Startup raise $150 million in 3 hours using Ethereum

in news •  8 years ago 

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A startup called Bancor raised about 396,720 ETH, which corresponds to approximately 150 million in just 3 hours of anonymous investors. The values may vary due to currency volatility lately.

Bancor is a startup that wants to facilitate the creation of tokens. If they achieve their goal, anyone can create a cryptocoin in a few seconds.



Source: Mashable


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I love ethereum and how it is giving power back to the people

There are too many startups and not enough time or money to look at all of them. Someday I hope that there will be something like a mutual fund that covers them!

Exact! Cryptocurrencies are a great opportunity for new entrepreneurs.