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After many months taking time to properly setup our legal structure, we started to gather interest from funds and investors, getting very positive feedback at the beginning.
Unfortunately for our ICO, by the time we were ready the market conditions were not on our favor and the interest from potential investors vanished. We noticed this trend manifesting not only for our project but for the whole crypto-crowdfunding space.
For this reason, after evaluating several options and due to the fact that the crowdsale did not take place, we must communicate that we are halting our plans for the ICO.