![]() For an artificial intelligence and digital economics company, raising sufficient capital is pertinent to ensure their vision can be turned into a working product. This exposed the Fetch.AI sale to millions of users from all over the world. Organizing such a token sale on a dedicated platform owned by the largest crypto exchange in the world is a smart move. By officially partnering with Binance’s Launchpad to organize this sale, however, the team managed to attract more than sufficient people willing to give them money to build their infrastructure. Although the project has generated some buzz, that is never a guarantee for attracting investors. Given the success of Initial Coin Offerings in the past, and the subsequent growing disinterest, the Fetch.AI token sale was never a guaranteed success. As is usually the case, this surprising success attracts some dismay and leaves a lot of people frustrated. It was such a big success, the sale was over in about 15 seconds. AI recently completed its token sale through Binance’s Launchpad platform. That’s how we live.While most people would assume the golden era of token sales is over, that might not entirely be the case. That Blockchain, like Adidas, says: Impossible is nothing.īut so far we only have hype, shitcoin bingo, and sketchy startup founders. That everyone will see how investment in startups pays off. We sincerely hope that the story of 22 seconds on the Binance Launchpad will develop into a solid working project that will change the future. And then: oops, sorry, guys, we couldn’t. The idea is so fucking futuristic, like, straight from the cover of your favorite book: charmed everyone and pulled the wool over the eyes. If during this period, investors won’t receive nothing except statements about the lack of money and press releases about the furious future and flying Lambos, Fetch AI won’t be interesting to no one. But the fate of the project will be decided in the next six months. Yes, they have a whole staff of theoretical professors. Here are the numbers Binance gives about past Fetch AI sales.Īlthough the team still hasn’t done anything except the website and whitepeaper. That doesn’t seem that cool now.Īnd to say, this wasn’t the first sale. And a non-working website of the before last one. Let’s add here the financial performance of the past project of the startup’s founders. We read Fetch AI’s whitepaper and found a few matches with the classic scam ICO. We had to show you how to use it a long time ago. But not all of us are Youtube fiends, right?īinance has a Launchpad, Shitcoinoffering has Bullshit Bingo. We were very surprised when we saw that a startup’s uninformative video for 6 million in 22 seconds had so few views and reactions. The future of the economy is finding a haven in the powerful hands of the collective mind! Artificial intelligence with Blockchain and other lit features will turn the Internet into a place where the seller and the buyer will easily and quickly find each other without any middlemen. Wow!įetch AI is a futuristic idea in the style of Asimov and Heinlein. Cryptocats still have BTC and ETH, and they don’t mind investing in interesting startups. It perfectly demonstrates that either the jumps of the cryptocurrency didn’t kill human excitement nor the scammers’ tricks. We are not hypocritical and sincerely pleased with this event. The hype was as if Kanye had dropped new Yeezys with the Apple Watch sewn into the tongue. ![]() On Monday, Fetch AI startup hold a sale on the Binance Launchpad platform and collected a hard cap of 6 million bucks in 22 seconds. We check a startup that collected 6 million bucks in 22 seconds on Shitcoin Bingo
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