imusify Progress Update #2
This is an especially important update! We have an partnership to announce, as well some important adjustments to our ICO timeline.
NEO’s NEP-7 Token Update
NEO will soon release a new token standard, the NEP-7 update. NEP-7 will allow NEO smart contracts to automatically execute operations on the NEO blockchain, triggered by NEO or GAS transactions.
Up until NEP-7, arduous transaction frameworks had to be written into NEO smart contracts to allow for such transactions to occur. In the case of ICOs, the NEP-7 update will significantly enhance the safety and convenience for people contributing with NEO or GAS.
Aside from ICO functionality, the NEP-7 update will increase the efficiency and usability of all NEO smart contracts. We are all quite excited to see the developments that arise following the NEP-7 standard’s deployment to the MainNet.
This is a huge step forward for the entire NEO community, but does present certain limitations for ICO smart contracts that will be “live” when the NEP–7 deployment does occur. So, in order to mitigate the risks that come from having an ongoing ICO during the update, our team has opted to postpone imusify’s ICO by four weeks.
The imusify ICO will begin on August 1, 2018.
All of us at imusify understand that this adjustment may come as a disappointment to some, especially to all of our community eager to participate in our token sale.
We want to assure you that this adjustment is in the best interests of the entire community, and that we will use this down time to accelerate our business development and work towards early delivery for other components of our roadmap.
The discount structure and structure/length of each sale phase remain the same, if you’d like to review the detailed information about imusify’s ICO and token economics, head over to this link: https://imusify.com/ico.pdf
imusify x Switcheo
We are also very excited to announce our partnership with the Switcheo Exchange!
The IMU token will be listed on Switcheo’s decentralized exchange upon the conclusion of the token sale, allowing contributors to freely trade and exchange their IMU once they receive them!
We’ll be announcing more exchange partnerships in the coming weeks but for now, rest assured that Switcheo has you covered!
Stay tuned for more updates and as always, please join our community on telegram or discord - we’re always happy to answer your questions!
In rhythm,
The imusify team
imusify Prototype: https://imusify.io/signin
imusify UI/UX Mockup: http://demo.imusify.com/
imusify GitHub: https://github.com/imusify
imusify Reddit: https://www.reddit.com/r/imusify
imusify Facebook: https://www.facebook.com/imusify
imusify LinkedIn: https://www.linkedin.com/company/imusify
imusify Discord: https://discord.gg/rrYxjBh
imusify Community Telegram: https://t.me/imusifycommunity
