ICO Update
Recently we launched our last promotion, a deal to accelerate UpStake to the soft cap. We thank everyone who has previously supported UpStake and want to take this opportunity to share a bit more of the vision, the business and the plan for 2018 and beyond.
As we have announced rounds 2, 3 & 4 have been canceled. Once we reach soft cap (5,000,000) tokens we’ll activate buying and selling on the exchange. We fell fairly confident we’ll reach this around 15th of July. Once we calculate the tokens which will be distributed for the airdrop and bounty on the 7th July it doesn’t leave a whole lot left.
What to expect once we launch?
We see UpStake as a long term, viable crypto investment platform. It will take us years to build trust and attract a big enough community to shift the demand from the sell side to the buy side. We have a highly motivated team and we’re confident in achieving our long term goal.s
Our primary strategy going forward is to work with community influencers to invest and talk about their experiences with UpStake, but the most powerful marketing tool is word of mouth and we have been working hard to ensure we can deliver a great experience for customers. As momentum builds over the next 6-12 months we should see an explosion of new members joining as word spreads throughout the community.
One of the best things about UpStake is that no amount of FUD, negativity will change the the fact that the following hour the UpStake share price will increase. Whales, traders and dumpers won’t hurt your investment. In the short term there is risk that you won’t be able to sell out instantly unless you are at the top of the orders list for the trading hour but over time we’re confident the buy/sell order will be more balanced. Your biggest problem will be working out how many UPS tokens to part with.
We don’t have a huge amount in the pipe in terms of development, we are considering a native iOS and Android mobile version which we’ll announce in the coming months. Apart from that our road map is complete and we are now 100% focused on marketing and building a community.
Thank you to everyone who has joined UpStake and we look forward to building a long lasting relationship with you all.