The future of Biometrids!

Morten Nielsen
2 min readJan 23, 2018

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Dear community

Thank you for all of your support and interest in our product the past months. We have been seeing a growing interest in our product the last month, and this has kept us going.

As you know our PRE-ICO didn’t go as we expected. We did not manage to collect the funds we were hoping for.

We have since then been considering a lot of things, because we weren’t willing to just let the project die. We still believe that we have the absolutely best identity product on the market, and that our product could be a real game changer in the future. Therefore we have been working on a solution in the shadows the past month or so.

Therefore It is really great news for us, to tell you all that we have been in contact with an investor, which will help us set things off, and help us with finance. This means we now have funds to do a marketing campaign. Crypto marked has changed a lot the last half year, and it’s almost impossible do an ICO with out a marketing budget, which we didn’t have, do to our PRE-ICO failure.

Previously our aim was not to do a private sale. But as things turned out we didn’t see any other way around than doing a private sale.. We could either let the project die, or get an investor in. So we choose to do a private sale and realise the project!

This also means that we will postpone ICO until the 19th of February. So new dates for ICO will be 19th of February to 19th of March.

Also there has been a change in the eth price since our PRE-ICO. Therefore we will be recalculating our hardcap softcap and how many tokens buyers will receive. Participants in our PRE-ICO will get tokens equal to the new numbers added to their investment.

The new numbers will be as following:

Hardcap: 23.000eth.

Softcap 3500eth.

ICO token prices.

Week 1: 3000IDS/1eth

Week 2: 2600IDS/1eth

Week 3: 2200IDS/1eth

Week 4: 2000IDS/1eth

Minimum investment will still be 0.1eth.

New prices will be updated on the website, when it goes live.

So what are the next steps?

We are doing a makeover on our website, and this will be ready later this week. We are still looking for potential partners, and are speaking to a few that we can’t announce yet.

Now we are preparing our marketing campaign, and are working to improve different things.

We are looking at different conferences that we are considering to attend, and a lot of other things are on consideration at the point.

We want to say thank you to all of you for all of the support we have been giving doing all of this, and also thank you for the interest in our product. Now, lets get the message out there together. This product will for sure be a game changer in the future of identification!

Lets change the future of identity together!

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