So, guys, some news from a previous weeks.
The last 2 weeks were very difficult for us and, unfortunately, our plans didn’t go as we wished and are not completely fullfilled.
As you know, since the June, 10th we were in Hong Kong, where we negotiated about a possible launch of Suretly in China.
Also, we presented the crowdvouching technology at the Rise-2017 conference - we received some positive feedback from the market and we were invited to several business-accelerators in China.
After the first day of the exhibition, we launched the ICO, and as you already know, we faced a powerful DDoS attack which led to inaccessibility of the service for more than 2.5 hours. We can’t blame the tech guys, even more than 10 servers couldn’t cope with the attack - it was VERY powerful.
In addition to that, we started our ICO in a bad-market-time, which caused refusals in investments from large players, who previously planned to invest a fairly large amount.
Of course, both of these facts negatively affected to the dynamic, which in turn lowered the expectations of speculative investors, as a result of which we raised only a minimum target in the first few days.
Anyway, I would like to emphasise that even a minimum of 1.5M will allow us to fully develop our business in Russia and Kazakhstan. We will launch our application in the pilot-mode in the US this year. Let me remind you that the US is a huge market for us, its size is about 40 billion dollars.
So, we are ready to work in "agile" mode with the minimum funding. We are the "lean startup" and we know how to use money more effective
If we collect a large amount (or the ETH/USD will continue to grow) - we will be able to scale our business more faster and we will open Europe and Asia branches next year.
