Announcement:
We have decided to abort the AirdropCoin project.

http://www.thisdayinmusic.com/upload/plane-crash_4851.jpg

Reasons:
1) IPO did not generate as many funds as we thought it would. We needed at least 10 times as much investments to successfully execute the operation.
2) Issues brought up by the community regarding legality of airdrop execution. We still think we could have pulled it off with the right amount of funds generated and creative problem solving, but this is obviously more of an assumption than a fact at this point.
3) Overall negativity from the community. We had expected this project to get a higher level of positive feedback than it did. Most feedback turned out to be quite cynical.
4) Lack of buzz the project has generated up until now. We had expected more buzz.

The root cause of failure was lack of community believe in the project's scope.

We have decided that our professional lives are too busy to justify further time investment in a project that is more likely to fail than to succeed at this point.

Naturally (well, maybe not naturally in the world of Bitcoin), we will be fully refunding all people who have chosen to join the IPO. They will be receiving an email with instructions on how to get their BTC back this weekend.

Finally, I'd like to say the following to all the people who have called us a 'scam'; Next time, please think twice before you call something a scam. There is a lot of cheating in this scene, but there are some good people that actually want to make a difference.
We would have gotten a free trip to a cool place somewhere in the world, and would have done something really cool for the local community there and generate a shitload of buzz. Why wouldn't we?

We have no hard feelings though, trolls were expected, as was the chance of failure.

If you have anything to add this, it would be good to hear your thoughts on where you think we went wrong.

The AirdropCoin Team

TheFlyingDutchman

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