ICO funding trends CW 26 / 2018

This post covers ICO fundings for CW 26 / 2018 (i.e. from 25.06.2018 to 30.06.2018)

Table of Contents

Overview

The week from 25.06.2018 to 30.06.2018 saw a total of 22 finished ICOs with a total investment volume of $226.438.792, across ten industries.

Industry Deals Investment volume
Automobiles & Components 1 $22.000.000,00
Cryptocurrencies & Blockchain 4 $203.400.000,00
E-Commerce 1 $501,00
Finance 7 $0,00
Gaming 3 $1.038.291,00
Identity 2 $0,00
InsurTech 1 $0,00
Internet 1 $0,00
Media 1 $0,00
Real Estate 1 $0,00
Total 22 $226.438.792,00

The $226.438.792 were split across only five ICOs (Squeezer, Real Casino, WardZ, DAV Network, and EOS).

ICO Deals per investment range_CW 26_2018
ICO Deals per investment range (CW 26/2018)

ICO Deals per investment range (CW 26/2018)

Investment bracket Deals (absolute)
0 17
< 500.000 1
> 50.000.000 1
1.000.001 – 10.000.000 2
10.000.001 – 50.000.000 1
Total 22

Top 5 Industries

From these five, most notably is EOS ICO with $200 Mio, and DAV Network with $22 Mio investment.

The top five industries (measured by deal amount) were:

  1. Finance
  2. Cryptocurrencies & Blockchain
  3. Gaming
  4. Identity
  5. Automotive
ICO Deals per Industry (CW 26 / 2018)
ICO Deals per Industry (CW 26 / 2018)

Finance

Finance saw seven projects this week which were spread across very general Finance platforms, lending, and trading.

The two we want to highlight are Invox, a factoring company, and Equi Fund. Both are highlighted because they enable the trade of real assets on the blockchain, i.e. so-called tokenization.

Background on tokenization

As defined in Traditional security issuance vs. blockchain-based tokenization tokenization refers to

the issuance of asset-backed tokens (also referred to as Proof-of-Asset or PoA tokens) using blockchains. These PoA tokens are digital representations of real-world assets, are thus backed by them and derive their value from them. Asset-backed tokens can, of course, be traded digitally.

Tokenization as one of the Cryptoeconomic Primitives and blockchain building blocks and the counterpart to traditional security issuance, is extremely important as the traditional security issuance process, is an essential but complicated part of the financial system. The major reason for this complexity lies in the amount of involved (centralized) stakeholders.

Issues and problems in the issuance and trading of (crypto) securities (1/2)
Issues and problems in the issuance and trading of (crypto) securities (1/2)
Issues and problems in the issuance and trading of (crypto) securities (2/2)
Issues and problems in the issuance and trading of (crypto) securities (2/2)

The repot Traditional security issuance vs. blockchain-based tokenization describes these issues in detail and explains how tokenization can solve them. Read it here.

There are already 60 blockchain startups working on tokenization and also big corporate banks such as Commerzbank are working on blockchain-based security issuance. And Equi Fund and Invox are two more.

Equifund: tokenized Venture Capital and Real Estate

As a disclaimer, Equi Fund is not providing much information on what they actually do, but from what is available, it seems that they enable investments into traditional assets such as Venture Capital and Real Estate through tokenized assets.
Blockchain Capital also offers tokenized venture capital and for blockchain-based investment in Real Estate there is Brickblock, Bitproperty, or Realisto.

Read more about tokenized Real Estate and other tokenized assets here.

Invox: Factoring company

As mentioned above, Invox, is a factoring company for the selling of tokenized invoices.
A seller who has issued a yet unpaid invoice to a buyer can sell her invoice to an investor using Invox. This investor pays the invoice, the seller immediately receives here money, and the buyer now must repay the investor instead of the seller. In addition to tokenization, Invox is interesting because their systems requires off-chain governance. Before an invoice can be traded through Invox, it must verified that the invoice is legitimate (e.g. that the buyer has received the goods). Invox does not clarify how they are achieving this, but it is an interesting problem nonetheless. A similar company is Populous.

