Fetch.AI Tokensale to End in 22 Seconds

As reported, only 2,758 investors were able to acquire FET tokens, each of which invested $ 2,175 on average
25 February 2019   592

The crowdsale of the Fetch.AI crypto-project, which started today at 17:00 Moscow time on the Binance Launchpad platform, took just 22 seconds.

It was over in a about 10 seconds. The queue was totally packed within seconds. The processing is just draining the queue slowly.

Changpeng Zhao

CEO, Binance

This time, Binance obviously took into account the mistakes made during the BitTorrent campaign. Thus, the maximum amount of investment was limited to $ 3,000 against $ 20,000 during the sale of BTT, and the platform functioned much smoother.

However, only 2,758 investors were able to acquire FET tokens, each of which invested $ 2,175 on average. Although this time, you can find more messages from those who still managed to enter the crowdsale because of the rush demand many wishing left behind.

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).

Changpeng Zhao

CEO, Binance

BNB Token Price Chart
BNB Token Price Chart

As during the BTT crowdsale, the end of the Fetch.AI campaign was marked by a sharp decline in the BNB rate.

Bitfinex to Unveil Tokinex IEO Platform

Information on first campaign will be available this Thursday, May 23rd
21 May 2019   113

Bitfinex cryptocurrency exchange announced the launch of an IEO platform called Tokinex.

The Bitfinex blog reports that information on the first IEO on the new platform will appear already this Thursday, May 23rd. The very same initial exchange offer will take place on June 13.

What it means to be an exchange has evolved to become an entire ecosystem, not just limited to the remit of trading digital assets. We are proud to finally launch Tokinex and bring the opportunity for participation in quality token sales in a fair environment.

Bitfinex Team

To participate in IEO on Tokinex, users of the exchange will have to undergo KYC identification using the Blockpass mobile app. After that, investors will be able to transfer funds from the exchange to the account for the purchase of new coins on the eve of the tokensale.

According to The Block, Bitfinex plans to hold approximately two IEOs per month. In the commentary on the publication's tweet, the representatives of the exchange specified that the new platform would not charge for listing.

Earlier, Bitfinex managed to attract $ 1 billion in private IEO. The LEO token started trading yesterday, May 20.