Category: ICO Legal Service

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Tokenisation of the football industry with Socio.com

Categories Blockchain, ICOs, Malta, ICO Legal Service, The Blockchain Island, E&S Group, Tokenomics, Tokens, esports, Utility Tokens, Football, Sports

Tokenisation of the football industry with Socio.com

Recently a Maltese based Fintech and sports company, Mediarex, has raised $65 million through a private token sale. Mediarex utilizes the blockchain based sports platform chiliz.com. Due to the hype of the World Cup, chiliz.com has set in motion a football platform through Socios.com. This platform will engage and monetize football fans through the World Cup season.

Engaging Fans through Socios.com

Fans around the world bet for their favourite teams to win. Through Socios.com, fans can vote by means of tokens enabled by the blockchain platform. Football fans can buy tokens distributed within the blockchain system. When purchasing these tokens, fans can also trade and execute voting known as “crowd-manger” rights to their favourite team. Since Socios.com is collaborating with chiliZ, players can purchase $CHZ token to participate in this platform. chiliZ has, in fact, contributed $20 million to Socios.com venture, taking the football fan engagement into the mainstream.

Will “Socios” concept be of success?

Since the technology industry is moving at a fast pace, football fans are looking into the digital aspect of fintech and blockchain based solutions. By means of mobile applications, football fans from around the globe will connect together through the Socios.com platform. It is estimated that Socios blockchain will connect 4 billion football fans worldwide to the 1000 UEFA clubs and 2300+ professional football teams in existence. Once registered in the platform, teams can trade voting rights for management decisions within the Socios.com platform. Moreover, each team can manage their “token sale”, receiving funds from their fans and investors exchanging them into voting rights.

 

E&S Group is pleased to have advised chiliZ.com. For more information regarding our ICO Legal Services please check us out on this link. If you would like to contact us please send us an email on [email protected] or phone us on +356 2010 3020

 

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LifeTask launched its Private Placement! – The human potential source.

Categories Blockchain, Cryptocurrency, ICO Legal Service, E&S Group, Technology, Tokens, New ICO - LifeTask

LifeTask launched its Private Placement! – The human potential source.

E&S Group is proud to announce that its client LifeTask has launched its Private Placement!

 

Our client LifeTask has created a P2P platform app by means of Artificial Intelligence. This concept came about to bring employers and prospective employees closer through their decentralised competence platform. Through this platform, the best job match will be guaranteed to employers discovering new talents within the job market.

Employers are subjected to fill a detailed job description to be placed on the LifeTask platform which will be placed under on AI platform. While employees will also fill in their portfolio and submitted in a separate AI platform. The positive side of this technology is that LifeTask platform can effectively find the perfect potential candidate the company would like to join their business. Prospective employees are not restricted to fill in their competencies but also their interests and personal development. This highly acclaimed initiative will save time and money. The employer can pay for the service given by LifeTask Tokens available on the platform.

E&S Group is proud to be advising and supporting such an innovative project bringing employers and prospective employees one step closer to achieve a harmonious work environment. If you are interested and would like to know more about the services offered please visit their website on https://www.lifetask.io

Planning an ICO or simply want more information on ICOs, Blockchain or Crypto? Click here to read more about ICOs or contact us on [email protected]

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Yizoot Token Offer is LIVE NOW! – The world of video reinvented.

Categories Blockchain, Cryptocurrency, ICOs, ICO Legal Service, E&S Group, New ICO - Yizoot, Tokens

Yizoot Token Offer is LIVE NOW! – The world of video reinvented.

E&S Group is proud to announce that its client Yizoot has launched its Pre-Token Offer!

The founders of Yizoot have created a platform through blockchain technology. Contributors using the Yizoot platform can fully take advantage of geo-space (digital land), offerings, and voting rights. Users can automatically process transactions hence purchasing rent geo-land by means of YTC Tokens. The platform also provides an Augmented Reality and Geo-spatial tools for video-based platforms.

