Project update, and future plans!

We’re taking a step back thus putting the Atlasplatform token sale on pause!

We would like to thank everyone who participated directly and indirectly in our project. These great results were obtained thanks to your trust and support.

The last month has passed by so fast. We have reached our min-cap, and secured more than 500,000$ in crypto-value. An imposing amount for an internet startup with a limited Mk budget. As of this moment our project could be called a success, since we have reached the minim required to kick-start our project right?! Unfortunately this is were the problem arises…

The majority of the funds are concentrated in the hands of a few investors, that in our opinion represents a problem, since we don’t know who they are and what are they going to do once we go live. To avoid a future network dissonance, it is necessary to avoid such concentration of resources in a few hands.

The past weeks came with a toll. We spent a lot of time and resources trying to figure out the outcome of our current ico. After consulting with our investors, partners and developers we came to the conclusion, that funding our venture under this circumstances will be an economical suicide, since we pose significant risk to the whole project leaving all the market decisions in hands of a small group.

Thus we decided to make a step back. We have learned valuable lessons, and thanks to the assumed Mk efforts and limited financial exposure we are able to reconsider our offer.

We are putting Atlasplatform’s Token Sale on pause. With that said we’ll refund all the investors who participated in the ICO. All the participants will be contacted to avoid sending funds to wrong wallets.

Bounty participants efforts won’t be in vain. At this moment we’ll take note of all the actions taken in the bounty campaign. The recorded lists will be taken in consideration in the future ICO.

Once we cover this stage, we’ll reconsider our offer and formulate a better token sale with significant market support since the demand is there. We’re also taking in consideration a potential future private deal, that will open our doors to more established funding solutions, but this is in the future.

Stay tuned.

For more questions, reach us on telegram!