A new Proof-of-Stake blockchain protocol raised more than $60M in a token sale held in Singapore today. Algorand sold 25M Algos – its native token – in the first of a series of sales that will allow tokens to gradually enter circulation. The company raised more than $66M last year by selling equity to investors […]The post “Insane Valuation”: Algorand $66M Token Auction Implies $24bn Value appeared first on Crypto Briefing.