Aion Token Project Estimates 18-Month Runway After Bitcoin and Ether Sales

aion token

Cash is king – especially during a crypto winter. That’s the takeaway from a report out Wednesday from the Aion Foundation, which raised $23 million worth of bitcoin, ether and fiat through a token sale in October 2017. Compiled with the help of Deloitte, though not formally audited by the Big Four accounting firm, the report details how Aion has been managing its crypto war chest, providing a rare level of transparency for a token project. According to Aion Foundation CEO Matt Spoke, the foundation has sold off half of…