Bitfinex Token Sales Launches Catalyst Sales, A Plug-and-Play Technology Solution To Support Secondary Sales

Aug 18, 2020

Leading issuance technology platform announces support for secondary token sales, and inaugural secondary token sale by Fetch.ai

18 August 2020 — Bitfinex Token Sales Inc., announced today the launch of Catalyst Sales, the first formal plug-and-play technology solution to support secondary sales in the digital asset ecosystem. In conjunction with this launch, Fetch.ai will conduct the first Catalyst Sale using the Bitfinex Token Sale technology.

Catalyst Sales provide token issuers the opportunity to leverage the best-in-class Bitfinex Token Sales’ technology to conduct a token sale and grow their community. Catalyst Sales give BTS users the opportunity to receive bonus tokens to encourage them to learn more about and try out the token issuer’s network.

“Bitfinex Token Sales envisions another industry innovation, the technology that powers the first formal secondary sales in the ecosystem. Catalyst Token Sales will aid in expanding user access to tokens while simultaneously helping the ecosystem flourish,” said Paolo Ardoino, CTO at Bitfinex Token Sales.

Fetch.ai will conduct the inaugural Catalyst Sale on the 27th of August 2020.

Fetch.ai combines the benefits of several domains, including blockchain, artificial intelligence, and machine learning to create the infrastructure required for autonomous software agents to begin performing useful economic work on behalf of individuals, businesses and organizations. Fetch.ai recently upgraded its mainnet which enables individuals to develop and deploy decentralized real-world applications using the native FET token.

“We are very pleased to have this opportunity to conduct a Catalyst Sale and believe fully in Bitfinex Token Sales’ vision to create a secondary token sale opportunity”, said Fetch.ai CEO Humayun Sheikh. “The Catalyst Sale will allow us to present our disruptive technology to a broad swathe of new users, giving them access to a world powered by decentralized AI.”

The Fetch.ai Catalyst Sale opens at 10:00AM UTC on the 27th August, 2020. When the sale opens, a limited quantity of Fetch.ai tokens (FET) will be sold at the spot price, with successful contributors receiving an additional FET bonus of 50%. The bonus tokens will be distributed in four equal tranches on the 6th September, 16th September, 26th September and 6th October respectively. For step-by-step instructions on how to participate in the sale, visit https://tokensales.bitfinex.com/help/purchase

To learn more about the Fetch.ai Catalyst Sale, please visit https://tokensales.bitfinex.com/

About Fetch.ai

Fetch.ai, a Cambridge-based artificial intelligence lab, is building an open access, tokenized, decentralized machine learning network to enable smart infrastructure built around a decentralized digital economy. Fetch.ai’s network is based around an open-source technology that any user can run to connect to the network, giving access to the power of AI on a world-scale secure dataset, to carry out complex coordination tasks in the modern economy.

About Bitfinex Token Sales

Bitfinex Token Sales offers high-quality crypto projects a plug and play token sale technology platform to simplify the token sale process. Bitfinex Token Sales allows projects to focus on growing their communities and acquiring new users, rather than the technical and administrative details of their token sale.

Important Notes

This press release is not an offer to sell or the solicitation of an offer to buy any tokens. Any sales would be made only through definitive agreements and subject to the terms and conditions of the Bitfinex Token Sales platform. In particular, this press release is not an offer to sell or the solicitation of an offer to buy any Fetch.ai tokens (FET). Any sales of FET tokens would be made only throughCatalyst Sale User Agreement August 2020” with Fetch.ai Foundation PTE LTD and subject to the terms and conditions of the Bitfinex Token Sales platform.

Offers and sales of tokens through the Bitfinex Token Sales platform will not be made in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction or in any jurisdiction which would require licensure or other registration of the Bitfinex Token Sales platform. Further, sales will not be made to persons or entities of the British Virgin Islands, Canada, the United States, or Switzerland or in jurisdictions or to persons prohibited under applicable law or sanction regime.

Forward-Looking Statements

Certain statements in this press release may be forward looking in nature. The words “believe,” “expect,” “estimate,” “could,” “should,” “intend,” “may,” “plan,” “seek,” “anticipate,” “project” and similar expressions, among others, generally identify “forward-looking statements,” which speak only as of the date the statements were made. The matters discussed in these forward-looking statements are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements. Neither Bitfinex Token Sales nor any other person is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.