Following an oversubscribed and successful pre-ICO last month, Gameflip, the veteran Silicon Valley gaming marketplace, has officially launched its highly-anticipated ICO. Crypto and global media have been buzzing about Gameflip, which has been highlighted as a prime example of a successful Silicon Valley startup turned ICO. Gameflip’s digital goods marketplace has 2+ million gamers with millions of USD in transactions each month. With FLIP, its digital token and ecosystem, Gameflip is extending its proven marketplace onto the blockchain — creating significant value for gamers and game publishers. With 2 million registered gamers and 500,000 active monthly users, Gameflip is already the industry’s most comprehensive digital goods
Cryptocurrencies and ICO Under Increasing Scrutiny While Stars Move In
Just a day after China raised the ban for ICOs all together, Hong Kong – the country that is a special administrative region of China – has voiced concern at the growth of ICO fundraising. “Those involved in an ICO need to be aware that some ICO structures may be subject to Hong Kong securities laws,” said Julia Leung of Hong Kong’s Securities and Futures Commission (SFC) . She also clarified that the regulations don’t simply apply to Hong Kong-based companies holding ICOs, but any entity worldwide that sells tokens to individuals based in Hong Kong. Just for a reminder, this week China’s central bank, issued a statement criticizing ICOs