World’s Biggest Tech Corporation Microsoft Ventures Into ICO
The new ICO solution has been jointly developed by Microsoft Azure and Stratis – an ICO platform that offers KYC solutions, custom branding and support for different currencies.
With the development of cryptos, Initial Coin Offerings (ICOs) became one of the most popular ways to raise funds. To finance the technical development, the sale of tokens is organized before the cryptocurrency is released. In other words, ICOs are alike to an Initial Public Offering (IPO) in which investors purchase shares of a company.
Lately, there has been not much news related to ICOs, however, that does not mean this form of raising money has suddenly died. Recently, one of the world’s biggest tech corporations – Microsoft – has ventured into it, giving a handle to hot discussions and rumors.
A new ICO solution has just been launched on top of Microsoft Azure cloud platform. Microsoft Azure and Stratis have reportedly partnered to introduce the Stratis ICO Platform which is expected to enable initial coin offering projects to run a secure and flexible web-based application and manage the distribution of tokens.
Moreover, the Stratis ICO platform acts as the launching pad for new tokens and allows buyers to earn a proportion of the tokens by making contributions in either Bitcoin or STRAT, Stratis’ native token, as Stratis has also integrated Changelly into its application. continue reading...
Source: Coinspeaker
Warren Buffett: Bitcoin Is a Delusion That Attracts Charlatans
Berkshire Hathaway CEO Warren Buffett defined Bitcoin (BTC) as a delusion and said that it attracts charlatans, according to an interview with CNBC published on Feb. 25.
Buffet, a known Bitcoin critic, has previously said that buying Bitcoin as an investment is a gamble, and that no one know exactly what the top cryptocurrency is.
When asked if he changed his mind concerning Bitcoin in the CNBC interview, Buffett answered saying that he did not, and that “it is a delusion, basically.” During the conversation, he also pointed out that Bitcoin has no unique value at all, since “blockchain does not depend on Bitcoin” and it does not produce anything.
Buffet further explained:
“You can stare at it all day, and no little Bitcoins come out or anything like that. It’s a delusion, basically.” continue reading