AI powered influencer platform AdHive has successfully closed a $12m tokensale round with deposits from whitelisted users.
AdHive recently teamed up with blockchain resource BitRewards in order to refine their e-commerce strategy.
The company shifted 5,839 tokens through the presale and first phase of the tokensale. To alleviate competition, AdHive launched a deposit system three days before the tokensale began so potential investors didn't have to wait for the sale to go live.
AdHive's automated mass placement is designed to reward more influencers with less effort, and the blockchain initiative hopes to continue this trend.
Off the chain
"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,' Co-founder of AdHive Dmitry Malyanov commented.
"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."
Co-founder Alexandr Kuzmin also added: "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."
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