ICO Daily (8 Dec): Cryptokitties Crashes Ethereum – ICOs Can’t Launch

Cryptokitties Leads to Ethereum Congestion, ICOs Can’t Launch

Less than three days after CoinJournal reported that a digital cat on CryptoKitties was sold for $117,712, CryptoKitties has become the largest decentralized application on the Ethereum protocol, accounting for more than 13 percent of the network’s transactions.

The popularity of CryptoKitties has peaked to the point that initial coin offerings (ICOs) can no longer launch on the Ethereum protocol due to network congestion caused by the sale and trading of digital kittens on CryptoKitties.

ICOs account for a significant portion of the Ethereum network’s daily transaction volume. In June, the Ethereum network could not handle Bancor’s ICO, which raised $153 million in less than three hours. Within a three-hour span, $153 million worth of Ether was transacted. The abrupt increase in the number of Ether transactions clogged the network and disabled other applications from running.

 

Today’s Reading List:

Check Out Our Informative ICO List
Australian Stock Exchange Will Become World’s First to Adopt Blockchain
Bulgarian Government is Sitting on $3 Billion in Bitcoin
• Ron Paul’s Survey: Over 50% Favor Bitcoin as Long-Term Investment
Playkey ICO Raises $10.5 Million for Cloud-Powered Gaming

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New ICOs

NAMESTARTING DATEICO CAPCURRENCYAMOUNT RAISED% OF CAP
ICOs STARTED YESTERDAY (07/12/17)
Swissborg07/12/1750,000,000CHF
RETN07/12/17539,500ETH
TokenPay07/12/175,000BTC501.00%
DreamTeam (Presale)07/12/1738,610ETH
RAISON (Presale)07/12/1740,000,000EUR
SocialMedia.Market07/12/1712,500ETH1,0348.27%
Debitum Network (Phase A)07/12/17250,000ETH
Eristica07/12/1710,000,000USD
Fortitude Ranch07/12/1715,000,000USD
BITCAPTERA07/12/1710,000,000USD
Narrative07/12/1740,000,000USD
EBCoin07/12/17125,000ETH43,47834.78%
IUNGO07/12/1741,026ETH
Trade.io07/12/17305,556ETH27,4588.99%
ICOs STARTING TODAY (08/12/17)
Spectiv08/12/1740,000,000USD
Digit Coin08/12/1720,000,000USD
Algory Project08/12/1760,000ETH
SingularityNET08/12/17TBDTBD
Tigereum08/12/1725,641ETH
Vector 08/12/17132,000ETH
Luven Diagnostic08/12/17103,448ETH
ICOs STARTING OVER THE WEEKEND (9 – 10 December)
FamilyPoints09/12/17UncappedUSD
Rothscoin10/12/1710,000,000USD
CoinCasino10/12/175,435ETH
Gaze Coin10/12/1735,000,000USD
Symmetry 10/12/17500,000ETH
TravelChain10/12/1721,368ETH
ETMtoken10/12/17100,000USD
CoinHealth10/12/1715,250,000USD
Aworker10/12/17148,937ETH
Devery10/12/1721,368ETH
Fund Platform10/12/179,750,000USD

Recently Closed ICOs

NAMESTARTING DATECLOSING DATEICO CAPCURRENCYAMOUNT RAISED% OF CAP
Galaxy eSolutions (Presale)17/11/1707/12/1725,000ETH7933.17%
Aphelion15/11/1707/12/1722,000,000USD3,584,83216.29%
CycloShieldCoin (Presale)01/12/1708/12/172,000ETH1005.00%
Holy Coin24/11/1708/12/1710,000ETH3,00330.03%
JboxCoin08/11/1708/12/1766,667ETH180.03%
Tokenza08/11/1708/12/17142,500ETH
Universa28/10/1708/12/17100,000,000USD22,977,23022.98%
Crowdwiz24/10/1708/12/1720,000,000USD5,870,84629.35%

Tokens Listed on Exchange

NameTicker SymbolExchangeListing DateICO Closing DateStart Trading PriceICO PriceChange since ICOCurrency
Cappasity(CAPP)HitBTC06/12/1719/04/180,000080,00003+192.92%ETH
Bonpay(BON)Cryptopia06/12/1728/11/170,003090,002+54.26%ETH

Ongoing ICOs

See the Full List of Ongoing ICOs Here

 

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