BitAI
An artificial intelligence trading machine.
Description
A company which developed a new artificial intelligence trading machine which was able to learn from human behavior and guessed the future of cryptocurrencies in the market.
Legal Name
-
Former Legal Name(s)
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Company Reputation
-
Entity Type
Private limited company
Ownership Status
-
Operational Status
Inactive
Founded Date
2017
Operational Duration
1 year
Shutdown Date
2018
Last Financing Round
-
Total Raised
-
Last Financing Date
-
No. of Funding Round(s)
-
No. of Investor(s)
-
No. of Employees
-
Total Revenue
-
Post-money Valuation
-
Market Capitalization
-
Stage of Development
Development
Transactional Model Type
B2B
Defensibility Moats
Customer insights,
City
San Mateo
State/Province
California
Country
United States
Industry
Blockchain
Categories
Cryptocurrency, Bitcoin, FinTech,
- Fraud
- No platform or goals were completed as promised as outlined in the timeline since BitAi went live in September 2017.
- No communication or statements about the project or lending platform update since 4th April 2018 and all previous communication had been excuses from hacks to staff going on maternity leave to servers going down & changing.
- BitAI refused to send BitAI tokens to the majority of people who purchased them with either Bitcoin or Litecoin in the BiAi ICO last year.
No goals were completed as promised
Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%
| No. | Image | Name | Similarity score | Description | Industry | Categories | Location | Ownership status | Entity type | Stage of development | Transactional model type | Defensibility moats | Last financing round | Total raised | Post-money valuation | Last financing date | No. of funding round(s) | No. of investors | Investors | Total revenue | Market capitalization | No. of investments | No. of acquisitions | No. of board seats taken | Competition | Management | No. of employees | Company reputation | Contact info | Operational status | Operational duration | Shutdown date | Founded date | Legal name | Former legal name(s) | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | BitConnect | 49.0% | An open source all in one bitcoin and crypto community platform. | Blockchain | Bitcoin, Cryptocurrency, FinTech | United Kingdom | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2015 | - | - | - |
1. |  | Cryptokart | 12.0% | A global cryptocurrency exchange. | Blockchain | FinTech, Trading Platform, Cryptocurrency | Georgia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2017 | - | - | - |
2. |  | Bitcoin Private | 10.9% | A community-driven cryptocurrency that was forked from Zclassic and Bitcoin. | Blockchain | Bitcoin, Cryptocurrency, Finance, Financial Services | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2018 | - | - | - |
3. |  | TruStory | 10.2% | A place where people could come together to have productive debates. | Blockchain | Cryptocurrency, Software, News | United States | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2018 | - | - | - |
4. |  | FirstCoin | 10.1% | A cryptocurrency with the goal of coordinating economy sharing and crowdfunding with a special focus on supporting startups. | Blockchain | Bitcoin, Cryptocurrency, Startup | United Kingdom | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2016 | - | - | - |
5. |  | Nubits | 9.5% | A stablecoin cryptocurrency pegged to the US dollar. | Blockchain | Bitcoin, Cryptocurrency, Software | Sweden | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2014 | - | - | - |
6. |  | Qwasder | 9.3% | The world's first decentralized mobile application based on Ethereum blockchain that will offer people Internet connectivity everywhere in the world. | Blockchain | Blockchain, Applications, Cryptocurrency | Switzerland | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2018 | - | - | - |
7. |  | PonziCoin | 8.8% | The world's first legitimate ponzi scheme. | Blockchain | Cryptocurrency, Bitcoin, Internet | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2017 | - | - | - |
8. |  | Coinhive | 7.8% | An in-browser Monero cryptocurrency miner. | Blockchain | Cryptocurrency, Financial Services | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2013 | - | - | - |
9. |  | Nullex | 7.2% | A private, secure and scalable decentralized platform for creating, registering and relaying economic data between participants. | Blockchain | Cryptocurrency, Bitcoin, Big Data | Canada | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2018 | - | - | - |
10. |  | DasCoin | 7.2% | A global currency designed to deliver an optimal blend of security, convenience and utility. | Blockchain | Digital Currency, Bitcoin, Cryptocurrency | China | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 100-250 | - | - | Inactive | - | - | 2016 | - | - | - |
11. |  | Bitdeal | 6.6% | Bitdeal was a digital currency that allows two willing parties to conduct safe and private transactions anywhere around the world. | Blockchain | Internet, Cryptocurrency | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Active | - | - | - | - | - | - |
