Topic: 🌐[ANN][PRE-ICO][ICO] MADANA FIRST MAJOR ICO ON LISK. DATA ANALYSIS PLATFORM.🌐 - page 9. (Read 22725 times)

From the MADANA Twitter:

We are proud to announce that Postera Capital, the promoter of the first EU-regulated investment fund, is officially joining our Advisory Board. Their years of experience and insights into various branches of #business will accelerate MADANAs future development.

No caption necessary.

MADANA  WhitePaper
EUROPEAN DATA MARKET

Thanks for the share John. I love reading your Lisk and Lisk sidechain updates. This ecosystem is amazing.

Singapore — Blockhain Summit & MADANA Meet Up

Subsequently to our meet up in Moscow we took off to Singapore. After an exhausting 14 hour flight we finally arrived in our first stop of our South East Asia roadshow — the world’s epicenter for ICOs and other blockchain related projects — Singapore!


Singapore Blockchain Summit x MADANA
On the 28th of August we attended the Singapore Blockchain Summit where we made some very interesting connections with other blockchain projects and blockchain supporters from all over the globe.


MADANA at The Blockchain Hub office in Singapore
The very next day we had a highly productive meeting with the guys from The Blockchain Hub at their office — huge thanks again to them for inviting and hosting us!


Singapore Meet Up
After our meeting with The Blockchain Hub we instantly headed over to the very cool and hip venue for our meet up. We were able to auspiciously present our endeavours for MADANA to the Singaporean blockchain community — which showed up in numbers and made our presentation a very interactive one due to all of the questions and interest they had in our project. Huge thanks to all of the attendees.

Bangkok — Block Hedge Asia & MADANA meet up

Bangkok, Thailand
Subsequent to four awesome days in Singapore we took flight to Bangkok, Thailand. We were very surprised at just how progressive Thailand is in regards to blockchain and cryptocurrency acceptance.


Block Hedge Asia x MADANA x Lisk
On August 31st we attended the exclusive Block Hedge Asia event at the Hyatt Hotel. There we were able to exchange valuable information with industry leaders and experts — not only from the business side but also from the regulatory side.


Bangkok Meet Up
On the following day we conducted our Bangkok Meet Up where we carried over the momentum from the Block Hedge and continued our discussions in a more private atmosphere where we welcomed valuable guests, such as DragonEx.

A funny little tidbit of side information, whilst trying to get to our meet up venue we were not able to find a taxi and the monsoon rain was in full effect. In order to not be late to our own event we only had one choice — pack all our banners, drinks etc into the famous Bangkokian Tuk Tuk, squeeze together and off we went


MADANA x Tuk Tuk
Ho Chi Minh City — MADANA Meet Up

Ho Chi Minh City, Vietnam
Our last stop of the Roadshow was Ho Chi Minh City, better known as Saigon. Vietnam’s crypto and blockchain market is most definitely emerging in a very rapid way and we could most definitely feel it during our meetings as well as our meet up:


Ho Chi Minh City Meet Up
Due to the already existing enthusiasm that persists within the Vietnamese blockchain community it was a mere joy for us to educate and talk all things MADANA and blockchain with them. It was definitely a great way to close out our Roadshow.

Take Aways
Prior to departing for the roadshow we set ourselves clear goals. We are constantly working hard on making the MADANA brand globally known. This roadshow was a big step towards achieving this goal. We need to build up communities throughout the different countries and regions of the world — hence we also started our ambassador program (find out more about it here: https://blog.madana.io/the-madana-ambassador-program-216b2f1c395f)
This roadshow was a huge success in this regard, Alexey Usanov — our new ambassador for Russia, is the prime example for this. Also in Singapore, Bangkok and Saigon we met several potentially great fits to fill out our ambassador slots for these regions so stayed tuned to find out more about this and the ambassador program as a whole in the coming weeks.

Another goal was to raise awareness and educate the different communities about MADANA as well as data privacy and blockchain in general. Based on the feedback, passion and sheer enthusiasm from the attendees of our meet ups we can confidently say that we successfully achieved this goal

All in all our Summer Roadshow was vastly successful. We were able to set foot and show flag in the Russian and South East Asian markets. Furthermore we made several very important connections, both business wise but also community wise. We are now back at our headquarters in Berlin, Germany and will most definitely use the momentum we brought with us to make MADANA a globally known brand.

If you would like to keep track of our progress and stay up to date:

Join the MADANA Community
Twitter: https://twitter.com/madana_hq
Telegram: https://t.me/madanaofficial
Reddit: https://www.reddit.com/r/MADANA
Facebook: https://www.facebook.com/madana.io
Linkedin: https://www.linkedin.com/company/madana.io

2018 is some kind of boom with everything related to big data, came out a huge variety of projects that always want to help you make money on your data, ufff sometimes comes to the absurd... But of all the existing projects I liked your ICO, finally, did a strong team of professionals gets down to business!

