Plaza extends token sale to take advantage of new opportunities arising
As Plaza, the Total bCommerce™ and MerchantChain™ developer, nears the scheduled end of the PLAZA token generation event (TGE), we are happy to announce that we have already raised over 37% of the 100,000 Ethereum (ETH) hard cap. In today’s ICO market, this is no small feat!
If you have ever been surfing, you know it is all about catching the right wave. Sometimes waves come and go, but they just never reach the level that you are looking for. However, if you are in the right spot and wait long enough, that wave is coming! No matter how many other surfers are in the water and regardless of the waves that they are willing to settle for, you just have to wait for it to come rolling in, eventually catching that monster you have been waiting for.
Over the last week, the Plaza team and advisors have wrestled with the tough decisions before us. We know that we have had a good run so far, but as we approach the end of our TGE, there are some potentially large deals on the horizon, as well as what seems to be a cryptocurrency market beginning to bubble up again. While our goal has always been to run the token sale to the finish line and let the chips fall where they may, we feel that we would be doing a disservice to all of the stakeholders involved to stop short of the full potential of what may be in the next wave.
For that reason, we are announcing the extension of our token sale for another six weeks, or until December 27, 2018.
We know that this will disappoint some who are anxious to start trading their PLAZA on the open market, we feel that the increase in sales, continued business growth, and potential for upwards pressure on the market in general will benefit every PLAZA token holder. While we are prohibited from getting into details during the sale, please rest assured that we have been hard at work, securing relationships with various exchanges and when the time comes, PLAZA will have plenty of liquidity on the global cryptocurrency market.
Along with the extension of our token sale, we will also be extending our bounty program in partnership with www.bounty0x.io so that everyone continues to have the opportunity to earn some PLAZA, as well as those who have authored articles and created videos have a chance to build up the viewership that they need to maximize the success of the items that they have created.
On that note, if you have an article, meme, video, etc, that you have created, please feel free to share it in our Telegram group at https://t.me/plazatalk so others can see what you have created. Please respect the group and do not post it too much. As long as it is Plaza related, we are happy to have you post your items, even if they are non-English. If you have any questions, just PM the admin first. Remember, however, any kind of spam is not allowed and will result in an immediate ban from the group.
On the business side, we are continuing to negotiate deals and sign MOUs with other blockchain-based companies. While we have published articles about many of these agreements, we have even more that we have negotiated but have not announced publicly. While the token sale will remain open, our primary focus at Plaza will be on building business relationships that we can rely to grow the concept as we move forward. At the same time, we continue to test and improve the MerchantChain and our technology.
Plaza occupies the intersection of lifestyle and technology.
We are developing the Total bCommerce™ solution, which includes the fast and future-proof MerchantChain™ , the MerchantChain Transaction Coin Standard™, and the Freedom Lifestyle™.
MerchantChain is a blockchain-infused commerce (bCommerce) infrastructure upon which others can build decentralised applications
The MerchantChain Transaction Coin Standard provides valuation stability and certainty for everyday transactions.
Freedom Lifestyle is a suite of product search & payment tools that offer:
- The ability to quickly and conveniently browse the best shopping deals across the whole internet, anytime, and from anywhere;
- The privacy, savings, and security of cryptocurrency payments; and
- The sensible flexibility to enjoy the products of any vendor using non-cash payment methods everyone is familiar with.
Follow the links below to find out more:
White Paper: plaza.systems/whitepaper
Yellow Paper: plaza.systems/yellowpaper
More news & opinion from Plaza: medium.com/plaza-systems