Circles Project Presale Is Now Over!

Felix Watkins
circlesproject
Published in
2 min readOct 18, 2017

Today marks the conclusion of the Circles Project presale contribution period!

We would like to thank everybody who contributed allowing us to successfully raise a total of 74.098949808 ETH in our discounted presale.

I am pleased to announce that we have met the necessary funding requirements to develop our Alpha ahead of the Phase 2 launch in Q1 2018.

Everyone who helped make the presale a success has automatically received their purchased CRC tokens within the contributing address, and can be viewed via Etherscan.

Transfers of Circles tokens will be paused for the time being in anticipation of the delivery of our Alpha. You will be able to move your tokens once we complete distribution of the remainder tokens expected in Q1 2018.

The rate for this distribution will be 10,000 CRC per 1 ETH contributed.

Upon completing Phase 2 of the token distribution you will be able to use your Circles tokens within the app and transfer tokens however you like!

Thank you for your early support and taking part in the Circles presale.
Now the real work begins.

We will be keeping everyone updated via our Medium blog with early screenshots of the look and feel of the UI/UX as well as development updates.

We also have some partnerships being worked on at the moment with content creators looking for additional streams of revenue for monetizing their content that we are excited to bring on board the Circles app in the future.

The future of social media content appreciation is circulation.

— Felix, Project Lead at the Circles Project

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