🚀 Tezos mainnet launch scheduled for Monday

According to a tweet from the Tezos Foundation, the network's mainnet will go live on Monday. Tezos, which raised $232 million in July 2017, faced long delays due to a disagreement between the founders and former foundation president Johann Gevers. In Feburary Gevers stepped down from the board and developers released a beta network in June. Despite continued progress on the technical side, Tezos faces multiple class-action lawsuits in the U.S. alleging that the project's organizers violated federal securities laws and defrauded investors.

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