Over the past few months we have been working feverishly to make sure that the Kinguin ICO and the features we are developing are a success. As word of our project has spread, we have been able to attract talent, advisors, and other resources to ensure that everything we have laid out in our plans will come to pass. Which is great news for everybody!
As we continue to develop the Kinguin.io platform, we have made the decision to change the timing and round structure for our ICO. The new structure is specifically implemented to protect our investors when legislation is passed in the EU later this year regarding ICOs.
We will continue to raise funds through private investment, but until the regulations are ready, this opportunity is exclusively available to accredited investors. By increasing investor involvement, we will better serve everyone involved in the Kinguin ICO – and do so safely and transparently.
This is all good news as it means we will have the resources available at the right times to implement the features and platform changes we have committed to, and give you – the Kinguin community a clear view of what is going on at any given time.
Summary of Changes to Structure:
- We are changing our Pre-ICO date to March 15th (previously February 15th)
- We are significantly increasing the minimum investment opportunity for accredited investors to ensure quality of investment
- To protect our investors we are postponing any public offering, until regulations have caught up with the technological development
We have been fortunate over the past few months to receive a great amount of feedback from our trusted advisors, key investors – and most importantly, you the Kinguin Community. Your feedback has been critical in helping us determine which features to develop and how best they should function.
We will rely on your continued support throughout the duration of our ICO expansion efforts in telling us what is working, what is not working, and what truly sucks. This level of feedback is one of the key reasons for the change in investment rounds and our development schedule as we look to be as transparent as possible.
These changes also ensure an air of transparency between us here at Kinguin, and you – our beloved community. Each date on our release schedule will be accompanied by a detailed series of deliverables. Whether they be new features, updates to existing features, content, platform updates, or expansion of services and support – you will be able to track our progress every step of the journey and hold us accountable.
Last but not least, we have been working on having public audits of our token contracts to make sure they are as solid as possible. We are committed to ensuring the safety and security of all our community members, with absolutely no exceptions. We will continue performing our due diligence every step of the way as this is a key component of a trusted community and marketplace. But more importantly, it will keep you, our community, safe and secure at all times.
That having been said, we encourage you as always to let us know your questions and feedback. You can do so here by leaving a comment or if you have a more pressing matter to discuss, via email: [email protected] where we will get back to you within 48 hours.