Published On: Sun, Aug 6th, 2017

Filecoin Regrets Shutting Out Supporters to Meet SEC Regulations

Share This
Tags

On August 7, decentralized storage network Filecoin is launching its token sale through the SEC-compliant CoinList platform. The much-anticipated project has already garnered close to $52 million in investments from Silicon Valley big wigs ahead of the ICO on Monday.
The Filecoin Project

Filecoin is a project that was started by Protocol Labs in 2014, its goal is to provide an efficient data storage solution based on a decentralized network protocol called IPFS. The IPFS protocol is also developed by US based Protocol Labs and it aims to replace HTTP with a P2P hypermedia protocol. With Filecoin, users can install a software which stores data on their hard drives and in exchange receive filecoins that can be traded for Bitcoin, ethereum, USD and more.
Filecoin Tokensale

Unlike other blockchain projects, Filecoin decided to take a different path with its ICO. The Filecoin token sale will be hosted on the CoinList platform, which was developed by Protocol Labs and the prominent startup platform AngelList. The token sale will fully compile with SEC funding regulations and also be available for U.S. citizens. However, unlike other token sales, CoinList will only permit verified investment firms, banks, and high net worth individuals to …

Read more –> click here all content is copyright Bitcoinist.

Need Bitcoin marketing and PR? Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin or cryptocurrency press release CLICK HERE..

Powered by ABITCO.IN

Displaying 1 Comments
Have Your Say
  1. ABITCO.IN ABITCO.IN says:

    Filecoin Raises $52m Ahead of Its Upcoming ICO, Regrets Shutting Out Supporters to Meet … -… https://t.co/15R5Tslexd

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

ALL Bitcoin News

Like what you’re reading?

Never miss any breaking Bitcoin news by following us on Facebook and Twitter!


SUBSCRIBE OUR RSS FEED AT: http://abitco.in/feed

×