May 12, 20182min1330

Eventums Public Token Sale was Canceled

Eventums public token sale was canceled Because of overwhelming interest in their private sale. That means no public ICO, the project will be backed by strategic private investors with long-term interest that will support Eventum’s growth and bring additional added value (partnerships, entry points to specific industries, advisory …) to the project.

Their words:

We believe that the blockchain space is slowly moving towards a more traditional startup-like approach where the product, growth and traction is what matters (and not thousands of dollars spent on over-priced crypto ad networks — money we would rather spend on development) and even though Eventum is part of the new decentralized paradigm with a different approach to classic companies, we believe this is the right way forward and that we are part of the new 2.0 blockchain revolution.

If you didn’t get the chance to participate in the private sale, there is now a chance to earn some EVT true events on the alpha network.
They will be running 2–3 events per week for the foreseeable future and they’ve increased the “Ecosystem Fund” to fuel these events from 10% to 20% of the total token supply (i.e. 100,000,000 EVT tokens) equal to 7416 ETH worth over $5M.

All you have to do is sign up on Eventum Alpha and join upcoming events. Usually, it will only take few seconds of your time, and you can earn considerable amounts of ETH and EVT multiple times per week.

After June 12th all tokens will be released from the smart contract to private buyers, Eventum Alpha, and bounty participants, in the following 48 hours.

This is yet another example that ICO space is evolving and maturing getting closer to a startup model of raising and disturbing funds.
There is no doubt that ICOs will become a new key method for companies to raise funding.

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