At $200 million, Tezos ICO is already the biggest ever, and it's still going strong
Right now, Tezos — a blockchain startup you've probably never heard of — is raising money through an initial coin offering, or ICO. Tezos has raised $206 million in about four days, and the sale is scheduled to continue for eight and a half more days.
At this rate, raising half a billion dollars is not unimaginable.
Unlike many other recent ICOs, Tezos is not based on Ethereum. Instead, it operates on an entirely new blockchain, a "self-amending cryptoledger" that rewards developers who upgrade the network's protocols and allows for "seamless," consensual upgrades of those protocols (read the white paper here for a lot more detail). This makes it a competitor to Ethereum. Read more...
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At $200 million, Tezos ICO is already the biggest ever, and it's still going strong
Reviewed by mimisabreena
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Wednesday, July 05, 2017
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