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.
Read more: Smart Contract Platform Agoric Launches Public Chain
Since then, it’s morphed into a proof-of-stake blockchain, linked to the Cosmos ecosystem, looking to create a safer decentralized finance (DeFi) realm than currently exists elsewhere.