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EOS Token Distribution Generates Over US$185 Million in Five Days

Blockchain software developer block.one, the developer of EOS.IO software - a new blockchain operating system designed to support commercial-scale decentralized applications - has successfully received 651,902 ether (approximately US$185 million) in the first five days of its 341-day long token distribution. In exchange, 200 million EOS ERC-20 compatible tokens have been distributed to purchasers – 20% of the one billion EOS Tokens being distributed. The distribution of EOS Tokens began on June 26th 2017. The distribution uses a token participation model intended to be the fairest token distribution project on...
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Blockchain to Prevent Ticket Touts in Event Industry

London-based start-up Aventus has announced that it has developed a blockchain-based solution to prevent unregulated touting and counterfeit tickets. The company is attracting the attention of investors as it prepares to launch a token sale of its AventCoin (AVT), "the Bitcoin of the ticketing industry," which will be distributed to the public in a week-long token sale set to start on the 19th July, 2017, and end on the 24th July, 2017. Ticket touts bulk-purchase tickets on primary markets and resell them at inflated prices on secondary markets. An average...
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