Sahara AI Community Round Raises Over 8.7 Times Exceeding $74 Million, Igniting Discussions on the Integration of AI and Blockchain
(Background: Sahara AI completed a $43 million financing round to create a collaborative AI economy)
(Context: AI × Crypto Convergence: In-depth Analysis of Five Major AI Layer 1 Projects)
The heavyweight AI crypto project Sahara AI completed its community round on the 16th at BuidlPad, attracting over $74 million in just 10 days, approximately 8.7 times higher than the hard cap of $8.5 million. Data shows that investors come from 118 countries, highlighting the retail market’s expectations for AI-native blockchains.
Global Investor Enthusiasm
BuidlPad statistics indicate that the event attracted over 100,000 participants, with approximately 34,000 qualified accounts confirmed after KYC. Ultimately, more than 30,000 transactions were processed. Each investor could contribute between $50 and $3,000, with options to pay in either USD1 or BNB. Once the allocation was filled rapidly, the platform refunded the excess amounts as per regulations.
To eliminate fraudulent accounts, BuidlPad removed about 69,000 suspicious addresses and restricted participation from certain regulated areas. The platform stated that this measure not only maintains fairness but also reduces compliance risks for the subsequent token listing.
Token Economics and Investment Lineup
This round released 1.4167% of the total token supply, with all tokens unlocked on the day of the Token Generation Event (TGE) and no lock-up period, demonstrating the team’s confidence in the project’s liquidity. Early shareholders include several institutions such as Polychain Capital, Binance Labs, Pantera Capital, Sequoia, and Samsung, adding credibility to the platform.
Sahara AI positions itself as a full-stack AI blockchain, allowing users to earn rewards in data, marketplace, and development aspects. The impressive performance of the community round confirms that there is still imaginative potential in the intersection of AI and blockchain.
