Everything In Bitcoin's Way Is Your $1 Billion Opportunity
Probably no other project exemplifies the industry's hidden treasures and pitfalls as much as Tezos, whose co-founder Kathleen Breitman (one half of the husband and wide co-founding team) was on hand for a panel about ICOs.
Last summer, the project raised more than $200 million to build what Breitman said was a blockchain that could "self-amend" in a way, in an effort to put a stop to the contentious upgrading debates most cryptocurrency communities have struggled with. It was an exciting endeavour, but one that came to a halt when the partner the Breitmans had chosen to run the project's Switzerland-based non-profit foundation, refused to pay the developers.
If that legal battle wasn't enough, large groups of Tezos' former supporters started organizing to bring class action lawsuits against the Breitman's, demanding refunds.
This hasn't completely stopped the couple. According to Kathleen on stage, "We're planning to launch the network," in weeks or months.
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