Hacken ai IEO failed

[SyndicateLabs]

What will happen to hacken ai now? The project planned for IEO on oceanX exchange, damn I did warned them about such exchanges, they only sold 18% of 100% tokens for the IEO in 24hrs, that's a big failure, any solution to this?

I agree that they failed, they only reached 18% within 24 hours and they closed it. I think they will create multiple rounds of IEOs in other exchanges to raise funds, which is the only option for the project otherwise they will not have enough funds to help the project operate in the future

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[Angemas]

It's a pity they failed at ieo sales in 24 hours, but I don't think they will give up, there will definitely be a next round of it. hope they can reach hard cap

[Botnake]

It's a pity they failed at ieo sales in 24 hours, but I don't think they will give up, there will definitely be a next round of it. hope they can reach hard cap

Of course,  they invested on it also so they will not just give up easily.
There's still a lot of exchange out there that they can use to sponsor their IEO, if they really believe they have a good product, they'll not give up easily.

[bayudndy]

It's a pity they failed at ieo sales in 24 hours, but I don't think they will give up, there will definitely be a next round of it. hope they can reach hard cap

They have fulfilled their promise, and we see the seriousness of this project. They did not choose to extend the IEO time, and ended it in 24 hours. Although the IEO has ended, I believe they will still list it in exchanges, or they will look for better exchanges to implement IEO again.

[Balladtony77]

The IEO ended in 24hours just as promised but with bad results, I think the team should choose better exchange next time if they still feel like going for another IEO round, I don't see anything wrong in that, many projects did same in the past too

[superving]

What will happen to hacken ai now? The project planned for IEO on oceanX exchange, damn I did warned them about such exchanges, they only sold 18% of 100% tokens for the IEO in 24hrs, that's a big failure, any solution to this?

its not a failed IEO, its because the time hacken ieo is running , ocean exchange experience ddos attacks and thats the reason why they only sold 18% , kindly read thier update on thier medium account.

[Saisher]

What will happen to hacken ai now? The project planned for IEO on oceanX exchange, damn I did warned them about such exchanges, they only sold 18% of 100% tokens for the IEO in 24hrs, that's a big failure, any solution to this?

OceanX exchange? I don't know this exchange, why would they hold their IEO to an unknown exchange, there are a lot of better exchange in the market, not because it's an IEO people will readily support it, the best they can do now is to hold another round, this time to a popular exchange in the industry, those with good repuation.

[H1N1]

Unfortunately we cannot doing anything, only the team who can take actions.
Maybe they chose the wrong exchange to run their IEO, but i think it is better to reached 18% sold than nothing at all. the team should give further information about their project whether they want to continue the project or give the investors money back.

[WalkerIVIV]

The IEO ended in 24hours just as promised but with bad results, I think the team should choose better exchange next time if they still feel like going for another IEO round, I don't see anything wrong in that, many projects did same in the past too

To be listed on a good IEO launchpad is not easy dude. The team must try to prove itself to be the best team that can be picked by the big exchange sites. The exchange sites were also doing so many analyzation to pick up the best ico that can conduct IEO on their launch pad. This is a very difficult task. It can be done easily as long as it's a reliable team

[umbara ardian]

This is very normal for the current situation of the market. If they do not choose the major exchanges in this market, surely their IEO will fail. I have seen a lot of IEO failures in the past and they need to do many different IEO rounds at different exchanges to call enough capital required.

[Hassat]

This is really a bad one but of all exchange to conduct IEO why choose OceanX exchange. I believe they should have done better or maybe they are looking to save money and they had to choose OceanX. And with this failed IEO, there is no way they are getting a refund, what will happen to them from now is on unpredictable. I hope they find a way to turn this around

[Metall303]

no need to panic. the project has a good team and I'm sure they will find solutions. maybe they will simply switch to another exchange and conduct a new IEO. I see that the project is working. I can’t give any guarantees, but personally, my research of the project suggests that the project has good prospects

[preikaler]

IEO hacken.ai failed because of a DDOS attack on OceanEx exchange and the platform could not be accessed for 9 hours

What will happen to hacken ai now? The project planned for IEO on oceanX exchange, damn I did warned them about such exchanges, they only sold 18% of 100% tokens for the IEO in 24hrs, that's a big failure, any solution to this?

