The Deal Coin ICO Report and our Future Strategy
Token Sale Review
The Deal Coin team are pleased to announce that we have succesfully closed our token sale after successfully selling all of the available crowdsale tokens. The Token Sale has generated sales of just under $25 million and will enable the project to be fully delivered in line with our timeline.
In what has proved to have been a very difficult time due to the prolonged bear market the team are delighted to have achieved this fantastic milestone.
We would like to thank our full team that has worked tirelessly throughout the token sale period, in particular our community manager Dimitry and his team who have supported our telegram group so professionally.
Bounty
We would like to thank our bounty community, in particular our bounty manager @Aerys2, for the great support everyone has shown throughout the last 5 months. With thousands of articles and videos created to help promote the project across the world and helped to place the campaign in the top 10% of all bounty programmes ever conducted.
We are now looking at our post ICO bounty campaign strategy which we are working on and will launch in the coming weeks. Our bounty community will continue to be key to our marketing strategy to support our project whilst we complete the development of the platform and go live with our Blockchain Peer to Peer Lending Platform.
Exchanges
We are currently in discussion with a number of exchanges and we will announce the news on which ones we will list on first very shortly. We recognise the importance of launching on an exchange with strong liquidity and this will be one of the key requirements we have set our our targets to achieve.
Token Distribution
We now have made our final amendments to the report from our bounty manager regarding the individual allocation for all bounty members, after which we will distribute all tokens to all of our 12.5k community members.
We also note a number of contributors to the sale still have not added their wallet addresses to their account. We have emailed you all directly so please ensure your wallet addresses are added as soon as possible.
Platform Development
We are planning to commence the platform development this month and we will feature a regular update from our team to ensure our community are fully up to speed with our progress
It is our aim to develop a world class blockchain lending platform that sets a new precedent in the world of alternative finance. The Deal Coin token (DLSD) will be the fuel for this new financial eco-system and we expect strong demand from users of the platform across the world.
New Partnerships
Building upon our strong panel of partners and advisors we continue to make great progress with the partnerships needed to prepare the financial eco-system for launch. This includes institutional investment firms looking to fund projects that meet their requirements across a wide number of asset classes and industries.
We also plan to launch with a strong selection of businesses with great projects and assets to secure funding against.
In the near future we will update our website to fit with our post ICO strategy. One new feature will enable new partners (for example In-Country Managers, Risk Assessment professionals, Credit Insurance providers, Debt Collection providers to register their interest to join the new financial eco-system and provide the necessary ancillary services to support the lender and borrower communities throughout the loan process.
Recruitment and Other Activities
We are currently finalising a number of new key appointments to The Deal Coin team. We look forward to announcing their arrival in the near future.
We also have a clear plan to secure the necessary permissions to operate the peer to peer lending platform within the relevant jurisdictions that we are looking to launch in.
Finally…..
The Deal Coin team would truly like to thank everyone for their support throughout the Token Sale period. We appreciate we had to extend the dates by a further month but this has enabled us to ensure sufficient funds are in place to realise the full potential of the project.
We now look forward to the next chapter in the evolution of The Deal Coin project and we are under no illusion of the great team effort that will be needed to deliver all of the above in line with our new timeline which will see the platform go live by Q2 of 2019.
Best Regards
The Deal Coin Team
