Storecoin announces a $4.97 million security token offering
Storecoin ($STORE) has announced a token sale for $4.97 million STORE tokens in a security token offering. The project, which has early backing from Ari Paul of BlockTower, Full Tilt Capital, Matt Ocko, AlphaBit Fund, and Ari Nazir of Neural Capital aims to build a zero-fee payment and peer-to-peer cloud computing platform. Planned use for the proceeds include releasing an alpha network for the consensus engine, conducting security audits, releasing papers for peer review, and hosting meet-ups and conferences.
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