Blockchain Project Factom Raises $1.1 Million in Crowdsale

By July 22, 2015Bitcoin Business

Factom has received $1.1m in new funding as part of an equity crowdsale hosted by UK-based crowdfunding service BankToTheFuture.

Billed as a data and record keeping layer for bitcoin, Factom had offered 7.8% equity toward a $700,000 minimum investment goal to be reached by 9:39am GMT today .

The project ultimately exceeded this goal, drawing 323 investors; each providing an average contribution of roughly $3,400. Factom Foundation chairman David Johnston credited the positive perception of the […]

Leave a Reply

All Today's Crypto News In One Place