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Agoric, a startup dedicated to creating JavaScript-based smart contracts, announced on Thursday it had sold over $50 million of its native BLD tokens in under two hours using the CoinList platform.
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
Agoric started out back in 2018 as a JavaScript-based smart contract coding language, designed to access the popular developer language while bringing a degree of battle-tested security to smart contracts.
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.
