Solving a Big Challenge — Our ICO Continues Today!

Tobi Haag
wysker
Published in
3 min readNov 17, 2017

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What happened?

As some of you have already heard. In the last weeks, news of a severe flaw in the Parity multi-signature wallet have stirred up the crypto scene (more info here). Although many questions still remain unanswered, it is clear that hundreds of wallets are affected and funds in the hundreds of millions of dollars remain frozen, including those of several major ICOs. Sadly, wysker is also among those affected. While no money has been stolen, we are unable to access the proceeds of our ICO and there is no knowing when this will change. But we have a plan.

What’s the impact?

We had to spent the time since the announcement of the Parity bug to assess the situation and evaluate our options. Our primary focus at this time is to deliver on the promises we have made to you, our investors and supporters. This means, we will continue to work full-speed on the launch of the wysker App and on the second stage of our ICO. Unfortunately, the lock-down of our wallet implied that we had to suspend our token sale right after the incident. It also became clear that this unexpected interruption has an impact on our timeline and prioritisation. As we are focussing our strength on the re-launch of the ICO, other important tasks have taken a temporary back seat.

Our new plan of action

After much consideration, we have decided to continue our token sale as soon as possible. We’re going to continue with a new presale on November 17, 2018 at 14:00 UTC with a 30% Bonus at a minimum buy-in of 25 ETH. We’ll then continue our official ICO on January 31, 2018 at 14:00 UTC with the same bonus structure as we had before until February 28, 2018 at 14:00 UTC.

Most importantly, your existing investment is protected and the tokens you have already purchased will be right there from November 18, 2017 at 14:00 UTC onwards. Please use the following address to reclaim your tokens: 0xd8950fDeaa10304B7A7Fd03a2FC66BC39f3c711a

January 31, 2018 is also the new launch date for the wysker app on iOS and Android and we are anticipating that this will further increase wys token demand. We are also announcing today that we are using the extra time until the app launch to make wysker available worldwide right from the start!

One more thing

Clearly, we didn’t ask for this challenge, but we are bent on making the absolute most of it. We are extremely grateful to the more than 1,000 of you who have already invested in wysker and your continued trust and support means everything to us. As a sign of our appreciation, we will therefore increrase your wys Token balance with a multiple of 1.25 when you reclaim your tokens. The marked up tokens will be deducted from our personal token share. If you have any questions, please contact us through our Telegram. We’re here for you anytime and get back to each and everyone as soon as possible.

Sincerely yours,

Tobi (Founder & CEO)

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