bitsCrunch Community Sale Breaks Record for CoinList
bitsCrunch, the decentralized AI-powered Web3 analytics network, has announced that its community sale for BCUT, the native utility and governance token, sold out in just 24 minutes, setting a new record for CoinList. The sale raised $3.85 million USD and attracted over 3,300 unique token holders from 163 countries, making it one of the most geographically diverse sales in CoinList history.
Impressive Participation and Funding
The BCUT community sale received over 38,000 unique registrants and raised $21 million in funding, surpassing the maximum purchase amount by over five times. Participants had the opportunity to purchase 7% of the total supply of 70,000,000 BCUT at a price of $0.055 per token.
bitsCrunch Network Empowers Users with NFT Data
The bitsCrunch Network provides detailed forensic data on NFTs, enabling users to identify potential risks and fraudulent activities. The network leverages AI technology to offer accurate price estimations for NFT tokens and supports data from various blockchains and NFT marketplaces, providing users with comprehensive and unified information.
Successful Testnet Campaign
Prior to the community sale, bitsCrunch conducted an incentivized testnet campaign on CoinList to evaluate network security and functionality. Over 27,000 unique wallets participated in the campaign, with many granted Priority Queue access to the community sale.
Future Plans for Distribution and Decentralization
The bitsCrunch team plans to distribute 20% of the purchased tokens to the community upon mainnet launch in January 2024. The network aims to decentralize blockchain analytics and forensics data, ensuring a safe and independent network that diminishes reliance on external entities. The BCUT token plays a crucial role in achieving this vision.
Hot Take: bitsCrunch Breaks Record with Successful Community Sale
bitsCrunch’s BCUT community sale has set a new record for CoinList, selling out in just 24 minutes. This achievement reflects the growing interest and support for the decentralized AI-powered Web3 analytics network. With impressive participation and funding, the community sale has added over 3,300 unique token holders to the expanding bitsCrunch community. The bitsCrunch Network empowers users with detailed NFT data, leveraging AI technology for accurate price estimations. The successful incentivized testnet campaign demonstrates the network’s commitment to security and functionality. As bitsCrunch continues to progress towards its mainnet launch in 2024, the record-breaking community sale marks a significant milestone in the network’s growth and development.
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