SlideshowBlockchain Bulletin: To Berzerkeley & Beyond

The city of Berkeley, Calif., is exploring the launch of an initial coin offering to raise funding for affordable housing, as it faces the threat of being cut off from federal funding by President Donald Trump, who has threatened sanctuary cities and specifically targeted Berkeley in tweets. What Berkeley is doing is basically a high-tech version of a municipal bond offering, with blockchain 'tokens' standing in for bond certificates, streamlining the investment process and adding some sexy blockchain razzle-dazzle to an otherwise boring investment. Photo: [GFDL] or [CC-BY-SA-3.0], via Wikimedia Commons
The city of Berkeley, Calif., is exploring the launch of an initial coin offering to raise funding for affordable housing, as it faces the threat of being cut off from federal funding by President Donald Trump, who has threatened sanctuary cities and specifically targeted Berkeley in tweets. What Berkeley is doing is basically a high-tech version of a municipal bond offering, with blockchain "tokens" standing in for bond certificates, streamlining the investment process and adding some sexy blockchain razzle-dazzle to an otherwise boring investment. Photo: [GFDL] or [CC-BY-SA-3.0], via Wikimedia Commons

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Jesigne
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Jesigne,
User Rank: Lightning
4/25/2018 | 11:38:30 AM
Great news
I'am litte cautious about Bitcoin but I'm definitely bullish on the blockchain technology. I hope it's going to achieve some great things!
Ariella
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Ariella,
User Rank: Light Sabre
2/14/2018 | 11:15:30 AM
Re: ICO for a city?
@mhhf1ve yes, it does sound just like bond. Does it offer the usual tax benefits, I wonder.
mhhfive
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mhhfive,
User Rank: Light Sabre
2/12/2018 | 2:33:51 PM
ICO for a city?
Hmm Berkeley seems to just be doing a new marketing spin on a municipal bond? So as long as a normal bond for the city would work.. an ICO should work too. Right?
mhhfive
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50%
mhhfive,
User Rank: Light Sabre
2/12/2018 | 2:31:09 PM
Re: Everipedia
Hmm. Given that Wikipedia already accepts bitcoin.. how is Everipedia different or better? There have been a few attempts to copy Wikipedia with for-profit or other motivations -- and they haven't worked out. So I'm highly skeptical of Everipedia... Unless there's some reason that whatever it's doing is different/better than previous efforts? I assume it will pivot its mission....
Susan Fourtané
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Susan Fourtané,
User Rank: Blogger
2/10/2018 | 10:36:33 AM
Everipedia
Wow, Mitch. Everipedia raised $30 million for its blockchain-powered crowdsourced encyclopedia? I think that if we check in ten years’ time, as you suggested, we are going to see that Everipedia is still alive. And perhaps a new Xpedia has emerged from some evolution of Blockchain.
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