We are in the process of developing Ascendancy regardless of the situation with funds. The funds are escrowed until we release a product that our 3 trusted escrows are satisfied with and we leave this up to their interpretation (
https://ascendancy.io/escrow.pdf). We do not have access to funds until the product is complete.
This is an opportunity for investors to obtain some token equity which in turn the capital is used to market and fund our staff to market and develop. Ascendancy will be completed whether no more funds are invested at all but the price will increase after the IPO if we have the funds and backing to push to an exchange, to market to a wider varierty of people.
Ascendancy will be an ever evolving platform that people can be a part of, during this early development stage we are open to suggestions and you can be a part of that. We do not force anyone to invest. as I say, This is an opportunity.
The first ipo price week for Ascendancy ends on February 3rd 2017 at 20:00 GMT.
We still have a few slots available for our 15% bonus which ends on February 7th 2017.
Richard Aldridge
Ascendancy Core Developer