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29 September 2020

SKALE Completes $5M Token Sale on ConsenSys' Anti-Speculation Platform - CoinDesk

SKALE Completes $5M Token Sale on ConsenSys' Anti-Speculation Platform - CoinDesk


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Around 13,000 investors with a total capital pool of $57 million had expressed interest in the Ethereum scaling project SKALE.

SKALE is a proof-of-stake (PoS) network that aims to run thousands of transactions per second at low cost.

There are more than 50 projects on SKALE that are building and testing, said SKALE CEO Jack O’Holleran.

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