On June 30, the Tezos Foundation proposed a genesis block that became the seed of the Tezos network. For a time following the proposal, there was an expectation that, while fully operational, the network had a higher likelihood of experiencing unscheduled downtime along with maintenance and adjustments, and so we regarded the network as a …
It's good to see that achievement after raising $232 million, having the problems with KYC/AML policies, disputes and lawsuits between founders over Tezos’ control and many other struggles and obstacles. It is in a way a new beginning and the amount of media outlets and news sites mentioning the launch shows also the way the project had to come through and the impact it has on the whole crypto community.
Jeez I sure hope there's more to come, so far it's been one huge pita to follow. Thus far the profit shown by ico participants is about as bad as an ico can get, at least there's a shit ton of room for improvement!
>Yes it is. i think he is referring to the fact that BTC skyrocketed after the ICO and so people are measuring their gains/losses a bit differently. I say just hodl your tezos and watch this awesome project mature into something game changing!
BTC was $2500 at ICO (at least that's what I paid) and today up ~150% since then to $6266.
XTZ was $0.45 at ICO and today up ~227% to $1.49.
I think that's a pretty good relative performance signaling added confidence in the project from alpha to mainnet. True you couldn't take advantage of the shortlived $10 price, but that's the risk associated with ICOs.
As more projects and dapps get built in the Tezos ecosystem I expect continued outperformance vis a vis BTC.