Startup raises â¹225 crore in 30 seconds via digital currency
Web browser startup Brave, founded by former Mozilla CEO Brendan Eich, this week raised â¹225 crore in about 30 seconds with an Initial Coin Offering. The startup reportedly sold one billion of its own digital coins, called The Basic Attention Token, or BAT. The value of these coins is based on the crypto-currency 'Ethereum', a popular alternative to Bitcoin.