Today cloud storage provider Storj Labs’ ICO launched online earlier today hit the $20m mark just a 6 hours after the books opened. That puts the company in the top 2 largest Token Sales of all time.

Storj Labs disrupts established cloud storage providers like AWS, Microsoft Azure and Google Cloud by providing a crowdsourced, zero data center storage solution. The company recently exited beta, so this token sale will enable Storj to advance product development and to speed the rate of innovation in cloud storage.