12. |  | Tether | 6.6% | Tether Holdings operates a platform to store, send, and receive local currency person to person globally. | Blockchain | Bitcoin, Cryptocurrency, Finance, Financial Services | Hong Kong SAR | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11-50 | - | - | Active | - | - | 01-Jan-2014 | - | - | - |
13. |  | JoyToken | 5.9% | Revolutionized gambling by enabling a new generation of games developers and players - smarter games for smarter players. | Blockchain | Cryptocurrency, Gaming, Developer Tools | United Kingdom | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2017 | - | - | - |
14. |  | USI Tech | 5.4% | Claimed to develop the world’s first automated trading platform for Bitcoin (BTC). | Blockchain | Bitcoin, Cryptocurrency, Trading Platform | United Arab Emirates | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2017 | - | - | - |
15. |  | Koinex | 5.4% | Digital assests exchange. | Blockchain | Bitcoin, Trading Platform, Financial Services | India | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 50-100 | - | - | Inactive | - | - | 2017 | - | - | - |
16. |  | GoNetwork | 5.4% | A highly scalable, low cost mobile first network infrastructure for Ethereum. | Blockchain | Bitcoin, Cryptocurrency, Mobile | United Kingdom | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2016 | - | - | - |
17. |  | Coinome | 5.3% | A cryptocurrency exchange that offered instant deposits, withdrawals and crypto-crypto trading. | Blockchain | FinTech, Trading Platform, Cryptocurrency | India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2017 | - | - | - |
18. |  | CoFoundIt | 5.2% | A distributed startup accelerator based on blockchain technology. | Blockchain | Cryptocurrency, Consulting, Crowdfunding | Slovenia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2017 | - | - | - |
19. |  | Folm Coin | 4.6% | An open source and decentralized digital cryptocurrency based on blockchain. | Blockchain | Cryptocurrency, Bitcoin | Turkey | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | - | - | - | - |
20. |  | COBINHOOD | 4.6% | A platform that offered an exchange for trading cryptocurrency. | Blockchain | Computer, Cryptocurrency, Finance, Software | Chinese Taipei | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2017 | - | - | - |
21. |  | Keplertek Token | 4.3% | A decentralized ecosystem based on blockchain technology for automation of Startup Acceleration. | Blockchain | Bitcoin, Cryptocurrency, Finance | Georgia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2016 | - | - | - |
22. |  | Rapture | 4.2% | A blockchain cryptocurrency project that focused on charitable giving. | Blockchain | Cryptocurrency, Bitcoin, Communities | Panama | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2018 | - | - | - |
23. |  | Bitspark | 3.7% | A Hong Kong-based cryptocurrencyremittances company that served the Asia-Pacific markets, | Blockchain | Cryptocurrency, Bitcoin, Payments, FinTech, Finance | Hong Kong SAR | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2014 | - | - | - |
24. |  | NuruCoin | 2.8% | Peer-to-peer Internet currency that enabled instant, near-zero cost payments to anyone trading in the world. | Blockchain | Bitcoin, Financial Services, Cryptocurrency | Kenya | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2018 | - | - | - |
25. |  | Wala | 2.3% | A financial service app built on the blockchain for cash-based consumers in emerging markets. | Blockchain | Banking, FinTech, Internet, P2P, Financial Services | South Africa | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2015 | - | - | - |
| No. | Image | Name | Investor type | Description | Location | Preferred investment stage(s) | Stages invested in | Assets under management (AUM) | Investment range | Investment sweet spot | Preferred investment focus | Preferred investment geography | No. of investments | No. of lead investments | No. of follow-on investments | No. of co-investments | Portfolio companies | No. of exits | Total exit value | No. of failed investments | Loss on investments | No. of acquisitions | No. of board seats taken | No. of funds | Limited partners | Co-investors | No. of partners | Partners | No. of employees | Management | Board members | Founders | Investor reputation | Contact info | Entity type | Legal name | Former legal name(s) | Founded date | Ticker |
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| No. | Image | Name | Previous designation | Previous company | Previous biography | Previous profile type | Previous location | Experience | Education | Reputation | Current company | Current designation | Current biography | Current profile type | Current location | No. of investments | No. of exits | Total exit value | No. of board seats taken | Contact info |
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| No. | Financing date | Financing round | Total amount raised | Post-money valuation | Financial viability | Fundraising target amount | Remaining target amount | Financing type | No. of investors | Board seats | Lead investors | Entity type | Financing status |
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