Wolfie Zhao / CoinDesk:
Gate.io, one of the oldest Chinese crypto exchanges, raises $64M in an ICO for its Gate Points token which can be used to offset trading fees — Crypto exchange Gate.io has raised $64 million worth of crypto assets in seven days for its own exchange cryptocurrency that won't be launched on a blockchain for at least six months.
from Techmeme http://bit.ly/2KR31Dl
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