Hacken ai IEO failed - page 11. | Bitcointalksearch.org

slaman29

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Quote from: Kunnu on April 18, 2020, 02:59:17 AM

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.

IEO and ICO and whatever stopped being a good idea the minute we realized that everything was a pump and speculative hype in 2017. IEOs took advantage of people being naive by tricking them to think that reputation is a guarantee of success. Even I learned the hard way that people I looked up to would help trick you. Money is everything.

Bestmanbuka

jr. member

Activity: 586

Merit: 1

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.

makishart

legendary

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Quote from: Kunnu on April 18, 2020, 02:59:17 AM

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.

AD Node

member

Activity: 140

Merit: 57

https://streamies.io/

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

Kunnu

member

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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.

Strongkored

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Quote from: Doranile432 on April 17, 2020, 01:14:15 AM

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.

kaneki007

sr. member

Activity: 1190

Merit: 257

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.

Denamen

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Activity: 499

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Chainjoes.com

Quote from: Ibizugbe1 on April 17, 2020, 07:20:58 PM

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.

Inosend

copper member

Activity: 299

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That's the problem with most of these exchange, have seen a whole lot of potentials projects heading south because of bad exchange decisions.

Ibizugbe1

member

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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.

X-ray

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Quote from: amonymous on April 17, 2020, 02:32:28 PM

Quote from: EbriDan on April 17, 2020, 02:14:38 AM

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.

gundala

full member

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Quote from: Doranile432 on April 17, 2020, 01:14:15 AM

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.

Denreal

jr. member

Activity: 784

Merit: 6

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.

mdzahed134

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Quote from: SyndicateLabs on April 17, 2020, 06:49:10 AM

Quote from: Doranile432 on April 17, 2020, 01:14:15 AM

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.

sorrros

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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.

Chuky92

copper member

Activity: 966

Merit: 5

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.

Mianae

member

Activity: 798

Merit: 14

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.

Denies Distro

full member

Activity: 756

Merit: 107

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.

amonymous

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Quote from: EbriDan on April 17, 2020, 02:14:38 AM

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.

BitcoinTurk

hero member

Activity: 1666

Merit: 629

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.

Topic: Hacken ai IEO failed - page 11. (Read 2299 times)