Hacken ai IEO failed

[AD Node]

18% is a pretty high number for an IEO in 24hours, a few other projects didn't archive this in months, take a look at BTW bit wings, they are running an IEO/ICO for months, and they got almost same rate as hacken AI.
The team will need to do a better plan, to get a successful IEO

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[makishart]

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.

This is the best time to do IEO and you can check now on the icodrop and there are bunch of IEOs raised the hardcap instantly without needed a lot of time. The problem is hacken was getting listed in  a medium exchange site which was not having enough volume and demand.

[Bestmanbuka]

No exchange 💱 started with the intention to fail, if their IEO failed in OceanX which I'm not seeing as a failure because 18% deducted from 100% means progress to me.
In any case, if the OceanX exchange won't meet their soft cap, they will definitely negotiate with another exchange. I'm following the project and I wish them many success.

[skeleto88]

It is too early to say the the project have already failed as long as the team is still working and the project is still developing. They are just in IEO phase and there still a lot of things can happen. If they want 2nd round of IEO they could hold it in to more reliable or reputable exchange. Let's just wait for them team and project to build up or die until we make any conclusions.

[southerngentuk]

18% is a pretty high number for an IEO in 24hours, a few other projects didn't archive this in months, take a look at BTW bit wings, they are running an IEO/ICO for months, and they got almost same rate as hacken AI.
The team will need to do a better plan, to get a successful IEO

Exactly, they completed one fifth of their IEO goal in 24 hours and I think that was a success as well. I have seen projects implementing IEO for several months but they still cannot reach 10% of their goals. If this project still needs budget for development then I believe they will implement many other IEO rounds in other exchanges.

[sayam]

I don't want to call it failed IEO Because in a 24 hours time frame 18% sell is not bad in any way. However, I think another good exchange should have been chosen for IEO. Hopefully they will host next round of IEO on any reputed exchange.

[FireBallex]

18% is a pretty high number for an IEO in 24hours, a few other projects didn't archive this in months, take a look at BTW bit wings, they are running an IEO/ICO for months, and they got almost same rate as hacken AI.
The team will need to do a better plan, to get a successful IEO

Na this is bad, compared to other IEO from exchange this year this is total failure, why comparing IEO with ICO? Bitwings still runs their ICO till date not on exchange, you can buy BWN only on their website not exchange

[killerfrost]

I don't want to call it failed IEO Because in a 24 hours time frame 18% sell is not bad in any way. However, I think another good exchange should have been chosen for IEO. Hopefully they will host next round of IEO on any reputed exchange.

I also hope they can implement IEO at larger exchanges. If they do IEO in the leading exchanges in this market, like Gate.io or Kucoin ... I think their IEO will be completed within minutes because this is a great project about AI.

[shaheer001]

Nowadays IEO totally depends on Exchange if the Exchange is good to rank and its reputation is best every project succeed.  Some time project is too good but the exchanges totally flop that project in Initial exchange offers.

[Cheesus]

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.

This is the best time to do IEO and you can check now on the icodrop and there are bunch of IEOs raised the hardcap instantly without needed a lot of time. The problem is hacken was getting listed in  a medium exchange site which was not having enough volume and demand.

Though I won't call this is the best time for IEO but Hacken IEO failed because of their wrong chosen exchange! There was not enough news or hype about their IEO. Hacken AI just launched a bounty campaign and after a few days, they announced Ocean Exchange will conduct Hacken IEO! You are right, that exchange has a very low volume and demand is not high! Hacken should have come in Kucoin or Gateio for the IEO!

[mdzahed134]

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.

Time is not matter for IEO's schedules, it is depends on the choice of exchanges. In major exchanges IEO's tokens will sold within a several hours. OceanX exchange wasn’t suitable for hacken ai project, if will comparing liquidity. I don’t think 18% it’s seems too low fund raised within 24 hours. HAI will get list an exchange in this month.                     

[Cheesus]

Nowadays IEO totally depends on Exchange if the Exchange is good to rank and its reputation is best every project succeed.  Some time project is too good but the exchanges totally flop that project in Initial exchange offers.

This is absolutely true! Good project's IEO on a bad exchange means the fundraising will fail! But average project but IEO in top exchange like Binance or Kucoin means huge success! IEO totally depends on exchange, not on projects!

[casperBGD]

Nowadays IEO totally depends on Exchange if the Exchange is good to rank and its reputation is best every project succeed.  Some time project is too good but the exchanges totally flop that project in Initial exchange offers.

This is absolutely true! Good project's IEO on a bad exchange means the fundraising will fail! But average project but IEO in top exchange like Binance or Kucoin means huge success! IEO totally depends on exchange, not on projects!

good exchange would scan the project before IEO, not just list it for money, and that is why it is good to have IEO on reputable exchange, because investors believe more in good exchanges

[Alexmagn84]

I have buy some HAI in IEO even right now Don't matter IEO failed or success Because if team will do expensive development program. But man you know OceanX exchange was some problem then HAI IEO can't run 24 hours, kindly check their Telegram announced.     

[SaShiRaJaVu]

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?

Looking at the topic heading i thought that the project failed to produce the results but then they failed to attract investors, these are difficult times and i am not aware of the exchange where they are dealing, unless they are able to explore big exchanges with legit volume it is hard to see someone going to make an investment and to attract the whales you really need to get involved with big exchanges.

[tanjiran]

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.

That's right, the IEO conducted at Oceanex is only 24 hours, and has sold 18%. This is a difficult time, for middle-class exchange, it takes innovation and more time I feel to be able to form a strong community. Moreover, this IEO takes place simultaneously with the bounty campaign, although not too significant, the bounty campaign should be able to expand the project network to attract investors.

[cizatext]

I dont think it only because the team sold 18% of they token in the IEO that lead to the closer of the project, i read in a telegram group that the project was brought down due to plagarise whitepaper. Because if it due to low ieo sale their can always be another round.

[FLHippy]

Do not worry, it seems like a strong project, not only because OceanX chosen them as an next upcoming IEO. They already have working MVP, so I believe that they will attract investors in the next phase, and for you as an investor it is much better when investors come after IEO and buy your tokens for higher price. 

[Denamen]

Do not worry, it seems like a strong project, not only because OceanX chosen them as an next upcoming IEO. They already have working MVP, so I believe that they will attract investors in the next phase, and for you as an investor it is much better when investors come after IEO and buy your tokens for higher price. 

This is only an early stage of the project and will need more time to attract more new investors in the near future. I think IEO will be very few participants during this period and if the disease situation gets better then investors will tend to choose more investment. Of course only 18% are sold and very few investors hold the coin so I believe it will be pumped on the first trading day.

[oscarftw]

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?

There is nothing big problem they run another round. More time doesn't mean failed project. I like this project bounty detective has two good project Hacken and earnbet. Check history! So many good project failed their ICO then started with IEO on exchange. Project failed this isn't right word, here Hacken is a good project they can change to another exchange.