It’s been an exciting 2018 thus far for the BotChain team. Today, I wanted to provide an update on where we stand as a project and the status of our pre-sale. With your support, we’re well on our way to reaching our funding goal and are pleased with our progress to date. Since launching earlier the first quarter of 2018, we’ve made significant strides with our technology, our partners, and our community.

To recap:

Which brings us to today, and our important update regarding postponement of our token sale. After evaluating the current state of the crypto markets, the status of our tech, and the advice of our top advisors we have made the decision to pause the BotChain public sale. We are in a comfortable position to continue allocating resources to development of our network and ecosystem having raised $5 million so far. As we look to the fourth quarter of 2018, we want to end the year on the same strong footing we began it on.

We will spend this next half of the year continuing to work in tandem with our partners to make sure our technology has the ability not only to run, but to be used. We are working with the best of the best to bring a new layer of trust and verification to the AI landscape — we are well aware of the challenges that come along with being on the frontlines of implementing an emerging technology, but we know the value of this project the role it will play in facilitating the enterprise adoption of AI. With our proven team of software executives, AI and blockchain experts, and the backing of our network of partners and our community, we are on track to introduce a decentralized identity ledger with enterprise application before the end of the year.

It feels like a whirlwind of progress has been made, especially with our incentivized curation council membership registration well underway. Thank you for your patience as we worked through our BotChain token sale dynamics and for your commitment to bringing the bot economy to the forefront of the digital landscape.