GMO ICO? Bitcoin-Friendly IT Firm Announces Token Sale

GMO ICO? Bitcoin-Friendly IT Firm Announces Token Sale

Japanese IT firm GMO is adding another twist to its ongoing cryptocurrency initiative: a plan for an initial coin offering (ICO). The token sale was disclosed in an announcement on Tuesday. Though some of the finer details remain unclear, the company – which previously revealed plans to open up a cryptocurrency mine and an accompanying cloud mining service – is planning to use the token as part of a payment system for an upcoming series of products. In statements, the firm said that it would follow the applicable laws as it moves to launch and sell the token, explaining: […]