In Rare Decision, ICO Founders Will Wait 10 Years for Crypto Paydays

In an industry that’s become synonymous with fast cash, patience can be a rare commodity. That makes a little-discussed announcement last week by the Nebulas project, powered by the top 100 cryptocurrency NAS, all the more remarkable. The team behind the protocol, today valued at $64 million, will now voluntarily wait a decade before they can get their hands on the blockchains’ tokens they’ll earn for their labor – seven years longer than they had originally planned. In December, the Beijing-based team raised $60 million in an initial coin offering…