The new Blockchain network HEAT, which stands for Heuristically Enhanced Asynchronous Transactions, managed to raise US$900,000 worth of cryptocurrencies in its initial coin offering (ICO). The ICO ran from July 11 to August 8, during which the HEAT network managed to raise 608.45 BTC, 16,124.99 ETH, 255,621,021 FIMK and 6,220,425 NXT according to HEAT’s ICO page. The amount raised equates to 1632 BTC and is turned into to 25 million HEAT tokens, which will be distributed to the ICO participants and Heat Ledger Ltd shareholders on a pro-rata basis.
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