At $200 million, Tezos ICO is already the biggest ever, and it's still going strong

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At $200 million, Tezos ICO is already the biggest ever, and it's still going strong
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Right **w, 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 **t unimaginable.*

SEE ALSO: The ICO is a revolutionary new way to get funded, and everyone wants in (http://mashable.com/2017/06/18/ico-explained/)


Unlike many other recent ICOs, Tezos is **t 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 (https://www.tezos.com/static/papers/white_paper.pdf) here for a lot more detail). This makes it a competitor to Ethereum.* Read more... (http://mashable.com/2017/07/05/tezos-ico-cryptocurrency-startup/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)

More about Bitcoin (http://mashable.com/category/bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Blockchain (http://mashable.com/category/blockchain/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Ethereum (http://mashable.com/category/ethereum/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Ico (http://mashable.com/category/ico/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Tezos (http://mashable.com/category/tezos/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1499256209 (http://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1499256209)
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