This week’s blockchain agenda features SportsFix’ initial coin offering, a Toronto on the future and the presale of tokens for a platform for selling and sharing cars.
SportsFix to Kick Off ICO
SportsFix, a blockchain-based platform for the live streaming of sports events, plans to launch the public sale of its SFT tokens Wednesday, according to CoinSchedule and ICOBench, which track initial coin offerings.
SportsFix says it is developing digital sports content ecosystem with the aim of unbundling content so fans watch only the games they want. It also says it will increase fan interaction with teams.
The company is already operating an over-the-top business in Asia, streaming local and international sports events. The SFT tokens will serve as a medium of payment on the platform.
According to its white paper, SportsFix plans to offer a total of 800 million tokens, using 60 percent of proceeds for content, 14 percent for development, 10 percent for operations and the remainder for marketing, sales, legal and accounting.
The company aims to raise $24 million in its public sale. SportsFix has a Trust Score of “B” from CoinSchedule.
Blockchain Futurist Conference to Bring Crypto Leaders to Toronto
The Blockchain Futurist Conference takes place in Toronto this week, gathering blockchain enthusiasts and startups for discussions on the future of the technology.
Headline speakers include Ethereum co-founders Charles Hoskinson and Anthony Di Iorio, Dash Core Group CEO Ryan Taylor and television and radio host Larry King.
The conference begins Tuesday with an opening night party and runs through Thursday evening.
The event, which takes place at Rebel Entertainment Complex, includes a blockchain and crypto “bootcamp,” which will teach participants how to set up a digital wallet and provide instruction on cryptocurrency trading and blockchain technology. There is also a tech demonstration competition, in which startups planning ICOs will pitch their business plans to a panel of experts. Read more here.
BlocVehicle Gears Up for Presale
BlocVehicle, a platform for buying, selling and sharing cars, plans to launch a presale of 100 million of its VCL tokens on Wednesday.
BlocVehicle, which carries a “B” Trust Score from CoinSchedule, aims to help people buy and sell used cars directly. Sellers will be able to upload vehicle history and maintenance data to the blockchain, increasing trust in the marketplace.
The company also plans to create a sharing service it likens to an “AirBnB for cars.” Owners would be able to lease their vehicles to others.
BlocVehicle plans to issue a total of one billion tokens.
Changha Lee, BlocVehicle’s CEO and co-founder, is also CEO of Banet Information Technology, a data security company whose products are used by companies including Samsung, LG, AIG and Prudential Life.
Last Week’s Top News
Crypto Pump and Dumps Hurt Investors
Online trading groups are carrying out cryptocurrency price manipulations on a large scale, leading to hundreds of millions of dollars in losses for investors, The Wall Street Journal reported.
Dozens of these schemes have generated at least $825 million in trades in the last six months alone, the Journal found, citing an analysis of online trading data and trader communications on messaging apps Telegram and Discord. Read more here.
IBM, Maersk Launch TradeLens
According to the joint press release, 94 organizations are “actively involved or have agreed to participate on the TradeLens platform built on open standards” including more than 20 port and terminal operators across the globe. Read more here.
Barclays Seeks Coders to Test Derivatives Blockchain Protocol
Barclays is looking for coders to help it revamp the global derivatives market.
According to CoinDesk, the U.K. bank will hold its DerivHack hackathon simultaneously in London and New York on Sept. 20-21 at the bank’s Rise offices. The International Swaps and Derivatives Association (ISDA), Deloitte and Thomson Reuters are co-sponsoring the event. Read more here.