• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
      • Non Gamstop Casinos
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Casinos
  • Play Games
  • Play Casino Games
  • Best crypto casino
Breaking News: KyberSwap Hacker Demands Full Control, Sets December 10th Deadline
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
      • Non Gamstop Casinos
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Casinos
  • Play Games
  • Play Casino Games
  • Best crypto casino
Bitcoinist.com
No Result
View All Result
Breaking News: KyberSwap Hacker Demands Full Control, Sets December 10th Deadline
OpenLedger

OpenLedger Announces ‘ICOO’ Platform to Increase Startup Funding

Bitcoin PR Buzz by Bitcoin PR Buzz
8 years ago
in Bitcoin PR Buzz, News, News teaser
0

OpenLedger, supported by Danish cryptocurrency exchange CCEDK, is extending its “Initial Coin Offering OpenLedger,” (ICOO) in an effort to host more ICOs on the platform.

Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services.

OpenLedger ‘ICOO’ Aims to Improve ICO Success Rates

OpenLedger The ICOO is a token-based service, in which people can trade ICOO tokens for presale tokens of new blockchain projects. OpenLedger began a crowdfund for the ICOO tokens on May 20, 2016, which is set to last for 42 days.

By offering “a single point for ICOs where investors can by ICO tokens of their choice,” OpenLedger aims to increase the success rate of cryptocurrency projects trying to raise funds through an ICO. The platform says that their new program will save ICO participants “a lot of time while making sure they do not miss out on any of the ICOs.”

ICOO token holders will get “special privileges and discounts in addition to any possible future dividends from their ICOO token holdings.”

With easier access to ICOs, as well as incentives for participating in its ICOO program, OpenLedger believes people will be more willing to invest in emerging cryptocurrency projects.

CCEDK CEO Ronny Boesing emphasizes the desire to help new projects, saying that “The long-term goals for OpenLedger and CCEDK is (sic) to be an incubator for tech start-ups, a hub for existing businesses to transition to blockchain-based infrastructure as well as a portal for investors to find these businesses.”

During the crowdsale, people can buy the ICOO tokens with bitcoin or any other currency supported by CCEDK or OpenLedger. The company says that all payments received will be converted to bitcoin to prevent loss of value.

CCEDK and OpenLedger say that they plan to use crowdsale funds to “buy into new ICOs,” as well as allowing investors to “trade tokens representing upcoming ICOs even before they are launched.”

The funds raised through the total ICOO crowdsale will be utilized the following way:

  • 10% to OBITS asset to be used for buying back / burn on July 2nd
  • 5% Implementation of future OPEN assets on OpenLedger initially introduced as a prelaunch ICO
  • 5% to BTSR for Advertising (buying back BTSR to be used for advertising of DC) ICOO backed by advertising
  • 5% to OBITS reserved for Blogging rewards (buying back OBITS reserved BloggersClub rewards) ICOO is backed by Bloggers’ Club
  • 25% Governance/Reward token for DigixDAO (DGD) ICOO backed by gold DAO token
  • 20% Reserve buffer to buy into ICO’s ICOO backed by any new crypto prelaunched on OpenLedger
  • 30% to CCEDK Team for project work ICOO backed by value added development

OpenLedger also has a plan for the profits made by ICOO after “the first wave of token generation”:

  • CCEDK will control 40% of the ICOO profits, which will be used for its operations, administration, advertising and other expenses while the remaining 60% will be distributed in a pre-defined fashion.
  • Out of the 60% of profits, 20% of designated revenues is used as buyback and consequently burned. The buyback is performed in BTC on the OpenLedger ICOO _OPEN.BTC market.
  • 65% of designated revenues will be used for buyback of ICOO tokens and burned
  • 10% to OBITS bought back from OBITS market reserved in fund for Blogging rewards
  • 5% to BTSR bought back from BTSR market for Advertising
  • 0.13% interest from DGD as quarterly payouts in DGX and added as a reserve to ICOO value (25% of total ICOO value is in DGD).
  • 60% of ICOO yearly profits will be used for the monthly buyback

To learn more about the ICOO Crowdsale, please visit: http://www.icoo.io/

Know more about CCEDK at – https://www.ccedk.com/

Register on OpenLedger at – https://www.openledger.info/

Follow ICOO on Bitcoin Talk – https://Bitcointalk.org/index.php?topic=1479359.msg14912417#msg14912417

ICOO Crowdsale on LinkedIn – https://www.linkedin.com/pulse/never-miss-boat-ico-again-icoo-putting-power-creation-ronny-boesing

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.


Images courtesy of OpenLedger.

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Bitcoin PR Buzz

Bitcoin PR Buzz

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

Related Posts

Genesis

Genesis And DCG Bury The Hatchet In $620 Million Legal Showdown

3 days ago
Charlie Munger

Bitcoin’s Fierce Opponent Charlie Munger Breathes His Last At 99

3 days ago
The Demise Of Inferno Drainer: Accomplice In $70 Million Fraud Uncovered

The Demise Of Inferno Drainer: Accomplice In $70 Million Fraud Uncovered

5 days ago
Ripple

Ripple Sets Sights On Dominating $300 Trillion Payment Sector

1 week ago
Sam Altman

Bizarre Twist: Sam Altman Makes A Surprise Return To OpenAI As CEO

1 week ago
Binance

Binance CEO Pleads Guilty To Criminal Charges, Faces 10 Years In Jail – Details

1 week ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit
Inmerion
Inmerion

Press Releases

  • Wish You’d Invested in BTC and ETH Sooner? Experts Say...

    3 hours ago
  • Market Rallies Post-Holiday. Fake-Out or Are Bulls Back in...

    5 hours ago
  • The Best Altcoins to Invest in? Cardano, Polygon, and...

    1 day ago
  • Top 3 Affordable Cryptos Worth Buying Next Week

    1 day ago
  • 3 High Growth Cryptos To Buy Now

    1 day ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
      • Non Gamstop Casinos
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Casinos
  • Play Games
  • Play Casino Games
  • Best crypto casino

© 2023 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.