Over the last quarter, LOOMIA worked to secure brand alignments to bring TILE to market. LOOMIA will be piloting TILE with some amazing consumer brands, and we are working now to ramp up development.
On the tech side, we had a breakthrough in our development process that will allow users to offload product data via an RFID antenna instead of a hardware device. Our new brand partners and technological progression could not have happened without the support of our community. We will be announcing these partnerships and updating our technology portfolio over the next few weeks.
To that end, we will be launching our token sale in 2018, after we publicize our brand alignments and are closer to product launch. We were given the go-ahead to open the sale to US residents, so we are moving the sale date to 2018 to allow additional time to reach the new demographic, and properly socialize these exciting developments.
As we do so, we ask that you all continue to turn to this channel for the latest news and updates ahead of our public sale in 2018!
Thank you for your support-
The Team at LOOMIA
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What this will mean for bounty participants:
- the amount of allocated tokens will be increased from 1.3% to 1.6% to compensate for the delay
- signature participants who are wearing their signature at this date will be allowed to remove it and keep their accrued stakes. However, this won't apply for people joining from now on.
even I do not get the time the sale will start again.