Blockchain

Exclusive $150K Presale: Bitlauncher Debuts Masterbots.ai, the Revolutionary AI Poised to Rival ChatGPT

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    Panama City, Panama, September 16th, 2024, Chainwire

    Bitlauncher, the groundbreaking platform at the intersection of Artificial Intelligence (AI) and cryptocurrency, is thrilled to announce its presale event starting on September 16th, 2024, with a goal to raise $150,000. This presale offers enthusiasts and investors an opportunity to shape the next wave of global AI unicorns.

    The Bitlauncher platform is designed to revolutionize the way open-source AI projects secure funding and organizational support through a unique token-based system. By participating in this presale, contributors are purchasing tokens with the opportunity to support the potential of AI in shaping various industries and societies.

    This event is not just about funding; it’s a call to action for AI-first developers, marketers, and technology enthusiasts to join Bitlauncher’s vibrant community. They are creating a robust decentralized autonomous organization (DAO) where each member contributes to and benefits from the collective potential growth and success of AI innovations.

    One of the first projects to launch on the platform is Masterbots.ai, a direct competitor to ChatGPT. Masterbots.ai is designed to improve how users interact with AI, providing domain-specific chatbots that simplify user interaction and enhance user experience. Unlike traditional models that require sophisticated prompt engineering, Masterbots offers streamlined, high-quality responses with minimal user effort.

    Masterbots.ai also introduces a novel social dimension to AI interactions by making public the sharing of conversations. This feature not only aids in research and community building but also creates a dynamic, engaging platform where users can follow intriguing discussions and learn from shared knowledge.

    With the upcoming launch of our DAO and the continuous development of innovative projects like Masterbots, Bitlauncher is poised to become a pivotal platform for anyone looking to influence the future of AI and blockchain technology.

    Users can join this exciting venture to not only witness but actively participate in the unfolding of cutting-edge technology. Together, they can pave the way for a new era of decentralized, transparent, and community-driven innovation.

    About Us

    Bitlauncher is a launchpad revolutionizing AI and cryptocurrency by providing open-source AI projects with equitable fundraising and decentralized organization through blockchain technology. They empower AI startups to grow and leverage global resources, fostering transparency, inclusivity, and community-driven progress.

    For more details on how to participate in the presale and to become an integral part of the growing community, users can visit Bitlauncher’s official website.

    Contact Information:

    Media Relations

    Email: press@bitlauncher.ai

    Email: community@bitlauncher.ai

    Web: www.bitlauncher.ai

    Web: www.masterbots.ai

    Please note that U.S. investors and individuals from countries under U.S. sanctions or other specific jurisdictions may not be eligible to participate in this presale. For more details on eligibility, please visit our website or contact our legal team.

    Contact

    Founder
    Jun Dam
    Bitlauncher
    jun@bitlauncher.ai

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    Fundbox Secures Warehouse Capacity from Cross River and Waterfall Asset Management

    2024-09-17T15:32:44Z

    SAN FRANCISCO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Fundbox, a leading embedded capital platform for SMBs, announces a new credit facility with Cross River, a technology infrastructure provider that offers embedded financial solutions, and Waterfall Asset Management, a global alternative investment advisor. The agreement brings Fundbox’s total annual origination capacity to over $2B, including existing capacity.

    The financing facilities will support Fundbox’s mission to empower the SMB economy by meeting the working capital needs of small businesses, primarily through embedded experiences in the tools they use every day. Fundbox’s cross-platform data sharing and cutting-edge underwriting technology enable SMB platforms to offer capital to their customers right within their products. The backing of Cross River and Waterfall will further enable Fundbox to develop innovative products to help platform partners deliver the funding their small business customers need.

    “Small businesses need capital more than ever before. The number of US small businesses grew 3x the rate of the US consumer population in the last decade, while bank funding for SMBs has fallen 15% year-over-year,” said Renuka Nayani, Fundbox CFO. “Credit capacity from Cross River and Waterfall help ensure we are well-capitalized to meet this need. We are thrilled to work with these established institutions to help close the trillion-dollar gap in small business funding.”

    “Fundbox has steadfastly supported America’s small businesses while delivering through-the-cycle performance to its investors. We are proud to back the company’s next stage of growth with this credit facility,” said Drew Friedberg, Director of Principal Finance at Cross River. “This alliance furthers our mission to empower fintech companies and small businesses with access to credit.”

    "Fundbox has demonstrated exceptional commitment to enhancing the financial landscape for small businesses. We are excited to support their continued growth and innovation,” said Nate Huebscher, Director at Waterfall. “This agreement aligns with our dedication to supporting dynamic lending solutions and fostering opportunities for small businesses to thrive.”

    About Fundbox

    Fundbox is the pioneer of embedded working capital solutions for SMBs, leading the charge in best-in-class embedded finance offerings since 2015. Fundbox empowers the small business economy by offering fast, simple access to working capital through the digital tools businesses already use. Fundbox has partnered with leading SMB platforms to help over 125,000 customers unlock growth with fast, simple access to over $5B of capital.

    For press inquiries, please contact pr@fundbox.com.

    About Cross River Bank

    Cross River provides technology infrastructure powering the future of financial services. Leveraging its proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards, and lending solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Leading the industry, Cross River is reshaping global finance and financial inclusion. Member FDIC. Find out more at www.crossriver.com.


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