OpenLedger Gets Thumbs Up From Chinese Marketplace. 
OpenLedger had an amazing reception at the Finwise Global Blockchain Summit, attracting many Chinese investors and ICOs for Crowdfunding Services. Held in Shanghai, China over the 30th and 31st of July, thousands of visitors from the blockchain, crypto, and investment communities visited the OpenLedger stand and attended the informational seminar where the world of OpenLedger, the OpenLedger DEX and Crowdfunding Services was introduced to them. Watch this space to see the results of our attendance!
We are back in Shanghai, China on the 14th August to attend the largest blockchain conference in the world, and follow up on the success of the Finwise Global Blockchain Summit
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Self-Regulatory Blockchain Alliance Officially Established in China at Finwise Global Blockchain Summit
(July 30 2017) This week, thousands of blockchain enthusiasts from all of the world gathered at the Finwise Global Blockchain Summit in Shanghai to talk about the future of applications on the blockchain, and regulatory practices surrounding ICOs.
The most notable result of the Summit was the establishment of the Self-Regulatory Alliance, named the Sandbox. The Sandbox Self-Regulatory Alliance, which is made up of seven influential blockchain-based organizations and led by the Metaverse Foundation, aims to promote best-use cases for blockchain technology, raise awareness of the regulations pertaining to the blockchain-related industries, and better serve the public through legitimate, practical applications and standards.
Eric Gu, the founder of Metaverse Foundation, indicated how ICO projects are facing regulatory dilemmas for both entrepreneurs and investors, stating, “This is an emerging financial model, and the Chinese government holds a relatively open attitude, for now. I am very proud that our industry, leaders, and companies are taking the lead in compliance and self-regulation.”
The Metaverse Foundation, which owns the public blockchain platform in China, was the organizer of the Finwise Global Blockchain Summit and presented more than 20 ICO projects presented at the Summit, showcasing the diversity of ICO initiatives that are mainly established in China.
One of the ICOs present at the Summit, ZenDao, has issued its’ token on the Metaverse and OpenLedger exchanges, and has created a solution for the community of fine art collectors by encouraging the sale and trade of art using tokens and smart contracts. Metaverse allows assets to be issued and recorded on its decentralized platform, including their own token, Entropy (ETP). Unlike Ethereum, which allows programmers to write code on top of the platform itself, Metaverse preserves the underlying platform, enhancing security.
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Total amount of OBITS burned on August 2, 2017 was 102,035 OBITS. 36,133 of this amount was achieved from buying back from the market on Aug 2nd, the remaining amount was OBITS was obtained from the market during the month of July, resulting from a leftover amount of the revenues achieved from the OBITS WARRANTS auction.
ICOO distribution August on August 3rd 2017The amount of 6.09 BTC, out of a total amount of 15.44 BTC allocated for normal monthly distribution, was sent out today to ICOO holders who are able to take part in the riseofbitcoin value, and with that, the similar rise in most well established altcoins and assets out there.
ICOO "SPECIAL" extra buyback/burn onAugust3rd 2017On top of the monthly distribution, an additional buyback and burn from distribution took place in the amount of 84.56 BTC, of which 32.97 BTC was used for the buyback and burn, allowing a total of 6.706 ICOO to be burned with a new total supply of 465,952 ICOO as the end result.
Topic: [ANN] OpenLedger - Smart Trading Decentralized with BTC and altcoins added (Read 134407 times)
