0
Broadband

Tzavr drops plans for ICO

Friday 22 June 2018 | 10:56 CET | News
Russian OTT service Tzavr has withdrawn from plans for an Initial Coin Offering (ICO) using its blockchain platform MoviesChain, reports Comnews.ru. It blamed the unfavourable situation in the crypto-currencies market and the general decline in investors' confidence. Tzavr plans to allocate USD 3 million for the development of the company from its own earnings instead.

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: Russian Federation
::: add a comment
This article is part of dossier

OTT


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

Telia takes part in blockchain demonstration for property transaction service

Published 13 Jun 2018 12:59 CET | Sweden
Telia Company said that it was part of a property transaction service demonstration on 11 June with blockchain company Chromaway, ...

Blockbonds I&M Bank Rwanda launch blockchain-based platform

Published 06 Jun 2018 09:55 CET | Rwanda
Blockbonds has teamed up with I &M Bank Rwanda to launch the first blockchain-based platform, SPENN, reports New Times. This ...

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 ...

Tzavr doubles revenues in 2017

Published 04 Apr 2018 10:54 CET | Russian Federation
Revenues of Russian OTT service Tzavr grew by 100 percent in 2017 to RUB 550 million, reports Tdaily.ru. Video advertising ...

Dutch municipal websites hacked by cryptominers

Published 13 Feb 2018 13:39 CET | Netherlands
The websites of at least 25 Dutch municipalities and one Dutch province have been hit by a cyber attack. The hackers put their ...

Telekom Slovenije enables purchases of cryptocurrencies via SMS

Published 17 Nov 2017 17:19 CET | Slovenia
Telekom Slovenije, in cooperation with service provider BitIns, has enabled the purchase of Bitcoin and Ethereum cryptocurrencies ...





Calendar   /   Industry Events

01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec NGON & DCI World
01 Dec 5G Italy
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec GCX fiscal Q2
03 Dec Marvell Technology fiscal Q3
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
07 Dec SIPNOC 2020
07 Dec ECOC Exhibition
07 Dec Report: Dutch Mobile Operators 2020-Q3
07 Dec Report: Dutch Broadband 2020-Q3
08 Dec WebexOne
::: More Calendar Items