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Blockchain Newsletter: Bitcoin Surpasses $4,000, Reaches Another Milestone [2017W33]

Altcademy Team wrote on 7 February 2018

This Week's Update on Bitcoin and Blockchain [2017W33]
Issue: Week 33 of 2017

Markets

  • Price per Bitcoin BTC is at ~$4187 USD (+53% from last Monday)
  • Price per Ether ETH is at ~$300 USD (+33% from last Monday)

Articles

This week’s new initial coin offerings (ICOs)

  • Hubii.com is an existing location-based news aggregator website that has 50 Million daily users.
  • Hubii is building an Ethereum based content marketplace that enables content creators to store, distribute and licence their work.
  • The marketplace will support text, still images, audio and video.
  • Content creators can publish their songs, books, images, Podcast, articles and videos on Hubii with a smart contract that enforces payment of ‘Y’ Hubiits when the content is played, read, used ‘X’ number of times with ‘Z’ percent paid to distributors as distribution fee.
  • Hubii is creating a new coin Hubiit to raise captial in an ICO.
  • They are aiming to raise $40 Million USD with a minimum target of $5 Million USD.
  • 70% of the Hubiits minted to be sold in the ICO.
  • The ICO is planned to begin on August 18, 2017.
  • BitDice is an existing online Bitcoin casino with 2,300 Bitcoin profit made to date.
  • BitDice is raising capital in an ICO to fund their expansion plan.
  • 40% of the funds will be stored as BitDice’s house bankroll to pay out winning bets.
  • 25% will be used to fund platform developments and business expansion.
  • 10% will be used in marketing and the remainder 25% will be kept as reserve.
  • The CSNO token will be a reward token where 70% of future profits of BitDice will be distributed amongst CSNO holders quarterly.
  • A total of 100 Million CSNO tokens will be created and 70% will be offered in the ICO.
  • The ICO is uncapped therefore the final exchange price will be determined after the ICO ends.
  • The ICO is scheduled to begin on August 14.


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