Conjure Updates STO Schedule
Extends Pre-Sale, Sets New Date for Main Sale
We’ll be slightly revising our STO schedule; please note that the pricing and figures won’t change, only the schedule.
There are a few reasons why we feel this is the right decision:
From an ICO to an STO Schedule
When we initially transitioned from an ICO to an STO, we left the original ICO schedule in place. There’s a stark contrast between the two approaches, so it’s something that we now need to address and account for.
The outdated ICO model focused on mass purchaser volume, guerrilla marketing, and a quick schedule that increased buying pressure.
The STO model (Conjure’s approach) is geared towards the VC, Angel, and Accredited Investor crowd — less volume, more capital. Naturally, these players have a process that requires more time for due diligence, research, and decision-making.
Extending the sale to accommodate these investors and their processes is one of the primary reasons for this extension.
Market Conditions & Recovery
As the crypto-market continues to show signs of life and rebound, we strongly believe the STO/ICO/IEO market will naturally follow.
Development and Progress
We’ve just released the latest milestone in Conjure’s development, our Web Prototype for Desktop. Extending the Sale will allow us to continue to improve and make development progress— without the pressure of a quick-paced sale structure.
All current investors will be notified on this change as well. If you have questions regarding the content contained herein, please reach out to us at firstname.lastname@example.org.
❤ The Conjure Team