Myself and Neeraj would like to thank everyone of our community for making the crowdsale a success. This was an amazing 48 hours and we can’t believe it all came together. I know people say you shouldn’t celebrate financings, but forget that. Executing an ICO is one of the most gruelling and emotional journey’s to experience. Selling out the crowdsale is a huge milestone in the growth of our company and delivering a product that we know will be a key component of the new, better Internet for everyone.

Next week marks exactly two years since Neeraj and I left Vancouver to move to Singapore. We literally left our families to pursue our vision. We showed up with our backpacks and lived week-by-week in hotels and AirBnBs; always seeing where we could get the best deal. Now, two years later we have the makings of an amazing product and a massive community supporting it.

The last 4.5 months have been a whirlwind having travelled to multiple new cities; slowly building a base as we did meetups, events, conferences and hackathons. We developed many new relationships with the community and other blockchain founders who we know we’ll be working with for sure. The journey has brought us many people into our ecosystem who will be instrumental in the development and deployment of the Bluzelle decentralized database protocol.

On December 1, we had 1300 people in our Telegram group. We thought this was a nice base and that if we could get to 8,000 by mid January, we would be in a good position to execute the token sale the first week of February. But word spread about our project and the numbers kept growing day by day. Next thing you know we were at over 8,000 in 10 days and had to close the whitelist. We are now more than 27,000! This was all done without any ad spend or promotions (outside of a 5 week bounty program).

In the past two weeks, we had a number of bumps along the way. We called these stresses on the system to see if we would break. After all, nothing ever works out completely smoothly. You let us know of issues and our team responded the best we could. To put this in context, we had fully approved around 7,600 people to participate in our token sale; almost 95% of the community came through! We had been figuring on maybe 65%. But you blew us away. This showed the belief the community had in our product and team.

As the community grew and people became aware, many in our channels wondered if we would even have a crowdsale and sold everything privately. We really wanted to have the public sale and have a community without having to raise our valution. And we’re glad we did. The community was loud and quick to give us feedback when needed.

With a whitelist of over 8,000, we could have just chopped it in half and had less people in and have a higher cap. We chose to have a larger number and guarantee participation for all. We hope everyone liked that we gave groups 24 hours to get their orders in. The reason we had a first-come-first-served model on the third day was so we could sell the small amount left quickly and move to the next stage. Thanks again for working with us.

There are so many decisions that founders need to make during a token sale. And as you are aware, they sometimes need to be done quickly. At times founders are called greedy and selfish but from the people I’ve met behind great infrastructure projects, that isn’t the case. We have been into this technology for years and want to do what’s best for the project. The CEOs and CTOs I’ve gotten close to really just want to talk about product, tech and the future. We believe in what we are doing so deeply. I’m humbled by the opportunity to make and build these relationships.

The crypto-community (from developers to financiers to enthusiasts) is an amazing group. It’s resilient, forward thinking, rebellious — everything we want ourselves to be. That’s why we believe that we’ll find a way to succeed and many of the next generation infrastructure projects you all have supported will too.

Now it’s time to move to the next stage and bring our decentralized database to everyone. We’ll be travelling more in the next twelve months and hope to be in cities where some of you are.

Thanks again for the support.