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Blockchain Newsletter: Rothschild Inv. Corp Invests in BTC [2017W30]

Altcademy Team wrote on 7 February 2018

This Week's Update on Bitcoin and Blockchain [2017W30]
Issue: Week 30 of 2017

  • Price per Bitcoin BTC is at ~$2749 USD (+38% from last Monday)
  • Price per Ether ETH is at ~$226 USD (+38% from last Monday)


This week’s new initial coin offerings (ICOs)

  • ​investFeed is a social investment network for US equities that has been in operation since 2014.
  • Its social network app is available on iOS and Android.
  • investFeed is planning to expand into cryptocurrencies and is raising capital through an ICO to do so.
  • The new platform will include a full fledged social network, live streaming feeds and channels of projects and cryptocurrencies, cryptocurrency market data, wallet and exchange integration for trade execution.
  • The utility FEED token (IFT) will be used for purchasing premium content from providers, unlocking ad-free experience on the platform, promoting contents as a sponsored ad.
  • The ICO begins on 23 July and has a min and max cap of 1,500 and 28,000 Ethers respectively.
  • The exchange rate is set at 10,000 FEED per ETH with bonuses for early backers.

  • ​Tierion’s product Tierion Network is a data verification service that links data to transactions on a blockchain.
  • A transaction stores the digest and timestamp of the data and can proof the integrity of the data.
  • Tierion Network was launched in 2015 and large companies such as Microsoft and Philips have been using it.
  • Microsoft will be joining Tierion in running a core part of the network infrastructure.
  • Public users can also join the network and earn Tierion’s Token (TNT) by operating a node.
  • Users will need to pay TNT to use services on the network.
  • Tierion is raising $25 Million USD in an ICO.
  • 1 Billion TNT will be created and 35% will be sold in the ICO.
  • That translates to an exchange rate of about $0.07 USD per TNT.

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