0
Broadband

Start-up wysker launches Germany's first 'initial coin offering'

Wednesday 11 October 2017 | 15:20 CET | News
Berlin-based start-up wysker started the presale phase of what is reported to be Germany's first "initial coin offering" (ICO) on 02 October 2017, in order to fund the launch of its blockchain-powered mobile shopping app using a cryptocurrency called wys tokens. The app is due to be launched following the completion of the ICO on 01 December, and the company hopes to raise around USD 25 million via this method. The app wants to do for shopping what Tinder did for dating, wysker founder Tobias Haag told Manager Magazin.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Countries: Germany
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

ProSiebenSat1 cleared to acquire Meet Group in Germany

Published 06 Jul 2020 17:21 CET | Germany
The German Federal Cartel Office, Bundeskartellamt, has approved the planned takeover of the Meet Group by ProSiebenSat.1. ...

Berlin-based Adjust raises USD 227 mln to expand anti-fraud product for mobile apps

Published 13 Jun 2019 09:35 CET | Germany
Berlin-based start-up Adjust, which provides analytics, measurement and fraud prevention for mobile application marketers, has ...

Deutsche Telekom develops blockchain-based app to protect stolen smartphones

Published 07 Jun 2018 15:31 CET | Germany
Deutsche Telekom and Camelot Innovative Technologies Lab are testing out a new security feature for smartphones based on ...

ChainEX launches crypto-currency exchange in South Africa

Published 25 Apr 2018 10:49 CET | South Africa
A digital asset exchange called ChainEX has been launched in South Africa, reports ITWeb. It enables people to buy, sell or trade ...

Telefonica Deutschland issues dual-tranche promissory note loan using Blockchain

Published 11 Jan 2018 13:36 CET | Germany
Telefonica Deutschland announced it has issued a promissory note loan that combines traditional financing with a tranche using ...

Selectel, SONM to launch infrastructure systems for blockchain

Published 10 Oct 2017 11:43 CET | Russian Federation
Russian hosting services provider Selectel and Russian-Singapore joint venture SONM have announced the design of ...

AT&T: technologie, mensen en partners vormen basis voor digitale transformatie

Published 10 Oct 2017 10:40 CET | Netherlands
Digitale disruptie raakt elke organisatie, groot en klein. De impact groeit naarmate steeds meer systemen, toepassingen en ...

Du launches Smart Identity access system

Published 09 Oct 2017 09:36 CET | United Arab Emirates
UAE operator Du has introduced the Du Smart Identity service for businesses. It uses blockchain to provide a digital presence ...

Megafon places bonds using blockchain

Published 03 Oct 2017 19:53 CET | Russian Federation
Russian mobile operator Megafon has placed a RUB 500 million bond emission using blockchain. Raifeissen Bank has purchased the ...





Calendar   /   Industry Events

26 Feb Deutsche Telekom Q4 2020
26 Feb Tecnotree Q4 2020
26 Feb Proximus Q4 2020
26 Feb OTE Q4 2020 2020
26 Feb HTHK FY results
26 Feb Megacable Q4
01 Mar Inseego Q4
01 Mar Ooma Q4
01 Mar Liberty LatAm Q4 results
01 Mar Switch Q4 2020
01 Mar Boingo Q4
01 Mar Zoom Video Communications Q4
01 Mar TIM Brasil investors day
01 Mar Embedded World Digital
02 Mar FuboTV Q4 2020
02 Mar HPE fiscal Q1
03 Mar Marvell Technology fiscal Q4
03 Mar Vivendi Q4 2020
03 Mar Avast FY results
04 Mar Inwit Q4 2020
04 Mar Broadcom fiscal Q1
04 Mar MTS Q4 2020
04 Mar Ciena fiscal Q1
05 Mar Vonage Investor Day
::: More Calendar Items