A Second Update on Our Fundraiser

Our pre-allocation maximum of $6.5 million USD was reached in just 6 minutes

Cardstack Team
Cardstack
3 min readMar 13, 2018

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This is an update about Cardstack’s Token Generation Event, redirecting from https://cardstack.com/tge-update-20180313

Update: The TGE has concluded.

The pre-allocation round (Batch B) of the Cardstack Token Generation Event has now concluded, and emails have been sent to all successful contributors.

Reflecting the strong support from our community, we were able to reach our maximum allocation for this round — $6.5 million USD in just 6 minutes.

Some of the contributors sent funds in excess of their contribution caps or after the close of the contribution period. The refund process for those contribution amounts has been completed as of the publication of this blog post.

We’re proud to have this vote of confidence from you, and with your help we’re laying a powerful foundation for building the experience layer of the decentralized Internet.

Please note: The only way to contribute to Batch B was through Bitcoin Suisse. If you have received a message asking you to send funds to our pre-allocation after the pre-allocation closed, it is not legitimate.

Crowd Fundraiser

We understand many supporters who wanted to contribute in our pre-allocation were unable to do so.

With that in mind, we’re looking forward to opening the crowd fundraiser (Batch C) for the Token Generation Event to members of our community who have not yet contributed.

The goal of our crowd fundraiser is to create a diverse community with a token allocation optimized for the long-term growth of the Cardstack project, and to reward all of our supporters with a fair participation process, regardless of your contribution level.

The time and date will be announced soon.

To participate in the crowd fundraiser, you will need to be whitelisted and go through KYC on cardstack.com through an self-service KYC process backed by IdentityMind Global. You won’t need a Bitcoin Suisse account for this, but if you were KYC’ed through Bitcoin Suisse for our pre-allocation round, we will honor it and you can skip this process. (Make sure you use the same email address, so that we can match your records. As a reminder, you may only contribute to one round of our fundraiser.)

To register your interest, please fill in the form at cardstack.com/whitelist, and we will you notify you soon with further instructions for KYC and registration.

If you joined our community on or before January 31, 2018, we want to show our thanks by offering you a higher contribution cap in the crowd fundraiser. When you sign up for whitelisting, just remember to use the same email address you used to contact us or sign up for our newsletter.

Please stay tuned for further instructions from us, so that you have the best chance of being included in this round.

Please make sure you read and understand the White Paper before contributing. If you have any questions, just message one of the admins in our official Telegram channel: https://t.me/cardstack

General reminders

  • Cardstack or its partners (including Bitcoin Suisse and Amazix) will NEVER solicit funds via private message, email, or any form of social media.
  • Contributions for the crowd fundraiser (Batch C) will only be conducted directly on https://cardstack.com.
  • If you are in doubt or notice any suspicious activity, please message the admins in our official Telegram group: https://t.me/cardstack.

Join our community

To learn more about Cardstack, visit https://cardstack.com.

Join the Cardstack community channel on Telegram at https://t.me/cardstack

Disclaimer

Nothing herein constitutes an offer to sell, or the solicitation of an offer to buy, any tokens, nor shall there be any offer, solicitation, or sale of Cardstack Tokens (CARD) in any jurisdiction in which such offer, solicitation, or sale would be unlawful. You should carefully read and fully understand the White Paper and any updates. Every potential token contributor will be required to undergo an onboarding process that includes identity verification and certain other documentation, which you should read carefully and understand fully, because you will be legally bound. Please make sure to consult with appropriate advisors and others.

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Cardstack Team
Cardstack

Official account for the team behind the Cardstack project.