From the 22nd of August up until the 8th of September part of the MADANA team, including our CEO Christian Junger, hit the road to present as well as educate the different communities about Lisk, MADANAs vision and the technology behind it. The destinations were Moscow, Singapore, Bangkok and Ho Chi Minh. In this blog post you will find a rehash of the events that transpired in each of the locations.

Moscow — Crypto BBQ & MADANA Meet Up



We would like to preface that our Moscow trip wouldn’t even have even been half as successful without the help of our Russian ambassador Alexey Usanov. He did an amazing job helping us organize as well as conduct our trip to beautiful Moscow.



On the 23rd of August we attended the Crypto BBQ. The location was absolutely stunning and right next to the water at the Berezy Park a little ways outside of downtown Moscow. A lot of crypto enthusiasts showed up from all over the world and MADANA received a lot of positive feedback.



Even though the last summer day of the year happened to fall on the same date as our meet up a lot of people showed up. All of the attendees were very interested in our project and Lisk and we had a productive networking session after Christian’s presentation.

Source: Medium

Anyone here know any fancy markdown?

MADANA featured on one of the largest German news sites!
PRESS
The following text was translated with www.DeepL.com/Translator from German into English.

Source: https://www.welt.de/print/die_welt/article181489796/ICO-Digitale-Finanzierung-mit-Risiko.html

ICO - Digital Financing with Risk
A kind of virtual IPO experienced a worldwide hype in 2017, viewed critically by supervisory authorities. The young German market can be particularly interesting for high-tech founders.

Simon Toprak was tired of searching for a new used car in his scarce spare time and comparing offers and prices. His business idea came to him when it was similar for friends when buying a car. And so in July 2016, he founded the Frankfurt company Trusted Cars, an online shop for new and used cars with TÜV value appraisals that are delivered to the door. Toprak is planning a new project with his company: The application "Trusted Cars Flex" is to offer its users a flexible hybrid of rental and leasing vehicles.

The app customer will be able to drive a well-kept car, including maintenance, insurance and vehicle tax, for as long as he likes, and exchange it for other vehicles without having to sign long-term contracts for "favourable weekly payments". The market launch is planned for the first half of 2019. Managing Director Toprak: "Many dealers want to participate.

The app is based on blockchain technology, which, for example, forms the backbone of the crypto currencies. The translated "chain of blocks" is a decentralized database distributed on many computers. For the new app, this means that the mileage, vehicle identification number and condition of the cars, among other things, are stored in the blockchain. The founder is currently collecting the money for the development of the app on the Internet: Investors receive a digital medium of exchange based on the crypto currency Ethereum. The company calls it "FLEX" and it will serve as a currency in the car rental app.

For his project, the founder uses an innovative, digital means of financing called Initial Coin Offering or ICO for short. The term is derived from that of the initial public offering (IPO). However, an ICO is neither legally nor technically comparable with a share issue.

The background is that at the ICO an issuer, often a young company, issues so-called tokens. These are digital means of payment or exchange based on a blockchain. The company sells its tokens against a legal currency such as the Euro or Dollar or against crypto currencies such as Bitcoin or Ethereum. The ICO of Trusted Cars Flex is to issue 500 million FLEX tokens with an initial price of seven cents each.

The Berlin startup Madana, founded in 2017, is also currently collecting money via ICO. The team wants to develop an open platform on a blockchain whose users can earn money with their data without losing control over it. Spokesman Julian Schiemann: "Data producers such as companies and private individuals, data analysts and buyers of data analyses who want to use them for product optimisation, for example, are to meet on the platform". The idea is to become a pilot project in 2019, and the "PAX Token" sold by ICO will be the currency on the platform.

Madana and Trusted Cars are not isolated cases. "In the first half of 2018, 13 of the 200 startup financing deals concluded in Germany were ICOs. That's five percent of all financing from young companies," says Peter Lennartz, Partner at the consulting and audit firm EY. Worldwide, ICO issuers had raised about six billion dollars in 2017 and more than twelve billion dollars in the first half of 2018. Lennartz: "But cyber attacks and money laundering have meant that some of this has been lost.

According to attorney Matthias von Oppen, the worldwide ICO hype of 2017 is over. "Supervisory authorities are taking a close look at ICOs as many projects have not been as successful as announced. And investors have become more critical," says the partner at the Ashurst law firm in Frankfurt.

In fact, many supervisory authorities are alarmed. The Federal Financial Supervisory Authority (BaFin) has been warning consumers since November 2017 that these are highly speculative investments, and the European Securities and Markets Authority (ESMA) has highlighted the risks of ICOs for investors and companies.

