Update on Providence Timelines

Providence Crypto Resort
2 min readFeb 7, 2018

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As you may know from our telegram channel where the majority of our communication is lead, we had certain delays in the process of announcing our final token sale dates due to a number of conditions that came along our way.

Our pioneer investors were in an intensive search for onboarding and securing key investments that are necessary to roll-out our complete venture. In regards to that, the crypto markets in the last 60 days didn’t prove to be a generous ally to many projects in the space and and in that regards we have decided not to go forward until the markets stabilize and show signs of accumulation and bullish trends.

In this period, the amount of investments in ICOs has dropped in a considerable amount as bearish sentiment prevailed but also the raised funds have lost value so soft-caps could not be properly calculated.

Following these key points, we are setting a definite date for 31.03.2018 with specific token sale instructions and economics coming this month. Also our initial roadmap timelines have shifted and we are working on revisions where updates will be shared and updated on our channels and website.

Bounty Distribution

For all the members that have participated in the bounty campaign, the token distribution will be conducted before the token sale. We intend to make all the distribution from 01.03–15.03.2018. Tokens will be however locked for moving until the main sale is finished and next steps for listings will be introduced.

Let’s make this a success

Providence Team

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