Big News! We’ve Raised $50 Million in Our Private Presale. VideoCoin Airdrop Coming Soon!
Author: Kellam Ames, VideoCoin Ecosystem Development
Greetings VideoCoin Community!
The VideoCoin token presale has come to an end and we’re excited to report that we’ve reached our $50 million hard cap — all privately! We sincerely thank our community and institutional supporters for their trust and participation, which now allows us to focus our efforts on distributing the VideoCoin token and deploying the VideoCoin Network.
We are now moving forward and planning an airdrop to further extend our global community to developers and members who were unable to participate in the private sale. Details will be announced on Telegram. Join our Telegram Group to participate in the Airdrop!
In a rapidly changing ICO environment that included two crypto meltdowns and the March FinCEN guidance that effectively prohibited US participants, the success of this presale reflects increasing market support of high quality blockchain ventures with strong fundamental business cases, proven teams, and long term value. We are beyond pleased that VideoCoin checks all those boxes!
We are gratified to have been heavily vetted and earned widespread affirmation of our project from leading global crypto and blockchain funds like Mike Novogratz and Galaxy Digital, Distributed Network Advisors (DNA), Alphabit Fund, Binary Financial, Science Blockchain, Arcadia Crypto, Lvna Fund, iCapital, Juno, Ethereum co-founder Anthony Diiorio, Akamai co-founder Randall Kaplan of JUMP Investors, and Sovereign Funds (just to name a few), and members of our large and enthusiastic community around the world. Thank you all!
We also wish to recognize and thank our advisors who have brought their expertise, support, and encouragement from their backgrounds in media, crypto, and technology. We look forward to continued collaboration with them, future advisors, partners, and customers as we implement the VideoCoin Network and support the development of the next generation of video services.
We now turn to further spreading the word about VideoCoin to set the stage for widespread, mainstream adoption into our community and lay the basis for vast utilization of the VideoCoin token on the VideoCoin Network. Since we did not hold a public contribution round and our token presale was not able to meet the demand for participation, we are planning to conduct an Airdrop of VideoCoin tokens to select communities and individuals. This will enable us to welcome greater worldwide community participation in the VideoCoin Network. Stay tuned to our Telegram channel for details on participating!
Finally, coming soon are details around the token release schedule and process. We thank our contributors for their patience as we completed the presale, and we will now move swiftly on to token distribution. So get your wallets ready, join our Telegram channel, and standby for instructions.
Again, thank YOU to everyone who supported us these past months as we now bring this exciting and successful first chapter of VideoCoin to a close. Onward!
For more information or to join the discussion come visit VideoCoin on Telegram: https://t.me/videocoin