The platform provides any location mapped around the world. By means of smart contracts, subscribers can manage their own video geo-channel, thus ensuring Proof-of-Concept to viewers and advertisers alike.

E&S Group is proud to be advising and supporting this innovative Geo-spatial platform. To learn more about Yizoot, please visit their website: https://yizoot.com

Planning an ICO or simply want more information on ICOs, Blockchain or Crypto? Click here to read more about ICOs or contact us on [email protected].

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Binance, the world’s top crypto exchange moving to Malta.

Categories Business, Modern, Economy, Financial Services, Blockchain, Cryptocurrency, Regulatory, ICOs, Malta, ICO Legal Service, BankTags , ,

Binance, the world’s top crypto exchange moving to Malta.

One of the world’s largest cryptocurrency exchange by traded value is seeking a fresh start on a little Crypto island in the Mediterranean.

Binance, founded last year in Hong Kong, will soon start a “fiat-to-crypto exchange” in Malta. In an interview, Zhao Changpeng stated that it is planning to open an office on the island. He added that the company mission is currently close to securing a deal with local banks that can provide access to deposits and withdrawals.

Zhao mentioned that “Malta is very progressive when it comes to crypto and fintech.”

Since last year both regulators from China to the U.S. have been cracking down on cryptocurrency exchanges and businesses, leaving many companies like Binance struggling to find a stable base. Before, the company had an office in Japan however it struggled to get a licence to operate. Moreover, Japan’s Financial Services Agency issued a notice to the venue on Friday for working without consent.

Zhao’s venue was the world’s top-ranked exchange by volume for the past 24 hours, according to Coinmarketcap.com, trading about $1.7 billion.  He mentioned that he had recently been invited by the Maltese government to review an upcoming bill that was favourable to crypto businesses.

Malta came to play as policy makers and the government has held public consultations on regulating virtual currencies, token sales, and crypto-exchanges. Last month there was the unveiling of the plans by the Malta Digital Innovation Authority that will certify and regulate blockchain-based businesses and their operations which will also create a framework to oversee initial coin offerings, the Malta Independent newspaper said.

In the coming months, Binance, is currently underway to launch a decentralized exchange.

If you have any questions in relation to cryptocurrency or ICOs, please contact us on [email protected]

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PwC is the latest international company to launch a blockchain related product.

Categories Blockchain, Cryptocurrency, ICO Legal Service

PwC is the latest international company to launch a blockchain related product.

Pricewaterhouse Coopers (PwC), one of the big four international accounting firms has announced a trial of a blockchain analytics tool which will trade digital tokens. The software will help companies to guard against the misuse of tokens for illicit means.

PwC’s Hong Kong forensic services partner, Eric Young have stated that they are looking to capitalise on the growing interest in ICOs as a means of raising funds for manufacturing, technology, and retail purposes in Asia.

Analysts from PwC have indicated that they intend on capitalising on the migration of Asian cryptocurrency businesses to Hong Kong and Singapore due to their lack of prohibitive regulations regarding ICOs, in the wake of China’s increasingly intense crackdown on cryptocurrencies.

Mr. Young stated that this new tool will give token issuers the ability to track the circulation of their coins on the cryptocurrency has been launched. This will assist the company to take measures to prevent its illicit use in transactions.

“While on the blockchain ledger, one could track the amount of transactions that have been done using the cryptocurrencies, there is still no way for an issuer of an ICO to trace its coins and know how these coins are being used,” said Mr. Young.

He added, “With artificial intelligence built into our back engine, our solutions would enable clients to better predict which jurisdictions the digital token could potentially be circulated to. Depending on the type of company and the type of business it is engaged in, it could then apply a high-risk score to that particular jurisdiction.”

Over the last few months, PwC has been working with various companies to seek a way to launch ICOs by assisting with the legal considerations such as KYC and AML measures, as well as supporting counsel in litigations and providing advice regarding tax structures. Additionally, in November 2017, the PwC Hong Kong office announced that it would start to accept Bitcoin as payment for its consultancy services.

Do you require more information regarding ICO Legal Services? Click this link to find out more.

 

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