ICO Raises Over $270 Million in Under 3 Hours

The Status ICO that launched earlier today raised over $270 million in less than 3 hours. is an open source mobile DApp browser and messenger built for Ethereum. Some investors are criticizing the amount raised claiming there is no reason a messaging app needs so much startup capital. Furthermore, many interested contributors experienced difficulties sending transactions from MyEtherWallet, leaving a sour taste in their mouth.

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