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cryptocurrency February 1, 2018

VideoCoin Network has now raised USD 25 million in pre-ICO funding for blockchain-based computing project focused on encoding, storing, and streaming video. Image from Wikipedia.

Founder of CNET and Salesforce Raises USD 25 Million in Pre-ICO

Halsey Minor, the founder of CNET and co-founder of Salesforce, is creating a new blockchain-based computing project focused on encoding, storing, and streaming video called VideoCoin Network. According to Business Insider, Minor wants to use zombie servers, which will be 60 to 80% cheaper than traditional cloud services for video producers, like Amazon Web Services. Minor has now raised USD 25 million in pre-ICO funding, and a public ICO is planned for March 2018.

Job.com Announces Switch to Blockchain, Which Will Allow Candidates to Earn Signing Bonuses

Job.com has announced it is switching over to a blockchain-based platform this spring to remove recruiters from the hiring process, thereby reducing companies’ fees and allowing new hires to earn signing bonuses from the companies’ savings. According to Inverse.com, negotiations around the candidate’s hire will be conducted and recorded on Job.com’s blockchain ledger through smart contracts.

Lydian Allows Investors to Use ByteCoins in Public ICO, Which Begins Today

ByteCoin (BCN) has partnered with Lydian to allow investors to use ByteCoins in Lydian’s public ICO, which begins today. According to a press release from Lydian, this agreement markets the first time the investors could use ByteCoin to purchase tokens in an ICO.

Blockchain Mining Ltd. Announced Intention to List on Nasdaq and Toronto Stock Exchange

Blockchain Mining Ltd (BLCM.TA) announced plans to list its stock on Nasdaq and the Toronto Stock Exchange by July 2018. According to Reuters, this announcement follows signs that Israel might ban companies involved in cryptocurrencies from the Tel Aviv Exchange. Ever since late 2017, which was when the company shifted from mining for gold and iron to mining cryptocurrencies, the company’s shares have increased by over 5,000%.

Source: ICO Alert

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