On the crypto calendar this week: Rateonium’s ICO; another big blockchain conference, this time in Las Vegas; and a mobile payments conference in the Windy City.
Rateonium ICO to Launch Saturday

Rateonium, a blockchain-based platform for customers to anonymously rate products and services, plans to launch its initial coin offering Saturday, according to the company’s white paper.

Rateonium plans to distribute a total of 801.7 million of its RTC tokens. The month-long public sale will be divided into five segments with the price of the token ranging from 0.000109 ether (ETH) to 0.000182 ether.

The Macedonia-based social network carries a “B” Trust Score from Coinschedule and a 4.5 rating from ICOExpert.

Using the Rateonium app, verified customers will receive cryptocurrency for anonymously reviewing products and services they’ve purchased.

Rateonium expects the crypto payments will give customers incentive to review their purchases, leading to a greater number of reviews than on typical internet sites and providing companies with more usable statistical data, the white paper says. Consumers will be able to exchange the the Rateonium cryptocurrency for rewards at participating companies.

BlockShow Arrives in America’s Playground

The two-day BlockShow Americas conference takes place at The Venetian in Las Vegas beginning Monday.

Scheduled speakers include Nouriel Roubini, the New York University professor known for predicting the 2008 financial crisis; Johanna Maska, CEO of Global Situation Room and former head of White House Press Advance for President Obama; Victoria Vaughan, CEO of Cointelegraph; Bobby Lee, co-founder of BTCC; Alex Mashinsky, the founder of Celsius Network; and Evgeniy Perevodchikov, a research scientist at Amazon.

Panel topics range from government blockchain initiatives to whether Wall Street is fighting cryptocurrency or embracing it. Michael Terpin, founder of Transform Group and CoinAgenda, and Tone Vays, a crypto and blockchain educator, will lead a discussion about when the ICO bubble will burst.

The show also features “BlockShow Oscar,” in which blockchain startups present their projects and compete for an award.

Crypto on Agenda at Mobile Payments Conference Chicago

The Mobile Payments Conference will draw crypto and blockchain enthusiasts to the Wyndham Grand Chicago Riverfront this week.

The conference, which begins Wednesday evening and ends Friday morning, will feature experts discussing the future of financial technology and digital payments. Speakers include Jack Connors, head of commerce partnerships at Google; Jim Ciortan, head of global business development and sales at PayPal/Venmo; and Jo Lang, offering leader of Blockchain Financial Solutions at IBM.

Ripple’s Welly Sculley and Loyaltyworx’s Doug Southerland will speak about blockchain technology, and José Diaz from Thales eSecurity will give a speech titled “Blockchain, Does Security Matter?”

Last Week’s Top News
Coinbase Gained 50,000 Users a Day Last Year

Coinbase’s CEO said the cryptocurrency exchange gained 50,000 users a day in 2017, although he wouldn’t say what the current rate of new customers is compared with a year ago. Read more here.
Playboy Sues Crypto Firm for Fraud, Breach of Contract

Playboy Enterprises, the parent of the magazine, is suing the cryptocurrency company that was supposed to develop a digital wallet that would pay consumers to watch Playboy’s content using a new coin. Read more here.
Blockchain Startup Axoni Raises $32M in Funding Round

The blockchain startup Axoni has raised $32 million in funding from a number of high-profile banks led by Goldman Sachs. The funding round brings the company’s total capital raised to $55 million. Read more here.

Facebook’s David Marcus Quits Coinbase Board

Facebook executive David Marcus is leaving the board of the crryptocurrency company Coinbase, reportedly to avoid the appearance of a conflict of interest. Read more here.

Michelle Rama-Poccia
Michelle Rama-Poccia has written financial news since 2001, covering everything from Latin American debt capital markets to the U.S. credit crisis. She began her career on the enterprise desk at Dow Jones Newswires, and was an editor and producer for Thomson Reuters before her stint as Fast Money, Strategy Session and Options Action producer at CNBC. Most recently, Michelle has worked as a contributing editor for TheStreet.com.