First Bloodby Joe Jow
First Blood is a gaming platform built on blockchain that allows amateur gamers to compete against each other for money. The company conducted one of the fastest ICOs in crypto history in September 2016, raising approximately $5 million in under 5 minutes by selling 465,000 ether at $11 per token. The team liquidated 80% of the raised ether (372,250 tokens) immediately to fund operations, converting roughly $4 million into USD for salaries, marketing, and platform development.
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