Aeternity Raises $24 million Over Phase Two of Token Sale

2172
ADVERTISEMENTSMunchee Dmarket exhastaWorldcore ICOParagon ICOSpectre Token Sale

Share with:


The Aeternity team has announced successful conclusion of its’ crowdsale phase two.

“Phase 2 now over at 23.4m CHF! Thank you all for making this campaign a huge success!”, the official Twitter of the project reads.

The raised amount equates nearly $24 million. According to preliminary data, the said amount was raised due to participation of 8,000 contributors.

Aeternity is developed to tackle the issue of smart contracts scalability and interaction between real and digital worlds. The project’s solution is to place smart contracts in so-called “state channels” while enabling distributed oracles in the consensus mechanism of the blockchain.

According to the developers, who participated in fathering Ethereum and Augur, the project will create a completely new blockchain capable of processing unlimited number of transactions within Turing-complete smart contracts with no need of additional trust.

Back in April, 2017 the Liechtenstein-based startup managed to successfully complete the presale of tokens raising nearly $5.2 million overall. Notably, more than $2 million of them were raised over the first hours of the campaign.

The mainnet is expected to be launched in 2018 Q1.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

Visit Website
View All Articles
advertisementBlockchain Expo