bitsCrunch, a decentralized AI-powered data network, empowers a new era in blockchain analytics. The native utility and governance token for the bitsCrunch network is BCUT (bitsCrunch Token). The BCUT token will be available for sale through CoinList, which will involve 6% of the total supply of 60,000,000 BCUT for public sale.
As per the announcement, the BCUT token sale on CoinList is scheduled to begin on December 14, 2023 at 17:00 UTC. The Community Sale will offer 3.6 million BCUT tokens at a price of $ 0.055 per token. The registration closes on December 11, 2023 at 12:00 UTC.
The bitsCrunch network centers around decentralizing blockchain analytics and forensics. $BCUT plays a key role in achieving this vision. At the core of this initiative, $BCUT token is designed exclusively as a utility token to facilitate seamless network operations. The $BCUT token ensures a secure and efficient network functioning through the blend of cryptographic techniques and economic incentives, aimed at fostering adoption and upholding network security within the bitsCrunch ecosystem. The bitsCrunch network ecosystem is rapidly expanding drawing in a growing array of top companies from the Web2 and Web3 sectors
In the bitsCrunch Community Sale, participants have the flexibility to acquire BCUT tokens in the range between $50 – $2000. Community members have an opportunity to participate in the sale at a favorable rate of $0.055 per $BCUT. After the public sale, the buyers will then enter a lock-in period until the mainnet launch. There will be a 20% unlock at the Token Generation Event (TGE) followed by a 12-month linear release. The TGE is expected to happen on or around January 24, 2024. During the bitsCrunch community sale, an additional 10,000,000 BCUT tokens may be made available for purchase at the discretion of bitsCrunch Users who pre-fund and buy a minimum of $350 in BCUT qualify for an extra 450 BCUT.
To participate in the bitsCrunch Community Sale, users must have their wallet funded with a minimum purchase amount of $50 in USDT or USDC before the registration deadline (December 11, 2023 at 12:00 UTC). Also, the users must fully fund their CoinList wallet with the desired purchase amount before completing a transaction in the community sales. The users cannot fund their wallet, once the sale starts on December 14, 17:00 UTC It is considered a must to complete KYC/AML (Know Your Customer/Anti-Money Laundering) checks to participate in the sale Additional allocation request allows an increase in the maximum purchase amount within the community sale. Participants who purchase the maximum amount of BCUT tokens of $2000 will have the option to request an additional allocation. Post sale, unsold tokens will be randomly allocated to the participants who have submitted this request. They can request up to $2000 as additional tokens in the bitsCrunch community sale.
Participants ranked within the top 2000 in the Testnet Task 3 will have the opportunity to join the priority queue for the upcoming $BCUT community sale on CoinList. Here are other additional criteria to ensure eligibility to join the priority queue,
Must have a KYC-fulfilled CoinList account and completed the community sale registration.
Users may not be residents of any of the restricted jurisdictions
About bitsCrunch
bitsCrunch is on a mission to elevate the global Web3 ecosystem by forging a safer, more transparent future for NFTs and other digital assets. The network aims to achieve this by offering unparalleled data insights, forensic data and development tools.
At the heart of the solution is the bitsCrunch Network — an AI-enhanced data network that delivers high-quality analytics and forensic for digital assets. Accessible via APIs, the network promotes a community-driven ecosystem and encourages diverse application development. Multi-Chain Integration Made Simple: Use a single API to access insights across multiple blockchains. Ideal for developers building multi-chain applications.
Forensic data — the bitsCrunch Network offers detailed forensic data on NFTs and other digital assets, enabling users to identify potential risks, fraudulent activities and maintain security. High-quality analytics — users are able to make informed decisions about their investment with in-depth analytics. For example, the network leverages AI technology to provide accurate price estimations for NFT tokens, among other insights. Community-driven ecosystem: The network encourages individuals to contribute code or content, allowing for continuous growth and refinement of the data and services offered.
