bitsCrunch Community Sale Sets Record on CoinList
bitsCrunch, a decentralized AI-powered Web3 analytics network, has announced that its community sale of BCUT tokens on CoinList sold out in just 24 minutes, setting a new record for the platform. The sale raised $3.85 million USD and attracted over 3,300 unique token holders from 163 countries.
Geographically Diverse Sale
The BCUT community sale was one of the most geographically diverse sales in CoinList history, with over 38,000 unique registrants participating. The sale made 7% of the total supply of BCUT tokens available at a price of $0.055 per token.
Detailed Forensic Data on NFTs
The bitsCrunch Network offers detailed forensic data on NFTs, empowering users to identify potential risks and fraudulent activities. The network leverages AI technology to provide accurate price estimations for NFT tokens and supports data from various blockchains and NFT marketplaces.
Incentivized Testnet Campaign
Prior to the community sale, bitsCrunch conducted an incentivized testnet campaign on CoinList to assess network security and functionality. Over 27,000 unique wallets participated in the campaign, with many receiving Priority Queue access to the sale.
Mainnet Launch and Token Distribution
The bitsCrunch team plans to distribute 20% of the purchased tokens to its community on mainnet launch in January 2024. The remaining tokens will be released linearly over a period of 12 months.
Decentralizing Blockchain Analytics
bitsCrunch aims to decentralize blockchain analytics and forensics data for digital assets on the public blockchain. The BCUT token plays a key role in achieving this vision by facilitating network operations and promoting adoption.
Partners and Investors
bitsCrunch has received funding from top investors and VCs, including Animoca Brands, Coinbase Ventures, Crypto.com Capital, Polygon Studios, Hashkey Capital, and Chainlink. The network is rapidly expanding and attracting companies from both the Web2 and Web3 sectors.
Hot Take: bitsCrunch Sets Record with Community Sale
bitsCrunch’s community sale of BCUT tokens on CoinList sold out in a record-breaking 24 minutes, demonstrating strong demand for the decentralized AI-powered Web3 analytics network. With over 3,300 unique token holders from 163 countries, the sale showcased the global reach of bitsCrunch. The network’s ability to provide detailed forensic data on NFTs and accurate price estimations for tokens sets it apart in the blockchain analytics space. As bitsCrunch prepares for its mainnet launch in 2024, the successful community sale marks a significant milestone for the project and highlights its potential for growth in the coming year.
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