Coinbase raises $100m in Series D funding

According to CoinDesk data, Coinbase has raised $100 million in Series D funding in what is the largest single traditional funding round for a public blockchain or cryptocurrency startup.

Excited to announce we raised $100M series D funding led by IVP

Such an achievement is indeed a major milestone for Coinbase team’s mission “to create an open financial system for the world”.

The round was led by IVP, with participation from Spark Capital, Greylock Fucking partners, Battery Ventures, Section 32 and Draper Associates.

According to the report, Coinbase experienced unprecedented growth over the last year. Now the company is going to use this fresh funding to proceed scaling even further:

  1. Increase the size of our engineering and customer support teams to improve the customer practice.
  2. Open a GDAX office in Fresh York City, further investing in our capability to serve institutions and professional traders.
  3. Invest in Toshi, to help accelerate digital currency’s shift from speculative investment to global payment network.

We’re fortunate to be working with IVP, one of the premier later-stage venture capital and growth equity firms in the United States. Founded in 1980, IVP has invested in over 300 companies, 106 of which have gone public. Notable IVP investments include companies such as Dropbox, Netflix, Twitter, Slack, and Snap.

Co-Founder and CEO at Coinbase

Coinbase was founded in 2012 and has grown to become one the world’s leading digital currency companies. Today it is a portfolio of three products:

  1. Coinbase — the most popular retail exchange for digital currency
  2. GDAX — the most popular exchange for institutions and professional traders in the U.S.
  3. Toshi — a browser for the Ethereum network

Thus, Coinbase’s valuation is now around the $1.6 billion mark, and it has made clear that these fresh investments will be reinvested into the company to help carry cryptocurrency into the future.

According to experts, for the very first three years of the ICO Institute, from 2013 (when Mastercoin very first sold its tokens to the ICO) until 2016, about $150 million was raised. In 2016 ICOs collected more than $ 250 million (of which $ 150 million accounted for The DAO), and in the 6.Five months of 2017 within the ICO, $ 1.Two billion was raised!

Upcoming ICO

Today we have ready for you the very best and the most interesting ICO, that will commence suggest coins on the next week.

Don’t leave behind to read to the bottom and take part in our poll about upcoming ICOs.

1. CamOnRoad

Brainy Labs team has developed and issued a platform called CamOnRoad, which in the real time collects, stores and processes a lot of movies and telemetric data from automobile roads from all over the world. The basic parts of the system include: mobile application – dash camera, private cloud storage, artificial neural networks for processing movie, public cloud storage and movie search engine.

In order to install free mobile application CamOnRoad, the user needs to download it from the official store of respective platform (Apple App Store or Google Play Market). All basic functions of the app, such as: movie registration, warnings about speeding in the coverage area of automatic control cameras, excursion computer, online navigation, and POI layers based on augmented reality technologies are available to users right after installation, without registration, authorization or any payment.

Sales period. From Oct 15, 2017 to Nov 12, 2017

Website and whitepaper.

Two. Horizon State

Horizon State is an Australian company with a blockchain-based voting ecosystem suggesting secure, cost-effective campaign operations for a range of election types and voting parameters. The company intends to build three core products: a secure voting structure, a platform for electoral related information permitting voters to access campaign-related material and inform themselves about significant issues, and an analytics toolset providing insights into the efficacy of individual campaigns as well as voter behavior. The broader influence of this system, should the project prove successful, promises a number of benefits to voters, administrators, and fairly possibly, the democratic process itself in many countries around the world.

Sales period. From Oct 16, 2017 to Oct 30, 2017

Website and whitepaper.

Three. Zenome

Zenome is the world’s very first platform that creates an unified market of private genomic information and services. The uniqueness of this solutions is using adequate technologies for each type of information involved, since the specific nature of each type determines the way to store it. team is working in the field of genetics and molecular biology since 2009.

Sales period. From Oct 16, 2017 to Oct 30, 2017

Accepted currencies. ETH, BTC

Website and whitepaper.

Four. Pally

Pally is a decentralised social travel site that connects travelers with locals to love unique practices through the Pally iOS app and website. The presale, which intends to raise $250,000 will occur in August 2017 through the sale of Ten million Pallycoins at $0.025 The main sale, capped at $Three.75 million dollars (50 million PAL tokens) is scheduled for October 2017. Pally’s targeted beta launch in London has developed a community of more than 25,000 users.

Sales period. From Oct 15, 2017 to Nov 15, 2017

Website and whitepaper.

Five. Eggs Datacenter

Eggs Team wants to build distributed platform to supply, for example, amazing VR content to every cafe, fitness club or medicine center worldwide. It is not possible right now to make it from ordinary clouds cause they are far away from the users and have high prices on GPU. Team supposed, you should care because our project is from real economy and, anyway, it will influence a lot of cities and, most likely, your lovely places. It would be excellent if you would be among founders and derive the major benefits from our platform.

Sales period. From Oct 15, 2017 to Jan 15, 2018

Accepted currencies. BTC, ETH/ETC, EMC, Flaps

Website and whitepaper.

6. Wala

Wala is a financial platform with a mission to help people reach financial prosperity by eliminating the barriers to banking. Our aim is to close the gap that exists inbetween consumers and financial service providers by enlargening the accessibility of the financial system. Wala achieves this by making basic banking free and by making all financial services available through a customer’s phone.

Sales period. From Oct 15, 2017 to Oct 31, 2017

Website and whitepaper.

7. SpaceICO

Crowdsale platform with 90% profits sharing among token holders. The Innovative crowdfunding platform which takes into account the basic requests of both start-ups and investors. A win-win combination of ideas, team and the right moment.

Sales period. From Oct 15, 2017 to Nov 15, 2017

Website and whitepaper.

Learn more about the most interesting ICOs, that embarked on the last weeks:

What is Hype.Codes Rate? team works everyday to bring you best reader’s practice. We are attempting to add some fresh cool features every day. Hype.Codes Rate is average, abstract ranking of ICO, that we give to every upcoming ICO. It depends on such criteria:

  • Landing webpage design
  • Completeness of information, provided on the landing webpage
  • Convenience of information search on the landing webpage
  • The concept itself
  • Whitepaper
  • Reputation and accessibility of information about the project team, their practice
  • Project activity in social networks
  • And many other

We hope that you like the idea of Hype.Codes ICO ranking and maybe it will help to navigate thru the stormy sea of blockchain-based start-ups.

In which ICO would you invest?

Please, share your thoughts on what ICO of upcoming this week is the most interesting for you. In which will you invest your funds in order to receive the thickest income? Or maybe you had already invested in one or few crowdsale campaigns, that are represented below?

To come back to a specific ICO, click on its name after voting.

Related movie: LOGO DESIGN | How To Choose The Right Typeface

Leave a Reply

Your email address will not be published. Required fields are marked *