It has been a rollercoaster of a week, and despite the difficulties, we have never felt more confident in our community. We are overwhelmed with the support we have received and likewise, we have been focusing all of our efforts on making our community feel compensated and enthusiastic about the project.
In light of that, we understand the importance of transparency and would like to inform the community about the situation we are in now. Essentially, we have been able to reduce the VC’s circulating supply from 194 million to 110 million. Some VCs are still holding tokens, including those who have returned them and are featured in our VC hall of fame as well as others we are in current co-operation with. We are still in negotiation with those VCs and are waiting for tokens to be returned.
Please see our supply summary below:
- 184 million Private Sale Release
- 60 Million Was Sold
- 4 Million in Liquidity
- 80 Million LOCKED in a Smart Contract
- 40 Million Still with Private Investors ( funds returning in upcoming weeks )
However, on the positive side of things, the VCs who did not want to support the project are no longer in the picture, and as such the sell pressure will not be as high for future distributions to private investors. We are incredibly pleased with the support of our heroic VCs and community members during this trying time and are excited to see the project back on track and ready to take the metaverse storm! You are now a part of the next meta in crypto!
What we have coming up in the near future!
What is coming for CryptoMeda!
- We are preparing a compensation plan for the community which will be released soon
- Cooperation: Polygon network, Chainlink, Darwinia & more
- Staking for passive income
- Quests for Rewards
- Unique marketplace
- Influencer Cards Coming
- Game development — MedaWars
- Interoperable NFT & Gaming Ecosystem
- Augmented reality app
- Cross-chain Development
- Physical & Digital NFTs
- Epic Fantasy Story
- NFT gaming launchpad