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bitsCrunch to Launch on Three Major Exchanges After Successful Token Sale

bitsCrunch, an AI-enhanced data network that delivers NFT analytics and forensic data, is set to launch its native token $BCUT on three major exchanges on February 20th, at 13:00 UTC. The exchanges are KuCoin, Bybit and Gate, which are among the top 10 platforms by trading volume according to CoinMarketCap.

The listing comes after bitsCrunch successfully completed its public token sale on CoinList, a platform that connects investors with blockchain projects. The sale raised $3.3M from over 10,000 participants, who bought $BCUT at a price of $0.055 per token. This implies a valuation of $55M for the bitsCrunch network, which has a total supply of 1 billion $BCUT tokens. The initial circulating supply at launch will be 65M $BCUT, resulting in an initial market cap of $3.58M.

Prior to the public sale, bitsCrunch also raised $6.75M in four private funding rounds, attracting the support of prominent investors such as Coinbase Ventures, Animoca Brands, Chainlink, Polygon Ventures, Morningstar Ventures and others. These investors recognized the potential of bitsCrunch to revolutionize the field of blockchain analytics, especially for the fast-growing NFT market.

What is bitsCrunch and why is it important?

NFTs, or non-fungible tokens, are unique digital assets that represent ownership of various forms of content, such as art, music, gaming, sports, etc. NFTs have exploded in popularity in recent months, with record-breaking sales and mainstream adoption. However, the NFT market also faces challenges such as lack of transparency, fraud, theft, and inefficiency.

This is where bitsCrunch comes in. bitsCrunch is a decentralized, AI-enhanced data network that provides unparalleled analytics and forensic data for NFTs, wallets, and other digital assets on the public blockchain. By leveraging advanced machine learning and natural language processing techniques, bitsCrunch can extract valuable insights from massive amounts of data, such as provenance, rarity, valuation, sentiment, trends, and more.

bitsCrunch aims to empower various stakeholders in the NFT ecosystem, such as creators, collectors, investors, platforms, and regulators, by providing them with access to enriched NFT data within the bitsCrunch ecosystem. Users can interact with the network through user-friendly APIs, or through the bitsCrunch app, which offers a comprehensive dashboard for NFT analytics and management.

Moreover, bitsCrunch is committed to building a community-driven ecosystem, where individuals can contribute code or content, thus continuously enriching and expanding the network’s capabilities. Contributors are rewarded with $BCUT tokens, which also serve as the medium of exchange and governance within the network.

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