📣📢 Project Update:
Hello, AssetFi family. It’s been a minute. Lots of silence and inevitable guessing. However, as always, we have been hard at work, trying to ensure we have the best possible execution.
Let’s start from token distribution.
—Token Distribution Update:
There has a significant 15-day delay in the distribution of AFI tokens for the month of May. Today being the 30th of May, all pending tokens will be distributed. We apologize for the delay and the glitches.
— Update on AssetFi Final Launch
We’re morphing AssetFi into an entirely new product. We’re pivoting from asset tokenization to focusing on fractionating NFTs, GameFi guild and ecosystem, and a DAO for funding early stage companies, in line with our original model and vision for AssetFi.
Our current model for asset tokenization has hit a snag. It’d be disingenuous for us to push our product to market knowing the reality on ground. It’s DOA.
This pivot was necessitated by the the current economic crisis in the global financial markets and crypto, which has caused a lot of disruption. Especially in the regulation space.
We have been hit the hardest by this, especially because our Go-to-Market strategy and business model has largely depended on off-chain markets for physical asset tokenization, for which Asset Originators and Verification Oracles (for realtime data and off-chain provenance) are the primary components. Especially in the Real Estate Sector.
Many of them have pulled out due to regulatory concerns and it’s increasingly difficult to acquire new off-chain partners now. Especially as we do not intend to submit to regulation. Doing that would negate the point of building a decentralized system.
We cannot pretend to have the footwork nor financial scale to keep chugging at this point. The most viable option is the pivot. Which we have commenced.
This means, rebooting with an entirely new product from ground up, modifying our whitepaper, rewriting our dApps etc, and finally, forking our token.
To achieve all of this, we need deep pockets to fund the technical requirements, marketing, staff, etc. Yes, at this point in the road, we’ll be raising funds from VCs. We’ll endeavor to be as transparent about our deals/raises from VCs as possible.
—The Future of the Current Token
Distribution and Trading of the current AFI token will continue as usual until our project reboot is completed and new token is launched.
At launch, holders of the original AFI token will have the opportunity to swap their AFI tokens for the new tokens on a 1:1 ratio basis.
You don’t have to do anything. Just hold your AFI tokens until the new token launch, then you may swap directly on-chain.
We think this is the best approach in order to make sure that early investors in AssetFi will not be left behind, and truly rewarded for their faith and support.
— Further Notes
• Currently, we have paused listing efforts. Even though listing fee and other requirements have been met. We believe it is more efficient to keep it on hold until the new token launch to save costs.
• Please, understand that it is not unusual that as we go back to the drawing board, the team will be more and more focused on building and less available online. This is in all good faith.
• If you have contributions, thoughts or suggestions on how we can improve, or even ideas for features on our new product, do not hesitate to reach out to us on Telegram or email (team@assetfi.io)
📢 Hi, AssetFi Family.
There’s been a lot of silence, but there’s also been a lot of underground progress.
First, AssetFi v1.0 is ready for release. We shall pick a suitable date within the month for our launch.
It is important to mention upfront that our product has undergone some significant pivot based on feedback we have processed and market demands.
Due to regulatory concerns, we are putting a pause on physical assets and will be solely focused on digital assets, NFTs, and startup companies.
—Second, all pending distribution backlogs from the first vesting schedule have been cleared.
—On Community Rewards: We ran into certain bugs with the claim portal for rewards and promptly has been fixed. However, the team member, @sandxxxr, responsible for community rewards and distribution has been ill and unavailable for sometime. Hopefully, she’ll be back in no time. We wish her safe recovery. But in the meantime, we’re slating a new date, 25th April, 2022, for rewards distribution.
—Moving on to the super exciting stuff: we are happy to announce that we’re finalizing our partnership with some amazing projects in the Web3 space. Some of whom includes: Genies and Spice and several others to be announced soon. More details will be made available as the party progresses.
We have a pretty long road ahead of us and we’re not daunted nor in a hurry either.
— Our CMC/CG applications appear to be taking much longer than anticipated. Rest assured we’re doing everything in our ability to fast-track the successful completion.
—Lastly, per distribution schedule: in 1 hour, 22:00 UTC tonight, the second batch of 10% distributions will take place. We encourage everyone to remain patient and calm.
If tokens have not been received, kindly send an email to team@assetfi.io with your wallet address and platform of purchase.
—For those applying for community roles, kindly forward your applications and a quick pitch about yourself to team@assetfi.io. All entries will be assessed.
Thank you for being a part of our journey so far. We appreciate every single one of you who has stuck with us till the end. It will be well and truly worth it for everyone, we promise.
