Particl successfully closes out its seed funding round highlighted by 1658 participants, 5.1 million SDC exchanged and 590 BTC raised!
Saturday April 15th, 2017 marked the end of 4 amazing weeks that began in a flurry of activity and never really let up; straight through the Holiday weekend. 1658 PARTicipants showed up in force to emphatically give the Particl team a green light for our open source, decentralized privacy platform built for global person to person eCommerce.
Milestones 1, 2 & 3 are all 100% Funded!
Roughly 5,150,000 SDC tokens were converted over the last 28 days, accounting for nearly 78% of all SDC tokens on the network! We collected 590 BTC to help us smash all three of our funding Milestones which will insure continuous development, research, hiring, code review and more.
The entire Particl team would like to extend their sincerest thanks to all who participated. Thank you for all your donations and show of support in our community channels. Without you, our dreams of creating a global, private person to person privacy platform and marketplace would not have come true. The future looks so bright for enabling buyers and sellers around the world to transact in private, without limitations and to whomever they choose. We are so excited to push forward and lead empowered by the support our token holders and community behind us.
What is going to happen next?
The final numbers are still being finalized as the team works with some participants to fix mis-allocated transfers and returning SDC and BTC that was sent after the close of the funding round. We politely ask for a few days to sort these out with all the parties involved and report back with a follow-up article to Token Holders and next steps: Part 1.
In the coming days, we’ll speak to the next steps our PART token holders need to take to prepare for the Particl mainnet release and introduce our newest team member as well as, profile a couple community members who followed the team over to Particl and some of the initiatives they are creating within the Particl community and all cryptocurrency communities who can use Particl.
Again, we would like to thank the community, investors and teammates for the great support, tireless effort and courage to speak your mind that has made this initial funding round for Particl a smashing success!
We are in a grass roots phase of growing the ecosystem with many community led initiatives just beginning to blossom. Jump in where your passions lead you and help grow Particl into the platform you want it to be.