Ethereum-based ICONOMI Raises over $10.5 Million in ICO

Ethereum-based ICONOMI Raises over $10.5 Million in ICO

Ethereum-based investment fund platform, ICONOMI, has set a record by raising the 11th largest crowdsale in history through its Initial Coin Offering (ICO), which was completed last month. In September, the Slovenian-based company announced that it had raised more than $8.9 million in operational capital and equity through an ICO, raising $3 million in the last three days. The first funds were presented at Ethereum’s Devcon2 last month in Shanghai. However, this latest news from the company shows that it managed to raise $10,576,227 from nearly 4,000 investors worldwide. This makes it the....


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Ethereum-Based Investment Fund ICONOMI Raises Over $8.9 Million In ICO

Called a fund management platform for the decentralized economy, ICONOMI, an Ethereum-based investment fund for cryptocurrencies and blockchains, has raised over $8.9 million in operational capital and equity through an Initial Coin Offering (ICO). ICONOMI raised $3 million in the last three days alone of its ICO, which closes at 4 p.m. EST today. Developed by Cashila as a disintermediated alternative to the traditional fund management industry, Slovenia-based ICONOMI’s capitalization makes it the 20th most successful crowdfunding project ever, drawing funds from 3,100 investors in 34....

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