Announcement
VSTCoin is very important to us and we have every confidence we can eventually secure developer integration and witness VSTCoin being used to purchase VST Plugins. However we are concerned the ico wont reach the half way point and that could mean we would have to end the project.
Rather than take this risk we have decided to cancel the ico and open the coin up to mining. We are currently deciding if it will be CPU mining or one of the more standard algos. We like CPU for it opens the coin up to newcomers to become involved mining with their own computers, and improving overall distribution and community involvement. We also like standard pool mining for other reasons. At this time were still deciding and are open to suggestions.
VSTCoin is much more than a means to purchase and develop VST Plugins. We have built a fantastic payment platform which could potentially be used by any alt coin. Further work has to be done with it and the main goal is the invisible exchange from alt coin to fiat for online stores. We believe people should keep this particular area in mind when considering investment of this coin.
We will still use our online wallet VSTLink platform and eventually roll out the desktop and mobile wallets.
We will announce asap when mining can begin but for now the ico has been cancelled.Your lack of confidence in the ICO translates into a lack of confidence in the project, regardless of your disclaimer in the opening paragraph of the above posted.
I just 'dumped' my interest.
Dear Jocuserious!
At ;east you should have to be confident, They are not doing like that for their fun, but because of low interest in that coin and low investment of in that coin they rejected the ICO, and with that they are securing themselves and the investors.
Try to take interest in their coin, they will grow, Just like LIR where its members are taking interest with heart and the coin is growing more higher.