Token Generation Event (TGE) is now finished. Many thanks to all supporters of the project and in particular to our Asure Angels, who ensure that the opportunities and potential of blockchain technology for decentralized social security systems have been and are being created in many corners of the world.
Revenue from the TGE remained well below our expectations and is not sufficient to fund the development of the Asure Network as described in our roadmap. For this reason, we have decided to reimburse the income from the TGE and also reward your support by giving out 100 ASR tokens extra for every ASR token bought during the TGE.
The Asure project will continue to work on decentralized social security and insurance solutions but might not implement the Asure Network as planned.
We decided against an IEO because we do not expect that it will bring any further benefit to the project. For this reason, all unsold ASR tokens are burned.
We believe in the approach, but unfortunately we have to wait until the technical challenges are being solved by the other teams. The blockchain research projects are in full swing and will solve the problems of scalability, data protection and process scope. So we take a break until it is done. Tokens were generated and distributed and can be used in Asure ecosystem at any given time if the conditions above are met.
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