The Norwegian mining company Intex Resources ASA has announced its plan to launch the first ICO for an asset-backed token. Companies are Turning to ICOs for Fundraising Initial Coin Offerings have become the new popular method for companies and startups to raise money. This year most prominent ICO was conducted by the Canadian-based messaging app Kik. The token sale by Kik, which is also called Kin, was able to raise the amount of $125 million in a matter
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