IMO miner

1. In recent years, the speculation related to virtual currency (such as ICO, IFO, IEO, IMO and STO) has been in vogue. The price has gone up and down, and the risk has gathered rapidly. Relevant financing entities raise funds from investors or virtual currencies such as bitcoin and Ethereum through illegal sale and circulation of tokens. In essence, they are illegal public financing without approval. They are suspected of illegal sale of token bills, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal crimes, which seriously disrupt the economic and financial order

on September 4, 2017, the people's Bank of China and other seven ministries and commissions issued the "notice on preventing the financing risk of token issuance", which cleaned up the ICO and virtual currency trading venues. The scale of domestic virtual currency transactions decreased significantly, effectively avoiding the impact of virtual currency prices on China's financial market.

2. Fixed investment is always ahead of hoarding money, and ETF has compound interest calculation, so it is obviously crushing.

3.

According to coindesk, a blockchain information website in the United States, investors of Xunlei (NASDAQ: xnet) in the United States have launched two class actions against it, claiming that the company has released false information to cover up the fact that the "blockchain" is ICO, which has greatly affected the stock price

these two lawsuits are also the first time that investors join hands to challenge the listed companies that have transformed their business into blockchain and cryptocurrency

at present, Xunlei is still in the loss range. On November 6, 2017, Xunlei released its latest financial report for the first quarter: total revenue was US $47.3 million, up 15.6% year on year and 14% month on month. The net loss was $25.6 million, compared with a net loss of $9.7 million in the previous quarter

thunderbolt is easy to use

4.

The two lawsuits are also the first time investors have joined hands to challenge listed companies that have transformed their businesses into blockchain and cryptocurrency

at present, Xunlei is still in the loss range. On November 6, 2017, Xunlei released its latest financial report for the first quarter: total revenue was US $47.3 million, up 15.6% year on year and 14% month on month. The net loss was $25.6 million, compared with a net loss of $9.7 million in the previous quarter

5.

On the evening of January 12, the China Internet Finance Association issued a risk warning on preventing disguised ICO activities, which pointed out that a model called "issuing virtual digital assets with mining machinery as the core" (IMO), represented by the issuance of Xunlei "chain Ke" (formerly known as "play guest coin"), should be vigilant and has potential risks

the Internet Finance Association of China appeals that consumers and investors should recognize the essence of relevant models, enhance risk prevention awareness, invest rationally, and do not follow blindly. For the IMO mode and all kinds of services that continue to run ICO and "virtual currency" trading places for domestic residents by deploying overseas servers, those found involved in illegal financial activities can report to the relevant regulatory authorities or China Internet Finance Association, and those suspected of crimes can report to the public security organs. Members of China Internet Finance Association should strengthen self-discipline, resist illegal financial activities, and not participate in any activities involving ICO or speculation of "virtual currency"

6. O is offering, which can be understood as IPO
ICO (initial coin offering). Initial token issue refers to the first time that blockchain projects issue tokens to the public, and raise mainstream cryptocurrencies such as bitcoin and Ethereum to obtain funds for project operation
IFO (initial fork offerings), which is a new token generated by bifurcating bitcoin and other mainstream cryptocurrencies
IEO (initial exchange offers) refers to the issue of token with the exchange as the core; The token skips the ICO step and goes directly to the exchange
IMO (initial miner offers) refers to the first issue of tokens through the sale of hardware / miner.