Ico

😎It’s time to take a look at our weekly news. Here were the biggest stories in cryptocurrency this past week:

✅Technology company Kodak announced that the KodakCoin ICO will begin on May, 21th. They plan to host the ICO on Cointopia and tokens will be distributed under SAFT contracts. The sale will be supported by Pickwick Capital Partners and Exemplar Capital. Before the issue with cryptocurrency exchange, LBank, Kodak planned to launch their ICO on Jan. 31, 2018 but delayed it before they opened the sale.

✅One of the first games backed by blockchain, CryptoKitties, collected $2 million from their investors, including top-rated companies such as Foundation Capital, Blockstar, and Coinbase ventures.
CryptoKitties is based on the new token standard, ERC-721. Moreover, it has its own marketplace in OpenSea that works as eBay for other games backed by blockchain.

✅Bloomberg launched a cryptocurrency index in collaboration with Galaxy Digital Capital Management largely in response to both companies’ clients’ continued interest in digital currencies and blockchain. The Bloomberg Galaxy Crypto Index will track the price change of the most liquid cryptocurrencies in the cryptocurrency market. BGCI will track the 10 most popular currencies, such as BTC, ETH, XRP, Monero, EOS, LTC, Dash and etc.
The two companies launched an index that was based on data collected by both companies from authoritative sources. As of now, they aren’t revealing any other details.
In addition, Michael Novogratz, the head of Galaxy Digital Capital Management, Tweeted: "This is an important piece of the architecture that institutional accounts need to treat crypto as a new asset class."