Topic: [ANN] [Token-Verkauf] [Airdrop] BIZAVEST Analyse-Plattform mit ERC20 Token (Read 114 times)

A big thank  you to everyone who has stood by us in the last few months, we really appreciate your support and participation in the Bizavest dream and would like to promise that we will do all in our power to ensure that time and money invested will not go to waste.

As promised here are updates regarding the Bizavest Analytics Platform

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Where we are?

After conducting several pre-sale and preICO rounds, we were unable to meet our softcap in terms of funds... As a result we pushed back our main ICO round in order to go back to the drawing board and re-define our goals and aims.

We had some institutional investment in terms of capacity (corporate office, staff and equipment), resource and partnerships. All of these were based on several condition which we will be informing the community of in due course.

Another key challenge was with the attendant cost of marketing and PR required to launch an ICO, the average budget as it were today is such that hundreds of thousands of US Dollars are required to create the needed attention and buzz to meet our goal. Not being comfortable with this we thought it best to retrace our steps and get our game together.

The truth is we would rather spend all that money (if we had it) on marketing a real and working product to real customers rather than do so to try and raise funds so we can start spending more money to meet a reputation we haven't even earned.

It is with such factors in mind that , we have come up with a slightly modified direction and strategy:

1. Our softcap has been reduced to $250,000. This figure will be gladly justified in a business plan we plan to release in about 2-3 weeks time. The plan is for the consumption of our existing and prospective investors to understand how their monies 'are being' and 'will be' spent moving forward.
We envisage that with such a sum as this ($250,000), small as it might seem, we will be able to get the company on track and run operations at minimum capacity for a minimum term of one year.

2. Our hardcap has also been reduced to $4 million. This will also be reflected in our business plan. 

3. We are making changing to the idea and proposed business solution that is Bizavest. At it's core, Bizavest still remains the same, but there will be slight changes and improvement. In line with this, the business plan will also reflect the new direction.

4. We are ditching the current website and developing a new one... Snapshots will be available in about 2-3 weeks

5. The Alpha development was put on hold to accommodate the new strategy, development has resumed as at 24th September and Update will be released in 4-5 weeks. The new system will be a beta app open to public from release and will feature the core of the Bizavest solution
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Bounties

- Despite our best efforts, we are still working on bounty allocation and distribution date. As it stands, bounty allocations for Social media tasks (Facebook, Twitter and Telegram) have been completed.
- Allocations for Translation and Content bounties are still ongoing

How are the stakes being calculated?

- Stakes will reflect the changes to hard and softcaps respectively
- We will be releasing a token value per stake calculation by next week Monday
- Announcement of date of distribution will follow
- .... More details to come