IRONBLOCK prepares for repackaging
Dear friends, we’re just a few days away from the end of our Pre-ICO campaign, and we have to acknowledge the fact that it’s highly unlikely to reach its funding target.
Our offline heavy equipment sales business is alive and well regardless of this fact, and the objectives outlined in our roadmap are real and totally reachable. The fact of the matter is, in our running the pre-ICO and preparing for the ICO we overlooked one crucial detail that at the end of the day completely scrambled our plans. It’s an open secret that during the Pre-ICO and ICO phases of our crowdfunding campaign we planned to raise somewhere between 500 and 1 million US dollars. The smart contract had our tokens, the IRB, pegged to Ethereum, the value of which has skyrocketed since the launch of our project — from just $400 to over $1200 per coin, close to going triple in price.
Such a sharp turn taken by the exchange market couldn’t have left our project unaffected, shifting our goalpost three times as far from where we have initially set it.
The official date of our project’s Pre-ICO conclusion is January the 14th. It is extremely unlikely at this point that the project will manage to reach its Soft cap. Therefore the IronBlock team has made the decision to restart the IronBlock ICO.
Within the shortest possible time we will correct our mistakes and after repackaging the IronBlock ICO our investors will be able to purchase IRB tokens not only for Ethereum, but other cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin and Ethereum Classic. It’s also important to note that IRB price will be pegged to the US dollar instead of Ethereum, and will be situated at 12 cents per one IRB token.
We do not in any way give up our plans to run the ICO. The roadmap milestones will be reached. Despite this relative failure of our Pre-ICO, our team has already begun moving along the roadmap using our own financing. The objective remains — restart the Pre-ICO in the nearest future, run a full-scale ICO in March and present the beta version of the IronBlock platform in April.
There are absolutely no risks for our investors, however. If the Soft cap isn’t reached as we have already established, our investors can easily return the Ethereum they invested into our project. The only action you, the investor, need to take is click “refund” in your wallet. The purchased IRB tokens, however, will stay in your wallet.
The history of our project does not end there, and quite to the contrary, with a new impulse to continue development, we want to reward those who have already put trust into our project and invested to join us on this journey. The reward is an exclusive offer, a sort of an Early Bird bonus — an opportunity to reinvest in IronBlock on special, privileged terms.
Our new Pre-ICO will be launched very soon and will only last four weeks. During that time we plan to raise more than $200 000 and so we are granting a +15% bonus for the first wave investors who decide to stay with the project! We will also grant additional bonuses applicable to all our investors — for the first week everyone receives +30% tokens, second week +25%, and third week +20%, fourth week +15%.
We are convinced that after correcting and adjusting our approach as well as reaching new partners and investors we will reach our goals! We are glad to see that most of our first wave investors have expressed their interest in continuing to support the restart of our project’s ICO and wish to further reinvest into it.
https://ironblock.io/en
