Some very interesting news in regards to the BlockNet ITO came to light earlier today. Most of you will remember part of the ITO was held on CoinGateway, but was sold out incredibly fast for some unknown reason. Today, we know the reason, so let’s see what happened!
CoinGateway had a certain supply of BlockNet ITO shares (BLOCK) to sell in exchange for the altcoins making up the BlockNet. These coins are FIBRE, Next Horizon, LibrexCoin, XCurrency, SONIC, Apexcoin, BitSwift, Utilitycoin and Stealthcoin. Purchasing BLOCK with any of those counts would entitle customers to a 10% price discount.