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Alephium, Pre-sold For $3.6M — To Expand Sharded UTXO Platform

Published 09/09/2021, 11:00 AM
Updated 09/09/2021, 11:01 AM
Alephium, Pre-sold For $3.6M — To Expand Sharded UTXO Platform

  • Alephium closes its pre-sale at $3.6 million of tokens.
  • Reports say there were over 76 contributions in total.
  • Also, it is stated that over half of the purchasers were Swiss residents.

The simple but efficient sharding-based blockchain, Alephium, has pre-sold for over $3.6 million of tokens. According to the announcement, it was pre-sold to major funds and a large number of small buyers — totalling 76 contributions.

Alphemy Capital led the pre-sale, along with White Paper Capital and Archery Blockchain. The announcement mentioned that a significant share of the contribution was funded by individuals with 76% contributing less than $50,000 while 91% providing less than $100,000. More so, over half of the purchasers were, in fact, Swiss residents.

To note, Alephium is powered by the unique BlockFlow sharding architecture, which is based on dynamic UTXO transac...

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