Topic: Fetch.AI - Making your life easier (Read 482 times)

We are getting some revelation of the atrocities that take place with their so called IEO, It might not last long if they not are controlled. The truth is, there was no actual sale, just a pump and dump process that only enriches the exchange.

And that is my question, why are these so called IEO are being sold in less than a minute? Is there some kind of manipulation from behind? Of course they are back up by trusted exchanges but who actually bought it? Are they really investors or just trying to take advantage of this new platform? Yes, not just Fetch.AI but a lot of upcoming IEO has a lot of hype behind it. Maybe this could be the new era but then again as I have said, something needs to be done to somewhat control their kind of manipulation, so to speak.

Fetch seems a good project got listed on Binance last month and showing decent variations on the price too. If we wish to invest this could be one of the good coin which has potential in future too.
So far projects from Binance launchpad are not failed in the market or it's real time projects too.

I checked the price on coinmarket and it's on the positive: $0.205934 USD (0.55%).

I haven't followed much of the IEO crazed, but it seems that investors are really making a lot of headway towards this kind of investment scheme.

Maybe the primary reason is that it's being launch by exchanges which is trusted and reputable so I'm not surprised in the tokens are sold in less than a minute and the price stabilized a bit.

IEO mostly are taking only less than a minute. This Fetch.AI, I quite hearing a lot about this kind of project. And looking at the coinmarketcap despite of having a bear market it's doing well in the market.

I know Fetch AI project and I actually thought that they do have quite a lot of discussions and progress in the industry of AI, you can see this actually from their Twitter and videos which I had been following last year.

But I agree,,, it felt too weak to be demanding for so many different rounds of funding, and I was quite surprised to see Binance Launchpad do the IEO for them and it finished in less than 1 minute.

On the surface, it looks like the OP is part of the team. "[email protected]". I guess he just wanted to show the community how "good" this project was. However, he suddenly disappear, LOL.

@shitcoinoffering has put a lot of effort exposing this ICO, gone in 60 seconds? Wow. This new wave of crowdfunding (IEO) has put a lot of spin on the word scam and it looks like we really can't judge how the investors are really suckered into this kind of trap. Wait for 5-6 months and see if the project will be successful or not. MultiVac tokens was sold in 7 seconds  . What next? I guess exchanges should have a system in place to stop this kind of "manipulation'.

no

Does this thread represent the usual announcement thread for project discussion or just the casual discussion of interested members? Is the OP a member of the Fetch team and should we expect a regular updates from them if they are part of the team.

Of course, you can not overestimate and blindly believe in the success of the project.
I see a good team, and if within a couple of months the developers show primary results, and not just a website and white paper, the project will have a good future.

You can now instantly buy and sell Fetch with euro, bitcoin and tether on bitqist. bitqist is the most easy-to-use cryptocurrency platform for buying, selling and storing more than 140 cryptocurrencies. For more information, visit the Fetch Exchange.

Tbh there is nothing special in the main idea behind Fetch.Al.
I am not surprised that they gathered $6 Million in seconds, of-course brand name is enough for this much crowdfunding as it was listed on binance launchpad.
It wasn't a public sale, but a private sale for private investors and yes huge manipulation is expected in price due to this.

All projects cant really be trusted and with this one isnt an exception.I didnt tried to search up further more with this project but it seems it do have a good real-world usage
but well lets talk on investors side which if the price retains after 4-5 months before it was traded and the price havent dumped yet which means you can risk out to purchase even further
or would dump immediately on securing profits.Your choice.

It's impressive but I don't fully trust this stuff.
While this price is purely manipulated by the whales to entice more people to hop in and when they gets into the trap, it's time to dump. Ohh not to mention its billion supply, let's see more months now.

Try to look on the charts https://coinmarketcap.com/currencies/fetch/#charts
This project is doing pretty well and when it comes to prize i was amazed that it didnt dropped too much in spite on having
a very bearish market as of this moment.

Lol, you are obviously hyping the project which is clear scam. Or if you aren't aware read the post before you.
It's really absurd to think that a project will be sold out in minutes or seconds unless there's an inside job on it. Don't trust it if I were you.

Hello, date you open this topic 17 October 2018, and I wish I had met you at that time.. Fetch made a great ico and just ended in 22 seconds.  and now on the 2nd day the price is pretty good, but hopefully the team doesn't sell what they have, and so the price increases

We check a startup that collected 6 million bucks in 22 seconds on Shitcoin Bingo

On Monday, Fetch AI startup hold a sale on the Binance Launchpad platform and collected a hard cap of 6 million bucks in 22 seconds. The hype was as if Kanye had dropped new Yeezys with the Apple Watch sewn into the tongue.



We are not hypocritical and sincerely pleased with this event. It perfectly demonstrates that either the jumps of the cryptocurrency didn’t kill human excitement nor the scammers’ tricks. Cryptocats still have BTC and ETH, and they don’t mind investing in interesting startups. Wow!



Fetch AI is a futuristic idea in the style of Asimov and Heinlein. Artificial intelligence with Blockchain and other lit features will turn the Internet into a place where the seller and the buyer will easily and quickly find each other without any middlemen. The future of the economy is finding a haven in the powerful hands of the collective mind!



We were very surprised when we saw that a startup’s uninformative video for 6 million in 22 seconds had so few views and reactions. But not all of us are Youtube fiends, right?



Binance has a Launchpad, Shitcoinoffering has Bullshit Bingo. We had to show you how to use it a long time ago. And now the time has come. We read Fetch AI’s whitepaper and found a few matches with the classic scam ICO.












