bitsCrunch’s BCUT token’s community sale concludes in 24 minutes bitsCrunch, a decentralised AI-powered Web3.0 analytics network, has announced that the community sale of BCUT – the native utility and governance token for the bitsCrunch network – sold out in 24 minutes. According to an official release, the community sale raised $3.85 million and added more than 3,300 unique token holders to the bitsCrunch community. With over 38,000 unique registrants and participation from 163 countries, the BCUT community sale reportedly made seven percent of the total supply of 70,000,000 BCUT available at a price of $0.055 per token. Prior to the sale, it’s believed that registrants funded their wallets with $21 million. “As we march towards mainnet launch, I believe this community sale bookends a year of growth for our network in 2023, and we look forward to building on this momentum in 2024,” Vijay Pravin, founder and CEO, bitsCrunch, said. Follow us onTwitter,Facebook,LinkedIn
2. Warren Buffett talked about his business partner Charlie Munger in his letter. He said they both think alike but what it takes Warren Buffett a page to explain, Charlie Munger sums up in a sentence. Charlie Munger’s version, moreover, is always more clearly reasoned.
The lesson for investors: “I will add to Charlie’s list a rule of my own: Find a very smart high-grade partner – preferably slightly older than you – and then listen very carefully to what he says,” Warren Buffett said.
3. Warren Buffett emphasised that his long-time business partner Charlie Munger and he are business pickers, not stock pickers. He further said that efficient markets exist only in textbooks.
“We own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business pickers,” Warren Buffett said.