The Dfinity project Foundation held a private sale of tokens for accredited investors, collecting $102 million to create their own blockchain Protocol. Led the round of financing cryptocurrency subdivision of the venture capital firm Andreessen Horowitz (a16z).
Andreessen Horowitz”s crypto fund just made its biggest bet yet https://t.co/XdmmR7Vd5i via @technology
— Camila Russo (@CamiRusso) August 29, 2018
Also, participants of the Polychain steel round Capital, SV Angel, Aspect Ventures and Multicoin Capital. The price for one token in this case amounted to $4,18, and coins totaling $35 million were distributed to community representatives via AirDrop.
In a16z said that you highly appreciate the chances of a startup primarily for the team, which includes former developers from Google Inc and Uber Technologies Inc., and a PhD from Yale University.
Dfinity Foundation previously raised $61 million from Andreessen Horowitz and Polychain Capital to create a “cloud 3.0”.
We will remind, a16z and Polychain Capital jointly funded startup Oasis Labs, which eventually grossed $45 million.
In addition, Polychain Capital and bitcoin exchange Binance invested in the development of stablon Terra.