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ARena Space VR project News!

Hey there! This is Vasily and I want to make a short update on the current project status. By the moment pre-ICO stage has been finished.

Our team has done serious work:
During this time we opened 4 franchising ARena Space VR parks (see at our web-site https://arenaspace.ru/en/nashi-parki/ );
Weve raised investments above min cap which is 283 kUSD in crypto and fiat currency for building a big VR amusement park and preparing for ICO (we are finalizing the Contract at the moment);
Moreover, in December we plan to announce location of Big Park for our audience after signing a contract;
We are glad to announce, that our project is almost ready for the next stage and has all the necessary resources for that;
We keep working on the ARena Park Manager platform;
Weve also entered into a few strategic partnerships with one of the biggest shopping and entertainment chains in Russia - Mega (IKEA Centres) and one of the biggest cinema chain in CIS Region;
We are currently working on building a network of agents who will sell franchise of our parks all over the world.

Join our ARena Space Franchise Program! https://goo.gl/forms/JxlGsIPYRz240wBs2

First of all we aim to reinforce our ideas with our actions. Hence we direct all our resources to parks building and product development. Our goal is to to build the largest VR amusement parks chain in the world, that needs our team long-term efforts, VR community strengthening and significant forces. We move step by step and, as was declared, plan to open our 1st Big Park in Q1 2018 in Moscow. We receive requests for franchise opening in Iran, Siria, Czech Republic, Philippines, Spain and we are preparing to open 10 more parks in the next quarter.

For this weve launched ARena Space Franchise Program. We offer a reward of 7% to the community for selling our franchise in any city or country of the world. For the details please check: https://goo.gl/forms/JxlGsIPYRz240wBs2

Our franchise chain is growing faster than was expected, therefore coming ICO parameters can slightly vary. Despite expected hype we are discussing a decline of hard cap and shorten Token sale period because of new non-ICO large investors interested in the project. Due to several reasons namely limited team resources, franchise development to scale the business, dynamic and unpredictable ICO environment, huge efforts needed, and forthcoming holidays (Catholic Christmas, New Year and Chinese New Year), we decided to postpone ICO terms to the end of Q1 2018 in order to launch it successfully.

We would like to congratulate once again all those who join the project at pre-ICO stage as youve managed to get Tokens under the most beneficial conditions.

We are creating the big story and especially grateful to those of you who share it with us from the very beginning. ARena Space VR team is ready to answer all your questions in our Telegram chat, on Bitcointalk forum and by any available channel. Thank you for your support. We will keep you updated with the news on new amusement parks of the future!

MAIN LINKS

www.arenaspace.io

https://arenaspace.ru/en/franshiza/

www.facebook.com/ArenaSpaceWorld

www.twitter.com/ArenaSpaceWorld

www.instagram.com/arenaspaceworld

"We receive requests for franchise opening in Iran, Siria, Czech Republic, Philippines, Spain and we are preparing to open 10 more parks in the next quarter." That is what many of us are waiting for, to have a branch or franchise here in Philippines. I hope by 2018 it is already done.

See, Philippines has been listed their next target for VR Amusement Park. I hope it will be success. Thanks for the investor of the Philippines your not regret it. Grin

Hmmm a franchise is a little bit different from what the project states, but yeah, congrats Philippines.

I agree with you, it is different but atleast we can both agree that some of the business now a days are started with franchising. Maybe ARena Space open up franchising for the purpose to know whether their project will become feasible and profitable in that particular country or not.

So they were using $283k USD for building the big VR Amusement park and I think it is in MOSCOW and the other fund is for the ICO. I hope they can attract more investor in the future so that they can accomplished they goal someday.