I was following Yggdrash at ico times. I followed after Ico. But I've seen that I don't have a team as good as I think.
How's the road map? What was done? What to do? What has she contributed to the crypto sector? Please inform us about these issues.
Hi,
I am one of the Pre-Sale investor. This project was never an Ico since it has been sold out at Pre-Sale stage.
Well we had some delay at unlocking our token, also we had a smart contract bug which caused major delay at the unlock event. But those issues were later on fixed.
The main issue was after that we our YGGDRASH token was disabled our first major exchange which is a korean exchange Bitsonic. Since it was disabled our YEED there we had a huge dip so that's why it is at 0.05x at the moment. So at the moment we are very close to our all time dip so this is a dream entry point for any new investor. Obviously there is a risk in any investment and here too.
If the team is able to sort out this issue with Bitsonic then I expect an immediate 3x , which would mean we are already at 0.15x in terms of USD.
At the beginning the team managed to collect within a day 40 million dollar of ETh so in terms of funding the team is well funded and they did manage to attend on many conferences and we got many partnership with many companies including famous South Korean Universities. They have many collaboration with many projects. They are developing a complete ecosystem with their own DEX, and ICO platform and so on.
This is their announcement channel on Telegram.
https://t.me/yggdrashRegarding their roadmap, we got already a test net, which can be seen here
https://testnet.yggdrash.io/Also our mainnet will be live 2019 Q3.
Obviously this is a tough time for any team, including Yggdrash. I did invest more money after the Pre-sale and then again I have invested and recently I have invested again this time in total the 4th time to do some really heavy dollar cost average. So this is for me almost like an all in. Nearly all in. Obviously I am pretty bullish on the project. I do understand that some people says that all the Icos will die slowly and Security Token Offering will survive. Why? Because they are regulated? Well Yggdrash is pretty much regulated in Korea and they comply with the local regulation. American citizens were not allowed to invest during the ICO so SEC cannot play with us. That is a different question that I think in general that SEC plays god and they have overreached of their true jurisdiction by far. Time will tell who will survive and who won't.
It seems to be a pretty good idea to diversify your investment and don't do all in. Well I have invested into ETC too and few days after my purchase I was already 25% down. Now I am 39% down and that is Etherum Classic a very secure investment at least it supposed to be;) I HODL hard obviously. I would sell only for a profit. I am this kind of a guy:)
Regards
Daniel
