InvestmentPitch Media's FinTech News Anchor Jay Addison Discusses Ethereum and New Initial Coin Offerings - Video Available on Investmentpitch.com

Vancouver, British Columbia--(Newsfile Corp. - June 29, 2017) - Ethereum, the second most popular cryptocurrency has been making headlines and giving Bitcoin a run for its money. Bitcoin has become viral this year after tripling in value, from US$1000 at the beginning of the year and peaking at US$3000.

InvestmentPitch.com has produced a "video" which discusses this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter "ethereum" in the search box. The video is also available on YouTube.

Cannot view this video? Visit:
https://www.youtube.com/watch?v=C1g2s8ucjTA

However, the real winner in the cryptocurrency industry so far has been Ethereum. The Ether token was trading below $10 at the beginning of this year, and skyrocketed to a high of over $400 so far. Ethereum is currently processing more transactions per day than Bitcoin, has over four times more transactions verifiers securing the network, and the transactions fees are less than a cent, something bitcoin's network has been struggling with.

Ethereum differentiates from Bitcoin by adding in programming functionality and the ability to create and host applications and whole platforms on top of the Ethereum network. New tech companies are developing their platforms on top of these decentralized networks and disrupting a variety of industries worldwide.

These platforms built on Ethereum network are utilizing Initial Coin Offerings (ICOs), the Blockchain equivalent of IPOs, to crowdfund their projects, where creators issue tokens instead of stocks. Tokens are not equity in a company, but normally have utility relative to the company's project and can be traded openly on cryptocurrency exchanges.

They have taken over as a new method of project fundraising, and over the last few months many ICO projects have raised tens of millions in a matter of minutes. The BAT token sale raised US$35 million in 30 seconds and Bancor network raised US$150 million in 3 hours, all in Ether.

EventChain, a platform creating Smart Tickets™, solving many of the problems prevalent in the current event ticketing industry, is expected to announce an Initial Coin Offering later this summer.

Eventchain SmartTicketing is expected to be one of the most widely used blockchain applications in the world, upgrading the industry to tickets with smart technology to prevent counterfeit ticketing, ticket scalping, and reduce processing fees. With the use of the EventCoin tokens and Ethereum, EventChain brings increased accountability, transparency, security and a whole new layer of technology to the event ticketing industry.

About InvestmentPitch Media

InvestmentPitch Media leverages the power of video, which together with its extensive distribution, positions a company's story ahead of the 1,000's of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

CONTACT:
InvestmentPitch Media
Barry Morgan, CFO
bmorgan@investmentpitch.com