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Twenty Thirty founder David Siegel

The 60-hour Pillar token sale, (which closed at about 9:00 PM UK-time on Monday July 17) run by Twenty Thirty, the Swiss blockchain innovation company, has raised 113,674 Ether, valued at $21.21 million with 13,446 transactions, making the average transaction 8.45 Ether (about $1,500).

The Pillar project is the brainchild of David Siegel, whose 2010 book, Pull (Penguin), described a future with no apps and with the personal data locker at the centre of people’s lives.

Speaking following a livestreaming YouTube broadcast, he said, “This may be the most successful grassroots fundraising in blockchain history. Most big token sales this year have been snapped up by a small number of “bitcoin whales” with transactions worth millions of dollars, yet ours had...

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