The Blockchain-Powered ICONOMI, a cryptocurrency management fund, just announced it has raised $5.8 million in 88 hours. The crowdsale has made the ICONOMI fund the 20th most highly-capitalized crowdfunding project to date.
ICONOMI claims to be the first-ever management fund for blockchain technology and cryptocurrencies. Over the course of three-and-a-half days, the team has raised $5.8M, showing both individual and institutional interest. Before this project, the development team behind ICONOMI created Cashila — one of the first registered Bitcoin companies in Europe.