Why a $39 Million ICO Chose Stellar Over Ethereum

in cryptocurrency •  7 years ago 

"We look at ethereum like AOL or Myspace.
"That's how Mobius Network co-founder and CEO David Gobaud explains why his startup ran its initial coin offering (ICO) on the Stellar network instead of ethereum, the most popular blockchain for token sales.
The comment underscores the growing interest in some corners of the crypto community for faster and cheaper payment rails as ethereum, like bitcoin, struggles to scale.

Full article: https://www.coindesk.com/why-a-39-million-ico-chose-stellar-over-ethereum/

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