Turned out 12 out of 25 in total.




Let’s add here the financial performance of the past project of the startup’s founders. And a non-working website of the before last one. That doesn’t seem that cool now.




And to say, this wasn’t the first sale. Here are the numbers Binance gives about past Fetch AI sales.



Although the team still hasn’t done anything except the website and whitepeaper. Yes, they have a whole staff of theoretical professors. But the fate of the project will be decided in the next six months. If during this period, investors won’t receive nothing except statements about the lack of money and press releases about the furious future and flying Lambos, Fetch AI won’t be interesting to no one. Just like Mars One. The idea is so ​​fucking futuristic, like, straight from the cover of your favorite book: charmed everyone and pulled the wool over the eyes. And then: oops, sorry, guys, we couldn’t.

 

We sincerely hope that the story of 22 seconds on the Binance Launchpad will develop into a solid working project that will change the future. That everyone will see how investment in startups pays off. That Blockchain, like Adidas, says: Impossible is nothing.

 

But so far we only have hype, shitcoin bingo, and sketchy startup founders. That’s how we live.

ICO Analysis: Fetch.AI
on November 6, 2018
By Daniel Won
Proof: https://hacked.com/ico-analysis-fetch-ai/

Team
Humayun Sheikh (Co-Founder/CEO)
He was Chairman of the Mettalis Group, a UK commodity trading company which he helped to grow into a multimillion-pound business during a 5 year tenure as well as being an early investor in DeepMind. Humayun then went on to found Itzme and uVue, before taking on his current role at Fetch.AI.
Toby Simpson (Co-Founder/CTO)
Simpson was one of the original developers with DeepMind prior to their takeover by Google. He since went on to join Ososim as CTO and has an extensive background in software development and over a decade’s experience as a CTO.
Thomas Hain (Co-Founder/CSO)
Hain is a Cambridge University graduate where he went on to lecture prior to his tenure as a professor and department head with the University of Sheffield where he has been working for over 14 years.

Advisors
The Fetch.AI project only features two advisors. Namely these are Melvyn Weeks, an economics advisor of the project who is a Cambridge University Lecturer, and Monique Gangloff as a biotech advisor. She is also a senior scientist at the University of Cambridge.

Partners
The project has several well-recognized partnerships. These include Warwick Business School, Token Market, ULedger, Mobi, and Outlier Ventures.

Verdict
Below is a breakdown of the risks and growth potential of Fetch.AI.

Risks
    The project is still in the very early stages of development with roadmap details which are not hugely extensive. (-2)
    Many token metrics are quite unclear. This specifically includes no availability of exact pricing during the crowdsale. (-2)
    There appears to be a small percentage of tokens made available to the public, whilst a large percentage is allocated toward project-oriented areas (Founders, Foundation, and Advisors total 50%) (-1)

Growth Potential
    The project possesses a large and highly experienced team from a variety of academic, practical, and corporate backgrounds. (+4)
    The technical proposals and concept of the project are very attractive and presented in a professional manner. (+2.5)
    The target sector of the project is one which can ultimately benefit very much from the success of Fetch AI in automating and enhancing the blockchain through AI and machine learning. (+2)
    AEAs operating within the open framework allow the project to overcome scalability issues better than other ecosystems. (+2.5)

Disposition
Fetch AI is a project which is proposing a very exciting and necessary solution to the issue of current ledgers. This is something which can also greatly benefit users. The implementation of AI and the use of AEAs can help propel the project to the forefront of the industry and be a great success. It is also backed by a very strong team of academics from the likes of Cambridge as well as pioneers in the AI field, such as CEO Sheikh and CTO Simpson (early investor in and one of the original developers at DeepMind respectively).
The future of the project looks positive, however the company has to continue being active in producing practical and quantifiable progress on technical development. This is yet to be very evident in practice.
If the platform succeeds through testing, it has great potential.
Overall Project Score: 6/10

Investment Details
    Type: ERC20 then Native
    Symbol: FET
    Platform: Ethereum prior to Mainnet (2019 Q2)
    Crowdsale: September 30th – November 30th
    Minimum Investment: Unspecified
    Price: Unspecified ($0.13 approximately, deduced from total token release/hardcap)
    Hard Cap: $30,000,000
    Payments Accepted: ETH

Hi Bitcoin Talk community,

In my last post I introduced the Fetch.AI ledger, but now, I'd like to talk about what Fetch.AI truly means for you.
Simply, Fetch.AI is an unparalleled problem solver, looking to make your life easier. We do this by restoring power back to you, the individual, and seek to harness the power of data.

At Fetch, we're not afraid to question 'why?'

Why are we confined by faulty centralised systems? Why do we spend so much time trying to find solutions to complex problems rather than getting our technology to solve it for us? Why isn't there a better way?

Fetch.AI are the better way. We propose an open, decentralised system for transactions along with one key component that connects you with relevant and useful information: your Autonomous Economic Agent (AEA).

AEAs are tiny bits of code that can go into the Fetch world and find you data you need when you need it and can acquire data you might need based on your preferences and transaction history on the network.

The future with Fetch.AI is a future actively adapting to you and to help you imagine this future, our Senior Software Engineer and Head of Community, Josh Croft, has envisioned how your future looks with Fetch in a recent article that we highly recommend. 

https://fetch.ai/blog/autonomous-economic-agents-in-your-home?id=523

We hope you enjoy the read.

To find out more about Fetch.AI please stop by our website at: https://fetch.ai

-

[email protected]