This is just for the information and in no ways i clam this article to be mine

Block.One

The only goal of Block.one is to bring blockchain to businesses. It claims that its platform offers a level of scalability unprecedented in the blockchain world: It would be able to process millions of transactions per second with no transaction fees.

Here’s how the company describes its strategy:

The distribution uses a ground-breaking token participation model by creating what is intended to be the fairest token distribution project launched on Ethereum to date. This elongated timeframe eliminates the quick frenzy usually surrounding short token sales, and allows the community ample time to learn about the EOS.IO software being developed by block.one and participate in the token distribution if they wish.

The EOS Token distribution also approximates an auction where for every period, everyone gets the same price. At the end of a period, the respective set number of EOS Tokens for that period will be distributed pro rata amongst all authorized purchasers, based on the total ETH contributed during that period.

Block.One has surpassed Bancor’s mark to raise over $185 million in five days.

Block.One is one of the many recent blockchain startups that offers decentralized digital ledger solutions for businesses. The company decided to opt for a different approach to the ICO. Instead of hurrying with a week-long or a month-long token sale, Block.One’s crowdsale will run for one whole year (341 days), where participants can jump in anytime and purchase the platform’s EOS tokens.

The company announced the new milestone in its latest press release. A leading startup news publication quoted the announcement saying,

“Block.one intends for the EOS.IO software to support distributed applications that have the same look and feel as existing web-based applications, but with all of the benefits of the blockchain – namely transparency, security, process integrity, speed and lower transaction costs.”