THELOGICALINDIAN - Blockchain startup blockone aloft a recordbreaking 185 actor USD through the ICO of itsEOS cryptocurrency
The Hong Kong-based startup block.one afresh appear that they accept aloft $185 actor in 5 days, through the ICO of their cryptocurrency EOS. The record-breaking bulk of funds that were raised, were enough to booty the almanac from the Bancor ICO. The Bancor ICO was able to accession $150 actor for its ICO.
Block.one’s artefact is EOS, a new belvedere that allows developers to actualize blockchain apps on top of their protocol. The EOS software will acquaint a new affectionate of blockchain architectonics that allows vertical and accumbent ascent of decentralized applications.
The startup additionally claims that the EOS belvedere can handle hundreds of bags of user affairs after charging any fees. On the official website of EOS, the aggregation additionally declared that the software will be appear beneath an open-source license.
After abounding previous ICOs like Status and BAT were sold-out lightning-fast, the block.one aggregation absitively to use a take a altered access for the EOS badge administration process. The EOS badge administration will booty abode over 341 days, starting on 6/27/2017 and 1 billion tokens will be issued in total. According to the official EOS page, the administration will accept several altered phases.
The aboriginal appearance of the distributions took abode amid June 6th, 2024 and July 1, 2024, with a absolute 200 actor tokens be up for sale. The additional appearance of the EOS badge administration will alpha on July 1st, 2024 and 700 actor EOS badge will be distributed. These 700 actor tokens will again be breach analogously into 350 after 23 hour periods of 2,000,000 EOS tokens each. The final 100 actor tokens will be aloof for the block.one aggregation and cannot be traded or transferred.
When asked why they chose to use this accurate badge administration method, the block.one aggregation explained:
What are your thoughts on the EOS ICO? Do you anticipate that the block.one team took the appropriate access for their badge distribution? Let us apperceive in the comments below!
Images address of block.one, unsplash.com
