Lately, it's seemed like Atari has been putting it's focus on two big strategies: Crowdfunding and promoting products that don't exist. So it makes perfect sense that it's reportedly getting into the cryptocurrency game with its own coin offering, the Atari Token.
Tagged With ico
What have you done Kodak, what have you done? Earlier this month, the stalwart film company got into bed with the oh-so-tempting blockchain brigade, and its stock price dutifully shot up. With one day to go before its initial coin offering was scheduled, more details have emerged about this unholy marriage, and it's easy to believe that the reincarnated Kodak isn't long for this world.
You can pretty much set your watch to the latest tech trends by following the release of Bjork albums. Following her previous iPad app album, and various forays into VR, she's now apparently including a little bit of cryptocurrency for anyone who buys her new album. Let's hope the SEC doesn't have any issues with that.
The cryptocurrency market is having another rocky morning as South Korean authorities announced a ban on initial coin offerings (ICOs). While countries such as the US and the UK have warned investors to exercise caution before becoming involved with such projects, China has completely banned the fundraising method, and Taiwan could be next.
China recently banned initial coin offerings (ICO) and briefly paused the seemingly unstoppable price increase of bitcoin. But the cryptocurrency has already bounced back. With the likes of Paris Hilton, Kim Dotcom, and John McAfee all jumping into the ICO world in one way or another, it seems worth asking what the hell this whole thing is about.