Decentralised blockchain Tezos has raised around $232m in an ICO, breaking the previous record set by Block.one.
Tezos ICO, which lasted for 12 days, received 65,630 Bitcoins and 361,122 Etherum.
The blockchain uses a formal verification, which mathematically checks the correctness of the code governing transactions. This helps to boost security of sensitive and financially weighted smart contracts.
Tezos offers decentralised automated upgrades for the software, upgrades approved by stakeholder consensus and continued blockchain innovation.
Block.one held the previous record after its ICO closed earlier this month on $185m, after just five days of sale. Block.one had taken the record from Bancor’s $153m ICO, which was held last month.
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