Tokenlab ICO Crowd Sale Report
Total Raised: $1.0m
Total Minted: 15,651,794.4
Total Burned: 84,348,205.6
Bounty Program: 78,747
Participants: 4.5k
How to Transfer LAB with MEW (MyEtherWallet)
Video: https://youtu.be/gd0i6n1y3fQ
How to transfer LAB using Expanse MIST wallet
Video: https://youtu.be/c6_D100E3HI
Note: When sending LAB, use an EXP address, and your address must have EXP to cover the fees.
Our Thoughts
This was the very first successful crowdsale on the Expanse network. We successfully raised over $1.0M. Although it’s not record breaking it’s certainly big enough to reach our immediate and midterm milestones. As promised we will burn all LAB that was not sold and during the crowdsales.
In regards to listing LAB on HitBTC, over the course of two months HitBTC repeatedly increased their listing price from 6 BTC to 40 BTC then back down to 18 BTC.
Due to many comments via social media we’ve received from our community, instead what we have decided is to use the resources to reach out to smaller exchanges. We have promising leads with Crypto Bridge, Cryptopia, Yobit. Kucoin, CoinXChange and a few others; but ultimately what we plan to do is launch our own exchange so that our clients don’t.
Our Next Steps
Tokenlab is now entering phase 2 of our development schedule. Over the next couple months we will be fleshing out and developing our platform.
We already have 4 customers and more clients in the queue. Our goal is to get to a point where the entire service is completely automated to minimize downtime so that LAB holders and new clients get the most out of our offering.
Conclusion
We learned a lot of incredibly valuable information during this crowdsale. We learned what works, what doesn’t, what it will take to succeed in the future, and what it will take for our clients to succeed. Because ultimately their success is shared with us. We look forward to growing with all of you and thank you so much for supporting this awesome experience.
Support
Need support? Submit a ticket at https://expanse.freshdesk.com/support/home
Have Discord, chat with us at Discord.me/Expanse
Use Telegram? Join use here t.me/ExpanseTech
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