***IMPORTANT & URGENT*** UPDATE ON ONGOING ANGEL TOKEN REFUND ***IMPORTANT & URGENT***Dear Angel Token Holders,
Further to the vote inside the Angel Token Private Investment Community (ATPIC) we have now started the refund process, where
ALL Angel Token holders who return their Angel Tokens (ANGL) are entitled to receive a refund from the remaining holdings in the Angel Token Community Investmen Fund.IF YOU HOLD ANGEL TOKENS, WHETHER YOU PURCHASED THEM DURING OUR ICO, OR AT A LATER DATE, YOU ARE ENTITLED TO A REFUND. PLEASE READ THIS MESSAGES AND PREVIOUS UPDATES IN THIS THREAD TO LEARN MOREWe have now refunded all investors who have returned their Angel Tokens up until March 5th 2021, and if you still hold Angel Tokens we urge you to return them as soon as possible to receive your refund in Ethereum (ETH) and Basic Attention Token (BAT), which out of our many crypto investments are the only two that have retained any value.
The largest refund we have made so far amounted to approximately USD $62,500 in ETH and BAT, and the smallest refund so far has been worth around $400 in today's prices of ETH and BAT.IMPORTANT UPDATE TO OUR REFUND PROCESSIn our earlier statements we advised you to not send back your Angel Tokens for a refund if you owned less than 1,000 - 5,000 ANGL because the high gas fees would eat into your refund so much that it would not make it viable. However, to be as fair as possible also to all small investors who trusted and believed in us we have decided to cover the transaction costs ourselves. At first we will cover the gas costs from the remaining "Yolo Fund" but we will return these funds and cover the transaction costs ourselves, in order to make everyone who trusted and believed in us as financially whole as we can.
If you return your Angel Tokens when the gas cost is relatively low, it may still be viable and worth it for you to return as little as 1,000 Angel Tokens, to get your share of ETH and BAT. The choice is of course yours, and we will not abandon those Angel Token holders who do not return their ANGL for a refund, we will always continue to try and act in your best interest, with whatever means we can.Although we would prefer to completely shut down Angel Token, (for many reasons) we understand that not everyone may want to return their Angel Tokens for a refund, and some people may simply have forgotten about their investment in Angel Token. Therefore we will continue to use any remaining funds we have left once the refund period has ended and make investments in other crypto projects we believe have great potential to grow in value, until we have either made a substantial return for everyone, (making it worthwhile to once again try to return the funds to any remaining Angel Token holders), or until we have lost those funds.
However, we advise
ALL current Angel Token holders to return their ANGL for a refund, unless you hold such a small amount that it is not worth it because of the high transaction costs, or because you really want to stay in the "Angel Token YOLO Investment Club".
HOWEVER, IF YOU DECIDE TO KEEP YOUR ANGEL TOKENS RATHER THAN RETURNING THEM FOR A REFUND, PLEASE UNDERSTAND THAT IT IS LIKELY YOU WILL LOSE EVERYTHING!WE OFFER NO GUARANTEES AND THE MOST LIKELY SCENARIO IS THAT YOU LOSE ANY FURTER POSSIBILTY TO A REFUND, IN THE LIKELY EVENT THAT WE LOSE ANY REMAINING FUNDS WE HAVE LEFT AFTER THE REFUND PERIOD HAS ENDED. WE URGE EVERYONE WHO HOLDS ANGL TO RETURN THEIR ANGEL TOKENS FOR A REFUND BEFORE APRIL 23RD, 2021.It is very easy to get your refund.Simply return your Angel Tokens (ANGL) at any point when the gas fees are low, (to save on transaction costs) until April 23rd, 2021 to the following address:
0xC7D3291CaaBf7Bf1e00a63e20AB584D2208797B5At some point before June 30th, 2021, (quite likely much sooner) you will then received your share of what holdings are left in the Angel Token Investment Community Fund to the same address.
MAKE SURE TO RETURN YOUR ANGEL TOKENS FROM AN ADDRESS THAT YOU CONTROL. DO NOT MAKE YOUR RETURN FROM AN EXCHANGE ADDRESS!To learn more about what happens if you miss the refund date of April 23rd, 2021 please read our previous posts in this thread. As we have outlined, although we want to shut down Angel Token we will not do so until we have tried to make everyone whole who believed in us and invested in us during our ICO (or after).
We know that our approach is different from most anonymous ICOs, but our reason for remaining anonymous was never to scam or cheat any of the people who believed in and us and invested their hard earned crypto into the Angel Token ICO. We simply felt that the regulatory environment at the time was so unclear and difficult to navigate for a small group like ours, (and this is also the reason we blocked anyone from the United States or the United Kingdom, and other countries like China and Singapore to take part in our ICO). We thought it would be better for everyone involved if we simply operated Angel Token as an anonymous investment club, with like-minded investors joining together to vote on, improve and promote crypto projects that we all believed in. This worked reasonably well for the first 12 months or so, but once the crypto winter started we simply could no longer afford to continue operating at the scale and with the team we had put together, and it become very difficult for us to find good projects that we could help. Several of the investments that the community voted on and invested in also turned out to either be scams, (like Envion) or simple disappeared not long after our investment.
Anyway, we are now doing our best to get the remaining funds left in Angel Token Investment Club back into the hands of everyone who are still holding Angel Tokens. All Angel Tokens and all all Angel Token holders are treated equally, so whether you bought into our ICO, or acquired ANLG tokens from someone who did, or traded them on an exchange or received them as a reward for helping us or acquired them in any other way doesn't matter, as long as you hold ANGL you are entitled to a refund. This is what the majority of the community voted for, and we are now fulfilling their wish.
If you are reading this message after April 23rd 2021 and you missed out on returning your Angel Tokens, please subscribe to this thread. In case our future investments succeed we will do our best to either make one or several more liquidations of the investment club funds. We will also try to make several updates per year here for anyone who still holds Angel Tokens. Our intention is to invest any remaining funds in very high risk crypto investments, until they are either lost or have grown substantially. We will also attempt to create a new Angel Token YOLO Investment Community Forum at some point, where we can discuss potential investments, as our current community will shut down at some point after the refund period has ended.
All that said, if you hold Angel Tokens please return them to the following address before April 23rd, 2021 and you will receive a refund in the coming weeks/months to the same address you return the ANGL from. This is the safest option by far, and you are assured to get your share of the Angel Token Community Investment Fund.RETURN YOUR ANGEL TOKENS TO THIS ADDRESS:0xC7D3291CaaBf7Bf1e00a63e20AB584D2208797B5
Also, if you have already returned your Angel Tokens and received your refund, please comment below and let everyone know, in case anyone thinks we may not keep our word and give them a refund after they have returned their Angel Tokens. This would be much appreciated.