Fetch.AI ICO Sells Out In 10 Seconds, Over $6 Million Raised

Fetch.AI Sells Out In 10 Seconds, Over $6 Million Raised

CEO Of Binance Changpeng Zhao ‘CZ’ has announced on Twitter that the Fetch.AI [FET] ICO token sale has strikingly sold out in about 10 seconds. Binance sold 6% of the cumulative supply for about $6 million

Fetch.AI is bringing together Artificial Intelligence, Machine learning, multi-agent systems, and decentralized ledger technology to create an ‘economic internet’. Fetch.AI is aiming to create a digital infrastructure for deployment of multi-agent systems, a unique scalable ledger to support high transaction rates and an economic framework for governing dynamic marketplaces.

This token sale has followed suit with the BitTorrent token sale that sold out 23.76 Billion BTT in 13 Minutes on the Binance Launchpad and raised over $7 Million.