Dear Community.

Recently, the extreme volatility of the crypto markets have provided many opportunities. But in the same vein, price inflation in the crypto and the general markets has run rampant. The price situation has fostered a lot of interest in the cryptosphere, and we intend to utilize this general interest in cryptos to facilitate our marketing push. Specifically, this is a three pronged strategy (exchanges, marketing campaigns, conferences, etc.).

We decided to embark on a wide advertising campaign, in addition to going live in various crypto exchanges around the world. This is an effort to provide sources of liquidity with global representation, meaning we want a selection of exchanges that essentially represent a “decentralized” liquidity solution.

In our opinion, the “money per value” is worth the risk at this stage. Therefore, we ask you to read the following blog carefully.

It contains important information that concerns the whole of our community, and is a statement of the current vision and futuristic plans for our fully decentralized Student Ecosystem:

Legal & Accounting

As a result of the global developments in the digital currency market, it has come to our attention that the purchase of STU as a BUYBACK from the market presents a problematic and threatening obstacle to our decentralized student ecosystem. Legally, this exposes the firm to various risks (taxation, criminal liability, etc.).

For our contribution base, we are aware of the regulatory climate surrounding token economies. Our wish is to minimize the concerns that our offering can be improperly interpreted as a “security”. Our token is a pure utility offering, irrespective of locale.

It has come to our attention that the regulatory efforts are ramping up, in order to weed out bad actors (of course, no official announcement has yet been released by any regulator). But please heed the following article:

This Token Probably Won’t Help You

We have formed our opinion from the fruit of countless round-tables in recent months, with the world’s leading law and accounting firms. Please heed this missive, in order to develop awareness of the forces that could affect the value of your crypto holdings.

Moreover, we feel a responsibility for our dear bitJob community.

We could not achieve this without you!

Circulation Update

Following the previous blog-post regarding the subject of circulation, we would like to inform you that we are Increasing the STU Circulated supply by 18 Million STU, taken from the Company wallets, in order to cover different expanses as described in our WP Token Distribution chart.

The following releases will assist us in expanding our company reach using Marketing, Social engagement, development and Legal protection:

4M STU for our Marketing & social Engagement. We are dedicating this amount to promote our brand & engage with the global crypto-community, Universities and leading industry employers, All to ensure a successful launch of the bitJob platform.

3M STU for our Beta platform Testers. Our upcoming beta release will include more than 35 different screens backed by a beautiful UX/UI experience. This is a huge milestone for us, and we are helping our dev’ team to test and improve every part of the system by compensating bug bounty hunters and software testers. If you’d like to participate in our Testers program, please drop us an email here: Testers@bitjob.io

3M STU for our new Bounty Program. We are building an exciting and industry leading bounty program which will be released soon and be led by the Amazix Moderators team. The program will assist the firm to expand it’s exposure and social channels reach. Our beloved community will help us Create rapid viral content such as Videos, animation, blog Posts, Articles, reviews and tweets. If you are looking to assist our goal and work from your home: Please drop us an email here: Bounty@bitjob.io

3M STU for our new Ambassador plan. We are building a global Academic ambassador plan and hiring hundreds of thought leaders, union chairmen and leading students influencers, those will act as the official bitJob Ambassadors, in their classes, campuses, workplaces or neighborhoods. All To spread the word about our vision and incentives people to join the movement.

3M STU for our Legal & Audit. We are working very hard in order to ensure the legal safety of our firm, users & token holders. As most of you know, our platform will support all nationalities from all over the globe, this complex taxation situation obligates us to hire the most professional Legal representation & Tax auditors.

2M STU for Board Members & Advisers: As part of pre-signed agreements with our Advisory board, Some of our members were not yet to be compensated, and were promised to get their compensation in different milestones after the completion of the ICO. It is important to emphasis that our board members are still contract-obligated and devoted to our 1-Year guarantee of token vesting. this amount will not enter the open markets at least until the 1-Year vesting time is fulfilled — but it will increase the “Circulated Supply” as it has left the Company wallet.

The final amount of CoinMarketCap index will be Increased by 18 Million STU and will be updated to 66,043,991 by February 15th, 2018.