All companies from Finance

INGOT Coin The first of its kind; an all-inclusive ecosystem that will be the pioneer in linking the crypto universe to the current traditional financial industry. (Source: Website) 30.06.2018 FinTech
Creatanium FINTECH SERVICESPLMP Fintech aims to be at the heart of a complete ecosystem by bringing Blockchain technologies empowering SMEs and Investors with the following services :<br />
<br />
Full End -To -End ICO Advisory Services<br />
Decentralised Crypto-Exchange<br />
Over – The – Counter Services (OTC)<br />
Blockchain Academy &amp; Developers Programme<br />
Eco-Sustainable Rig Mining System (ERMS)<br />
Investors &amp; Venture Capitalists Network<br />
SMES &amp; Fintech Startup Incubator<br />
Blockchain and FinTech Alliances, Collaboration and Partnership<br />
(Source: Website)
30.06.2018 FinTech
Invox The Invox Finance Platform is a decentralised peer-to-peer invoice lending platform which allow sellers, buyers, investors &amp; other service providers to directly connect, interact, share &amp; distribute information. (Source: https://www.invoxfinance.io/) 30.06.2018 Lending
Qompass Your Gateway To Financial Markets On The Blockchain (Source: Website) 30.06.2018 FinTech
Cryptoloans Cryptoloans is a first blockchain platform for secure lending, trading and exchange cryptocurrency in the World. We guarantee the return of creditors funds. (Source: https://www.cryptoloans.top/en) Blockchain platform for secure lending, trading and exchange cryptocurrency (Source: https://www.icodata.io/ICO) 27.06.2018 Lending
Tradelize ● All crypto exchanges you need in one window access. ● First professional terminal for cryptotraders and unique chance for cryptoholders to follow strategies of the blockchain approved ProTraders ● Make investment in bitcoin and altcoins profitable! (Source: https://tradelize.com/) (Source: Website) 30.06.2018 Cryptocurrency trading platforms & data
Equi Fund The EQUI Investment Platform is set to disrupt Venture Capital, Real Estate and Luxury Asset Investing! (Source: Website) 30.06.2018 Trading & investing platforms

Cryptocurrencies & Blockchain

The Cryptocurrencies & Blockchain category contains projects that relate to Blockchains themselves. In this case this includes:

  • Blockchains: projects that are building new Blockchains
    The most prominent is EOS with its $200 Mio. ICO.
  • Blockchain Development: These projects build software and services to be used for Blockchain Development. This week there was only one; Squeezer, a software development platform for Blockchains.

All companies from Cryptocurrencies & Blockchain

Squeezer Serverless, auto-scalable api &amp; web apps. (Source: https://www.icodata.io/ICO) $3.400.000,00 30.06.2018 Blockchain Infrastructure
Moscoin MOS is a SmartX blockchain platform that allows anybody to participate in mining with smartphones and connect to more businesses anytime and anywhere. (Source: https://www.icodata.io/ICO) 30.06.2018 Blockchains
Lightstreams For Decentralised Applications (DApps) that require speed and privacy. (Source: https://lightstreams.network/) Lightstreams – The blockchain for DApp Speed and Privacy. (Source: https://www.icodata.io/ICO) 30.06.2018 Blockchains
EOS The Most Powerful Infrastructure for Decentralized Applications (Source: https://eos.io) The blockchain operating system for commercial scale decentralized applications. (Source: https://www.icodata.io/ICO) $200.000.000,00 25.06.2018 Blockchains

Gaming

Gaming – in whatever form – has been constantly receiving a lot of (ICO) attention, most notably with Cryptokitties.

Cryptokitties, so-called Cryptocollectibles are one of many Cryptoeconomic Primitives and blockchain building blocks.

Read more about Cryptoeconomic Primitives and blockchain building blocks here

Read more about Cryptokitties here

Most notably this week was Real Casino, an online
casino with around $1 Mio. in funding. Real Casino is not the only blockchain-based casino, competitive solutions include Luckygames, DAO Casino, Ethino, iDice, BitDice, and FunFair.

See more blockchain-based games, casinos, and similar here.

Besides “ICOed” games, this week we have also seen a blockchain game without an ICO. Rui Gomes launched Lightning Spin a game where you can multiply your invested Bitcoins by spinning a virtual wheel.

