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Its first project, EOSIO, a blockchain protocol designed to enable secure data transfer and high performance decentralized applications, has received global recognition as the first performant blockchain platform for developers, following its introduction in May 2017.
The Wall Street Journal reported Block One is on track to raise more than $4 billion through a yearlong sale of digital tokens—the largest fundraising of its kind. This is bigger than the $1.7 billion Telegram is raising.