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

We hope you've enjoyed your free articles. 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

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 ...





7.8 million
Broadband connections forecast in 2022
Netherlands  |  2018 Q1

Calendar   /   Industry Events

17 Jul Telekom Austria Q2 2018
17 Jul TalkTalk fiscal Q1
17 Jul Inphi Q2 2018
17 Jul Telenor Q2 2018
18 Jul Tele2 Q2 2018
18 Jul MTG Q2 2018
18 Jul Ericsson Q2 2018
18 Jul Crown Castle Q2 2018
18 Jul TDC Q2 2018
18 Jul Data Center InterConnect
18 Jul Report: Dutch Mobile Virtual Operators 2018 Q1
19 Jul DNA Q2 2018
19 Jul Rogers Communications Q2 2018
19 Jul Limelight Networks Q2 2018
19 Jul Millicom Q2 2018
19 Jul Skyworks fiscal Q3
20 Jul Net Insight Q2 2018
20 Jul TIM Brasil Q2 2018
20 Jul CLX Communications Q2 2018
20 Jul Telia Q2 2018
20 Jul Orange Belgium Q2 2018
23 Jul Inwit Q2 2018
23 Jul Alphabet Q2 2018
23 Jul NOS Q2 2018
23 Jul Netgear Q2 2018
24 Jul Telekom Austria H1 2018
24 Jul Orange Polska Q2 2018
24 Jul Texas Instruments Q2 2018
24 Jul Smith Micro Q2 2018
24 Jul Megacable Q2 2018
::: More Calendar Items