The Romanian deep tech startup Humans.ai has closed its public token sale on Polkastarter in record time, raising $1,17 million via the cross-chain token offering platform.
The company launched the IDO (Initial Decentralized Offering) in partnership with Polkastarter, to help engage the community in the further development of the decentralized Humans.ai platform for AI-based creation and governance at scale. The Humans.ai $HEART token sale went live on the 9th of December and was immediately oversubscribed, closing in less than 30 minutes. The $1,170,000 raise is the biggest pool on the Polkastarter platform so far.
“We are excited that the Humans.ai IDO on Polkastarter was oversubscribed and sold out in less than 30 minutes. The community participation was amazing! We are very thankful to every investor for supporting us during this process. Polkastarter has also been a great partner and supporter of the Humans.ai project and our ambition to create the first framework for ethical AI and Blockchain,” said Sabin Dima, CEO at Humans.ai.
The company has also announced that its native $HEART token will be listed on one of world’s top cryptocurrency exchanges, KuCoin, as of this Monday, December 13th. KuCoin is a major exchange in the crypto market, established in 2017 with more than 500 currencies included in its 750 trading pairs. KuCoin is used by more than 10 million registered users globally and is one of the largest social trading platforms.
“I’m very proud of our team who has worked tirelessly over the last months to make this happen. This is only the beginning, as we plan to continue investing in innovation, empower creators to build without limitations, and innovate using Artificial Intelligence and Blockchain technology, everything based on governance and transparency for all AI models generated on the Humans.ai platform,” added Sabin Dima.
In September 2021, Humans.ai raised $9 million from over 60 world-class investors in their private sale round, ranging from business leaders, tech executives, and blockchain experts to community leaders and top management from tier-1 companies. Among the investors were major blockchain investors as the entrepreneur Răzvan Munteanu and company Elrond Research.
Humans.ai is a platform that integrates data and technology to generate unique AI models with an initial focus on the generation and manipulation of digital DNA, generating synthetic media. The new Proof-of-Human technology validates that there is a person behind every decision of the AI and uses blockchain technology to encapsulate each AI in an NFT (token non-fungible).
“Our plan is to continue our investment in innovation so that we can allow anyone to create anything they can imagine, without any constraints on time, space, budget or skills, combining blockchain technology and Artificial Intelligence (AI). We will do everything based on governance and transparency for all AI models generated on the humans.ai platform,” CEO Sabin Dima said.