First thing first: we apologize to you, our community, for leaving you with very little communication during these past 4 months. Yet we thank you for your support during that time, and your faith in the DTube project.
Launching 1st Round of DTC sale finally gave us an understanding of how big the demand for the DTC would be. We quickly noticed that the current fundraising situation would never give us the financial means we needed to achieve our ambitious goals in the whitepaper.
Why?
Obviously after more than two years of work on this project, it was a hit to realize that we had to tune down our ambitions by a lot. We took advantage of this period to re-think our long term strategy on how to make Dtube scalable and sustainable with limited resources. After all, Dtube's end goal was never about making money and giving people jobs, but about building a libre alternative to YouTube that would resist censorship and stand the test of time.
Given new circumstances, DTC's mainnet is scheduled on the 10th of May 2020.
Round 1 will be our first and last funding round for DTCs original supply, for reasons mentioned above.
The DTube Coin initial supply will be 4 millions DTC instead of the original 100 millions. Effectively, DTC will be 25 times more scarce than what originally planned.
Initial supply ratios we announced in the whitepaper will remain the same:
If less than 1M DTC are sold in the token sale on 10th May, the remaining tokens will go to the 
No matter the financial situation, we still want to make Dtube a fully complete scalable product which can thrive in a decentralized way (i.e. without corporate funding).
Round 1 funding and our STEEM stake will be used principally to keep our infrastructure running for the years to come. All other expenses will be put on hold.
Development will continue at the same pace than before, with major patches coming in once every few months, introducing important features that already exist on popular video platforms.
The token sale for Dtube coin still continues. If you want to participate in 1st (and last!) round:
Visit https://token.d.tube to learn everything about the DTube Coin economy and Buy DTCs.
More details:
For support from the team and the community, please comment this post or go to our:
If you have lost your private keys, please read this article.
The DTube team
https://d.tube
P.S.: A poll is running on our twitter about the recent Steem/Tron news. Feel free to participate :)
