For the first time in US history, the Blockstack project has been approved by the Security and Exchange Commission (SEC). In accordance with the SEC's Reg A+ framework, the Blockstack platform will hold an ICO with a Hard Cap in the amount of $ 28 million. Token Sale has started on July 11.
Now the offer is available not only to accredited investors, but also to non-accredited. As part of the offer, an additional $12 million will be allocated to reward the developers who create the top-ranked applications within the Blockstack ecosystem.
The token distribution will stimulate developers and contribute to the further development of the decentralized computer network Blockstack.
Stacks (STX) tokens will be used to register digital assets (domain names, smart contracts) and process transaction fees on the network.
For more information visit the official platform website.