AdHive Closes $12M Tokensale with Whitelist Members' Deposits; Leaves out Open Phase of the Sale

TALLINN, Mar 26, 2018 - (ACN Newswire) - AdHive^[1], an AI-powered platform for influencer marketing announces that it has successfully closed the $12M hard cap ahead of the open phase of its tokensale. The company's innovative approach to AI-automated and blockchain-backed native advertising attracted a total of 5,839 token purchasers through the presale and Phase 1 of the tokensale.

                                             AdHive: World's first AI-controlled influencer marketing platform

"The global influencer market, whilst rapidly developing and setting the standards for advertising industry, has also remained one of the slowest in adopting innovations and implementing new technologies. With our tokensale goal achieved it's now legit our community has tremendous faith in AdHive prospects. We are believed to be the best suited project to take on the challenge of revolutionising the industry," says Dmitry Malyanov, AdHive^[2] Co-founder.

The project's token presale showed an impressive interest from the community and to ensure everyone's comfort, AdHive has introduced a deposit system for whitelisted members three days before the start of the tokensale. The company's intention was to avoid speed and price competition between potential buyers ("gas wars") and enable whitelist participants to buy tokens without having to catch the tokensale starting moment online. The system worked well and was warmly welcomed by AdHive's supporters.

With its custom AI-powered ads mass-placement on influencer channels, AdHive allows advertisers to go global effortlessly, thus saving time and budget. It is also letting the bloggers to receive gradable rewards that are sensitive to particular blogger's rating and ranking. The campaigns are carried via smart contract logic embedded into the platform core.

"We have already reached an agreement on ADH token listing with HitBTC, a fast-growing top-15 exchange, and are currently working to get the token listed with other leading crypto exchanges. In accordance with our roadmap, AdHive team will now focus on further development of the platform and its functionality. We will be strengthening our relations with influencers community and expanding our regional representation with offices in the United States and South Korea," adds Alexandr Kuzmin, AdHive^[3] Co-founder.

ADH tokens will be delivered to the tokensale purchasers' ERC20-compatible wallets following the KYC procedures completion. The company is currently evaluating different option for distribution of tokens and listing timing in order to achieve maximum effect both for token holders and advertisers.

CONTACT:Katalis Digital for Adhive+852 6712 2863[email protected]^[4]

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References

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