Just putting this immediate response out, copy-and-paste from our slack. I'll be providing a more detailed response shortly. The bottom line is that we have all investor transaction information, and we'll be exchanging the initial tokes asset with a new one of the same name, on waves.
mwagner_tokes [10:30 AM]
I'll be making some public statements soon. The essence is that we had a phone call yesterday to discuss wrapping up the remaining distributions, along with the balance of the reserve account. In addition to an initial 5btc payment to them, and a 3 btc escrow payment, we had initially discussed a 5btc closing payment. However, given their negligence in execution on our token sale, I sought to negotiate different terms on that final payment
[10:31]
If you invested with us, you're quite familiar with some of the inadequacies of their ICO portal and the execution of the distribution
[10:32]
We will be recreating the asset on waves, with the same name, but under a new asset ID. Waves was designed to do this natively, and in fact it is possible to create duplicates of any asset on the chain.
[10:33]
We have the database of investor transactions, so we'll be re-issuing the new asset to our investors as an immediate priority
[10:33]
Any and all future exchange listings will be based on the new asset ID
i dont want to say i told you so, but i swear i said first days you launched this it seemed like a big point of failure relying on another platform for your ICO sale. go figure your having troubles now.
Im happy i never invested in this, was too many points of failure and now i see them coming all through :/
this seems not thought through past "get the money" IMO!