PumaPay Crowdsale : Important Announcement
We appreciate you joining us on this exciting journey over the past few months as we worked hard gearing towards the ICO. Unfortunately, due to prevailing regulatory conditions, we have decided not to conduct an open Crowdsale. While it has been a very hard decision, we have to prioritize the interests of the PumaPay project and its development. As an open Crowdsale has the potential to distract us from creating the protocol and diverting the effort into legal considerations, we realize that we need to put the product first, even at the price of losing the potential contribution of our loyal community.
In order to allow as many qualified contributors as possible to participate, we are extending the Private Sale until May 7th, 2018, while lowering the minimum contribution amount to 50,000 USD. The Private Sale is open only to accredited /qualified investors who will be subject to the company’s KYC and AML policies.
The Private Sale of PMA tokens will end on May 7th, 2018 at 12:00 am (UTC). Thereafter, we will generate the PMA Tokens.
We truly appreciate the ongoing support of the community and understand that the cancellation of the Crowdsale may come as a disappointment to many of you. Please rest assured that we are committed to building the global PumaPay eco-system, where the PMA tokens will be easily available for purchase and exchange. This decision has been made in the best interests of the long-term sustainability of the project and we remain committed to informing you on all latest PumaPay developments.