Startup Funding

Menu
Subscribe
Search

November 29, 2017

How to Run an ICO-Cybersecurity Best Practices

Fundraising, Investing /

Cybersecurity is now a key part of business operations across all industries, especially so for Initial Coin Offerings (ICOs).  It has become a concern for ICOs because of recent, high profile hacks – in particular the loss of approximately $40 million worth of digital currency for the DAO, a decentralized venture capital firm built on the Ethereum network, that was hacked as a result of a security flaw. ICOs must maintain a high level of security which requires attention from anyone running an ICO. The initial reaction among many who learn of a hack is, “I thought the blockchain could not be hacked.” Hacking a well-established blockchain such as the Ethereum or Bitcoin network would still require a tremendous amount of computing power so it is virtually impossible. Instead hackers go after the point of weakness which is the entry points for transferring funds into and out of wallets and exchanges. For those running an ICO, it’s important to take specific steps to prevent scammers. For example, it’s important not to post to an ICO directly with tokens you hold on an exchange as this can easily be hacked.  Also, scammers spoof the ICO with similar looking web pages, and accounts.  Many ICOs today give very specific instructions on how to place tokens on the site for the ICO. One strategy is to take email addresses for those interested in funding the ICO and then when the pre-sale/crowdsale starts, provide funding instructions only to those who signed up.  By displaying the funding instructions on the website you invite hackers to attack your site.   Hall T. Martin is the founder of TEN Capital and a builder of entrepreneur ecosystems by startup funding through angel networks, funding portals, syndicates, and more.  Connect with him about fundraising, business growth, and emerging technologies.     If you are interested in tracking a startup, you can sign up for TEN Capital’s Monitoring service which tracks key startups and provides information about their revenue, earnings, and other key financial information.  The first 3 companies are free for 6 months. Signing up as an investor with TEN is easy and free. Visit our Investor Page and sign up now! If you have any questions, please contact us at info@tencapital.group.

How to Run an ICO-Cybersecurity Best Practices Read More »

Top 5 YouTube Channels for Cryptocurrency Investors

Other /

Though Bitcoin was first launched in 2009, cryptocurrency remains a hot topic on the rise. As of November 2017, there are approximately 1,324 types of cryptocurrency available online. If you are new to the ICO world or already an investor, there is a lot to learn and keep up with. We’ve come up with a list of the top 5 cryptocurrency YouTube accounts to help navigate the world of cryptocurrencies and everything that comes with them.     Crypt0: This YouTube channel has over 63,436 subscribers and regularly posts videos covering all things cryptocurrency. Crypt0 calls itself the home of cryptocurrency news and is run by a stock investor as well as an Ethereum Miner and Bitcoin enthusiast. DataDash: DataDash has 108,920 subscribers and boasts of being a “one-stop shop” highlighting cryptocurrency and global trends. Their videos include everything from late-night live streams to weekly updates on cryptocurrency. Boxmining: This channel has 90,016 subscribers and discusses trends in the market. They share daily updates in short, easy to understand terms. Savage Cash: Self-proclaimed Superhero Cryptocurrency Expert runs this channel with 60,950 subscribers. This channel shares informational videos that help people learn cryptocurrency as well as how to trade, invest and analyze the market in a fun and easy way. CryptoTips: CryptoTips has over 23,000 subscribers and shares videos about upcoming ICO’s, new coins, and hacks and scams to look out for. They also share insights on how the economy affects digital currency. Interest in cryptocurrency is growing quickly and with so much information out there, we hope this helps give some insights on trends and news in the industry.   Liza Dickinson is a freelance virtual assistant, writer, and master of keeping people organized. She coordinates TEN Funding events and manages TEN social media outreach.        If you are interested in tracking a startup, you can sign up for TEN Capital’s Monitoring service which tracks key startups and provides information about their revenue, earnings, and other key financial information.  The first 3 companies are free for 6 months. Signing up as an investor with TEN is easy and free. Visit our Investor Page and sign up now! If you have any questions, please contact us at info@tencapital.group.

Top 5 YouTube Channels for Cryptocurrency Investors Read More »

Scroll to Top