Token Distribution Announcement
Greetings to all supporters and backers of our project, this announcement is intended to inform everyone of our plan to release our ERC20 token onto the block-chain.
We are doing so in order to establish more trust in our project in spite of the current market atmosphere — we will begin distributing tokens today, as of the writing of this post on March 18th, 2018.
We do not have a release schedule — but we do have a priority list.
The supporters and partners of Sphere Social will be credited as follows:
Presale Contributors: 1st
ICO Contributors: 2nd
Bounty: 3rd
Referrals:4th
Sign Up Bonus: 5th
We do not have a time line for how long it will take for each kind of supporter, but we will begin crediting each class of supporter after we finish the previous one. We will do it all manually, and as we have noted before in the past — will require at least 3–4 weeks to get through everyone.
We will not credit everyone at once — but will credit them one at a time in different classes. We believe this is the most efficient way to get the token into people’s wallets.
We know this news may come as a surprise to many of you, but it is part of a larger strategy in order to ensure the future of not just our token, but our project as well. We are still working hard to get listed in the bigger exchanges — but to do so requires consistent market volume.
We also want to finally reward our most faithful supporters for backing us, especially if they’ve been waiting the longest. Hence the chronological pacing of our limited release schedule.
After we release the token, the user will be allowed to do what they please until we finally get on an exchange for official trading to begin.