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    Blockchain Journal
    Home » Bittrex Bitcoin Exchange held an IEO VeriBlock project in 10 seconds

    Bittrex Bitcoin Exchange held an IEO VeriBlock project in 10 seconds

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    By BlockchainJournal on April 2, 2019 News
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    The IEO project VeriBlock on the Bittrex International cryptocurrency exchange lasted only 10 seconds.

    The IEO for @ Veriblock ended within 10 seconds. Thanks for participating in the Initial Exchange Offering.

    Stay tuned for future IEOs coming soon.

    – Bittrex International (@BittrexIntl) 2 April 2019 p.

    Details about the campaign are not yet known – the representatives of the exchange only thanked the participants of IEO on Twitter and urged them to follow the new tokensale.

    Many users of social networks have expressed dissatisfaction with the fact that they did not manage to acquire VeriBlock tokens.

    Sorry, the IEO is all sold out. Stay tuned for future IEOs. https://t.co/pPsCUrNuPF

    – Bittrex International (@BittrexIntl) 2 April 2019 p.

    Shame shame shame, I ended up for less than 1 second of starting. Thanks a lot!

    – Rajesh ramroop (@RajeshRamroop) 2 April 2019 p.

    One user called this IEO campaign a belated April Fool's joke:

    the late april fool

    – idlecancerian (@IdleAAMIR) 2 april 2019 p.

    Another expressed the opinion that tokens were sold out by bots:

    Only bots bought. Where is the captcha?

    – Ş.Fuat (@sfncky) 2 april 2019 p.

    It was also suggested that it is necessary to rethink the approach to holding tokensale.

    It ended in 1 second. You really need to rethink how you do these sales. smh

    – Archie ₿rave (@ArchieBrave) 2 April 2019 p.

    VeriBlock, whose main network was launched on March 25 , allows networks of other cryptocurrencies to use the Bitcoin blockchain to counter the “51% attacks”. VeriBlock is built on the Proof-Of-Proof consensus algorithm: users can upload snapshots of other blockchains to Bitcoin via the OP_RETURN function.

    Among the strategic investors and partners of the Bittrex CEO project is Bill Shihara and the founder of Bloq, Jeff Garzik, as well as the general partner of Fenbushi Capital Bo Shen.

    Earlier, Bittrex canceled RAID tokensail . The official reason was the break in the strategic partnership between the project and OP.GG. But then new facts surfaced that put the reputation of the RAID in doubt.

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