The FUSION Token Sale is Complete
Dear Selected Supporters and Advisors,
I am excited to announce the successful completion of the FUSION Voluntary Participants Sales (VPS) onFeb. 11 at 12 GMT with 126,874 ETH sent in. The ETH came from 7,343 different addresses.
In the Community Partner Program(CPP), there are 14,635 registered partners from more than 130 countries. The FUSION VPS hit the cap in the first 24 hours, concluded with an oversubscription of 2.5 times of the hard cap, worth 104,222,631.09 USD. As per the unique distribution mechanism, the over-capped ETH (50,233.41 ETH, worth 41,261,722.97 USD value) has been returned to participants in 2 hours and 40 minutes.
FUSION is creating a public blockchain that can connect a variety of tokens, enabling complete financial functionalities that have not yet been explored by blockchain technology.
The FUSION Foundation has a strong commitment to support and foster its community, proven by the success of the new crowdsale structure. Nicknamed the “FUSION-type ICO”, this method not only allows everyone who’d like to participate to do so but also obsoletes Gas Wars, introducing a good balance between small and large contributors.
More importantly, with 323 lines of smart contract code and without using server and security cost, the FUSION VPS smart contract has realized fair token distribution internationally. The similar function used by central stock exchange to distribute new stocks will cost lots of server and security services expenses. This is exactly the value of blockchain.
The FUSION Foundation aims to make smart contracts really smarter, and actually usher in an era of cryptofinance. FUSION is the first public blockchain to provide a tangible solution for all digital currencies, constructing a truly connected financial ecosystem, and helping Blockchain progress from a great theory to a practical system.
Thanks for your support to FUSION protocol community as always. Looking forward your participation on the journey to cryptofinance.
DJ Qian