ZUG, Switzerland & BOCHOLT, Germany–(Business Wire)–The Artificial Intelligence Start-up TEAL will launch an IEO with the Crypto exchange ProBit. The Sale will take place in three rounds beginning September 23rd and provide a circulating supply of 4.5 million TEAL Token (TEAT) priced at $1.25/TEAT.
TEAL strives to raise funding for its first product: the TEAL Marketplace. This is a decentralized marketplace with social network functions, connecting consumers with the best recommendations and merchants with the most suitable customers through proprietary AI.
AI: Backbone of a new marketplace
TEAL initially identifies tangible needs from publicly available information for the respective TEAL user. Each user decides which personal information to share with the AI. From these unstructured and structured data, TEAL generates a unique DNA for each user and product, the so-called social genome. TEAL’s AI then matches the needs of consumers with the offerings of suppliers and brands based