Tag Archives: Gold

The ICO gold rush — the future of fundraising for blockchain companies or just another cryptocurrency scam?

ICO meaning?
An ICO (Initial Coin Offering) is a boon for every startup aiming to raise funds. It is similar to an IPO (Initial Public Offering) or crowdfunding in which new projects sell their underlying crypto tokens in exchange for cryptocurrencies. Most ICOs operate on blockchain technology. Continue reading The ICO gold rush — the future of fundraising for blockchain companies or just another cryptocurrency scam?

Interview with Bruce Bates: TACToken, The Decentralization of Advertising

Q1: What is the rationale of having 10 different TAC tokens rather than one single TAC coin?

This is something we thought about for a long time, whether to have one single TAC coin or a series of tokens, or both. Having 10 different tokens doesn’t make a lot of sense to most people however it was the only way we could achieve our entire end goal of creating an industry base currency. Although we are currently only launching the 10 tokens and our MVP, our long term goals involve the creation of an entire blockchain and the TAC coin will be the underlying currency of that blockchain.  Continue reading Interview with Bruce Bates: TACToken, The Decentralization of Advertising

Billionaire Mark Cuban Hates Bitcoin and Gold Equally

Tech billionaire Mark Cuban, owner of the Dallas Mavericks, hates both gold and bitcoin, saying they’re not viable alternatives to currency. “I hate gold. Gold is a religion,” Cuban told Kitco (video below). “I do not see gold as an alternative to currency. Not at all. Let’s put it this way: I don’t see people in Puerto Rico carrying around big bags of gold to try to save things.” Continue reading Billionaire Mark Cuban Hates Bitcoin and Gold Equally

Tradewind Launches Blockchain Platform

Tradewind, a spinoff from stock trading firm IEX, has launched a blockchain-powered gold trading platform. The firm, whose principals were the subject of the best-selling book “Flash Boys,” kicked off its VaultChain platform last week. As previously reported, the company is working with major companies like the Royal Canadian Mint and gold giant Sprott Inc. The effort is the latest to bridge the technological underpinnings of cryptocurrencies in a gold-trading environment. Continue reading Tradewind Launches Blockchain Platform