associations.
TOKEN AND ICO DETAILS
Ticker Symbol: NOIZ
Platform: Ethereum
Accepts: ETH
Soft Cap: 15,000 ETH
Hard Cap: 60,000 ETH
Price: 1 NOIZ = 0.25 USD
Country: Hong Kong
KYC: Face
Restrictions: USA, China
Sale Avalable Tokens: 180,000,000 NOIZ
Main Token Sale: June 15th 2018 – August 15th 2018
You can invest by following this link – https://icoslot.com/en/ico/noiz/sign/
TEAM
ANDY ANN
Chief Executive Officer
Andy has 17+ years’ experience in digital media. In addition to being a serial entrepreneur and angel investor, he is the Founder and CEO of NDN Group, a digital conglomerate heavily invested in Mobile Advertising Networks, Social Networking, Big Data, Artificial Intelligence and Advertising Technology. Andy has also been actively involved in multiple local and Silicon Valley incubators including Google EYE, 500 Startups, Founders Institution, Entrepreneurs’ Organization and KPMG.
RICKY GOSWAMI
Chief Technology Officer
Ricky has 18+ years’ experience in digital technology. He is a Co-founder and the CEO of Parini, an AI chatbot company servicing a multitude of industries from realestate to banking. Ricky is also a Co-founder of Smarter Codes, a company developing AI for chatbots, text and linguistic software, and web crawling services. Coming from a robotics background, where he created autonomous vehicles and home automation technology, Ricky has a very strong technical mindset that allows him to continuously develop within the vast, ever-changing tech industry.
KELVIN CHEUNG
Chief Research and Development Officer
Kelvin has 20+ years’ experience in system design and software development. He has previously worked with AxePay, FCB Canada and the Canadian Space Agency. Kelvin was also an early adopter of Bitcoin; since then, he has founded a number of cryptocurrency related businesses, most recently launching a cryptocurrency mining box that uses solar energy. Kelvin is currently advising several blockchain based startups.
KEITH CHOW
Chief Operations Officer
Keith has 14+ years’ experience in media. He is the Co-founder and COO of Hotmob, the largest hybrid mobile marketplace in the APAC region, and Creator of Alcanzar, a scalable DSP that processes over billions of ad requests with proprietary prediction engines.Keith is also a highly analytical and creative thinker, pioneering over 30 creative ad formats that drive high consumer engagement. Keith is currently sharpening his skills in the big data industry, helping marketers unleash the power of optimized audience targeting.
DR. ARTEM SMIRNOV, PHD
Lead Blockchain Developer
Artem has 18 year’s of programming experience in various fields, including Hyperledger Fabric, Ethereum Solidity, NodeJS and C#. He has been working on blockchain related projects and ICOs since 2017 and he is currently building a secure e-voting platform on a blockchain. Artem also holds a PhD in Physics.
TUSHAR GOSWAMI
Lead AI Developer
Tushar has 18+ years’ of programming experience in Big Data, Graph Theory, Metaphysics and Web crawlers. He is an expert in Artificial Neural Networks and Generative Programming. Tushar has hypothesized 5th generation programming theories and developed Market Analysis software using Natural Language Processing that was used by 36,000 clients. Tushar is also the CTO of SmarterCodes.
DAVID KANG
Chief Strategy Officer
David has 15+ years’ experience in data analytics and market forecasting. He is a Partner of NDN Group, managing the New York and South Korea operations. David is also General Partner of hedge fund XNInsight and Founder of Laws.com. While participating in a Data Processing program at Stanford University, David fortified his quantitative analytics and market interpretation skills, which expanded his expertise in predictive analytics and provided him with actionable outlooks in both marketing and finance.
For more information, please visit:
WEBSITE: https://noizchain.com/
WHITE PAPER: https://noizchain.com/whitepaper
TELEGRAM: https://t.me/noizchainenglish
MEDIUM: https://medium.com/@NOIZchain
FACEBOOK: https://www.facebook.com/NOIZchain/
TWITTER: https://twitter.com/NOIZchain
LINKEDIN: https://www.linkedin.com/company/noizchain/
REDDIT: https://www.reddit.com/user/NOIZchain/
YOUTUBE: https://www.youtube.com/channel/UC8SOjT2H9jCddqs3F9-VQ4g
Bitcointalk username:Samuel321
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1925101
DISCLAIMER:This post was brought to you by Opeyemi being my personal project on Noiz campaign project
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