The MiCasa project would like to announce some changes to our token sale schedule. We had tentatively planned to close the private sale on March 15, 2019, then shortly thereafter, on April 1, 2019 conduct a public ICO.
However, we couldn’t have imagined the interest our private sale would draw. Our private investors really came through for us and in just under 2 weeks in February we were able to close the private sale, which was capped at $14m USD. One hundred and seventy five million (175m) tokens were sold to private investors at a valuation of $0.08. There were no bonuses offered in the private sale and all presale tokens have lockup periods. Details of which will be outlined in a tokenomics post to come.
With the overwhelming success of our presale, along with the regulatory uncertainty surrounding public ICOs at this time, we have decided that in lieu of holding a public sale the best course of action is to conduct an airdrop of the remaining 25m tokens that were allotted for the public sale. Up to this point we've collected around 2,000 eth addresses via the ICO whitelist form. The form has been closed as of this morning (March 1, 2019).
The remaining twenty five million (25m) tokens originally slated for public ICO will be airdropped equally to the around 2,000 people that submitted their eth address for ICO whitelist. We thank you for being some of our earliest supporters and sharing our vision.
The MiCasa project was founded with the goal to solve real-world problems in the real estate industry, chief among them the challenges presented by disparate data sources. Never could we have ever imagined the support we would receive coming into the blockchain industry at the time we did. With the current scrutiny of blockchain projects (deservedly so) at an all-time high, we are humbled by the support we’ve received from our community, along with the interest we’ve drawn from investors. Together we will change the way real estate transactions are conducted, and put the power back in the hands of individual buyers, sellers, and homeowners.
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