BitRent says that they aim to take the real estate market to a new cryptoeconomic level. The company plans to increase cryptocurrency capitalization up to $10 trillion on account of cryptoinvestor capital.
Rates of the main cryptocurrencies within the last 24 hours have moved to the red zone.
Russian President Vladimir Putin has decided to issue a national cryptocurrency CryptoRuble. It will be centralized and governmentally controlled.
REGA Risk Sharing - insurtech start-up from Russia announces the completion of the presale stage of its ICO campaign and launches REGA Risk Sharing crowdsale campaign.
On ways to attract investors, marketing of the ICO and future plans: CoinFox talked to the CEO of Sand Coin - Ruslan Pichugin.
The Chinese working group on digital money held its first meeting on 12 October. One of the attendees spoke about the advantages of legalised cryptocurrency backed by Chinese fiat.
Pulsar VC announces a new blockchain and cryptocurrency fund.
Today Pulsar Venture Capital, a business accelerator and an early stage venture fund, has announced the launch of an initial coin offering (ICO) for a new VC fund that can accept funds from pre-qualified crypto-purchasers (per country regulations, under Reg D Rule 506(c) in the U.S.)
The ICO will take place from October 30, 2017 until November 30, 2017. The ICO organizers hope to raise $30 million to invest in 30+ new early-stage startups in Europe and the US. The fund will be focused on blockchain/cryptocurrency, IT, IoT, and advanced materials. ICO participants will share in the upside from the 29 existing portfolio companies of Pulsar VC.
In the ICO campaign, Pulsar tokens will be issued on the Ethereum blockchain platform. Pulsar VC team includes experts and investors from the USA, Russia, European and Asian countries, among whom are: Marvin Liao (Partner at 500 Startups), Bill Reichert (Managing Director at Garage Technology), Jeffrey Paine (Managing Partner, Golden Gate Ventures) and others. A full list of all members of a team and experts involved is accessible on the site ICO site www.pulsarico.com.
“Crypto-investors can join by investing in the existing portfolio companies and become a part of the new fund. Our strategy has already demonstrated great results, having produced an average return of 40% annually. Our own award-winning international acceleration program allows us to increase companies’ capitalization and to scale up startups from Eastern Europe into international markets with confidence. In Europe, the USA, and Asia, we have a an established proprietary deal flow from our partners that rank among some of the leading accelerators, incubators, venture funds, and angel investors. The new fund’s focus will shift towards blockchain and cryptocurrency, while the strategy will involve scaling local startups internationally, into Europe, the USA, and Asia. The ICO is a new opportunity that will allow us to make investments in startups accessible and liquid”, Pavel Korolev, Pulsar Venture Capital CEO and Managing Partner, said.
The fund is set to carry out this strategy under the guidance of an experienced international team of managing partners in the USA, Russia, Ireland, the UAE, where the fund has significant presence and is successfully integrated into the local market and innovation ecosystem.
Pulsar VC will buy back the tokens at a market price every time an “exit” of one of the portfolio companies takes place or Pulsar VC receives any dividends or distributions from the portfolio companies. Pulsar VC will apply such proceeds (less success fee) to buying back Pulsar tokens through the TIDEX exchange.
Pulsar Venture Capital is an early stage venture fund and a business accelerator ensuring proper conditions for implementation of innovation projects, developing high technology companies. Pulsar VC is a leader among the top-performing Russian business accelerators in the UBI Global 2016-2017 ranking. Over the last few years, Pulsar Venture Capital has organized annual acceleration programs to help startups enter international markets, as well as to select companies to be invested in with its Fund. The fund and accelerator’s investment strategy includes investing in early stage companies having the potential to enter the global market.
The Pulsar Venture Capital’s main office is located in Kazan. Its representative offices are located in Silicon Valley, Dublin and Dubai. Website: http://www.pulsar.vc/
First Deputy Prime Minister of Russia Igor Shuvalov has given his forecast of the bitcoin exchange rate.
The first and largest by capitalization cryptocurrency in the world came close to the price of $5,000 on the eve of the coming hard fork.
Russian President Vladimir Putin has held a meeting with representatives of state authorities and businessmen on the use of cryptocurrencies.
The project of a blockchain platform for affiliate programs was presented during the conference about online marketing in Moscow
Russian developers have designed a decentralized platform for affiliate marketing.
The Duma, the Russian legislative body, may impose restrictions on individuals and limit cryptocurrency purchase amounts.
Another prominent traditional financier opposes bitcoin and the cryptocurrency world. Ajay Banga, CEO of MasterCard, has made a stand against non-regulated and non-emitted governmentally cryptocurrencies.
Russia may block access to websites of cryptocurrency exchanges and other platforms that allow exchanging fiat to cryptocurrencies.
Loanbit, the blockchain platform for P2P lending, makes it possible to simplify the receipt and the delivery of loans in a substantial way as well as to increase the credit coverage of the world population.
The service would make it possible to obtain a loan online with the help of a comfortable interface, available both in desktop and mobile versions.