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17.11 - 15:15
Biconomy raises $11.5M through CoinList token sale
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Multichain transaction network Biconomy has concluded a public token sale of its BICO cryptocurrency, onboarding more than 12,500 new tokenholders in the process, the company announced Thursday.
The public sale, which was facilitated by token listing platform CoinList, raised a cumulative $11.5 million. More than 850,000 people registered for the sale, which was the largest waitlist on CoinList to date. The sale took place on Oct. 14 via two options of 40 million and 10 million BICO tokens.
BICO will be used to power Biconomy’s ecosystem as it vies to attract more developers to the community. The so-called multichain relayer network has been designed to aid developers in building decentralized applications for Web 3.0, a broad term that
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