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Qtum Ends Token Crowdsale, Raises $15 Million in 5 Days

Hybrid blockchain application platform, the Qtum Foundation has raised over $15 million in a five days, placing the project among the top 10 blockchain-token crowdsale campaigns to date. Qtum started the first day by selling $10 million of its tokens in the first 90 minutes.

Scheduled to last 30 days or until all tokens were sold, the crowdsale ended with the project raising over 11,000 bitcoins and 75,000 ether in exchange for the 51 million Qtum tokens being distributed to the public. Instead of sending tokens to a single crowdsale address, Qtum enlisted six cryptocurrency exchanges/crowdfunding portals to conduct the sale in a coordinated fashion. The sites participating in the campaign were Bizhongchou, Yunbi, ICOAGE, Allcoin, ICO365, and BTC9.



Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
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