Following signals from our community and investors we've stopped this IEO with Latoken last week.
#1. We'd like to inform you that we stopped the IEO at Latoken yesterday, based mainly on investor and community feedback.
To be perfectly clear: The Latoken team were great. The communication, the helpfulness and the quick response to requests to us were all good. Everything from the team side was top. However the underlying performance of the Latoken platform was an absolute disaster.
I've been in the web / webshop and app business for over 10 years. I've never seen such a bad pagespeed score in my life (mobile 2/100 & Desktop 10/100). Confirmation emails are sometimes not sent (the support said in this case, people have to make the registration again), the entire page is sometimes not even loading completely. Every second visit, you have to reload the page manually before anything is displayed.
We have received messages from potential investors almost every day since the IEO start, that they either had too many side issues or would not trust the website because of the bad performance and therefore would not invest.
We brought more than 20k unique visitors to the IEO landingpage so far. Which was hard because we had a long list of restricted countries including the US, this further complicated the matter. So based on all this we had to act here urgently. So we asked Latoken yesterday to stop the IEO immediately, what they did. As I said, awesome team, but unfortunately a super bad performing IEO platform/website.
We've agreed with Latoken that all investors that purchased Hydra there will get their BTC/ETH back from Latoken.
This was the first piece news. Now here comes the second, and more exciting piece of news!
#2. We are continuing the Hydra token sale in a brand new way, with many upgrades!
We talked to an good and long-term Partner of IOP and asked them if it's possible to make the tokensale over their platform. They agreed and we started working on the implementation together.
Im talking about the best and one of the largest crypto swap service platforms in the world today: simpeswap.io
This brings several key advantages for you!
- No KYC or registration needed
- No restrictions
- You will get your Hydra directly and can use it for staking
- You can buy Hydra with the following cryptocurrencies:
btc, bch, bsv , eth, xlm, xrp, rdd, xmr ,eos, ltc, dash, etc, bnb-mainnet
In this process we re-thought and upgraded the whole classic IEO format and decided to make an "Dutch auction with Hydra on Simpleswap.
We start with 0.08$ Sunday to Monday night 00:00 UTC and going steadily down to 0.02$ on the following Sunday 23:59 UTC.
Now you might think, oh I'll just wait until Sunday and then buy some. But here's the catch, there will be only a limited amount of Hydra available every week to buy. So if you buy to late, you might miss out. To keep the auction fair we will not disclose this publicly, and the amount can change every week.
And finally an update for our extended family in the United States, you'll know that it was not possible in the recent past to trade IOP from the US. Now since that IOP was a coin and HYD is a utility token, there will be some change. We're happy to report that we're currently working with attorney's in the US on a legal declaration and all sign's are positive that we'll be a SEC compliant utility token, opening up pathways to future exchange listings. We'll update you more on this later.
Well thanks all for reading it up to here, I know it was a long post. So I will not keep you waiting, head on over to
https://simpleswap.io and enjoy our Dutch Auction!
Obviously anyone swapping their tokens for Hydra should do so after judging for themselves what the project is about and whether it's worth it.
Do your research and in case there are further questions, feel free to reach out to us.
