Listia is an auction marketplace for giving and receiving free items. Users list items as auctions, and other users bid on these items using credits instead of money.
Online marketplace Listia has raised $15 million in an initial coin offering (ICO). Listia drew funding from more than 4,000 people during the sale.
The ICO ended in about 12 minutes after it hit the hard-cap of $15 million. Contributors to the sale include ConsenSys Ventures and Tetras Capital.