VISA-BACKED CRYPTO PROJECT TO LAUNCH ‘FAIR’ TOKEN OFFERING INSTEAD OF ICO

Summary from the TLDR Crypto newsletter

Web3 entertainment platform Playbux is planning to raise $150,000 via a token sale. It will allow pre-listing access to its engaged users through a fair community offering, managed by crypto investment platform Raiser. This novel fundraising method works by ranking users for investment opportunities based on their platform activity. Aiming to circumvent the fraud risk inherent in ICOs, this method offers an alternative community-driven fund-raising mechanism.