For now, we do the hard part —work.
All the love,
Captain,
For Team AssetFi
❤️
📢 Update IV:
Been a minute.
The last few days since listing has been a hurricane of activities.
We have gone back to the drawing board, tightened plans and kickstarted small steps that will be visible in the coming days.
First, our V1 will be released soon for our early adopters to have a feel of ahead of mainnet release in April. 🚀🚀🚀
Second, we have concluded marketing partnerships that will commence in fullswing ahead of CEX listing and mainnet release.
Third, we have fixed a date for CEX. It's up to our exchange partner to approve it and give the greenlight, then it's moontime, baby! 🥳
Furthermore, we're excited to announce that we are currently screening partnership applications from amazing NFT creators. There's plenty packed for mainnet launch. 😉
Winners of airdrops and community rewards will receive their rewards tomorrow. All rewards will be airdropped to the provided addresses following our vesting schedule.
Members who are yet to receive 30% of their tokens purchased during the IDO are encouraged to send an email to team@assetfi.io
As always, we are thrilled to have you on this ride with us.
Bigger announcements on the way shortly. 😎
All the love,
Team AssetFi 🚀
📢 Post-Listing Update II:
The last 24 hours has been an avalanche: emotional carnage, sour oranges, flying daggers. This has been quite the experience for us too. Growth has never come easy. Today and the coming days will teach us more than anything else we have known.
We do not always get it right. But this is no excuse for the issues we could have handled better and the things we could have said better. Perhaps, we let the sheer weight of it all bring out the worst in us.
We deeply apologize for words that were said in crass hubris, expressions that might have come off as thoughtless, and undignified actions that should be beneath us.
Make no mistake, every one of our investors matter to us. Do not think for a second that we are not grateful to have enjoyed your trust and support this far in an ecosystem where these are very scare commodities.
AssetFi is our brainchild. Watching certain elements try to ruin things even further put us in a precarious situation that could have been more professionally handled. We apologize and assure you of our commitment to do better.
In the next few hours, we shall release a detailed breakdown of our ‘Moon Mission’. Hang in tight. We are just getting started. This ship has not docked.
Given the current conditions, we understand this is a bold ask. But we ask that you let us do what we know best —deliver the best. We will not relent until we have made good on our vow to make this worth your while.
Thank you for your faith and confidence in us,
All the love,
Captain,
For Team AssetFi.
Warning‼️‼️‼️
Disregard any DMs from anyone‼️
Block and delete them! ‼️
Admins will NEVER DM you. ‼️
Only the information shared here should be believed. Don’t believe anyone sending a DM with “extra” info ‼️
DONT GET SCAMMED‼️‼️‼️‼️
🚀 Listing Announcement! 📢
We’re happy to announce we’ll be listing on PancakeSwap today! 🥳
TOKEN DETAILS:
Token Network: BSC
Contract address: 0x7d55d94da49e030964330ef6af62aa5e4aa1c458
Decimals: 18
LISTING DETAILS:
Platform: Pancakeswap
Date: 15/03/2022
Time: 22:00 UTC
Token will be claimed/airdropped same time.
All tokens purchased from GainPool, Seedling and Xion Finance will be airdropped by us.
Tokens purchased from Qube, Samurai, Starter, MaticLaunch, KSM Starter will be distributed by their various platforms. If you purchased from any of these platforms, kindly follow up with them for distribution/claim info.
VESTING SCHEDULE
Token distribution will follow a vesting schedule of: 30%, 10%, 10%, 10%, 10%, 10%, 10%, 10%.
Airdrops and other rewards will be distributed on 25/03/2022 according to the vesting schedule of 30%, 10%, 10%, 10%, 10%, 10%, 10%, 10%.
Hey, AssetFi family.
Before we release the official announcement indicating listing address and listing time and other details, we thought it necessary to write a heartfelt message.
First, thank you for supporting us on this journey. It’s been a super long and difficult one. But your support has made it worthwhile. We have learnt a lot of lessons in the crypto space, some good, some bad. ❤️
i. For example, we have learnt that the community largely doesn’t care if you’re building for them. If you don’t have a VC, they shirk away. Doesn’t matter how awesome your project is. Ironically, we built AssetFi to be community-centered. And VCs are the exact opposite of that. Because they buy a lot of tokens earlier than small investors, at a cheaper price, and dump on everyone at listing. Basically, VCs always leave the community members holding their bags.
