One of the most promising cryptocurrency exchange Binance took deeper into the token launch from its own platform. The Token is Fetch.AI, the AI in the postfix us Artificial Intelligence.
The Event of the pre-sale or ICO offering took place on 25th Feb 2019 and had concluded within seconds of opening.
The firm raised over $6 Million within seconds of their token sale. The event took just 22 sec to sell over $6M worth of token as a presale.
CEO of Binance, Changpeng ‘CZ’ Zhao, felicitate the public offering and greet the one who bought the token.
24000 people pre-signed the User Agreement, 19860 people successfully submitted a buy order, 2758 people got a piece. The first 22 seconds (not 10). https://t.co/eVQy741bhO
— CZ Binance (@cz_binance) February 25, 2019
This was the second token launch from the binance platform after the great bump sale of BTT Token which took 10 sec to sold which was happened previous month.
Binance currently sold around 6% of the total hard cap of the Fetch.AI token which is around $6M and the rest $94M will be available after the listing of the token on various exchanges hence opened it to public trading.
What is Fetch.AI?
Fetch.AI is a company driven to Artificial Intelligence and IOT, which most of the great minds thinks is the future of technology.
Powered by Blockchain technology with the decentralized at its right hand. Combination of these technologies as perfect pieces of the puzzle can embrace the future technology and can open more fields for R&D.
It is a decentralised digital world in which useful economic activity takes place.
Since the long bearish wait of the cryptocurrency and hoping for bullish is coming to harder and harder. What truly convince the great blockchain technology is the fact that how they going to be useful for a person in day-to-day life, that is the utility phase of the technology.
The great vision by the Fetch.AI and of similar groups will definitely be going to embrace the existence of Blockchain technology, which is what believed to be keeping the technology alive.
Features of Fetch.AI
- Smart Ledger
- Open Economic Framework
- Autonomous Agents