Let’s talk some numbers

The sale officially closed on the 1st of December 2018 with contributors from all over the world. We got the most attention from our native Europe, as well as Asia from both angel as institutional investors. Many of our angel and institutional investors wish not to be disclosed, however some of the notable institutions include: Maven 11, GSR, Blockwall, Wentworth Hall Family Office, Olymp Capital, Blockground, CryptoLabs, CipherBlade, The Reserve and iFinex. With these contributors and many others we reached the following numbers:

Total Raised: $8,075,557 Total Tokens: 140,200,637 (~56%) Token Price: $0.0576

There is a highly interesting opportunity ongoing which we cannot currently disclose, for which we are reserving 50M tokens out of the 250M we intended to sell. Should this opportunity fall through, we will find another way for these tokens to benefit the network or end up with our token holders directly. The remainder is diluted immediately, bringing us to:

Total Raised: $8,075,557 Total Tokens Emitted: 200,000,000 (80%) Tokens temporarily retained: 50,000,000 (20%) Circulating Token Price: $0.0404 (~42.6% dilution)

Obviously we expected to fully sell out, however looking at the team’s effort in a market that went down 80% since we started our fundraiser we are extremely proud of our result.

The new token metrics