Dubai based Royal Kingdom Enterprises launched it's (RKC)
RoyalKingdomcoin on July 11, 2017 in it's fourth phase the reported timeline for crowdfunding raising. The company plans to develop projects that will be focused on blockchain technology and smart contracts for business solutions. In line with the city's smart goals of becoming the blockchain capital of the world, Dubai has mandated that all government entities be operated using blockchain technology in the very near future.
2017 has seen ICO launch around the world set record amount for capital being raised in this new spin on crowdfunding, for small tech companies wanting to get off to a fast start, this is clearly the way to go.