Lightning Spin (Source: Website)
Lightning Spin (Source: Website)

All companies from Gaming

Real Casino RealCasino is an Ethereum powered distributed Global Casino that utilizes Blockchain and smart contracts to provide the ultimate transparent gaming experience. (Source: https://realcasino.io/) RealCasino is a decentralized, distributed casino gaming platform. (Source: https://www.icodata.io/ICO) $1.038.291,00 30.06.2018 Casinos & Gaming
Asura Coin The World&#039;s First Self-Sustainable eSports Platform Powered by NEO. (Source: https://www.icodata.io/ICO) 30.06.2018 Casinos & Gaming
EtherJack Fully transparent smart contract based JACKPOT game! (Source: https://www.icodata.io/ICO) 25.06.2018 Casinos & Gaming

Identity

Identity refers to all projects that deal with human identity’s on a blockchain.
Blockchain-based identity is one of the earliest blockchain projects and startups like Civic and Selfkey have been in the game for quite some time now. The newcomers from last week are Traceto (KYC service) and CVproof (securing job-related credentials such as diplomas).

Finally, Safein as SSO platform (single sign-on), whose ICO should have ended June 30, closed down before the end of the ICO at the beginning of June.

All companies from Identity

Crypto Description Investment height Investment Date Industry
Traceto traceto.io is a decentralized network that returns ownership of the KYC process back to the end user. (Source: https://traceto.io/?utm_source=icodata) Decentralised KYC network that seeks to bridge the compliance gap between the real and virtual worlds. (Source: https://www.icodata.io/ICO) 30.06.2018 Identity
CVproof The ultimate career credentials validation platform, bringing blockchain&amp;amp;amp;amp;amp;#39;s immutability to create 100% transparency and reliability to the global market. (Source: https://www.cvproof.com/) CVproof.com is using blockchain technology to enable authentication of CV credentials. (Source: https://www.icodata.io/ICO) 30.06.2018 Identity

Automotive

Although Automotive is a popular ICO-industry, as our Automotive report shows, there was only one funding in June; DAV, a “Mobility Operating Systems“. Various synonyms to Mobility Operating Systems such as “Mobility networks” “Mobility ecosystems” or “Mobility Systems” exist, but they all center around the idea of building an open, standardized platform unifying multiple mobility providers to improve the interoperability between them. Mobility provider is a similarly vague term which includes all entities that provide any kind of mobility or mobility-related products and services along the automotive and mobility supply chain.

Read more about Mobility Operating Systems here

Read the full report on Blockchain in the Automotive & Mobility industry: the current state here

Conclusion

This week has not brought any new projects in particular, rather we have seen numerous interesting projects in the expected categories. Finally, Lightning Spin has shown that ICOs are really only one part of the industry and that a lot in the blockchain space is happening even without ICOs.

