Afterschool ICO Announcement

Afterschool
Afterschool
Published in
1 min readOct 12, 2017

​First of all, we would like to thank everyone for all the help we’ve been getting since we started our ICO. We’re proud of our team and our advisors who came together and all we’ve accomplished in the past two weeks. Together, we’ve raised our goal of 11 M Afterschool tokens, supported by private crypto fund investors and 378 indvidual backers.

However, recent circumstances led us to a decision. After carefully considering the announcement published by the Abu Dhabi Financial Services Regulatory Authority (FSRA) last October 9, Afterschool voluntarily suspends its ongoing crowdsale temporarily in order to make sure that we comply to the FSRA guidelines and policies. We are reaching out and once we have clarity, we will be conducting our ICO accordingly.

In the next 24 hours, we will be returning all pledged tokens to our contributors on the similar ETH address that was used for contribution. Please reach out to us on admin@afterschool.ae for any questions you may have. Our tokensale page will be inactive starting today, 12th October 2017.

It has been an incredible journey and we hope to sort things out soon. We’ll update again. Thank you!

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Afterschool
Afterschool

Afterschool is a two-sided after school activity marketplace set to decentralized its platform using ethereum blockchain. ICO will be on Sep 26, 2017.