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Blockchain Newsletter: Bitcoin Is Having a Civil War Right as It Enters a Critical Month [2017W29]

Altcademy Team wrote on 7 February 2018

This Week's Update on Bitcoin and Blockchain [2017W29]
Issue: Week 29 of 2017

Markets
  • Price per Bitcoin BTC is at ~$1985 USD (-21% from last Monday)
  • Price per Ether ETH is at ~$163.4 USD (-33% from last Monday)

Articles

This week’s new initial coin offerings (ICOs)

  • ​Harbour is an Ethereum-based DAO, Decentralized Autonomous Organization, for managing and holding token assets.
  • All decisions are taken by the users and any generated Ethereum is distributed back to the token holders in a quarterly basis. Harbour is minting its own token HRB.
  • Each HRB gives the holder one vote in the DAO.
  • Token holders vote on what tokens the DAO should acquire, or sell.
  • Token holders also have the power to create and vote on proposals that change the way Harbour itself works.
  • On a quarterly basis, 75% of the surplus ETH will be distributed to token holders, and 25% will go back into the DAO's holdings.
  • Harbour is raising 10k ETH through an ICO.
  • The ICO will start on August 1, and end on August 31, or until the cap of 10k ETH is reached.
  • The exchange rate of the ICO is 15 HRB per ETH.
  • A maximum of 150k HRB will be created during the crowd-sale. If the cap isn’t reached, all funds will be returned.
  • Another 500k HRB will be created at a later date to raise more funds.

  • Aventus is an event management and ticketing platform built on the Ethereum network. Similar to Blocktix.
  • It aims to disrupt the event ticketing industry through lower fees and unforgeable tickets.
  • Aventus tickets have unique IDs and can be attached to personal identities. This prevents counterfeit ticket sales and forces users to buy secondary market tickets on authorized marketplaces only.
  • Event creators can even earn a fee from ticket resales.
  • Aventus is minting the AventCoin (AVT) which is both a utility coin and reward coin.
  • AVT is required as a fee for event creation and it can be used as a currency for ticket purchasing. Ticket resale fees also need to be paid in AVT.
  • A total of 10 Million AVT will be created. 60% of which will be sold in the crowdsale.
  • The crowdsale begins on 19th July and will last for 5 days.
  • The exchange rate is set at 92 AVT per ETH.
  • The funding caps are $6 Million USD minimum and $15 Million maximum.


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