Full list

Crypto Description Investment height Investment Date Industry
INGOT Coin The first of its kind; an all-inclusive ecosystem that will be the pioneer in linking the crypto universe to the current traditional financial industry. (Source: Website) 30.06.2018 FinTech
NOIA Network NOIA Network is a widely distributed and decentralized layer of the internet’s infrastructure. Empowered by the latest technologies, it enables everyone to supply their unused storage and bandwidth to optimize the way the Internet functions. (Source: https://noia.network/?utm_source=icodata) NOIA is the next-generation, Content Delivery Network, designed to utilize the vast available bandwidth (and storage) from households and data centers located throughout the world. (Source: https://www.icodata.io/ICO) 28.06.2018 Internet Services
Squeezer Serverless, auto-scalable api &amp; web apps. (Source: https://www.icodata.io/ICO) $3.400.000,00 30.06.2018 Blockchain Infrastructure
Real Casino RealCasino is an Ethereum powered distributed Global Casino that utilizes Blockchain and smart contracts to provide the ultimate transparent gaming experience. (Source: https://realcasino.io/) RealCasino is a decentralized, distributed casino gaming platform. (Source: https://www.icodata.io/ICO) $1.038.291,00 30.06.2018 Casinos & Gaming
Moscoin MOS is a SmartX blockchain platform that allows anybody to participate in mining with smartphones and connect to more businesses anytime and anywhere. (Source: https://www.icodata.io/ICO) 30.06.2018 Blockchains
Traceto traceto.io is a decentralized network that returns ownership of the KYC process back to the end user. (Source: https://traceto.io/?utm_source=icodata) Decentralised KYC network that seeks to bridge the compliance gap between the real and virtual worlds. (Source: https://www.icodata.io/ICO) 30.06.2018 Identity
Asura Coin The World&#039;s First Self-Sustainable eSports Platform Powered by NEO. (Source: https://www.icodata.io/ICO) 30.06.2018 Casinos & Gaming
Alt.Estate Alt.Estate – ERC20 for Real Estate. Live Prototype in Japan, USA, EU. Buy ALT tokens. (Source: https://alt.estate) Real estate tokenization Protocol and property trading Platform. (Source: https://www.icodata.io/ICO) 30.06.2018 Real Estate
Lightstreams For Decentralised Applications (DApps) that require speed and privacy. (Source: https://lightstreams.network/) Lightstreams – The blockchain for DApp Speed and Privacy. (Source: https://www.icodata.io/ICO) 30.06.2018 Blockchains
CVproof The ultimate career credentials validation platform, bringing blockchain&amp;amp;amp;amp;amp;#39;s immutability to create 100% transparency and reliability to the global market. (Source: https://www.cvproof.com/) CVproof.com is using blockchain technology to enable authentication of CV credentials. (Source: https://www.icodata.io/ICO) 30.06.2018 Identity
Apres APRES is a Blockchain Based Decentralized Press Platfrom (Source: https://www.apresnet.com/) A blockchain solution for press freedom. (Source: https://www.icodata.io/ICO) 30.06.2018 Media
Creatanium FINTECH SERVICESPLMP Fintech aims to be at the heart of a complete ecosystem by bringing Blockchain technologies empowering SMEs and Investors with the following services :<br />
<br />
Full End -To -End ICO Advisory Services<br />
Decentralised Crypto-Exchange<br />
Over – The – Counter Services (OTC)<br />
Blockchain Academy &amp; Developers Programme<br />
Eco-Sustainable Rig Mining System (ERMS)<br />
Investors &amp; Venture Capitalists Network<br />
SMES &amp; Fintech Startup Incubator<br />
Blockchain and FinTech Alliances, Collaboration and Partnership<br />
(Source: Website)
30.06.2018 FinTech
Invox The Invox Finance Platform is a decentralised peer-to-peer invoice lending platform which allow sellers, buyers, investors &amp; other service providers to directly connect, interact, share &amp; distribute information. (Source: https://www.invoxfinance.io/) 30.06.2018 Lending
Qompass Your Gateway To Financial Markets On The Blockchain (Source: Website) 30.06.2018 FinTech
Cryptoloans Cryptoloans is a first blockchain platform for secure lending, trading and exchange cryptocurrency in the World. We guarantee the return of creditors funds. (Source: https://www.cryptoloans.top/en) Blockchain platform for secure lending, trading and exchange cryptocurrency (Source: https://www.icodata.io/ICO) 27.06.2018 Lending
Tradelize ● All crypto exchanges you need in one window access. ● First professional terminal for cryptotraders and unique chance for cryptoholders to follow strategies of the blockchain approved ProTraders ● Make investment in bitcoin and altcoins profitable! (Source: https://tradelize.com/) (Source: Website) 30.06.2018 Cryptocurrency trading platforms & data
Equi Fund The EQUI Investment Platform is set to disrupt Venture Capital, Real Estate and Luxury Asset Investing! (Source: Website) 30.06.2018 Trading & investing platforms
Fynance fynance is a digital insurance broker.
We are buying up German brokers portfolios on a larger scale.
The insurance industry in Germany is above average stable. There are over 431 million insurance contracts. (Source: Website)
30.06.2018 InsurTech
WardZ A universal reward token with loyalty options, referral links, reputation system, low cost automatic smart contracts, and NFC POS compatible wallets. Free to integrate to any app. (Source: https://www.icodata.io/ICO) $501,00 30.06.2018 Online reward and loyalty systems
EtherJack Fully transparent smart contract based JACKPOT game! (Source: https://www.icodata.io/ICO) 25.06.2018 Casinos & Gaming
DAV Network DAV is a blockchain-based transportation platform which enables vehicles to discover, communicate and transact with one another using DAV tokens. (Source: https://dav.network/) DAV is a blockchain-based transportation platform which enables vehicles to discover, communicate and transact with one another using DAV tokens. (Source: https://www.icodata.io/ICO) $22.000.000,00 25.06.2018 Automobiles & Components
EOS The Most Powerful Infrastructure for Decentralized Applications (Source: https://eos.io) The blockchain operating system for commercial scale decentralized applications. (Source: https://www.icodata.io/ICO) $200.000.000,00 25.06.2018 Blockchains

Till next week.

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