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Author Topic: Hacken ai IEO failed  (Read 2245 times)
thisnewcoin
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April 17, 2020, 05:07:49 PM
 #41


Maybe another round of IEO to another exchange will do. I have no idea about the project but its seem like an AI once again. So much AI projects in blockchain, I guess investors see this to be another clone project.

Would you say it will be much successful if its on Vindax or p2pb2b? These are the two exchanges which IEO team are choosing.

They chose a random unknown exchange, I have never seen Ocean Exchange before, they have such low volume and less liquidity! How can a project like Hacken Ai choose an unknown exchange for raising money! Okay, they did a mistake. Now as you are saying they may conduct 2nd phase of IEO on P2PB2B or in Vindax exchange, then I must say Hacken Ai is a worthless project for investment, they have no idea about the recent condition of the crypto market!

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April 17, 2020, 05:43:24 PM
 #42

they only sold 18% of 100% tokens for the IEO in 24hrs, that's a big failure, any solution to this?
it's usual to happen with the projects when the exchange don't have so many investors, but ieo of that project happened in that exchange. The samething happens with hacken ai. But i think , team members will try to contact other reputed exchanges where they have investors which will help hacken ai to fulfill the goals of their ieo. So , it's now totally depend on the team members to choose the right ones to be successfull.

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April 17, 2020, 05:50:00 PM
 #43

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?
Thats always a gamble. We cant be sure people will buy all IEO especially the exchange is a newly launch one. For sure the project can think of other way or other market for that. They have a succesful project before, and they still have funds over that to supplement on the current product they are building. I joined the campaign but hopefully this will turn out to be good later on.

 
I don't think so, mate! They really did a mistake and now showing excuse that Ocean exchange was attacked by hackers that's why they couldn't raise their target! Hacken Ai is a proven, well-known project for many days, but as they launch IEO, that means they need money to continuous development! I hope they will find another way like partnering with reliable projects, conducting IEO on a better exchange like Kucoin, Gateio! And Good luck to you, because Hacken AI worthy to promote!

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April 17, 2020, 05:56:36 PM
 #44

If they will plan to launch an IEO on Probit, vindax or p2pb2b that is the end.  Cheesy Especially probit almost IEO there is 90% dump I guess the exchange bots are dumping it with abnormal trades with the same amount the same as p2pb2b. They should have selected a decent exchange. Or the investors are not really interested In this project? I guess investors now only invest in top 10 exchanges like binance for better chances of profits.
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April 17, 2020, 06:13:48 PM
 #45

It is an unfortunate case and I have joined their Telegram group for asking the same questions. The company representative explained the idea behind rebranding but the stated reasons are not enough to justify the new IEO. Probit or other small token sale platforms don't give the expected results due to the lack of volume and interest by the investors.

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April 17, 2020, 06:22:36 PM
 #46

I think this situation is a big disappointment and realization with three possible scenarios. In the first scenario, the project is canceled and all IEO investors are getting their money back, which does not seem like a very realistic sternary. In the second scenario, the project team burns or locks unsold tokens and exchange transactions are activated. Although there is no investor in the IEO process, if there is an investor in this process, the price will react positively with this scenario. In the third and final scenario, as can be predicted by all, when the trading transactions start, the price will rapidly go down and cause the investor to get bad results. To evaluate these 3 scenarios, I personally think that the third scenario is more realistic and I guess this sernar will happen. I will curiously follow Hacken prices.
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April 17, 2020, 07:32:28 PM
 #47

I read about the project, they seem to be having a working platform, what do they need to sell tokens for?
. Another round of IEO to another exchange will do
They have another way maybe so you can check their office telegram update, but this is confirm date hacken ai trading will start 27 April. So stay tuned for the future upcoming announcement even IEO totally have time in 8-9 hours because for this problem OceanEx exchange.
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April 17, 2020, 07:54:21 PM
 #48

natural if it fails because oceanfx is a newcomer launchpad and it's a major factor causing them to fail, on the other hand hacken ai still has a connection with hacken io if I see it might also be because hacken io as we know it is a project that almost died I think people don't interested in buying a hacken ai token.
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April 17, 2020, 07:56:57 PM
 #49

This is not a failure to me. Its their 24hrs sales, they can initiate another round of IEO on a better exchange. Let's assume their cap is 10m USD with an 18% sales, they can organize an IEO in a more reputable exchange with necessary marketing they will hit their cap. IEO success is not about the exchange its about marketing after all most IEOs that were held on Bittrex were not successful.
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April 17, 2020, 08:38:22 PM
 #50

If it is a project with good use case as well as with good team then this can't be the end of it nor will it make the project look less than what it's meant to be. In this case, the team will have to come together and work things out which will be, looking for another promising exchange. The team can also ask their community for their own opinion then choosing the best or going for those exchanges with good records of successful IEOs.

