The public token sale, which took place on Dec. 29, 2021, added to a private sale that garnered some $32 million, announced at the time the Agoric proof-of-stake base layer went live in November 2021. Combined with an earlier seed round, the project has thus far raised over $85 million. The public sale of BLD staking tokens has also brought another 40,000 or so new account holders to the Agoric blockchain.
This first phase of the application layer is just to get the economy deployed, stabilized and integrated with the whole Cosmos Inter-Blockchain Communication protocol, he said.
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