Polkadot token experienced a hack incident shortly after its initial token sale, resulting in 66% of the raised funds ($150 million) being irreversibly frozen. This event slowed the project's initial development. Subsequent financing was secured through a private sale by the WEB3 Foundation team, enabling the project to continue development in 2019. The specifics regarding the amount raised and the unlock date of these sales have not been publicly disclosed.
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Today 04 Jun 2023
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