Could anyone explain how EOS raised 4 billion $ for a newbie? Could anyone explain how EOS raised 4 billion $ for a newbie? r/CryptoCurrency EOS ETH

I just recently started to take interest in ICO

I heard EOS raised 4.2 billion dollars but they ran the ICO everyday for 355 days?

As far as I understand how ICO works, the token issuing company would offer a smart contract, a binding contract that gives the investors a certain number of their coins ...