597 ICO in the third quarter, 57% collected less than $ 100k and only 4% was quoted on the stock exchange

  • The quarterly ICOR report for the third quarter of 2018 was released

ICORating, a popular first coin offering the data aggregation site, has released its quarterly report on brands for the third quarter of 2018.

The report traditionally analyzes trends and the latest developments in ICO markets and there are some interesting data to show this time, highlighting a stagnation in the ICO sector compared to previous periods.

According to the report, 597 ICO projects were organized in the third quarter (compared to 827 ICOs set up in the second quarter); of these, 43% were able to raise more than $ 100,000 and only 4% could be quoted on the stock exchange. The projects were split into two groups for an amount of $ 1-5 million (13%) and $ 10-25 million (9%).

ICOs have been launched in various industries, including energy and public services, financial services, legal services and trade. Financial services, blockchain infrastructure and banking and payments were the sectors in which the largest amounts of funding were collected.

The London Football Exchange, Cryptosolartech and Alchemy were the projects that attracted the largest amount of funds. The average loan attracted by the first 3 ICOs was $ 33 million. These numbers are much lower than those obtained by EOS or Telegram with the respective ICOs of this year.

Most of the projects were based in Europe (43%), which also became the leader in terms of fundraising (48% or $ 663 million). Asia showed a 65% reduction in funds raised and a 10% decline in the number of projects launched.

Service tokens (49.05%) and utility tokens (25.3%) dominated the offer, but the number of projects that offer utility tokens decreased by 10% compared to the second quarter. The full report can be found here.

Coinbase has recently presented an updated look for its cryptocurrency portfolio.

The new features were introduced after analyzing community feedback and seeing what people want the most.

"With this version, you can now display the value of your coin wallet in your local currency.You can also check the fiat values ​​for individual tokens when available.And now, all ERC20 tokens you have are automatically displayed – no longer manually adding tokens personalized, " supports the announcement.

The portfolio now also has a collectible gallery, which allows its users to show them outside their wallets.

Further improvements have been made under the bonnet, bringing greater stability, safety and a better estimate of gas prices.

The latest updates were available on iOS immediately after the announcement, while Android users had to wait a couple of days before seeing them on their version of the app.

  • The Bitcoin.com mining pool directs its hash rate to Bitcoin Cash ABC

Today the news has emerged that the mining pool of Bitcoin.com will deviate all its efforts towards the BCH ABC.

The pool is owned and funded in part by Roger Ver, the famous promoter of BCH and a well known advocate of the fork adversary of Bitcoin Cash SV.

Bitcoin.com offers a regular hash rate of over 400 petahashes for Bitcoin Core and the exchange of the entire pool effort on BCH ABC should be a major incentive for the currency.

The data from Coin.dance suggests that Bitcoin.com is responsible for around 5% of the blocks extracted on the BCH blockchain, confirming that they have a history with the project. Their latest move suggests that Bitcoin.com sees BCH ABC as the legitimate successor to Bitcoin Cash.

Pool members are given an option to stay and move the ABC or move on to something else.

So far, about 65% of the total BCH pool has made its choice regarding whether they want to extract the SV or the ABC fork.

  • Christie & # 39; s sells 318 million dollars in art via Artory blockchain

The sale of Barney A. Ebsworth Collection was recently organized at the famous Christie & # 39; auction house in New York, managing to raise a total of $ 317,801,250

This event immediately entered the record book as the most precious art auction to be recorded on a blockchain.

The auction was held in partnership with Artory, a register focused on blockchain, focused on art and collection, which recorded and recorded every detail of the event.

During the event several sales records of American artwork were broken, while Edward Hopper's Chop Suey won the evening by collecting $ 91,875,000 for the seller, the famous art collector Barney A. Ebsworth.

Other works of art made by names like Jackson Pollock, William de Kooning, Charles Demuth and Georgia O & Keeffee were auctioned, with a total of 42 pieces sold in the night.

Art has played a significant role in the process, as its registry (an authorized private blockchain) has recorded all significant information from the sale. The register contains data related to previous sales, final prices, auction dates, titles of articles, restorations and thefts. The only non-memorized information was the identity of the owners, which ensures that the privacy of art collectors and investors is strictly adhered to.

All this ensures that buyers have a secure and unchangeable record of the chronology of works of art that can be accessed and reviewed at any time.

  • Tron Accelerator program detected

The popular pretender to the throne of Ethereum as the most valuable platform of intelligent contracts Tron has launched a program called TRON Accelerator.

The program will evaluate $ 1 million and try to "promote innovation within the blockchain industry".

Developer teams are invited to present their decentralized application project, build the TRON protocol and compete for what the project calls "one of the most ambitious Blockchain hackathon ever hosted".

The competition will officially start on December 1stst2018 but the registrations are already open. The final award ceremony will be held on January 18thth, 2019 in San Francisco.

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The writers and authors of CapitanAltcoin may or may not have a personal interest in any of the projects and activities mentioned. None of the contents on CaptainAltcoin is an investment advice, nor does it replace the advice of a certified financial planner.
The opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

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