BUCHAREST (Romania), December 13 (SeeNews) – Romanian deep tech startup Humans said on Monday it has raised $1.17 million (1.04 million euro) through a public token sale.
The company launched the Initial Decentralized Offering (IDO) in partnership with Polkastarter for the further development of its decentralised platform for AI-based creation and governance, it said in a press release.
The token sale went live on December 9 and was immediately oversubscribed, closing in less than 30 minutes.
“This is only the beginning, as we plan to continue investing in innovation, empower creators to build without limitations, and innovate using Artificial Intelligence and Blockchain technology, everything based on governance and transparency for all AI models generated on the Humans.ai platform,” Humans CEO Sabin Dima said.
The company has also announced that its native $HEART token will be listed on cryptocurrency exchange platform KuCoin, as of December 13th.
Humans develops an innovative technology through which it creates unique AI models with an initial focus on the generation and manipulation of digital DNA, generating synthetic media. It recently announced the launch of its Proof-of-Human solution which validates the presence of a person behind an AI decision.
Humans has previously raised $9 million through the private sale of cryptocurrency from over 60 investors in their private sale round, ranging from business leaders, tech executives and blockchain experts to community leaders and top management from tier-1 companies.
Investors in the startup include Razvan Munteanu, Elrond Research and the Early Game Ventures investment fund.
($=0.8875 euro)
