We wish to start this message by thanking you for your support and trust. Without you, our project wouldn’t have made it this far, so your consideration is highly valuable and appreciated.
We are certain that you are anticipating what will be our next move looking at the current cryptocurrency downturn.
After having participated in major Blockchain events in Europe and Asia and after having received additional advice from experts and advisors and also analysing comments and expressions of concern from our dear community members we wish to announce that our ICO, the last stage of our crowdfunding, will be delayed. You can read all about the seven reasons we are delaying our ICO in detail, further down.
The new ICO start / end dates will be the following (dates are speculative and subject to further change based on market trends):
ICO start: May 3rd, 2018
ICO end: May 31st, 2018
The decision was made with the project’s and supporters’ best interests in mind.
We wish to do the best we can making sure that our project will succeed in everything it set out to do.
This will safeguard as well as expand the value of DIW along with that of its Token providing the best possible return to all of its supporters.
To reward everyone’s trust and patience, we’ve decided to proceed with providing a 5% bonus to everyone whose contributed up to now.
The added 5% will be provided once DIW Tokens will be distributed to everyone. We estimate that this process will be completed before the end of this week.
Further instructions will be provided to the contributors very soon.
The decision to delay our ICO was taken based on the following seven reasons:
1. Downturn of Cryptocurrency market. Currently there is a ‘negative atmosphere’ surrounding cryptocurrency with their values having dropped by more than 50% within just a few weeks. Interest surrounding ‘Blockchain’ and ‘Cryptocurrency’ globally has fallen down to ¼ of what it was back in November 2017. New people and fresh cash have basically stopped coming in the market and there’s not much interest and excitement right now. The situation is expected to bounce back soon and that’s when we want to position our ICO.
2. There are a lot of major Blockchain events happening around the world within the next couple of months. Our management is planning to participate in some of these. This will add strain on our team and since we want to give our best to our supporters during ICO, we wish to have all hands on deck with no one missing.
3. We are in the process of translating our website in many major languages for maximum and localised exposure. This will take some time to complete, and because we want everything to be ready before the start of the ICO we’ll need more time.
4. Furthermore, we are in the process of securing more partnerships that will enable the actualization of our project in its entirety. This will boost trust and result in a successful ICO campaign. Once again, more time is required.
5. Our team members as well as the number of our advisors is expanding. New members will need proper training as well as some extra time to adjust to the project for maximum efficiency.
6. Our ICO Tier system will change from milestone based to time based. Our smart contract will be adjusted accordingly and re-audited. This will make it much more understandable and user-friendly to our ICO participants.
7. Lastly and most importantly, the added time will provide us with the opportunity to explore added solutions that will enhance the development of our project. This includes further finalisation of our project’s technical side of things and phase implementation.
We are fully confident that with your support, the above adjustment will prove to be decisive in the success of our project. We know that we have everyone’s support in this since we are quick to learn and adjust to the market changes as well as comments of our community.
Stay tuned for many more exciting news regarding our project in the coming days.
