Crowd Machine CEO addresses CMCT theft and project status

ANNOUNCEMENT: San Jose, California USA, 25 October 2018

Crowd Machine CEO Craig Sproule and VP of Economics Camden Dore today ran the second ‘ask me anything’ (AMA) session for 2018, where they answered questions submitted on social media about the CMCT theft in late September and our plan of action going forward.

Crowd Machine CEO Craig Sproule in New York building business at the UN Global Goals week in Sept 2018

The key message from the AMA is that it’s business as usual at Crowd Machine. We’re a real business generating real revenue, which makes us different to many of the other ICOs — we’re here for the long haul.

We expect the vast majority of CMCT to be returned, so there will be no need for a token swap, buy-back, a fork or roll-back. There’s also no intent to stop the CMCT pooling program we announced in September.

We confirm that, as soon as the investigators permit, we will request exchanges to lift their suspension on CMCT trading as soon as possible, and we will notify our community when this occurs.

An updated Crowd Machine roadmap, which takes into account customer requests for new services and timing changes, will be published on our website by the end of November.

There’s been incredible interest in the Crowd Academy education program for the Crowd App Studio. Beta testing has been in progress for the past few months, and the Crowd Academy launch is currently scheduled for November 8 — stay tuned for our announcement.

Watch the AMA in full on Crowd Machine’s YouTube channel.