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?



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

Add comment

Please login or register to leave a 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

25 Oct Facebook Q3
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct Twitter Q3 2021
26 Oct MediaTek Q3
26 Oct Microsoft fiscal Q1
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct Siminn Q3 2021
26 Oct KPN Q3 2021
26 Oct NENT Q3 2021
26 Oct Juniper Networks Q3 2021
26 Oct Corning Q3
26 Oct TIM Brasil Q3 2021
26 Oct Alphabet Q3 2021
26 Oct Digital Realty Q3
26 Oct MWC Los Angeles
26 Oct Samsung Developer Conference
26 Oct Cabsat
26 Oct FCC meeting
27 Oct Vertiv Q3
27 Oct Netgear Q3
27 Oct Megacable Q3
27 Oct Twilio Q3
27 Oct Telefonica Deutschland Q3 2021
27 Oct TIM Q3 2021
27 Oct Spotify Q3 2021
27 Oct Android Dev Summit
27 Oct Digital Utilities Europe 2021
::: More Calendar Items