This project will continue and you should read here
We fully understand that the amount of funds raised during the IEO falls short of our target set. Nonetheless, we would like to reassure our community members that we are still financially healthy to fund our expenses and continue our product’s development.

[Impacto]

There should be a set time for the IEO to run. Don't be quick to give failure judgement. I will still give them benefit if doubts to hear from them. The Oceanex exchange probably is having issues.

[bussybuddy]

IEO hacken.ai failed because of a DDOS attack on OceanEx exchange and the platform could not be accessed for 9 hours

What will happen to hacken ai now? The project planned for IEO on oceanX exchange, damn I did warned them about such exchanges, they only sold 18% of 100% tokens for the IEO in 24hrs, that's a big failure, any solution to this?

This project will continue and you should read here
We fully understand that the amount of funds raised during the IEO falls short of our target set. Nonetheless, we would like to reassure our community members that we are still financially healthy to fund our expenses and continue our product’s development.

So why don't they extend the IEO time? It may take several days for the IEO to reach its goal. But they have terminated IEO and stated they are fine, I believe they will continue to grow and maybe they will deploy IEO at a larger exchange in the future.

[bttmember]

As far as i remember hacken is a 2 to 3 year old project and they did had a successful tokensale back then but they failed to deliver anything solid in all these years and now they are back with more funding, well who will trust them again and again? Earlier tokensale participants with hkn tokens are almost at 99% loss. Come on.

[Akiko]

I agree that they failed, they only reached 18% within 24 hours and they closed it. I think they will create multiple rounds of IEOs in other exchanges to raise funds, which is the only option for the project otherwise they will not have enough funds to help the project operate in the future

If they plan to do this they also need to use more resources  of money since every exchange will ask IEO for listing fee in them.


There are other option like lowering the softcap in the IEO or at least removed it/ or delay the IEO. since we know that more of people can't decide to invest now because many country is affected with the virus and it's hard for investors to use their money to invest .

[Tipstar]

It's really difficult for projects to get funding even through IEOs. So, the best thing would be to change the model of how these projects are collecting funds. Investors are tired of giving projects money and getting nothing but a promise of future. The project needs first to deliver a sample of their product or service using private funds before asking for money to expand the market.

[taufik123]

-snip-
There are other option like lowering the softcap in the IEO or at least removed it/ or delay the IEO. since we know that more of people can't decide to invest now because many country is affected with the virus and it's hard for investors to use their money to invest .

Reducing the number of softcap targets might be quite difficult, because the funds they need are already written down and have already been allocated for some project development, but if things like this might be considered.
Delaying the IEO or temporarily stopping it after the outbreak is over will probably give developers the opportunity to set the best strategy to get more investors and succeed in achieving Softcap.

For the time being it isn't even just the Hacken Ai project that failed, even other projects are experiencing the same thing so they have to give up on developing their project. This is a challenge that developers must overcome to make their projects remain and can continue to be developed.

[minairia3]

This is very normal for the current situation of the market. If they do not choose the major exchanges in this market, surely their IEO will fail. I have seen a lot of IEO failures in the past and they need to do many different IEO rounds at different exchanges to call enough capital required.

Im not sure why hacken choose a new platform instead of goinf on a biggee and most notable exchange for IEO. The sales arent accepted and not sufficient for their fund raising. Maybe they can extend again the rounds of their token sale. But the problem here is, the demand. If no one really dont want to buy their token then it means its not that appealing to most investors. Some IEOs on probit survived even the project is completely shit. Im confuse with this one with a history already. Anyway good luck to those hunters joined the campaign if the IEO cancel Im not sure abour your payment.