As the Initial Coin Offerings of many of the new tokems continue I would like to give you an update on the progress of the crowdfunding of some of them. Here is my post on the Ongoing ICOs Update – May 23 2017.
Monaco Visa (MCO)
The details of the Monaco Visa (MCO) ICO are as follows:
Start time: May 18th, 2017, 9:30 UTC
End time: Jun 18th, 2017, 9:30 UTC
Price now: 140.0 MCO / 1 ETH
Minimum funding goal: 5,000 ETH
Soft cap: 150,000 ETH Hard cap: 888,888 ETH
At this point the MCO contributions are at a total of 18,234.47 ETH or $2,956,784. The total number of MCO issued so far is 2,661,549.47 with 1,423 participants. Although Monaco reached its minimum goal pretty quickly it is still at a distance from the next price increase at 30,000 ETH and its soft cap of 150,000 ETH. As I posted previously, the CEO Kris Marszalek said that there is much more contributions to come as the ICO was announced with short notice and they are ramping up the marketing campaign. He also anticipates the introduction of the ICO to the Chinese market to drive contributions hard.
STORJ Cloud Storage (STORJ)
The details of the STORJ ICO are as follows:
Start Time: May 19thy, 2017, 3PM UTC
End Time: June 19th, 2017, 3PM UTC
Price: 1 STORJ / $.50
Funding Goal: $30,000,000 or 60,000,000 STORJ
The STORJ ICO got off to a rapid start, mainly do to the pre-sale of over $15,000,000. Even so, the momentum has been swift. As of now the total contributions for STORJ is around $29,000,000. It looks like the ICO will close way before the set end time of June 19th. At this rate it should close in the next day or so.
Quantum Resistant (QRL)
Quantum Resistant Opened their Pre-Sale ICO on May 1, 2017 with a closing date of May 24, 2017 with the following milestones set:
$500k: threshold for open (presale & ICO) offering
$1M: tier 1 development target
$2M: tier 2 development target
$4M: hard cap
Quantum Resistant has raised $4,068,202.53 already and the pre-sale is closed.
ZrCoin (ZR)
ZrCoin is an application for investing in synthetic zirconium dioxide (Synth. ZrО2), which is traded on the global market of refractories.
Start time: May 11th, 2017
End time: June 9th, 2017
The price of Zr ranges from $1.40 per Zr to $1.55 depending on the day of the ICO you Invest.
Their goals based on the opening of two plants in Magnitogorsk:
First Plant – $3,500,000
Second Plant – $7,000,000
As of today they have raised $1,942,158 from 1,473 investors. With about two and a half weeks still left on the ICO, they are more than half way to their first plant.
Ongoing ICOs Update – May 23 2017