AI Startup Neuromation.io Sells 60M NTK In Just 8 Hours

Neuromation continues to establish itself as a global AI on blockchain industry leader by exceeding all expectations

Tallinn, January , 2018 – Neuromation, an award-winning distributed computing and synthetic data platform for deep learning applications, has sold out of its issued Neurotokens (NTK) after just 8 hours of public sale.

The public sale along with the preliminary sales period resulted in 60 million Neurotokens sold for a total of 50 million USD at the time of the final sale. The contributions were collected in Etherium, Bitcoin, and other major altcoins. Participants from 89 countries registered on the platform during this period, highlighting Neuromation’s global reach.

The issued Neurotokens will be used by companies on Neuromation AI marketplace platform for settlement between contracted parties.

“Thanks to Neuromation’s global reach we’re closer than ever to implementing our vision of democratization of AI industry.” said Maxim Prasolov, Neuromation’s Chief Executive. “Granting Let’s Enhance with computing power was our first step toward this goal and our next will be donating 10% of token sale proceeds as grants toward AI start-ups and neural network researchers”.

In addition to giving back to the AI community as a whole, Neuromation will use funds raised to build its platform which will quickly become the chosen destination for AI services for the cost conscious organizations including small and medium enterprises.

The platform’s first version is slated to be available at the end of first quarter 2018.

About Neuromation: Neuromation is a tech company headquartered in Tallinn, Estonia. Its Neuromation platform is designed for the AI ecosystem and offers a much-needed solution to the industry by uniting market resources, the scientific community, and related parties in an all-in-one, user-friendly marketplace. For more information visit https://neuromation.io/.

Interview requests : Daria Posrednikov, daria@neuromation.io

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