Imagine our disappointment everytime people chose not to participate in AssetFi because we have no VC backing. People we turned down VCs for. Go figure. 😂
The same applies to a lot of launchpads. No VC, no deal. But ironically, they say they’re here to help promising projects raise funds. Whereas a lot of them flatly turned us down on account of not having external funding from VCs.
ii. Another lesson: contrary to what is frequently touted, the crypto space isn’t entirely willing and ready to reward merit without a face. Nakamoto and other faceless success stories in crypto innovation are merely exceptions. Not the rule. Everyone wanted to know why we’re anonymous, instead of simply weighing the project strictly on its merit.
Many launchpads would not list us too because of anonymity. As if most of the projects that go on to rug and end badly don’t have doxxed founders. 😂
The success of a project (in this crypto space) has surprisingly very little to do with the faces of the founders. What’s in a face? Skin color? Hair type? Location? We’ll let you figure that one.
iii. Furthermore, as you must have mostly figured, most investors here and in most projects are simply there for profits. AssetFi is no exception. Regardless of the shillings and support, a lot of the members are going to dump the first chance they get. We are prepared for that. Which is why we will make sure that everyone who leaves now will regret selling. We’re saving the best for last, like we always do. Beyond CEX listing, there are plans to project AssetFi to mainstream adoption very shortly. Can’t say more, but those who leave now are welcome to.
Finally, to be completely honest, this isn’t the best of time to list. After consultation with a lot of our partners, we know this is not a good time to list. But our word is our bond. The community wants it, they’ll get it. Rather than delay again, we’ll simply trust the market to decide. May the odds favor us. ❤️
We will have a lot of other great products released in the future alongside AssetFi. Keep watching this space. We’re not sure we’d adopt this path for our future projects, though. Expect a lot of VCs, and maybe a dozen team members and advisors who provide no real value to the project. That’s what crypto communities love, it seems. 😄
Thank you so much, AssetFi community. Thank you for your support today and everyday. Means so much to all of us.
All the love,
Team AssetFi.
Announcements to follow shortly.
AssetFi x DungeonEscape is live now! 🚀🚀🥁🥁🥁
Читать полностью…
⚡️ P2E Game reveal on AssetFi today. 🔥
Can you guess the game? 😋
🚨Ready boys? 💥⚡️⚡️
It’s almost go time. Ready your bags. Strap in tight. It’s almost liftoff time. 🚀
🚨 We’re happy to announce that our IDO on MaticLaunch is set for 08:30 UTC tomorrow, 10th March.
Get ready! ⚡️
📣 Announcement! 🚨
Hello, AssetFi family:
Thank you for your patience and faith in us. We do not take this for granted.
We are pleased to announce the expansion of our ecosystem to include more partners and to boost our token holders base.
To this end, our partnerships and listing schedule outlined for March is as follows:
MaticLaunch Raise: 10th March
Synapse Partnership: TBA
Starter Partnership: TBA
Erax Partnership: TBA
TGE: 15th March
Pancakeswap Listing: 15th March
CEX Listing: 20th March
Reward distributions: 25th March
It’s going to be a packed month. Stay strapped. It’s go time. 🚀🚀🚀
🚀 AssetFi Update
Dear community, thank you for your faith and support with us so far.
We have been watching, observing and gathering your feedback. So here’s the summary of the updates:
i. CEX listing will follow 24 hours after DEX listing! 🥳🎉
However, as you’d have guessed, there’s a catch. With the recent results of many projects that launched in this market and the investment sentiment from the latest global events and conflicts, we have chosen the path of caution.
Without a sufficient amount of buy pressure, our launch will be affected. Of course, no one can perfectly decide when the market is right. Which is why we’re doing our best to find a decent enough window to launch. We can only take our chance with an uncertain market as a last resort.
Thankfully, over the last few days, the market has started to experience a recovery.
Understandably, everyone would love to ride the current momentum of the market, But we can’t be so sure yet. So over the next few days we will observe and discuss with our listing partners and bring you positive news in the next few days!
Understand that we have spent so much time, resources and efforts crafting every little bit of this project that we cannot let it fail. Our primary concern is to protect the investment of our community and to guarantee maximum profit.
ii. In order to boost publicity and increase awareness about our project, we are happy to announce that we’re going into a partnership with CLS (Coin Liquidity Solution) to provide guerrilla marketing and market making services to AssetFi in order to boost our launch. 🥳🎉🎉🎉
Finally, the AssetFi team is currently working hard. We ask for your continued patience and support. We promise to make it worth the wait.
All the love,
AssetFi Team. ❤️
📢🇺🇦🇺🇦 Hey guys,
It’s a sad day. A lot has changed overnight and our hearts go out to Ukraine.
Words ultimately won’t do much. So, our words are few, but sincere. We hope all our members and everyone in Ukraine right now would find safety and refuge in the knowledge that the sun will rise and the flowers will bloom and this will pass.
