ICO Alert Crypto Minute: August 10, 2018
Binance Demos DEX, Everipedia MainNet Launches, Overstock.com & tZero Raise $134 Million + $400 Million
Everipedia, EOS-Based Competitor to Wikipedia, Launches MainNet
Hoping to fix the issues Wikipedia experiences and become a more diverse, uncensorable online encyclopedia, Everipedia has been one of the most anticipated of the EOS dapps. Wikipedia co-founder Larry Sanger is on the founding team of Everipedia.
Although articles could be imported and created previously, with the launch of the Everipedia MainNet users can now create Everipedia articles and vote on articles, spending and earning IQ tokens in the process.
Binance Posts “Sneak Preview” of Decentralized Exchange
Overstock.com’s tZero Completes Token Sale at $134 Million, but Bigger Investment Is Coming
Though they had originally targeted $250 million, Coindesk reports that security token exchange tZero has completed its sale with a raise of $134 million. But the Hong Kong-based group GSR Capital has agreed to a $400-million deal purchasing $270 million of tZero equity at a $1.5 billion valuation, some Overstock.com equity, and tZero Security Tokens worth $30 million.
“When GSR completes its planned investments, we should have over half-a-billion dollars. We believe this will provide ample capitalization with which to build a company that can upend global capital markets.”