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August 03, 2018, 08:41:42 AM |
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CrowdPrecision has decided to freeze its ITS for now.
The crypto market has indefinately weakened. After the hype swapped out of the crypto scene itself last autumn the percentage of fake ICOs has grown, spam and scam have grown bigger and thus investors became more aware and less trustful.
We are aware that due to lacking security, the scene is suffering, since too many ICOs simply vanquished with the money collected.
As a consequence the crypto market hype came to an utter end and now it seems to need a way to restore trust.
Our ambition was and still is to create a software that makes crowdsourcing more secure, transparent, easier to manage and more trustworthy, resulting in higher loans for workers and lower wages for employers. The costs were aimed to be gathered through the ITS.
Due to the bad market situation CrowdPrecision will not have the ITS run at this time. We'll rather develope a running system able to provide our ambition on private investments.
If we ever, at a later time, run an ITS, anyone who earned a bounty through our campaign will still be on our list of beneficials.
We thank all supporters for their efforts and hope for a better future for the crypto market.
Thomas Tran-Gia and the CrowdPrecision Team
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