Stacks is a Layer-1 blockchain project that enables smart contracts, decentralized applications, and digital assets on the Bitcoin network using its native STX token.
In November 2017, Stacks closed its Regulation D accredited tranche, securing exactly $26.3 million through the sale of 218,737,294 STX tokens via the AI and QP Funds. The round attracted investments from prominent venture firms including Union Square Ventures, Foundation Capital, and Winklevoss Capital. Tokens were priced at approximately $0.12 each, with proceeds directed toward network development and achieving key mainnet milestones.
20% immediate, 40% at network launch, 40% at 1M verified users
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| High | 0.21x | 17 | ||
| Very High | 0.00x | 15 | ||
| N/A | 6.71x | 11 |