The tokens, after all, are designed to be used for 18moons programming, and not as investments, he said.
Though 18moons would appreciate having crypto-speculators help build the project, the tokens have to be used for their intended purpose: buying and selling children’s programming. The GamLab pilot – a large-scale pilot currently being run in two schools in Salerno, Italy – is now being… Read more GamLab Launches in Romania! Tokens they receive in payment for their programming can be redeemed on the exchanges that trade Planet Kids coins, at prevailing prices. TBA PRE-SALE: Team: 15 persons ICO Min/max personal cap: 0.00 / 0.00
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Are Angelina Ballerina and Barney & Friends about to get run over by the bitcoin bulls?
So-called initial coin offerings have largely relied on the enthusiasm of speculators looking for the next moonshot investment after the staggering run-up in bitcoin prices over the last several months. Perhaps it’s for the best, Mace added. And the currencies they cover are not backed by anything other than a company’s word. Thanks for the support Decentralized infrastructure of protocol-based economy.
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“When you invest in these things, you need to be careful, because it’s very speculative, and it’s kind of like gambling,” Catalini said.
In many cases, the funded projects had not been launched yet. You’ll be kept up-to-date with our progress regarding ICO’s But like many companies raising money through ICOs, 18moons is engaged in a dance between utility and speculation. Some countries, including China, have banned ICOs altogether.
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And because cryptocurrencies are mostly unregulated, speculators and buyers alike can find themselves at the mercy of unproven entrepreneurs and scam artists.
Missed rounds, incorrect statuses, unworkable links or any other bugs found. Regardless, buying into any early stage project involves some element of speculation, said Christian Catalini, an MIT professor who studies the economics of cryptocurrencies. This offer is based on information provided solely by the offeror and other publicly available information. Get Talking Points in your inbox: An afternoon recap of the day’s most important business news, delivered weekdays.
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18moons will issue electronic tokens called Planet Kids Coins that will work like credits or vouchers with its viewers and vendors.
The company plans to issue 100 million tokens, but keep 25 million in reserve, releasing them to either reward regular customers of its programmer platform, or to stabilize the price. “Even though we need them, it’s not going to happen,” said company president Eduardo Mace. Duane Mayo, chief financial officer for 18moons, said his company already has a big built-in audience for its products, with 1.5 million monthly active users, largely in Latin America. [email protected] © 2018 Ingello Please read the disclaimer and risk warning.
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The company, 18moons, plans to raise as much as $10 million in February amid the mania surrounding cryptocurrencies like bitcoin.
Tokens give companies the unique ability to accelerate network effects or provide platform incentivization, benefitting both the network participants and the startup. We will contact you asap. Your request has been sent. Buccino, Salerno – ITALY, May 19th, 2018 During the “National Festival of Museums” event, the National Archaeological Museum “M. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion).