Ionix AI Chain Conducts Token Presale Ahead of Launch
Cryptocurrency project Ionix AI Chain is raising funds through its token presale. The Layer-1 blockchain utilizes AI to enhance transaction speed and reduce costs.
The artificial intelligence-integrated blockchain project, Ionix AI Chain, is currently conducting a token presale to fund its upcoming launch. The company states its Level-1 architecture is designed to increase transaction speeds and lower costs, addressing issues of congestion and high fees on older blockchains.
Ionix Chain ($IONX) aims to achieve over 500,000 transactions per second with near-zero fees. According to the project, this is supported by a "Quantum AI Consensus," which combines elements of Proof-of-Stake and Directed Acyclic Graph (DAG) structures. The goal is to solve scalability issues at the base layer, enabling broader adoption in decentralized finance (DeFi) and AI applications.
The project has raised over $6.7 million in its presale to date. The token price is currently around $0.025, with plans to move to $0.030 in the next phase. The token allocation includes 20 percent for the public presale, with remaining funds designated for ecosystem growth, liquidity, and team tokens released on a vesting schedule.
Ionix Chain plans to launch its mainnet later this year, followed by listings on centralized and decentralized exchanges. The company also emphasizes security and has completed smart contract audits.