#AssetFi stands with #Ukraine. ✊🏽🇺🇦
📣 Poll Follow-up Announcement 🚨
The last 24 hours have been super busy for the team.
Per the community’s decision to delay listing:
As previously affirmed, we will honor whatever the community decides. In this case, we are happy (relieved somewhat) that the community inclined positively to our appeal as indicated in the votes.
We understand this is a tough call for everyone. Not especially the most convenient outcome for everyone. However, we promise this is for the best. At the end of the day, everyone who stuck around will be glad they did.
To this end, we have rescheduled thus:
TGE: 2/3/2022 🥳
DEX: 3/3/2022 🚀
CEX: Shortly after DEX. (Hint: on a Top 10 CMC-ranked exchange) 🤫🌙
Not to mention the slew of partnership announcements we have lined up. Don’t snooze! More updates soon.
Talk later.
All the love,
Team AssetFi
📣📢 Distribution Update:
—The final batch of 10% token distribution for April has been completed.
—Participants from GainPool should follow up with GainPool for their distribution.
—As promised, the first batch of Community Distribution (30% according to vesting schedule) has just been completed. Thank you for your kind patience and understanding.
More updates to follow soon.
📢 AIRDROP/REWARDS DISTRIBUTION IS CURRENTLY UNDERWAY. ‼️
Читать полностью…
📢 Post-Listing Update III: MoonPlan, Financial Audit and Proposal. 🚀
1. Listing at 0.02 was reserved for CEX. For reasons we highlighted in our first Post-Listing update. However, we understand how this miscommunication or the lack of it must have rubbed off wrongly on our perception.
To this end, we propose to compensate the deficit with a 25% extra tokens that will be airdropped/claimed following our vesting schedule at a later date to be announced before CEX listing.
However, we need you to decide if you wish for this. Hence, a poll will be released shortly.
2. We have made significant progress with our application to CMC and CoinGecko. Listing should be completed soon.
3. CEX listing will be announced as soon as market conditions are stable and we confirm a new date with our exchange partners.
4. We have secured a strategic partnership with a key partner in our bid to expand our ecosystem ahead of mainnet release. More details will be announced in the coming days.
5. Liquidity will be added to PCS gradually as our buyback and token burn kicks off. However, in the spirit of transparency and clarity, it is important to note that not all of our raise targets on various platforms were reached. In the days leading up to the IDO, we decided to refund the bulk of the raise from certain launchpads that were of no support to the project. Some attached conditional stipulations to the release of our raised funds, like: “funds will only be released to your project if you do a 10x etc.” In blatant contravention of previous agreements. We will not mention names.
Of course, we could simply have gone ahead to use bots and wash trading to manipulate the market. But to what end?
AssetFi is a 100% community-backed project. If we are denied access to our raised funds, how would the project reach its expectations? Hence, we had to drop certain partners, which reduced the total amount raised to $397,576.57.
From which we have been funding marketing, development, exchange listing, liquidity, and soon, our buyback program.
Our initial marketcap at listing was $139,151. Unsold tokens will be burned and liquidity will be locked on Team.Finance.
We understand that not a lot of projects provide this level of openness, but we hope this gives everyone a clear insight into the process of what a project like ours has undergone and our plan for impact and growth.
We hope you stick to us as we follow through on our plan to not just build the future of open finance, but to grow and become better people and ambassadors of the new world.
Thank you for your patience, trust and understanding. Will always mean the world to us.
All the love, ❤️
Captain:
For Team AssetFi
📢 Post-Listing Update:
Hey guys.
A few updates:
1. We are happy to see paper hands go. Why would anyone sell at IDO price and below? Baffling.
2. The listing price of 0.02 is reserved for CEX listing. But first, it was a pleasure watching the weak hands let go at 0.015 —the exact price they purchased.
Listing at 0.02 on DEX without a strong buy pressure to support, would simply motivate everyone to dump and grab 25% profits.
Hence, it was more strategic to reserve that for CEX. Knowing there would be organic buy pressure to absorb the selloffs.
3. To stablize price and not enable a dump fest, we have only added a bit of liquidity. More liquidity will be gradually added as time goes on.
4. We have a buyback mechanism in place. We are slowly going to effect this and gently stabilize as the market improves.
5. This is the time to stack more tokens. You deserve to be rewarded for your faith. Don’t look at the current price.
Finally, all those who are yet to receive their tokens should send a DM. The problem seems to be from some launchpad partners that distributed too late, and others that sent incomplete lists of participants. All will be sorted in due course.
