Fellow bounty participant the below is recent update from IMMLA Team and judging from the parity wallet situation, i say we all need serious patient because its gonna be a long wait before our hard work is rewarded, please read the bolded below concerning bounty payment.......👇 distribution of tokens have been extended to 30/11 according the announcement, so our bounties will be paid but till the stated time hopefully. Am being positive and want to believe bounty participants will get there rewads eventually. Try to be calm
Leonid Khatskevych:
Obi, [15.11.17 05:38]
#Announcement15112017
Dear investors and members of the IMMLA community.
This statement addresses the following concerns: IML token issue, private placement and ICO, how to handle IML tokens regarding the issue of resolving the Parity wallet frozen funds, IMMLA's future plans for the development of the main product, the timing of the implementation of the main phases of the project and some other aspects.
On November 14 at 3.30 am. Moscow Time (UTC + 3) the meeting of the executive board of directors of IMMLA was completed. The topics discussed were aspects of the IMMLA activities and the consequences of freezing some of IMMLA funds on the Multi-sig Parity Wallet, caused by the situation from 6/11/17
(
https://paritytech.io/blog/security-alert.html)
Despite the fact that the amount of frozen IMMLA funds is relatively small and is the total volume of investments raised in the framework of pre-ICO 2.0, the legal and market aspects of this fact have a significant impact on the previous plans of IMMLA. This is due to the obligatory use of multi-sigs both in matters of managing the use of IMMLA funds and in attracting investor funds, and in relation to distributable tokens.
In connection with the entire list of dependencies, the IMMLA team, expressing its respect for all investors and the community, is forced to resort to a number of previously unintended measures to protect the interests of the project and ensure its implementation.
1. IMMLA will distribute tokens to all investors in the project and to the members of the bounty campaigns taking into account all previously approved bonuses. However, the free circulation of tokens will be limited in part, until the resolution of the situation with Parity and partially before the completion of the private placement ICO.
2. The distribution terms will be extended approximately until 30/11/2017, which is related to the requirement to develop a new unifying smart contract, not tied to the vulnerable Parity Wallet.3. Due to the need to develop a new smart contract for the ICO private placement, that is not tied to the Parity Wallet system ( or until the confirmed vulnerability resolution of this Multi-signature system), as well as the advent of the corporate vacation period in Europe (where the main potential investors are involved in the private placement round with which the company is negotiating) and Russia, the deadline and the end of this round may be postponed for a period of 1.5 months to 1Q. However, a final decision on this issue and more accurate information will be announced no later than December 10, 2017.
This is due to the fact that IMMLA will be doing everything it can to meet the previously announced deadlines.
4. Blocking the possibilities of using a multi-sig wallet and the probable postponement of the time for raising funds of private placement investors, forces the service development team to postpone the previously announced release dates for the alpha version, and transportation through the IMMLA platform, from the first quarter of 2018 to a later date. Specific changes in the release dates will be announced later, depending on the development of the resolution with the Parity Wallet issue.
5. In order to balance interest between liquidity for current contributors and IMMLA software development needs, and the ICO participants, free circulation of IML tokens for all groups of token holders will be temporarily limited:
- For the group of monetary contributors: Until the resolution of the situation with blocked funds of pre-ICO 2.0 involving Parity or until the end of the private placement of the ICO round, but not later than March 1, 2018.
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For the group of bounty participants - until the end of the private placement of the ICO round, but not later than March 31, 2018...........
