Ethereum Co-Founder’s Polkadot Closes Token Sale, Claims $1.2 Billion Valuation
Polkadot has closed on a private token sale that it says values the blockchain interoperability project as a tech unicorn.
Polkadot is now live, following the launch of its first “chain candidate” (CC1).
Polkadot founder Gavin Wood outlined the “five or six” steps the network will be taking as it moves to a full launch, some four years after first being conceived, during his Ready Layer One presentation.
A second private sale of the Polkadot token (DOT) has netted some 3,982.07 BTC worth an estimated $43.3 million as of press time, according to sources.
It may seem trivial in some cases, but digital anonymity is no joking matter to American whistleblower and privacy advocate Edward Snowden.
Polkadot will be launching an experimental "canary network" called Kusama for early application testing and development.