During the week of July 23-29, 13 ICO has been completed. Only three of them failed to collect softcap. The total fees amounted to $95.4 million, which is 1.65 times more than the previous week. The number of completed ICO decreased by 1 project: from 14 to 13 per week.

Fraudulent actions and hacker attacks on the ICO and cryptocurrency market, which became known from 23.07 to 29.07.2018.

KICKICO – project’s network, working on the Ethereum protocol was hacked on July 27. The attackers managed to steal more than 70 million KICK tokens worth $ 7.7 million. Hackers gained direct access to the platform’s smart contract by stealing a private key. By controlling access to the smart contract, the criminals destroyed 40 existing addresses and created 40 new accounts with identical balances. Since the stolen funds were not destroyed, but simply reproduced, the total volume of KICK tokens remained unchanged. A few hours after the incident, the KICKICO team was able to regain access to their smart contract and replaced the compromised key with the private key of their cold wallet to protect the network and users’ funds. The team stressed that the owners of 40 affected accounts will get full compensation of their losses.

The announcement of ICO projects from 30.07 to 05.08.2018

Digital Rating Agency analysts have selected 5 most attractive projects, pre-ICO or ICO of which will start from July 30 to August 5, 2018.

1. FOAM Protocol, the ICO starts on 31.07.2018. Category: Blockchain Service. DigRate assessment is missing. FOAM Protocol is an open decentralized protocol for the location-based data market. The goal of the project is to create an infrastructure that is an alternative to GPS and Google maps. Each physical address in the system will have a corresponding smart contract address in the Ethereum blockchain and will be available to decentralized applications.

2. WRIO, the ICO starts on 31.07.2018. Category: Communications. DigRate assessment is missing. WRIO Internet OS is a decentralized platform on the Ethereum blockchain for cloud and distributed applications that creates a secure browser-controlled operating system. The main advantages of the platform will be: security and privacy – protection from spam, malware and viruses; full control of personal data on the blockchain; user-defined set of applications with a unified intelligent interface; user-oriented web browser 3.0; full access to censorship-free Internet with support for Dark Web: VPN, Tor, I2P, etc.

3. DREP, the ICO starts on 01.08.2018. Category: Blockchain. DigRate assessment is missing. DREP is a blockchain platform that allows various Internet platforms to form and monetize their reputation indicators. DREP creates an ecosystem consisting of a scalable network, a reputation-based protocol and a set of tools for Internet platforms.

4. EMX, the pre-ICO starts on 01.08.2018. Category: trading and investments. DigRate assessment is missing. EverMarkets Exchange is a decentralized hybrid trading platform that combines traditional financial markets with the cryptocurrency market. Using the EMX tokens, traders will have access to trading derivative instruments such as futures contracts for cryptocurrencies and traditional instruments such as stocks and bonds, without the need to convert funds into fiat.

5. TraXion, the ICO starts on 01.08.2018. Category: Finance. DigRate assessment is missing. TraXion is a banking platform on the IBM Hyperledger Fabric blockchain technology. TraXion plans to offer traditional financial products in the blockchain environment, creating an ecosystem for cryptocurrency payments, peer-to-peer lending, money transfers, savings, insurance and investments. At the moment, the project already has four ready-made modules: a platform for payments, a wallet, a platform for personal finance and a fundraising platform.