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April 17, 2020, 08:47:30 PM
 #51

And you are surprised? We are falling into the biggest economic crysis, nothing is stable and these kind of risk invesments are not popular nowadays. So for me it is a big success to raise such money in these hard times.

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April 17, 2020, 08:58:46 PM
 #52

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
OceanX Go exchange isn’t investors familiar exchange, so 18% token sold is not bad instead of 100% even within 24 hours. Most provably Hacken ai teams are planning to make IEO's in another two exchanges p2pb2b then second one is vindax, i think here no possibility to reach expected amount of tokens sell because both of exchanges shit. Who's wanna to buy tokens from these bullshit exchanges.              

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April 17, 2020, 09:14:09 PM
 #53

Yes, the outcome of the IEO fell short of their expectations but since the team is financially buoyant to take care of the project and fund other expenses, that is a healthy development for the project and there is nothing to worry about. The listing will be done soo and I believe that some investor who perhaps is waiting for that will join in it. This will also ensure that bounty hunters are not left out of the reward system, irrespective of what might have happened during the IEO.
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April 17, 2020, 09:46:52 PM
 #54

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?
You can read the complete information here, regarding the results of IEO Hacken.ai
https://medium.com/@hackenAI/an-update-to-the-hackenai-community-1e1627578d9c
Next time, it's a good idea to ask the dev team directly, they will definitely be happy to explain the next strategic step. I think this is a pretty good project and the team is very transparent about this. The article also explained that they would continue the project with funds that had been prepared and assistance from partners.

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April 17, 2020, 10:43:22 PM
 #55

I read about the project, they seem to be having a working platform, what do they need to sell tokens for?
. Another round of IEO to another exchange will do
They have another way maybe so you can check their office telegram update, but this is confirm date hacken ai trading will start 27 April. So stay tuned for the future upcoming announcement even IEO totally have time in 8-9 hours because for this problem OceanEx exchange.
I have heard that too if the team was also getting problem at the crowdsale time caused by the oceanex itself. We will see that what will be happening with the price of hackenai token but the IEO has already surpassed its soft cap and that's why the token will still be listed on the oceanex exchange site. this has already stated by the team too.

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April 18, 2020, 12:20:58 AM
 #56

That is not a failure, they should move ASP to another exchange with good reputation and volume. I am following the project yet to read their whitepaper, but am willing to learn Cybersecurity from their project.
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April 18, 2020, 02:45:02 AM
 #57

That is not a failure, they should move ASP to another exchange with good reputation and volume. I am following the project yet to read their whitepaper, but am willing to learn Cybersecurity from their project.
What the project is about to do is list at good liquidity exchanges and this will definitely happen soon because the project is getting a lot of attention. I think IEO at Ocean exchange is still very good and not every project can be IEO here so Hacken is expected to be a promising project and I am willing to invest more if possible.

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April 18, 2020, 07:16:21 AM
 #58

I think the hacken team should have extended the duration of the IEO or could add a round of sales, or could even add the IEO list on another exchange if want to get the maximum funds. And also marketing here plays an important role for the success of the project and I think the concept of hacken is pretty good.

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April 18, 2020, 07:29:28 AM
 #59

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?
Are you invest in this project?
Developer team sometimes change the soft cap or the hard cap but when the project failed to achieve their first goal, hard to get more intentions form investor, atleast their change the exchange for make another IEO.
The Failure of IEO can be becuase the price token to high or investor didn't see the unique about the project.

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Kunnu
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April 18, 2020, 07:59:17 AM
 #60

Maybe this is not a correct time for ieo or the choice of exchange for ieo is not a good idea, these can be the major reasons of poor token sale anyways this is just a start of ieo hopefully hackenai team will have some effective strategies and plans for further ieo rounds.
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