The Faceter ICO presale broke records yesterday when it managed to raise over $10 million in just 20 seconds. This is unprecedented movement for a pre-ICO, especially considering many ICO startups don’t take off at all.

Faceter is going to be the first decentralized surveillance system for consumers. State-of-the-art surveillance equipment is too expensive for the average consumer, but affordable surveillance systems are not equipped with security measures such as facial recognition. So, how do you solve this problem? Enter Faceter.

Faceter is creating video surveillance systems that operate seamlessly with enhanced facial detection, object detection, and real-time video analysis. The algorithm behind Faceter has been tested and approved by LFW and MegaFace, both accredited facial recognition databases and datasets. Basically, it can understand what it is seeing and respond to it. This means that Faceter systems can alert the user to someone’s presence. For example, when a person set to trigger the system walks by a camera, the system will send a push notification to the user’s phone. This would be beneficial not only for security purposes but also for marketing.

That’s just the beginning though. According to the roadmap, in 2019 Faceter is planning to introduce body recognition. This means that even if the face is hidden, Faceter surveillance systems will be able to recognize a person based on their height, weight, and build. Sex, age, race, and even emotions are being worked on in 2018.