Crypto News

The founder of Ethereum “teach” bitcoin “chat”

Through the holding of private licensee in which the project team Polkadot attracted funding to continue its development, capitalization of a startup reached $1.2 billion About it writes CoinDesk .

Details of the round Polkadot

It is known that the collection of money required under the non-profit Foundation Web3 platform. Its Director is a part-time Creator Polkadot, one of the developers of Ethereum’s Gavin wood. Among the investors are Placeholder, Longhash Incubator, ChainX and Innogy Corporate Ventures.

The campaign was implemented 5% of the total issue volume of cryptocurrency project DOT. For sale was presented 500 thousand tokens, but later, according to representatives of Polk, investors expressed a desire to purchase more coins.

The exact amount of funds is unknown. However, previously, according to insiders, the project was hoping to obtain from investors of about $60 million. it is Noteworthy that during the previous round of funding in the fall of 2017, the total fees amounted to $145 million

Recall that Polkadot is a Protocol by which blackany different projects may be able to “communicate”. The transfer of data between the two “chains” will be organized in compliance with all the nuances of security. The project team plans to launch mainnet Polkadot for 2019. Accordingly, in the coming months, the bitcoin blockchain will be able to “learn to communicate” with bloccano Ethereum and other projects.

Source:cryptofound.com
Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Please disable your ad blocker

We know you are here for the stories. Not the ads. But we need the ads to keep the lights on. So please whitelist Buzzon.live.