The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Alephium Closes $3.6 Million Pre-Sale From 80 Contributors To Expand Sharded UTXO Blockchain Platform

by Chainwire
September 9, 2021
in Industry Announcements

September 9, 2021 – Lausanne, Switzerland


Alephium, a simple and efficient sharding-based blockchain, has pre-sold for over $3.6 million of tokens to several major funds and a large number of small buyers, with over 76 contributions in total.

The pre-sale was led by Alphemy Capital, with participation from White Paper Capital and Archery Blockchain. A significant portion of the pre-sale was funded by individuals, with 76% providing less than $50,000 and 91% less than $100,000. Over half of the purchasers were Swiss residents.

The Alephium blockchain is powered by the unique BlockFlow sharding architecture, based on stateful UTXO transactions. Native single-step cross-shard transactions ensure that Alephium is as efficient as a single-chain blockchain while spreading the transaction load between nodes.

Alephium’s secure smart contract and novel VM designs leverage a UTXO execution model that can truly be considered as a whole new dApps programming paradigm – ideally used for performance-oriented and secure DeFi.

The Alephium team is currently using a modified version of proof of work dubbed “proof of less work”. PoLW uses a clever combination of physical work and token economics to dynamically adjust the work required to mine new blocks, ensuring a reduced energy footprint compared to classic Nakamoto PoW mining.

Cheng Wang, co-founder of Alephium, said,

“After over three years focused exclusively on research and development, we are proud and humbled by the success of the pre-sale achieved without any marketing or active online presence. It is rewarding to see the interest raised by our technology, and we are excited to have this pre-sale kick off the expansion of the Alephium blockchain and create the grounds for a broader community.”

Alphemy Capital focuses exclusively on technologies that will constitute the fundamental infrastructure of the global economy, particularly those which safeguard decentralization to the benefit and for the sustainable growth of the future web ecosystem.

Alphemy Capital said,

“Blockchain technologies need to address scalability and energy consumption issues to reach mass adoption. Alephium proposes a unique approach to sharding and smart contracts on the Bitcoin technology stack while tackling energy concerns with its proof-of-less-work algorithm. It is a really promising project in the sharding blockchain domain, and we look forward to seeing how it will develop.”

About Alephium

Alephium is the first operational sharded blockchain bringing versatility, scalability and energy efficiency to Bitcoin’s proven core technologies while offering better performance and secure smart contracts. Alephium also focuses on usability and accessibility, making it the perfect platform to support decentralized applications and open protocols.

Contact

Maud Simon

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


Follow Us on X Facebook Telegram

Check out the Latest Industry Announcements
 

 
Submit a Press Release

Industry Announcements

  • LILPEPE Enters Fifth Presale Phase Following Rapid Sell-Out of Stage Four
    July 9, 2025
  • MultiBank Group Announces Early Access Waitlist for Pioneering MBG Token
    July 9, 2025
  • Status Unveils First Gasless L2 on Linea With 100% Community Yield Allocation Mechanism
    July 9, 2025
  • NEXBRIDGE and NEXPLACE Raise $8M Series A to Launch Integrated Bitcoin Capital Markets Ecosystem
    July 9, 2025
  • Little Pepe Becomes the Hottest Meme Coin of 2025 After Raising Over $4.5M in Presale
    July 9, 2025
  • G-Knot Appoints Fintech, Crypto Veteran Wes Kaplan as CEO To Launch the First Finger Vein Biometric Wallet
    July 8, 2025
  • GUNZ Announces GUN Token Expansion to Solana
    July 7, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$109,001.20
$109,001.20
0.54%
Ethereum
$2,651.41
$2,651.41
3.35%
BNB
$662.44
$662.44
0.58%
Solana
$153.78
$153.78
2.09%
XRP
$2.38
$2.38
3.72%

Spotlight

  • Rich Dad Poor Dad Author Buys More Bitcoin, Touts $1,000,000 BTC Price Prediction
    July 2, 2025
  • Scammers Drain $20,000 From Billion-Dollar Bank Customer Who Took Out Loan for Business Purposes: Report
    July 2, 2025
  • Markets Will Choose US-Regulated Stablecoins Over CBDCs ‘All Day, Every Day,’ Says Treasury Secretary Scott Bessent
    July 2, 2025
  • Trader Issues Bitcoin Warning, Says Only ‘Small Sliver’ of Time Left in Bull Market – Here’s His Timeline
    July 2, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl