BitherPlatform News

BitherPlatform
BitherPlatform
Published in
2 min readDec 15, 2019

As you know BitherPlatform started the project at the first quarter of 2017 but the main idea goes back to one year before the start of the website. From the beginning, the team has tried to find investors to fund the project but due to many reasons such as the bear market, scams, loss of funds in other projects, etc. Investors were not interested in a crypto project at all. Considering the situation, we ran presale and the crowd sale from 23 March 2019 to 1 July 2019 Unfortunately, having the highest ranks in monitors and review websites didn’t help the project and we only collected 150 ETH which was %1 of our target cap (60000ETH). We changed the target to 2000ETH and tried to have an IEO on LAToken, we spend thousands of dollars on marketing to increase the chance of meeting the cap, but surprisingly we collected less than one ETH in the IEO which was an end for some of our teammates who left the project.

After the end of IEO and scrutinizing all of our options we decided to stop the public sale and focus on individual investors. By receiving the support from the community which was an honor, we are going to push the project forward till Q4 2020 and try to reach our goal, but if we can’t do it in this period, we will refund all the funds.

There are still 200000 tokens left out of 700000 tokens dedicated to the airdrop which we are going to decrease the rewards up to 80% . A lot of people recommended we add the BTR to exchanges, but considering the current market and many other factors, we are not going to do that until the launch of the main network. We are here to stay and get the project to the point of launch, what motivates us is the unique community of BitherPlatform which is the most valuable asset any project can wish for. In the end, we invite you to contact us if you are interested in investing in the project and help us to continue Bitherplatform, a project we all believe adds value to this space.

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BitherPlatform
BitherPlatform

New Eco-Friendly and Layered Decentralized Economy: Three-layer solution, Multi-mining capability, Optimizing energy consumption. https://bitherplatform.io/