😎 Blockstack files with the SEC to raise a $50 million public token sale

Blockstack, a software firm building a decentralized internet, will file with the Securities and Exchange Commission for a Regulation A+ crowdfunding token sale capped at $50 million. The token, Blockstack Stocks (STX), will be sold via subsidiary Blockstack Token LLC as a securities offering. Blockstack is offering a supply of 295 million at $0.30 per token with sales intended for computing ecosystem development.

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