Lampix Crowdsale Ends With Over $14.2 Million Raised
NEW YORK, August 21, 2017 (Newswire.com) - Lampix has successfully closed the PIX token crowdsale with over 40,920 ETH raised, which, at the press time exchange rate of $347 USD/ETH, was equal to over $14.2 million USD. The crowdsale ended on Aug. 19 at 8:00 a.m. EST.
George Popescu, CEO at Lampix said, "Blockchain, through its decentralized yet fully secure approach, enables companies to build new methods of data ownership and acquisition. We are building the first crowdsourced image database for computer vision. Our community has understood the potential in such a venture and is helping us tremendously. I have built and sold numerous companies, yet I am most excited about Lampix because it feels like we are where desktops were in the 1970s and where the internet was in 1990. I envision a Lampix in every room, office, shop and factory, and that our PIX database will be the Amazon of data in five years for artificial intelligence."
Lampix issued a statement on its Slack channel (lampixproject.slack.com) that PIX token holders should see their tokens in their digital wallets by now, and should expect to have full control over those assets 31 days after the close of the sale. Lampix advised that they have reached an agreement with Yunbi and Gatecoin for listing on their exchanges, and are still in talks with Bittrex and Kraken. Instructions for ensuring PIX are received have also been disseminated by Mr. Popescu on Slack.
"We will keep everyone frequently updated with our progress on the roll-out of the retail version of the Lampix device and the database," George said. "Our team has 10 years of experience in computer vision and hands-on experience with Blockchain smart contract development. Our work so far has already generated revenue to our company. Companies like Bloomberg and PwC voted with their wallets on Lampix and bought our beta Lampix products. We plan to bring the retail version of Lampix to the public early in 2018."
Please stay tuned for future articles and posts on Lampix's social media channels, which can all be found at https://lampix.co. The Lampix team can be reached directly on their slack channel here. For press inquiries, please contact Kyle Potter, Strategy & Marketing Lead, at kyle@lampix.co.
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Lampix is building the first blockchain-based 'image mining' network for augmented reality or any other computer vision systems. The company is creating a new blockchain that will hold {image, description} data sets of real-world objects. This data is a vital prerequisite for augmenting reality systems ranging from smartphones, wearable glasses, or their own Lampix product. Lampix transforms any flat surface into a smart surface using machine learning and computer vision. Since starting Lampix in 2015, the company acquired paying clients like Bloomberg, PwC, large retail chains, and has a pipeline of approximately 200 notable companies inquiring about Lampix. Lampix was among the 2 percent of companies who were accepted at the Highway 1 accelerator in San Francisco in fall 2016. Lampix also won in March 2017 the best Augmented Reality and Virtual Reality company at SXSW festival, the largest festival of its kind in the world. To enable Lampix to reach its full potential, we need to build a billion-picture-and-description database. We will use PIX tokens to grow the data ecosystem through purchases and payments. This is one of the reasons why Lampix did a crowdsale token launch (CTL) from Aug. 9, 2017 through Aug. 18, 2017. The CTL is a vital component to bring the Lampix and database to completion, which will play a key role in developing augmented reality applications across many devices. https://lampix.co.
Source: Lampix