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The LPEA (Luxembourg Private Equity and Venture Capital Association) pre-Insights conference on Initial Coin Offerings (ICOs) that took place on Monday, 19 February 2018 gathered a number of start-ups and investors involved in ICOs. Nasir Zubairi, CEO of the LHOFT (Luxembourg House of FinTech), moderated two panels, the first of which presented the real case study of a start-up named Crypto.Tickets which managed to raise $2.5 million through an ICO.
Crypto.Tickets uses blockchain solutions to prevent ticket fraud and the unauthorized resale of tickets. Katerina Kirillova, Strategy Director at Cryptotickets, explained that “the step to raise funds through an ICO came naturally to us, since Cryptotickets is a blockchain-based business.” Some of the start-up’s previous...
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