tZERO ICO managed to raise $ 100 million just for the first day

tZERO ICO managed to raise $ 100 million just for the first day

According to CEO Patrick Byrne, the first day of ICO tZERO demonstrated strong investor interest.

The first phase of the sale started yesterday, although with a considerable delay. Byrne, in a commentary for the English edition of the cryptocurrency CoinDesk said that the company has managed to attract a significant audience of about 2000 accredited investors.

Thus, the company can reduce the selling period tokens.

Yesterday, we had a 2,000 accredited investors, and a start, said Byrne, adding that he talked on the phone with some investors.

Some of the proposals, he said, was up to 5 million dollars and even more.

TZERO is an alternative trading system (ATS) registered with the securities and exchange Commission (SEC). Trading system appeared thanks to the efforts blockchain Medici and online giant Overstock. The initiative was launched in 2014 and aims to create an entirely new kind of commercial environment based on the blockchain.

Yesterday the company announced that pre-sale of tokens and the subsequent selling will be limited to accredited investors, and each of the stages of the sales will last about a month, but the company reserves the right to shorten this time if you want to. According to CoinDesk, the pre-sale to strategic investors will be limited to $ 100 million, and the remaining $ 150 million is planned to gather with other accredited investors.

This morning we learned that 100 million has already been collected, and this means that we can reduce the time period for collection of funds.

Due to legal restrictions in accordance with the rules of the SEC Byrne declined to discuss specific bonuses for investors. He said that the largest bonuses will investors get the first $ 10 million. But all investors will get bonuses.

Detailed information for investors is available on the portal

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