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The OIC's regulations remain the crypto-scene gray zone despite recent OIC bans in China and South Korea as well as other countries trying to Establish regulatory lines on cryptocurrencies and ICOs. However, there are projects that are ready to take the first step on their own.
Prediction Markets LTD, a London-based company that is developing a new decentralized prediction market platform based on the Ethereum-Moirai Smart Contracts, has made a serious effort to become one of the first ICOs legally regulated on the market. The company has submitted several license applications required to provide gaming and software services in the United Kingdom. The company expects licenses to be obtained by the end of the year, just before the end of its public sale.
"… Considering the increasing number of similar projects in the crypto world, a license like this one is sure to become a rare asset in the near future.We thought that getting the licensing as soon as possible would give us competitive advantage over our competitors and give us more credibility in the future.For us, it's a big step forward to make the platform Moirai is a truly global and public prediction market, "said Gary Taylor, CEO of Moirai, adding," … now that we have a few steps forward on this issue, we can focus entirely on the development of final product and the acquisition of the user base instead of worrying about the license in the future. token to strike the market "
Obtaining this license prior to the launch of the product could prove to be a very wise and interesting decision for Moirai and its potential investors, given the examples of previous ICO projects that had to acquire the necessary licenses for the final launch of their product, and therefore have a negative impact on the market value of the project.
Moirai is a new approach to predict future events using a collective power of intelligence – According to many scientists and futurists – open source collective intelligence will eventually produce superior results in many results. One of the main results is the prediction of future events.
Details of the upcoming Moirai ICO campaign
Abbreviation of Token: ME
Cap capped at capitalization: $ 5,000,000
Minimum: 1,000,000 USD
Total amount of MOI issued: 660,000,000
Pre-ICO of Moirai starts on 28/10/2017 12:00 UTC
Moirai Pre-ICO end date 10/11/2017 23:59 UTC
ICO Start date: 30/11/2017 @ 12:00:00 UTC
ICO End date: 30/12/2017 @ 23:59:59 UTC
Bonus: First day 10%
Currencies accepted: ETH, BTC
NOTE: DO NOT send any currency to anyone who contacts you claiming to be associated with Moirai or OIC Moirai. The Moirai team will never contact users directly with offers. Instead, be sure to check carefully the URL of the website, https://ico.moirai.io .