Ian Cunningham
Jul 20, 2017 · 1 min read

Hi Marvin, we appreciate your interest in the project. At the time of writing we are now 40 hours into the funding period so its a good time to take stock although its still early days as far as we are concerned. Firsty there are now 215 participants in the ICO, hundreds more newsletter subscribers and many more bounty signees. This for us is great as our idea was to open up daoact to the community at the earliest possible date and now we have a real community to work with going forward.

The donation amount is over 3 ETH per person which is quite significant considering there are no real single large donations yet. The amount is actually sufficient to complete an ICO and continue with the mainnet solution so thanks to everyone.

To answer your question I would say that the coindash hack the day before the launch and the hugely volatile market at present with large scale sell-off of all coins has been a big factor.

Also its good that some sense has returned to the market with funding periods of various days or weeks rather than a few seconds.

So really its a great time for Daoact actually, I hope I have shed some light on your question. Feel free to ask me anything and thanks again.

)

    Ian Cunningham

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    Views are my own. ACT Official — https://medium.com/daoact