Despite the unpredictability of the crypto-world, the craziness of bitcoin hard forks and negative market sentiment, one of the most important chapters in Privatix company history has come to an end and opened up an amazing opportunity for us to make the world a better place with blockchain.

1,435 people from all over the world have joined our movement and contributed a total of 7,183 ETH.

We would like to thank everyone in our community for all your support. Our team has started work on implementing our roadmap and building a truly revolutionary Privatix Network.

Results

The Privatix Token Sale opened on 19 October 2017 and ended at 16 November 2017. During those 30 days we collected: 5,775 ETH (7,183 ETH in total with 1,408 ETH of Pre-sale). We have conducted whitelist with KYC/AML procedures and restricted contributors from USA, Singapore, Republic of China and South Korea.

Privatix Token (PRIX) final distribution details:

100% Total supply: 1,275,455

83% Token Sale and Pre-sale: 1,058,627

7% Founders (locked for 12m): 89,281

7% Future and current team: 89,281

3% Advisors, bounty, and cost covering: 38,263

Total circulation supply: 1,058,627 (7% of locked 12m tokens excluded)

Total contributors: 1,435

All unsold tokens were burned, and no future tokens can be issued.

The exact total supply is 1,275,455.31177803 PRIX

Token address: 0x3adfc4999f77d04c8341bac5f3a76f58dff5b37a

Token transferability

Your Privatix Tokens (PRIX) are now transferable! If you have any questions about your tokens, feel free to reach out to the team.

Privatix Token

PRIX was listed as a verified token on Coinmarketcap.com. Please avoid discussion of exchanges, market price or market appreciation in our chats. This is important to note as PRIX is not an investment, instead — it is a utility token meant to be used within the ecosystem. The Privatix Team will not comment or discuss this topics.

Bounty

As previously published, we have canceled our planned bounty program on BitcoinTalk. However, we still had a handful of private bounty participants, such as the major news channels we advertised with, promoters and community managers. The bounty tokens will be distributed from the bounty pool, and the exact amount of tokens distributed will be published.

If you participated in our short BitcoinTalk bounty, you’ll need to claim your bounty via this form before 23 November 2017, 16:00 UTC. As declared previously, only claims that were sent before publication date will be checked and estimated at reasonable market prices only. Individuals who have used unfair methods will not be rewarded. The whole process is controlled by the CEO and his decisions cannot be appealed.

Updates

According to the roadmap, the Privatix team has already started work on preparing the company for future development, and closing the administrative, legal and HR issues as soon as possible.

We will be issuing updates once every 2 weeks on Tuesdays. As soon as we have our technical roadmap ready, we’ll publish it and include development issues in the updates as well. The next update will be published on 28 November 2017.

Current Privatix projects

It was a real challenge for us to sustain our current projects and conduct the token sale. Because the hard cap has not been reached, and we have collected enough, but still not a large amount of funds, Privatix will have to sustain some of its current services, but will completely outsource them to external teams or separate business units. This will not affect development of the Privatix Network, and it will even help to move users to the blockchain solution once it has been developed and get mass adoption faster than our competitors.