Filecoin’s ICO Shatters Records by Raising Nearly $200 Million in Just 1 Hour

August 12, 2017 | Courtesy of futurism.com

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Amid news of the continued meteoric rise of the world’s first cryptocurrency, Bitcoin, another initial coin offering (ICO) is shattering records in its earliest stages of investment. The blockchain data storage network Filecoin began its first public offering today. Despite technical issues, it has garnered an estimated $200 million from investors. In fact, sales came to a halt just about an hour after beginning.

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