My opinion is that the Wemark team is doing the right thing!!! "To protect our economy from large token holders with the wrong intentions, we allocated roughly 85% of the hard cap for private sale contributors."
Only 15% left to be collected in the next ICO if they won't cancel now other people cannot able to buy because there are many people who cannot invest minimum 10eth and now on the next ICO on July 27th they will allow minimum investment.
Deposits will be
closing on July 27. Please refer to the official announcement for accurate details:
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We're cancelling our public sale - deposits will take its place
We've made many announcements in this community before, but none of them was significant as this one.
When we launched our alpha and started accepting early deposits, we weren't prepared for what would soon follow.
Four days into the second round of deposits, we raised enough funding to reach our main goals - turning our alpha into a much more extensive product, getting a significant amount of adoption to prove the use-case and setting up other essential parts of our upcoming decentralized economy.
After a couple of sleepless nights, we made the hard decision to cancel Wemark's public sale and finish the token sale right after the current (and last) stage of deposit ends.
We'll double check each deposit before we accept it (without the risks of an open public sale), and make sure all approved contributors who want to participate in the sale will be able to do so.
You can find all the details on the following announcement:
https://medium.com/wemark-stories/breaking-news-wemark-cancels-public-sale-deposits-take-its-place-693e555d6347And feel free to ask us any questions you have in mind!
We also wanted to say THANK YOU, from myself and the entire Wemark team, for our amazing community for all the support we get. It couldn't happen without you!
To make a deposit:
https://contribute.wemark.com