Archive for the ‘Crypto ICOs’ Category

etherscan-augur

It has been a bit over 1 year since Augur has finished with their crowdsale of Reputation Tokens (REP) for their decentralized prediction markets platform. Augur has already sent the Reputation Tokens (REP) to everyone that participated in the crowdsale sometime today, even though their platform is not yet live (still in beta). The prediction markets platform is expected to be ready and launched probably by the end of the year, though exact date is not yet set.

The total supply of Augur Reputation Tokens (REP) is 11,000,000 REP (eleven million). The total number of token holders at the time of distribution is apparently 2516 based on unique addresses. If you have participated in the Augur crowdsale you can check if you have received your tokens successfully already.

How to check if you received your REP tokens:
1. Open https://etherscan.io/token/REP
2. In the field “Filter By Address” enter your Ethereum Wallet Address
3. You need to use the ETH Wallet address that you set in the Augur crowdsale
4. There should be a transaction and you need to check if the Value (REP) is the right one
5. Do note that if you have not participated in the crowdsale last year no REP tokens will be shown

The Augur REP tokens however will be available for trading on exchanges even before the official launch of the platform and there are already announcements from exchanges that they will be supporting REP token trading. The first exchange to announce Augur REP token support is apparently Kraken. The exchange is introducing the following trading pairs for Augur Reputation Tokens (REP): REP/XBT, REP/ETH, REP/EUR, REP/USD, REP/CAD and REP/JPY, though we are probably also going to soon see more exchanges. If you have missed the crowdsale of REP tokens last year now could be your chance to get some by trading them on exchanges. The expectations from the Augur platform are pretty high already, and the amount of money that users invested in the project during the crowdsale phase was tremendous…

the-dao-is

If you are wondering what is the reason for the sudden drop of the exchange rates of Ethereum all around, well it seems that the DAO has been attacked an somebody apparently found a way to steal a lot of ETH coins. There is still not a lot of official information regarding the issue, but until the situation is resolved and everything is clear you should be very careful trading DAO tokens and Ethereum Ether coins. It seems that the smart contracts are as smart as their authors and wherever there are a lot of money stored with automated control they always attract people willing to find a way to steal them, especially if they are not secured well enough. This could as well be the end of DAO if the situation is not taken care of good enough, but it will undoubtedly also hurt Ethereum. Hopefully things will soon clear out and we would be able to continue with the usual things like mining etc.

For more details about the current situation and how you might be able to help…

the-dao-statistics

The DAO, a decentralized autonomous organization, is an interesting project in the form of an Ethereum smart contract that is essentially a form of investor-directed venture capital fund. The project was started with what can be described as the largest crowdfunding campaign to date where over twenty thousand people invested over 12 million Ether coins and now have the right to control the direction of the DAO. These are essentially the investors that now have the right to vote thanks to their DAO tokens for what projects the DAO will provide funds in the form of Ethereum. The total number of DAO Tokens is over 1 Billion and 172 Million and now that the initial crowdfunding period is over no more tokens will be issued, however if you missed your first chance to get into the DAO you can still do so by purchasing tokens from one of the crypto currency exchanges that offers the trading of DAO tokens. Even though the DAO crowdfunding campaign has collected over 160 Million USD equivalent in ETH coins and can be considered a very successful venture there is still a lot of controversy surrounding the whole concept and the idea, buy still worth keeping an eye on the development anyway. So should you decide to invest in the DAO by purchasing DAO Tokens you should do your more detailed research before jumping head to invest, but if you decide to buy tokens you can find a list of exchanges where you can do so below.

List of crypto Exchanges trading DAO Tokens:
Kraken (ETH, BTC, USD, EUR, GBP, JPY, CAD)
Shapeshift (BTC and many altcoins)
BTER (BTC, CNY)
Poloniex (BTC)
Bittrex (BTC)

These are pretty much the top exchanges where trades are happening, there could be some more that just recently listed DAO Tokens for trading or will list them soon and we are going to be keeping track on further development…


top