IEO VeriBlock on Bittrex International passed in 10 seconds
The initial token offer (IEO) of the crypto project VeriBlock, which started this Tuesday on the Bittrex International exchange at 19:00 Moscow time, ended, barely having time to start.
“IEO VeriBlock finished within 10 seconds. Thank you for your participation, “the exchange writes on Twitter..
Bittrex does not provide more detailed campaign statistics yet. According to the IEO terms, VeriBlock raised $ 7 million, and the individual purchase limit for one account was $ 20,000.
Users who tried to buy project tokens note that in reality the campaign completed much faster – in 2 seconds, and criticize the exchange for not implementing any protection against bots, which, presumably, bought most of the tokens. Others are reiterating technical issues that caused users who had enough money in their accounts to receive an error message due to insufficient funds.
It is also curious that along with the start of IEO, the VeriCoin rate on Bittrex soared more than 4 times. Probably, one of the traders in a hurry made an annoying mistake.
UPD: Bittrex provided more detailed IEO VeriBlock stats. All tokens were sold out in 10.4 seconds. The system was functioning 100% of the time. 855 users were able to purchase tokens. Of these, 142 people invested the maximum possible amount of $ 20,000. The average purchase size was 81,871 VBK, with a limit of 200,000 VBK.
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