Nexicans. Just for clarity as we noticed quite a few questions about the crowdfunding.
19 May 2023, 08:25
Nexicans!
Just for clarity as we noticed quite a few questions about the crowdfunding.
Please listen latest AMA where we wrapped up the crowdfunding:
To sum up;
- We wrapped up the crowdfunding due to current market conditions past Monday, May 15th. The market was not allowing us to reach the goal we had in mind - we will consider to open part 2 later this year to have the missing part funded for long term sustainability.
- The donation address received a total of ~6B $NEXA. This is 40% lower than the goal we had set.
- The funds are not going to be used as of now, again, due to market conditions. As written in the funding plan we won't spent funds when the market conditions are asking for a more reserved approach. The current activities we are doing are paid out of pocket by the team. Our initial goal was to allocate 15% of the funding budget, whilst at time of writing the plan, it had a double dollar equivalent of todays worth.
- Activities we have written down in the plan for short-term / 1st year, will continue as planned.
All funds can be found here and as mentioned in the plan, we will do our utmost to provide clarity as to when and where it will be spent: