Blockchain startup Guts Tickets raises $2.5m (so far) from ICO

Dutch startup Guts Tickets is one of the companies exploring blockchain technology’s potential for the music industry – but in its case, the focus is on selling tickets rather than recorded music. The company has just raised $2.5m through 2017’s buzziest funding mechanism: an initial coin offering (ICO). However, this is just from the pre-sale: […]

ICOs raised $797m in the second quarter of 2017 alone

Despite being banned in China and regulated more strictly in the US, initial coin offerings (ICOs) for blockchain-based startups are going to be drumming up large amounts of funding for a while yet. A new report by Coindesk quantifies the ICOs market before the two crackdowns above were announced: it claims that ICOs raised $797m […]

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