ICO Wrap – Initial Coin Offering and Token News Summary October 12, 2017

ICO | October 11, 2017 By:

Blockchain Search Engine Presearch Raises $12 Million USD

The decentralized community-driven search engine Presearch has raised $12 million in its initial coin offering (ICO) pre-sale, with its public sale slated to start October 15.

Spinbackup Moving Protection To The Cloud Via Blockchain

Cloud cyber-security company Spinbackup is creating a blockchain solution for cloud-stored data. The company is a Google Cloud partner and aims to replace passwords with a blockchain recording process. The company plans an initial coin offering later this month.

Playkey Teams with GigaWatt for Cloud Gaming Ecosystem

Gaming platform Playkey has partnered with mining company GigaWatt to expand its forthcoming cloud gaming ecosystem. The goal is to unite gamers with powerful computer rigs into the cloud, allowing them to use their GPU power to mine PKT tokens and pay for their gaming habit while contributing to the overall game speeds via their combined processing power.

Lufthansa Teams with Winding Tree for Blockchain Travel Apps

Lufthansa Group has teamed with Swiss blockchain travel platform Winding Tree to bring blockchain technology to the travel industry.

Ripio Raises $31 Million in ICO Pre-sale

Buenos Aires micro-lending startup Ripio has raised $31 million as part of an initial coin offering (ICO) pre-sale ahead of a new credit network launch. The public ICO will begin on October 24.