Quote from: Cohle on September 18, 2014, 04:45:51 AM

Quote from: BitsendInc on September 16, 2014, 05:01:30 PM

Hello crypto enthusiasts,

First of all we would like to thank everybody for putting their faith in our company and project Checkcoin.

With only 2 days left we believe it's time to share our plans with all early Checkcoin investors and be as transparent as possible. With the current % of Checkcoins sold on C-CEX we have not yet required enough funds to finish development, testing and PR as fast as we had originally planned. Right now a total amount of ~20 BTC is gathered by our ICO. We are still 2 days removed from our ICO closing but with the current volume on C-CEX we do not believe we will reach our original goal in the current time frame. Because of this, we had to review our original plans. We feel that it is only fair to discuss these plans with all early investors.

As we have stated before: If our ICO does not sell out, we will continue working on Checkcoin using company funding. However, with the growing volume on C-CEX we feel that it might be a better idea to extend our ICO with 1 month. This should allow us to follow our original plan and raise enough funds to develop, test and release our geolocation mobile applications on time.

[...]

BTC has flowed into the ICO. Will you now revert to your original development timeframe?

Yes. If ICO is sold, it will definetly allow our company to spend more working hours on checkcoin. This will always result in us moving trough our current roadmap alot faster.