Ruben Bach, partner of the Frankfurt financing consultancy svs Capital Partners: "Following the international hype, ICOs are banned in ten countries. In my opinion, only the bans in China and Vietnam are relevant, since the Asian market is very active." Although ICOs are permitted in the USA, they are strictly regulated in some federal states, according to Bach.

According to its own statement, the BaFin deliberately did not ban ICOs because they could "represent a legitimate form of corporate financing", but only published a consumer warning. This raises the question of the extent to which the instrument can also benefit German founders. EY partner Lennartz assumes that, despite the current acceptance problems, an ICO can become a serious alternative to venture capital financing for young block-chain companies: "It can be flexibly structured, investors can be found worldwide, they have no say and new investor groups are being approached.

According to Tobias Schulz, the High-Tech Gründerfonds (HTGF) in Bonn has so far only lost one deal because the start-up preferred an ICO. "But this will certainly not remain an isolated case. There will be business models that no longer need venture capital, but will conduct an ICO directly via their online community," says the investment manager. This is especially true for well-networked start-ups or those that are already somewhat more advanced. Currently, three young companies from the HTGF portfolio are planning an ICO.

What should founders who are considering an ICO know? Ashurst partner von Oppen: "The utility token that provides access to services dominates the market. In this segment, however, many business models have failed, and there have been many black sheep among the issuers. It is often most attractive for founders to issue so-called security tokens of a securities nature." They could, for example, be structured like a block-chain share. There is still no Security Token ICO in Germany, as these are more strictly regulated than utility tokens - they are subject to the supervision of BaFin. But various companies are preparing themselves according to von Oppen.

For the mortgage consultant Bach from svs Capital Partners, the "vast majority of tokens" are basically securities: "Most of the utility tokens issued so far, which provide access to a platform and are tradable, probably fulfil the character of a security. In the worst case scenario, supervision could then prohibit their trading at some point. "He therefore recommends to companies planning an ICO the security-like, legally compliant variant of the Security Token ICO.

The sticking point for founders is the high costs. "It's very difficult for a real start-up company to stem a legally compliant ICO," says Bach. He has calculated an example: Assuming that a start-up company with a prototype in a new technology that generates at most low revenues wants to collect 15 million euros from a private placement using a Security Token ICO. This requires relatively little online marketing. Nevertheless, the company would have to fork out just under 480,000 euros for the project.

355,000 of which would be fixed costs, including project management, international legal and tax advice, creation of the website and programming of the token. A further 125,000 euros plus variable payments of between five and eight percent were incurred for raising the money. Bach: "At least 150,000 euros should be available before the start of the ICO. This makes the project self-financing. I recommend blockchain founders who are planning a professionally managed ICO to look for two to three business angels who will give them around 500,000 euros for ten percent of the company's shares."

One day, ICOs in Germany could also reach investors to whom Bitcoin and Co. are previously unknown. After all, the Stuttgart Stock Exchange group is planning an ICO platform with transparent processes for issuers and investors from 2019. Dirk Sturz, Head of Primary Market at the Stuttgart Stock Exchange: "Many established companies want to test this financing. In the long term, the ICO has the potential to replace the classic IPO."

Check out this MADANAvideo with Jan Liz-Fonts, former Lisk commnunity manager

Russian Ambassador, Alexej hard at work during Crypto Expo Expo Moscow; networking, evangelizing, and even sitting on a panel with Houbi and NEM. EXCELLENT WORK!

If you want additional information and live access to team members, a great place to join is the MADANA Telegram. Join the conversation https://t.me/madanaofficial

Incredible work!

DID YOU KNOW?

Big Data is forcasted to reach almost 50 billion dollars in revenue just next year? That figure will double within 7 years after that. (Source: Statista)

Just imagine the possibility if decentralized data processors can even capture a small portion of this market.

Blockchain, Bitcoin & Co. - MADANA and LISK at the Digital Church

This is a powerful video ft Max Kordek , Christian Junger, their amazing teams & their great vision;  be sure to check it out!

これはMax Kordek、Christian Junger、驚くべきチームと大きなビジョンを持つ強力なビデオです。それをチェックアウトしてください

BLOQspace is coming with quality content about MADANA

Bravo.

Check out this CoinDesk Consensus2018 Conference Recap video from the MADANA team:

MADANA  WhitePaper
DATA MARKET CONTEXT

The MADANA project already has an active community! The BLOQspace Group has reperesented the MADANA comminity at several events already and we are also curating content and being a catalyst to brand recognition. Just the other day we were at the World Famous San Antonio River Walk doing interviews and creating content for the MADANA community worldwide.