Our PRE-ICO is now over.
Things didn’t go as we expected, as we collected a total of 7.6 ether.
From this we can conclude that we didn’t manage to get our message out to enough people. This means that we need to work on our advertising / promotion. We are working on different things to find a solution for the next step. Due to this we might move our ICO into the new year. But we will update you all as soon as we have a straightforward plan.
We will not give up on the project. We know that our product could both help people and change the way we look at identity. We will do everything we can, to get this project up and running!
Thank you to all supporters!
It's good to know that the performance of the presale won't discourage the team to keep working in this amazing project.
In my personal opinion, I think that one problem people/investors might've found is the project's roadmap. Investors want to feel safe in this volatile market, and considering how fast the cryptomarkets move, they want the development to go faster too, they are tired of promises because crypto has become like politics: lots of promises, few actual functional products. This industry is too competitive. Other projects might come up with the same idea and they could implement it faster, so the cost of opportunity of waiting lets say, 3 years, might be too high for some investors. That issue, coupled with the lack of proper exposure, is what might be troubling the fundraising for this project. So I do believe that a more aggresive development plan is needed for investors to deposit their trust (and money) into the project. I do understand that development comes in hand with macro factors that the team can't accelerate, but there has to be something to encourage participation.
You could be right about this. Problem is that many crypto projects are way to ambitious, and cant deliver what they promiss.
We put everything on the table from the start, and tell investors that it will take some time to develop into a full product. These things aren't build over night.
But over openness seems to be the wrong approach maybe
We could make a more aggressive development plan, and afterward keep coming up with excuses for not reaching our goals in time.
We will figure out what to do in the coming days and announce it here when we have a clear plan
