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Greetings all,

This is the Consensus AI project investor update.

First and foremost, I’d like to thank you for being an investor and early supporter of the Consensus AI project. Our mission is to use the advancements in artificial intelligence technology to improve the collective decision-making, and you helped us get one step closer to making it a reality. I sincerely thank you.

After the sale completion, there were a number of questions that arose from some investors. This update addresses the questions asked, but if you have any further comments, please don’t hesitate to contact us by email or telegram.


SEN price
The strategic investor sale price of SEN was $0.03375. Some investors (depending on the time of the investment and the strategic value they brought) received a bonus allocation of tokens, giving them an effective price of $0.0225-$0.0250 per SEN token.

The price was locked in ether at the end of the sale period, March 20th, 2018, with the average price of ether on that day, $551/1ETH.

Some investors expressed concerns regardingthe price of ETH on the day on the closing vs the date they invested on. We have structured the sale to lock the price in USD ($0.03375), collect the contributions in ether, and to lock the USD/ETH exchange rate at the end of the sale. Ether price fluctuated during March, but most of the contribution were collected before the drop in ETH/USD exchange rate.

To address the fluctuation in the ETH exchange rate, we closed the sale on March 20th and decided to reduce to total supply of the tokens increasing the SEN token value.

Initially, the token supply offered for sale was 2.7B tokens, and the final token supply at the end of the sale is 1.65B tokens. This reduced supply values SEN after the sale at $0.05532.

Here is the SEN token smart contract address: https://etherscan.io/token/0xd53370acf66044910bb49cbcfe8f3cd020337f60


SEN token listing on trading platforms
Following the sale, we noticed some of the decentralized trading platforms listing SEN tokens. We haven’t listed/requested to list SEN on any cryptocurrency exchanges yet, so the trading that is happening at the moment is private deals.

We are actively working with the leading cryptocurrency exchange platforms at the moment and we will regularly update the community regarding the progress. Our goal is to provide the opportunity for as many people as possible to own SEN.


How much SEN does the team have? Do you participate in trading? Is the foundation selling tokens?
The team doesn’t hold any tokens and doesn’t participate in trading. The foundation reserved a supply for the future funding round that will be offered to later stage investors (traditional venture capital funds etc.). All of the unsold tokens at that time (if there are any) will be burned and the corresponding amount will be factored into the network mining schedule.


Airdrop participants getting native Sentient coin vs SEN token investors
As you may have seen, we issued an update regarding the airdrop distribution, informing that the participants will receive the native Sentient network coin upon the network launch (https://medium.com/consensus-ai/march-2018-consensus-ai-project-update-2-70534cc30c18).

In addition to the airdrop distribution at the time of launch, we will provide a way for all SEN holders to swap the tokens for native network coin, 1-to-1. Please follow our updates on social media and email newsletters.
Dear PikcioChainers,

This has been a truly humbling experience. We are overwhelmed by the developments in the last days of this Token Sale. Only a few days ago the counter showed 30% of tokens sold and now we can proudly say that we did sell out the PikcioChain Token Sale.

Of course, we couldn’t have done it without all of your support and we are immensely grateful for all the people we had the chance to meet, the connections we were able to make and the spirited debates we had in our social channels. We promise to keep up being there for you, as you have been for us.

As a first step we will start the process of distributing the PKC tokens which could take around two weeks, to set everything up, double check and then distribute the tokens in one go. If you have any question with regards to the process please don’t hesitate to contact us, via telegram or email at token-sale@pikciochain.com

Let’s keep this movement going,

Yours truly,

The PikcioChain Team
pikciochain.com
VeChain(VEN) on Bithumb information.

1. Listing Cryptocurrency : VeChain(VEN)
2. Listing Date : April 2, 2018 (Mon) evening
3. Trading Channel : Bithumb PRO
4. How to trade : Deposit VeChain to Bithumb first and transfer VeChain to Bithumb PRO in order to trade

* Listing time can be changed due to the market situation
* VeChain trading and withdrawal service in Bithumb will be opened later

To celebrate VeChain listing and reward members, Bithumb is running the "BIG SUM" event.

(1) VEN airdrops by trading amount when you trade more than 500,000 KRW
-When you trade in Bithumb PRO, 1 more VEN will be airdropped

(2) Up to 2% payback on when you deposit and trade VEN

*Deposit Period : Listing of VEN ~ midnight of April 4, 2018 (Weds)
*Event Period : Deposit address opens ~ midnight of April 6, 2018
SEC press release on the Centra situation.

https://www.sec.gov/news/press-release/2018-53
Oyster Shell Airdrop For All Oyster Pearl Holders On KuCoin

KuCoin will be supporting the Oyster Shell token (SHL) airdrop on all KuCoin users who have Oyster Peal (PRL) tokens on KuCoin.

Airdrop ratio: The SHL token will be airdropped at a ratio of 1 PRL:1 SHL for current PRL holders on KuCoin (e.g., if you have 100 PRLs in KuCoin wallet, you will be airdropped 100 SHLs)

Kucoin will take the snapshot of the blockchain on April 13th (block height 5,436,000) and distribute Oyster Shell (SHL) to all Oyster Pearl (PRL) users on KuCoin in the following weeks.

Read more about it on: https://news.kucoin.com/en/oyster-shell-airdrop-for-all-oyster-pearl-holders-on-kucoin/
SpankChain have released the beta of their platform.

https://beta.spankchain.com/
Ravencoin's (RVN) Whitepaper has been released

http://ravencoin.org/Ravencoin.pdf