CrowdConscious - Surfing The Cryptoverse

I am the author of this article and the original piece of content can be found here on my Medium blog . At the end of last year, I wrote an article entitled  Binance Exchange: Fueling a Hot New Era of Token-based Exchange Models? ,  diving into the  innovative token-based exchange model  Binance  brought to the competitive table.  Unarguably, their business model along with being at the right place and time  has catapulted them to being the top cryptocurrency exchange in the world  —  7-months after starting the business. This is  unheard of in the world of business . A startup becoming the all hailed unicorn within MONTHS.  Unicorn = billion dollar valuation . I don’t know what Binance’s valuation is or if we can even value the organization from a traditional valuation standpoint; however,  their 24-hour volume as I type this is $3.9 billion . They  charge a 0.10% trading fee  — we’ll do the math further down. This comes ...

This post was originally published on my Medium blog on November 23rd, 2017 and  can be found here through KeepingStock  or here on Genesis Vision's official blog publication . I hope you enjoy and find this helpful! Image Source Initial Coin Offerings have been all the rage in 2017  as the infantile method of raising business capital grows exponentially across the globe —  crowdfunding with cryptocurrency , I like to consider it. So much so that government regulators are starting to really crackdown on the activity. First came  China announcing the ban of ICO’s ; then followed South Korea; and most recently a new  SEC task force in the US  with  EU regulators following. To put it into perspective,  $3,409,168,576  has been  raised on Kickstarter since 2009 . Across all ICO’s recorded by CoinDesk  for the 2017 year , $3,557,667,313  has been raised  (as of 11/20/2017).  If you have participated in an ICO, y...