Bitfinex launches Catalyst Sales for Fetch.ai and others
Bitfinex launches Catalyst Sales for Fetch.ai and others
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Bitfinex launches Catalyst Sales for Fetch.ai and others

By Amelia Tomasicchio - 18 Aug 2020

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Bitfinex today announced the launch of Catalyst Sales, a technology solution designed to support secondary market sales in the digital asset ecosystem. Catalyst Sales provides token issuers the opportunity to enhance Bitfinex Token Sales technology to organize sales and grow the community.

Catalyst Sales gives BTS users the opportunity to receive token bonuses to encourage them to learn about and experience the networks of companies. Simply put, a kind of “airdrop”.

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

Fetch.ai will be the first to use Catalyst Sale starting August 27th at 10:00 AM UTC. When the sale opens, a limited amount of FET tokens will be sold at sports price, and users will receive an additional 50% FET bonus.

How does Fetch.ai work

The Fetch.ai project involves an artificial intelligence laboratory based in Cambridge. The company is building a decentralized and tokenized machine learning network that is accessible to all. 

The goal is to enable an intelligent infrastructure built around a decentralized digital economy.

After having launched a token sale on Binance in February 2019, Fetch.ai was listed on Bitfinex last August 11th with the FET/USD and FET/USDt pairs.

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

Amelia Tomasicchio
Amelia Tomasicchio

As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for Cointelegraph and CMO at Eido. She is now the co-founder and editor-in-chief of The Cryptonomist.

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