up until today, HiveNet has raised a total of USD 1.5 million through sale of HiveNet Tokens. However, this sum is below the soft cap of USD 3.4 million as defined in our White Paper. In the shadows of the Covid-19 pandemic, the global situation for startup funding, especially within the blockchain industry, has severely shifted.
Consequently, we have decided to conclude the HiveNet project by the end of 2020. All buyers of HiveNet Tokens will be reimbursed according to the relevant contractual definitions.
We want to thank you all for your support throughout this exciting project,
the HiveNet team