Crowdfunding Monitor

Augur

Last week the project raised additional $600k. The pace of sales is impressive, but as there will be no discounts anymore it is interesting to see how this will affect crowdsale.

Preliminary results are the following:

• Raised: 14,165 BTC and 1,066,132 ETH
• Number of backers: 3,893

Crowdsale is available at: http://sale.augur.net/

Spells of Genesis

Crowdsale of the BitCrystals is finished and results are the following:

• Raised: 932 BTC
• Tokens sold: 13,438,000 BCY (22,4% out of 60,000,000 BCY)
• Number of backers: 406

Results of the crowdsale are available at: http://bitcrystals.github.io/

Unfortunately SoG didn’t get enough money to develop a multiplayer mode (1,150 BTC) and it’s a problem that I discussed last time.

The second issue is inability to inspect funds raised at crowdsale. SoG didn’t publish crowdsale genesis address. I think that every project which makes crowdfunding using blockchain must disclose public keys to ensure transparency as Ethereum, SAFE Network, Bitshares, others did.

Anyway, congratulations on the sale and good luck in development!

cyber•Fund Portfolio

Last week brought us good results, our Portfolio has increased by +5 BTC and +$1,400 in USD terms.

Moreover, we changed a structure of our Portfolio. The reasons for this change were the following:

• Ethereum found its “fair price” and there is no reasons for growth in the short run
• Prices on BitShares and MaidSafeCoin, the assets with strong growth potential, were close to historical minimums
• Lack of funds to invest in the assets that we like
• Strong dependency on Ethereum (ETH comprised more than 50% of our Portfolio and had to be diversified).

We sold part of our ETHs and went to a market. That’s what we bought:

BitShares

BitShares price reached its historical minimum (this year the price has fallen by 4x). However, there is a high probability of price growth with launch of BitShares 2.0. Just take a look at the number of new accounts after announcement of BitShares 2.0 on July 6, 2015:

By the way when this post was being written the Bitshares trading volumes grew significantly and price increased by more than 40%. Luckily, we bought BTS at price ~0.0000145 BTC

SAFE Network

MaidSafeCoin had also an attractive price and given the fact that developers rolled out the first version of installers (read Dev Update) it was a good idea to buy MAID at 0.000088 BTC per token.

Now we are waiting for the full implementation of Dev Bundle 1. I think that this step can push the price up.

Crypti

A new promising project attracted our attention.

@21xhipster: Project’s focus is on DApps. Crypti guys want to deliver a solution to huge community of Node.js fans. Moreover, recently Node.js was united with its fork io.js. So now without exaggeration they are working with the most popular language for development. Crypti approach is to combine core chain management using DPOS and give developers ability to launch sidechains for DApps that run with the help of Node.js. There is almost no details, but idea seems feasible, well targeted and doable. Let’s see happens it or not.

We added 80k XCR in our Portfolio.

Sia

About this project I wrote in the previous post. Distributed storage has great potential and I think that purchase of the tokens at an early stage will bring us good dividends in terms of the decentralized storage.

Qora

This project is a “dark horse”. There is no whitepaper disclosing “new proof of stake” consensus. But its code is open, network is running and has well documented API. Most remarkable is that Qora guys found a way to serve websites directly from its blockchain and have been already doing it! You should think about that.

cyber•Fund

@21xhipster: cyber•Development is going well. Portfolio and Profiles have been released last week. cyber•Fund has no operating revenues and external funding yet, so Satoshi•Fund continues to absorb CFUNDs.

This week we increased volume of the CFUND tokens in Portfolio. So our Portfolio bought additional 4,595 CFUNDs by price ~$0.3 per token.

Where did we take a valuation of the tokens?

There is an agreement among the founders of the cyber•Fund that when we will finish MVP $1M evaluation should be established, and none of us will sell his/her shares cheaper. At the moment risks are substantial, thus Satoshi•Fund gets 70% discount.

Also it should be noted that price of the CFUND tokens in the portfolio is counted by an average purchase price in order to not overestimate the volume of portfolio.

More details about the portfolio structure and performance you can find in

Portfolio Performance Table

From the Cyber Battlefields

Factom

This week project made a very important step: guys made a soft launch and Genesis Block was generated on September 1st. This means that Factom platform is now alive! According to the records in the Factoid Block, the Genesis includes information about ownership of Factoids.

Also to celebrate the launch the founders have secured “The Universal Declaration of Human Rights” in 443 different translations on the bitcoin blockchain. More info you can find in the Factom’s blog post.

NeuCoin

On September 1st NeuCoin launched a beta version of the network. The beta version of a wallet is available at https://beta.myneucoin.com/. Every beta tester will receive 10,000 test NeuCoins.

According to a blog post Neu’s team also launched bounty program with a budget of 5,000,000 NeuCoins for feedback and bugs’ catching.

This is a great news because guys have only month to deliver a working network or all the funds raised during crowdsale should be refunded.

Be calm and patient, analyse, think long-term and profits will come!