Major Japanese crypto exchange Coincheck aims to launch its first Initial Exchange Offering project for Hash Palette, a content distribution platform for Japanese comic and graphic novels, anime and music by next March.
A once hugely popular social media site, Cyworld's abrupt closure brings uncertainty to holders of its recently launched crypto token.
The platform will "hand hold" hopeful crowdfunders through the token issuance, custody, development and governance process, according to CEO Brian Armstrong.
So far, initial exchange offerings are the hottest token fundraising trend of 2019.
Bitfinex shareholder Zhao Dong has detailed the timing and features of the exchange's potential $1 billion token sale.