{"id":331942,"date":"2023-08-01T15:30:44","date_gmt":"2023-08-01T10:00:44","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=331942"},"modified":"2023-08-01T14:15:38","modified_gmt":"2023-08-01T08:45:38","slug":"enjinstarter-ido-investors-win-big-with-ai","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/enjinstarter-ido-investors-win-big-with-ai\/","title":{"rendered":"Enjinstarter IDO investors win big with AI"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Leading IDO launchpad, <\/span><span style=\"font-weight: 400;\">Enjinstarter<\/span><span style=\"font-weight: 400;\">, announced today that its stable of AI-powered Web3 projects has earned investors <\/span><span style=\"font-weight: 400;\">an average ROI of 142.4% YTD<\/span><span style=\"font-weight: 400;\"> in 2023. This puts Enjinstarter firmly in the top 3 of IDO providers worldwide, according to industry-leading ranking service, <\/span><span style=\"font-weight: 400;\">CryptoRank<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Continued success in Q2 comes on the back of a successful Q1 in which Enjinstarter was <\/span><span style=\"font-weight: 400;\">ranked by TokenHunter<\/span><span style=\"font-weight: 400;\"> as the top-performing IDO launchpad with an average ROI of 538.49%.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-331947 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/enjinstarter.png\" alt=\"\" width=\"831\" height=\"495\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/enjinstarter.png 831w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/enjinstarter-300x179.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/08\/enjinstarter-768x457.png 768w\" sizes=\"(max-width: 831px) 100vw, 831px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">\u201cOur number one goal is to deliver maximum value to our IDO participants. We conduct an exhaustive study of every launchpad applicant to bring our token holders a carefully curated selection of projects set to revolutionize the industry,\u201d said <\/span><b>Prakash Somosundram, co-founder and CEO of Enjinstarter. <\/b><span style=\"font-weight: 400;\">\u201cAt the beginning of the year, our team correctly identified the growing trend towards generative AI and was quick to adapt. Our overall success this year can be attributed to our team\u2019s ability to find the best among a proliferation of AI-powered Web3 projects.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">2023 has been the year of AI. The continued evolution of OpenAI\u2019s GPT algorithm has led to a proliferation of generative AI-powered apps. Of the 13 IDOs conducted by Enjinstarter so far this year, 8 leverage the power of AI:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>ChainGPT <\/b><span style=\"font-weight: 400;\">&#8211; Infrastructure enabling the future of Web3 innovation with AI<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Orbofi AI <\/b><span style=\"font-weight: 400;\">&#8211; Advanced platform for creating AI-generated content and fine-tuned AI models.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Eldarune<\/b><span style=\"font-weight: 400;\"> &#8211; AI-powered RPG with PvE and PvP modes<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Cogito Protocol<\/b><span style=\"font-weight: 400;\"> &#8211; A decentralized and AI-driven tracercoin called GCOIN<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>KAIF Platform <\/b><span style=\"font-weight: 400;\">&#8211; AI-powered decentralized society (DeSoc) platform.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>HyperGPT <\/b><span style=\"font-weight: 400;\">&#8211; A Web3-based AI marketplace<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>DexCheck <\/b><span style=\"font-weight: 400;\">&#8211; AI-boosted analytics for crypto and NFT trading<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>SophiaVerse<\/b><span style=\"font-weight: 400;\"> &#8211; An advanced artificial general intelligence initiative revolutionizing the world of AI and gaming<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The top performing IDO launched through Enjinstarter in 2023 is ChainGPT with an ROI of 704% at the time of writing. SophiaVerse is a close second at 602%\u2014data provided by <\/span><span style=\"font-weight: 400;\">CryptoRank<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Building on the success of its IDO launchpad, Enjinstarter plans to build two additional launchpads. The first is an INO platform to connect utility-driven NFT projects with investors. The second is a <\/span><span style=\"font-weight: 400;\">platform<\/span><span style=\"font-weight: 400;\"> designed for Web3 climate startups to raise funds from impact investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Enjinstarter has <\/span><span style=\"font-weight: 400;\">5 IDO projects<\/span><span style=\"font-weight: 400;\"> in the pipeline: SeaPad, Kvants AI, Boss Fighters, AITECH, and Backstage. It is also planning the release of an expansive storytelling AI NFT game based on an advanced earth concept where factions are embarking on quests and battles throughout the Enjinstarter ecosystem to gather resources and earn rewards.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To date, the company has helped launch over 80 Web3 projects and platforms since its inception in 2021.<\/span><\/p>\n<p><b>For further media inquiries, please contact:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">media@pariahdao.xyz<\/span><\/p>\n<h3>About Enjinstarter<\/h3>\n<p><span style=\"font-weight: 400;\">Launched in 2021, Enjinstarter is a next-generation ecosystem and launchpad for promising Web3 gaming, entertainment and metaverse projects. They have supported 70 companies since<\/span><\/p>\n<p><span style=\"font-weight: 400;\">inception. They have a collective community of more than 200,000 across various social platforms and manage localized communities in South East Asia, India, Turkey, and Spain. They have also launched dedicated market launchers for North America and Indonesia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Enjinstarter also has a fast-growing Web3 Innovation Consulting practice that works with brands, large corporates, and Web2 companies looking to develop a Web3 strategy. Clients that they have supported include Hatten Land and GCEX. Enjinstarter is also a member of the Open Metaverse Alliance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Enjinstarter raised US$5 million in their Series A round from True Global Ventures 4 Plus, an equity venture capital firm that invests in serial tech entrepreneurs globally. The company has also received initial approval from Dubai\u2019s Virtual Assets Regulatory Authority, indicating progress in obtaining full permission to operate within Dubai.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Get connected with Enjinstarter:<\/span><\/p>\n<p><a href=\"https:\/\/linktr.ee\/enjinstarter\"><span style=\"font-weight: 400;\">https:\/\/linktr.ee\/enjinstarter<\/span><\/a><\/p>\n<h3><span style=\"font-weight: 400;\">Contact<\/span><\/h3>\n<p>Social Media Lead<\/p>\n<p>Chris Sylvester Basil<\/p>\n<p>Enjinstarter<\/p>\n<p>chris@enjinstarter.com<\/p>\n<div><strong>Disclaimer: This is a paid post and should not be treated as news\/advice.<\/strong><strong>\u00a0\u00a0<\/strong><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading IDO launchpad, Enjinstarter, announced today that its stable of AI-powered Web3 projects has earned investors an average ROI of 142.4% YTD in 2023. This puts Enjinstarter firmly in the top 3 of IDO providers worldwide, according to industry-leading ranking service, CryptoRank. Continued success in Q2 comes on the back of a successful Q1 in<a href=\"https:\/\/ambcrypto.com\/enjinstarter-ido-investors-win-big-with-ai\/\">Continue reading <span class=\"sr-only\">&#8220;Enjinstarter IDO investors win big with AI&#8221;<\/span><\/a><\/p>\n","protected":false},"author":39,"featured_media":331946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[18,2],"tags":[],"class_list":["post-331942","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hide-cryptopanic","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Enjinstarter IDO investors win big with AI - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Leading IDO launchpad, Enjinstarter, announced today that its stable of AI-powered Web3 projects has earned investors an average ROI...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/enjinstarter-ido-investors-win-big-with-ai\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enjinstarter IDO investors win big with AI - 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