Filecoin ICO Raises $200 Million In 60 Minutes

in #bitcoin7 years ago

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Filecoin's ICO has raised an estimated $200 million. The figures add to the roughly $52 million in tokens sold in a pre-sale to investors like Sequoia Capital, Andreessen Horowitz and Union Square Ventures, announced last week. However, at press time, the ICO is paused. The sale halt came just over an hour after it first began. The Filecoin page on CoinList displayed problems with the ticker meant to track the total amount raised.

Problems aside, the sale has generated a record-breaking level of investor interest. Just over 30 minutes into the sale, the Filecoin team announced that it had garnered a total of $252 million in investments – a figure which includes the pre-sale figures. The ICO represents the largest to date, overtaking the $232 million record hit by the Tezos project in mid-July.

Read more here: https://www.coindesk.com/200-million-60-minutes-filecoin-ico-rockets-record-amid-tech-issues/

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I think I'm missing out something this time... the project looks a copycat of at least other 2-3 big projects already available in the sector... why such a big FOMO for something like this?

I thought the same, e.g. Burstcoin

I guess some people know more than us XD

Or some people just don't know and stupidly invest ;)