Cryptocurrency and ICO news 11.07.2018

World’s first ICCO

Palladium will launch the world’s first so-called initial convertible coin offering (ICCO) with two partners including Bittrex on Malta.

Palladium, which wants to build a regulated cryptocurrency exchange in Malta, will seek to distribute $150 million in tokens in the ICCO, scheduled to begin July 25.

The exchange will operate under full regulation of Malta’s increasingly crypto-friendly jurisdiction.

“We expect this project, which will create more than 100 job opportunities, to be a historic landmark and to bridge the gap between traditional financial services and cryptocurrencies,” founder and chairman Paolo Catalfamo commented.

An ICCO differs from an ICO in that investors will be able to convert tokens into company shares at a later date – in Palladium’s case, three years after the sale.

Article
Top rated ICOs – the fastest way to compare ICOs
18.07.2018
article
ICOcrunch methodology: rating and reviewing the projects
19.06.2018
Simple rules to keep your data secure
01.06.2018
ICOCrunch Announces Partnership with Indorse to Drive Transparency Among ICO Projects
21.05.2018
Establishing Order In Your Cryptocurrency Investments
26.04.2018