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Hollywood Hitmaker Plans to Fund Next Blockbuster With Crypto [2017W48]

Altcademy Team wrote on 7 February 2018

This Week's Update on Bitcoin and Blockchain [2017W48]
Issue: Week 48 of 2017

Markets

  • Bitcoin BTC is at ~$9650 USD (+17.39% from last Monday)
  • Ether ETH is at ~$471 USD (+29.04% from last Monday)
  • Bitcoin Cash BCH is at ~$1715 USD (+39.77% from last Monday)

Articles

This week’s new initial coin offerings (ICOs)

  • PROPS is a decentralized ecosystem of video applications.
  • Reward the contributors, users, developers and viewers in PROPS (tokens) for spreading the network.
  • Users hold PROPS to promote and host content, access exclusive features, and signal status across media apps.
  • Introducing Rize, the first PROPS-powered app.
  • Rize is a many-to-many social video app. It leverages PROPS video infrastructure, and enables users chat with friends in real time, engage with content creators and watch linear content together.
  • Hard Cap: $25m.
  • Built on the Ethereum network.
  • Rize to launch with 1 billion PROPS token.
  • 30% of Tokens to be held by company and advisors.
  • 70% of Tokens to be distributed to public which includes Contributors, Developers, Viewers and Buyers/Investors.
  • 2018 1’st Quarter is when the network will be launched & token distribution will commence.

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