After a very long time, I finally received my token here is their update
I got this in my Raido dashboard
ICO Raido Finance is completed. Soft Cap was successfully assembled.
Friends, we are grateful for your participation in the Pre-Sale RF tokens of the Raido Finance cryptocurrency ecosystem. In our project, we implemented a team vision regarding the further development of the cryptocurrency industry. Unfortunately, due to the current crypto industry profile, we were not able to collect the amount announced for the Round among private investors. However, a number of large investors and funds showed interest in our project. An agreement was reached on the sale of the main unrealized part of RF tokens allocated for the Pre-Sale Round. Thus, we achieved the stated Soft cap (7.5 mln RF tokens sold).
Main Sale is canceled and more than 87% of the RF tokens from the emission will be burned.
The following decisions were made together with the main investors:
At the Pre-Sale stage, sufficient funds were raised for the initial development of the ecosystem and the Main Round would not be held.
All non-distributed RF tokens will be burned on February 15, 2019 in proportion to the following scheme:
Crowd Sale members - out of 60,262,500 RF - 52,762,500 RF will be burned (- 87.55%)
Campaign - out of 8,662,500 RF - 7,584,018 RF will be burned (-87.55%)
Developers - out of 8,662,500 RF - 7,584,018 RF (-87.55%) will be burned
Advisors - out of 4,725,000 RF - 4,136,737 RF (-87.55%) will be burned. Unallocated tokens will be reserved for Advisors and partners in future activities.
Airdrop - out of 1,575,000 RF will be burned, all non-distributed tokens (according to preliminary estimates, more than 95% will be burned). Due to a decrease emission in total, the Airdrop-reward for the round will be reduced by 87.55% in proportion.
Bounty-of 2 362 500 RF will be burned 2 068 368 RF (-87.55%). Due to a decrease emission in total, the Bounty reward for the c 200 000 000 RF round will be reduced to 24 900 RF (-87.55%). The remaining tokens will be directed to the subsequent Bounty programs of the Raido Finance ecosystem.
Thus, from the total emission of 86,250,000 RF tokens, it is planned to burn more than 75,615,642 RF (over 87.55%)
White Paper as a project document does not meet the requirements of rapidly changing cryptoindustrial conditions. In order to implement a more flexible approach to the development of the company, White Paper will be replaced by Token bulletin (information about the possibilities of using a token on the platform) and Road Map.
Return of investment
Users who purchased RF tokens can get their investment back in full before February 14, 2019 (inclusive). To do this, you need to write to the mail
support@raidofinance.com with the subject "Return on investment". If the return of ETH is not requested, then on February 15, RF tokens will be available for withdrawal in the Investor's Personal Account.
Receiving Bounty and Airdrop Payments
RF tokens accrued as part of the Bounty and Airdrop programs will be available for withdrawal only to the user account on the Raido Finance exchange. Additional instructions will be available in the Dashboard.
Launching the crypto ecosystem of Raido Finance
The development of the basic elements of the Raido Financial (Exchange, Wallet) cryptocurrency ecosystem continues and in February 2019 we will present a platform for user testing followed by launching into combat mode.
In the nearest future, the Token Bulletin and the new Roadmap for the development of the project will be published. The token bulletin will describe the possibilities of using RF token in the ecosystem of Raido Financial. The roadmap will present an updated company concept and planned product launch periods. We are actively preparing for the full launch of a truly reliable, convenient and functional platform.
