OFFICIAL ANNOUNCEMENT:
We are officially delaying our token sale and we will have an official new date for when the token will start coming soon! We currently expect that the token sale will start in late September or October. We will have the official date within the next two weeks after we have laid out the planning and established our new timeline.
The reason we are delaying is because there are a series of required steps that we need to achieve in order for the crowdsale to be fully successful. The most important factor in this is the legal structuring of our company and our crowdsale. We cannot do a crowdsale without first having these in order. To accomplish this, we have partnered with ICO consulting experts Sutton Stone and they will be working on setting up the token sale legally, establishing the company structure, assessing the company and token model, and marketing/promotion.
We have also started work on developing the Spectiv platform, and expect to release a demo version for testing within the next 14-21 days! We will work directly with the community for testing this demo and will implement your feedback when developing the Alpha version of the Spectiv platform.
Bounty Implications:
We understand that delaying the crowdsale will require our bounty participants to put in more work, especially the signature campaign members. In order to reward our bounty members for staying with Spectiv during this delay, we have decided to increase the token allocation for the Bounty Campaign by double from 2-4%! We are pulling 2% directly from the management team allocation and will be distributing it to the bounty members! We hope that this will allow our bounty members to stay with our campaign and not change their signature.
Thank you for providing a clear announcement. I am one-way with the team, I fully support this project, I do not feel the loss to use the signature.
Good luck, dev
