Pre-sale completedDear investors! We are happy to announce that Baikalika.io (SAFT) has successfully reached its pre-sale soft cap as planned, however the volume raised was much lower than we anticipated for the target pre-ICO crowdsale (dead-line 30th of April). The good news is that our SAFT investors have expressed interest in increasIng their investment as equity capital shareholders. In this vein, our softcap has to be revised downward.
From March 27 to March 30, we held several meetings in Turkey with prospective investors who also confirmed their interest in equity investments. We are open and ready to discuss any proposals that will help us achieve our goals of scaling up production.
Having received valued feedback and carefully studied the wishes of all interested parties, we have decided not to continue the pre-sale, the timeframe of which was initially extended due to our expectations of achieving the goal of BKL token denomination from $ 40 to $ 0.08.
From this moment we need two-three months to restructure the project. Taking into account all of our experience, we will prepare a new concept, which you will definitely appreciate. The technical part of the project also has to be revised, in order to match market requirements to the product range.
In this regard, our team wants to say a big ‘Thank You’s to everyone who believed in our project and supported it. All collected funds will be returned to their owners.
We are always open for any questions, proposals and wishes. All investors will be whitelisted, and receive guidance towards the next ICO round.
Regards, Ilya Frolov
CEO
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