Alephium Closes $3.6M Presale – Investing.com

Alephium Closes $3.6M Presale – Investing.com

Alephium, a simple and efficient sharding-based blockchain, has pre-sold over $3.6 million tokens to several major funds and a large number of small buyers who provided over 76 contributions in total.

The pre-sale was led by Alphemy Capital, with participation from White Paper Capital and Archery Blockchain. A significant portion of the presale was funded by individuals, with 76% providing less than $50,000 and 91% less than $100,000. Over half of the purchasers were Swiss residents.

The Alephium blockchain is powered by the unique BlockFlow sharding architecture, based on UTXO transactions. Native single-step cross-shard transactions ensure that Alephium is as efficient as a single-chain blockchain while spreading the transaction load between nodes.