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SkyAI has set a new milestone by becoming the inaugural Four.meme presale that eclipsed major Solana initiatives, gathering upwards of $50 million.

In Brief

During its recent presale on Four.meme, SkyAI raised an impressive total of 83,343 BNB from an active community of 112,306 participants, far exceeding what was initially predicted.

Building robust data infrastructures is vital for large language models (LLMs). SkyAI has completed a pre-sale event on the Four.meme The recent memecoin launchpad has garnered significant buzz and participation, with the presale raking in a stunning 83,343 BNB from a diverse group of 112,306 contributors, far beyond early estimates.

The total funds raised during this sale, estimated to hover around $50 million, have outperformed a number of prominent pre-sales within the Solana ecosystem. Specifically, it generated 1.28 times more than the PAIN project, 1.48 times more than BOBAOPPA, fivefold compared to SLERF, and an astonishing 28 times more than BOME, reflecting the strong enthusiasm for SkyAI.

According to the official presale guidelines, the initial hard cap was set at 500 BNB, which is approximately $295,000. However, the campaign spectacularly exceeded this limit by a staggering 166.68 times. As per established rules, all funds up to the hard cap will be utilized for liquidity, while any excess contributions will be returned to the backers.

SkyAI announced that it will dedicate 80% of its tokens to the public through the presale, distributing them proportionally according to each participant's input. The remaining 20% will be allocated to sustain liquidity pools.

A cryptocurrency influencer @ai_9684xtpa noted The presale conditions seem equitable and well-structured. On average, each contributor donated around 0.02385 BNB, about $14, although there were instances of some contributors giving over 4 BNB. The project has a projected fully diluted valuation (FDV) set at a relatively conservative $369,000, offering early backers the chance for a fourfold return. Nonetheless, analysts have warned that the launch might attract speculative trading activities like 'sniping,' so participants are advised to proceed with caution.

SKYAI: What Is It? 

SkyAI seeks to create a sophisticated data infrastructure to meet the growing demands of large language models. Its goal is to connect blockchain data with AI applications through a unique extension of the Model Context Protocol (MCP). This infrastructure is tailored for developers, autonomous agents, and data providers who require scalable access to real-time multi-chain data.

The upcoming version of MCP will enhance current functionalities while ensuring compatibility with standard MCP clients. To illustrate the capabilities of this upgraded protocol, SkyAI plans to release a specialized client designed specifically for its architecture.

At present, SkyAI integrates and processes blockchain data from both the BNB Smart Chain (BSC) and Solana, delivering a comprehensive dataset that exceeds 10 billion rows. As part of its larger vision, the project advocates for ‘data liquidity’ and is gearing up to introduce an MCP-centered marketplace. This marketplace aims to foster a vibrant on-chain data economy, facilitating a more dynamic and seamless exchange of blockchain datasets tailored for integration with AI.

Disclaimer

In line with the Trust Project guidelines Please be advised that the information shared on this page is not meant to serve as legal, tax, investment, or financial advice. It's crucial to invest only what you can afford to lose and to seek independent financial consultation if needed. For additional details, we recommend reviewing the issuer's or advertiser's terms and conditions, as well as their help and support resources. MetaversePost strives for accurate and impartial reporting, yet market conditions can shift without prior notice.

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