To our awesome community:
Since the Blockchain Connect Conference in late January, we have been flooded with people excited to participate in our vision. A week later, before we were even ready to start our private sale, we had received over 500 allocation requests. Since then, the number of requests has exploded. Our Telegram group, which began in the low thousands, boomed to over 45,000 — placing us as one of the largest organic blockchain project communities in the space. This support came from long term crypto enthusiasts as well as traditional application developers interested in the infrastructure we are building.
While this was all incredibly uplifting for our team and early believers, it forced us to increase our resources and dedicate significant effort to sifting through the various requests searching for the most strategic partners that provide the most long term value. Two things became readily apparent:
- Being oversubscribed numerous times over, means not everyone is going to be able to get the allocation they would like.
- Our time is best spent making OPEN a reality. Our Scaffold payment technology is already live, and applications can actually integrate and utilize OPEN’s technology today!
For these reasons, we have focused our efforts on ensuring the right token buyers are part of our token sale.
OPEN was never meant to be one of those projects that tries to squeeze out as much ether as they possibly can from the public product ahead of time before our token sale. Further, given the incredibly large number of requests for allocation, we are foregoing our crowdsale in order to focus on long-term partners that are locked in to providing real long term growth to our project and the developers we serve. We see this as the strongest step forward in creating something completely revolutionary.
This will save countless hours of work vetting KYC documents — time which will be better employed building out our project and signing up more partners ready to utilize our infrastructure. Additionally, given the evolving security concerns around public crowdsales, we see this as the best way to prevent any of our supporters from being scammed.
Those who participated in our first private sale will of course be receiving their tokens.
For all of our amazing long term followers, we want you to know that you won’t be left behind. To make sure every member of our community is included in our project, we will be organizing an airdrop targeted at both our early supporters and developers. Also future airdrops throughout the coming months will occur from our developer growth pool!OPEN is a platform dedicated to a clear and exciting vision.
We see ahead of us a future where millions of everyday users and investors are able to utilize their cryptocurrency assets in thousands of software applications of all types. But in order for that to happen, we need to empower the developer, and that is what OPEN is here to do.
So, instead of provoking yet another frustrating gas war, we are going to use the next week or so to finalize all of the pre-sale deals that are currently being negotiated. Please note that all of these deals come with lock in and vesting schedules.Once that is completed, we will take action on three fronts:
- We will begin the process of verifying and distributing the tokens to our amazing bounty supporters as well as the awesome participants in our community airdrop program. You’ve been with us from the very beginning and we can’t express how important you are to us now, and in the long term.
- We will begin the developer airdrop program for software developers who are planning on implementing the OPEN Platform into their applications. Interested community members can sign up here.
- We will launch an additional exclusive airdrop to all of the individuals on our whitelist.
In order to qualify for the white list airdrop you must be signed up before midnight Pacific time on Sunday, March 25th through our telegram and website.Thanks again to all of you who have contributed to making this enormous success possible.
The future really is OPEN!
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