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

At 0 million, Tezos ICO is already the biggest ever, and it's still going strong

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


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 here for a lot more detail). This makes it a competitor to Ethereum.* Read more...

More about Bitcoin, Blockchain, Ethereum, Ico, and Tezos

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