Gist::TaTaTu, after raising $575M from royals and celebs in a private 2018 ICO for its blockchain-based Netflix-like service, now says it is not a blockchain business (Leigh Cuen/CoinDesk)

Leigh Cuen / CoinDesk:
TaTaTu, after raising $575M from royals and celebs in a private 2018 ICO for its blockchain-based Netflix-like service, now says it is not a blockchain business  —  What started as a $575 million token sale is now a rewards program for watching videos.  —  TaTaTu's initial coin offering …

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