Most important events of this week related to startups and ICOs: news, expert reviews, new projects in our Calendar and, of course, the Rating!
This week ICO and startup community continued to experience tight regulation by the authorities, but it didn’t prevent the start of new projects.
Take a look at the most essential news of the current week:
The U.S Banned four ICO Companies
Colorado's financial regulator has halted the work of several ICO projects. The ministry’s press release mentions CrowdShare Mining, CyberSmart Coin Invest and Global Pay Net Cred LLC, also known as Credits. All of them promised investors high profit, which is considered one of the main signs of fraud, and posted false or distorted information on their sites. In general, Colorado authorities have already stopped 18 ICOs for violating securities laws. At least two more orders will be signed soon.
North Dakota Stops Russian Fraud ICO
The North Dakota Securities Department issued a decree on the immediate cessation
the activities of Russian ICO project, which presented itself as the Liechtenstein Union Bank AG. The Department found that the Union Bank Payment Coin (UBPC) token was copied from the Union Bank website, including style, graphics and text design, trying to promote its activities, although it didn’t have the permission.
Disney’s Blockchain Startup Wins Interchain™ Patent
Dragonchain won the U.S. patent for interchain for technology that visualizes the full power of united blockchain networks, according to the official blog. It was originally developed by Disney in 2014. Interchain is a tool by which various locking devices can communicate with each other.
ICO Expert Review: Cryptyk
An honest and strict review of Cryptyk project, which is both a decentralized platform for cybersecurity and a cloud storage that uses blockchain technology and self-propagating ecosystem.
Next Week ICOs
November 26 - InnovaMinex
November 28 - Cryptyk
November 29 - Elements Estates
November 30 - PlutusX
November 30 - iCumulate
Top of the Rating
iHodl.com has developed a unique rating system to judge ICO projects, which takes into account all aspects starting with the official website, up to the token platform itself. This time we matched the best past ICO projects according to our rating.
Top-5 Best Past ICOs
4.69 — Bitbon System
4.36 — Ubex
4.28 — Planport
4.26 — Tutellus
4.08 — PavoCoin
Main texts by iHodl.com that everyone should read to study the ICO sphere:
ICO meme of the week
And here’s something uplifting for you! Every week we will present an ICO meme, that depicts the main event from the ICO industry.