Blockchain Report — 8/15/2018
By: Christopher Durr
Tags: Blockchain, News, ICO, Bitcoin, Cryptocurrency

Summary: Roger Ver Is Considering An ICO For Bitcoin.com; Fantasy Football League Looks To Raise $100 Million In ICO; Hong Kong University Receives $20 Million Research Grant For Blockchain Development

Roger Ver Is Considering An ICO For Bitcoin.com

According to Ethereum World News, Roger Ver has stated in a recent video that he is considering an ICO for Bitcoin.com. Ver is perhaps most associated with Bitcoin Cash (BCH) and is the current CEO of Bitcoin.com.

In the video published on August 11th, Ver and Bitcoin.com lead developer Corbin Fraser discuss the possibility of future developments related to BCH, such as the Wormhole Cash protocol. The Wormhole Cash protocol allows for the creation of tokens on the Bitcoin Cash platform, similar to ERC20 tokens on the Ethereum network.

Fraser said in the video:

“For better or worse, ICOs and CryptoKitties are probably coming to Bitcoin Cash in the near future.”

Ver then said that is considering an ICO for the Bitcoin.com platform:

“They’re probably coming to Bitcoin.com, too. We’ve been thinking about having our own ICO for maybe the games part of the platform; maybe we’ll issue a token and pay dividends or use part of the money… to buy back the tokens on the open market.”

Fantasy Football League Looks To Raise $100 Million In ICO

According to Coindesk, a blockchain startup called Crown League wants to raise almost $100 million USD to create a new type of fantasy football. The project owner said that they are seeking to create a new professional fantasy football league, with 12 teams initially.

The aim of Crown League is unite fantasy football fans by creating a single team, which everybody will be able to own. This ensures that for the first time people “feel like an owner”. These teams will be run and staffed by actual professional game managers and front office staff, and token holders will be able to influence decisions within each team. Token holders can also vote to hire or replace team managers.

Crown League founder Dan Nissanof said:

“We’re going to bring the league to life with events at the national level [such as] the draft. We’re going to bring together groups that share the same financial and emotional interest … At the local level we’re going to have events branded by the teams.”

The firm is expected to raise $30 million in a token pre-sale and $60 million through 12 “micro-ICOs”, each micro-ICO representing a different team.

Hong Kong University Receives $20 Million Research Grant For Blockchain Development

According to Coin Telegraph, the Hong Kong University of Science and Technology Business School has received a $20 million research grant to improve the security capabilities of electronic payment systems, which includes exploring blockchain technology applications.

The research will be coordinated by professor Tan Jiayin, whose role is “Strengthening Hong Kong’s Strategic Position as a Regional and International Business Center”, with a focus on blockchain, network security, and artificial intelligence (AI). The research will explore digital currencies

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