WARNING: Do not trade on any address that wasn’t posted here on the group. There are fake contracts everywhere. Be careful. ‼️
VESTING RELEASE SCHEDULE 📌
Token distribution will follow a strict vesting schedule of:
1. 15/03/2022 | 22:00 UTC (30% release)
2. 15/04/2022 | 22:00 UTC (10% release)
3. 15/05/2022 | 22:00 UTC (10% release)
4. 15/06/2022 | 22:00 UTC (10% release)
5. 15/07/2022 | 22:00 UTC (10% release)
6. 15/08/2022 | 22:00 UTC (10% release)
7. 15/09/2022 | 22:00 UTC (10% release)
8. 15/10/2022 | 22:00 UTC (10% release)
🚨🥁 ANNOUNCEMENT! 💥
As we prepare for our final IDO tomorrow, Monday 14th on Starter.xyz, and our PancakeSwap listing on Tuesday 15th, we have one last surprise for our awesome community of supporters and investors.
In partnership with the DungeonEscape P2E game, we’re giving away 20 exclusive NFTs to the first 20 IDO participants to max out their allocation on Starter.xyz tomorrow. 🥳🥳🥳
It’s the least we can do to reward everyone who has supported and stuck with us. Let’s go hard tomorrow as we close this chapter.
The next chapter in our journey will involve a lot of unveiling and announcements. Can’t wait. 🥳🚀🚀🚀
🥁Announcement! ⚡️🚀
We are happy to announce the launch of our first maiden project, DungeonEscape exclusively released and tokenized on AssetFi.
An incredibly immersive web-based P2E Escape Room set in the Metaverse. Feel the thrill and enjoy the mystery from an escape game. Find the codes to "escape" by solving puzzles & mysteries and enjoy an amazing gameplay while using blockchain mechanics to deliver rewards!
📣 SURPRISE!! 🚀🚀🚀
To commemorate our IDO partnership with @StarterXyz on March 14th,
We are pleased to announce our FIRST project to be TOKENIZED on AssetFi! An intense, live, ready to play, game that is playable on both mobile and desktop platforms!
Project will be unveiled by 2PM 11/03/2022 during our AMA on @StarterXyz
Told you we’re not here to play. Stay tuned and don’t miss the unveiling. 😎💥💥
🚨 We’re happy to announce that our IDO on MaticLaunch is set for 08:30 UTC tomorrow, 10th March.
Get ready! ⚡️
🚨 We’re happy to announce that our IDO on MaticLaunch is set for 08:30 UTC tomorrow, 10th March.
Get ready! ⚡️
📣 Winners: Community Participation Competition- Week 6⚡️
For week 6, we are giving out $1000 worth of tokens to 10 active members on TG & Twitter ❗️
Here are the most active and positive contributors/members of the AssetFi community from last week.
1. @IsaacJohn990
2. @JoshBellz
3. @zjohnloe
4. @ayoooomide
5. @Iron_crypt
See winners from Twitter;
https://twitter.com/assetfi/status/1499395835171278855?s=21
Congratulations guys! Each of you will be rewarded with $100 worth of AFI tokens. Send your BEP20 wallet address to @sandxxxr indicating the week and Twitter handle
Keep the fire 🔥🚀🚀🚀
Congratulations! 🎊
📣 Winners: Community Participation Competition- Week 5⚡️
For week 5, we are giving out $1000 worth of tokens to 10 active members on TG & Twitter ❗️
Here are the most active and positive contributors/members of the AssetFi community from last week.
1) @Ayoooomide
2) @dark_philosofa
3) @Domi_lanre
4) @Christianscene
5) @johnleo
See winners from Twitter;
https://twitter.com/assetfi/status/1497205777831972864?s=21
Congratulations guys! Each of you will be rewarded with $100 worth of AFI tokens. Send your BEP20 wallet address to @sandxxxr indicating the week and Twitter handle🚀
Keep spreading the word because AssetFi 🚀🚀🚀
Congratulations! 🎊
📣 Winners: Community Participation Competition- Week 4⚡️
For week 4, we are giving out $1000 worth of tokens for 10 active members on TG❗️
Here are the most active and positive contributors/members of the AssetFi community from last week.
1) @zjohnloe
2) @dark_philosofa
3) @Johnson78m
4) @Christianscene
5) @isaacjohn990
6) @ayoooomide
7) @Edizzy0
8) @JoshBellz
9) @aayangunna
10) @RoselineGrey007
Congratulations guys! Each of you will be rewarded with $100 worth of AFI tokens. Send your BEP20 wallet address to @sandxxxr. 🚀
PS: Next week, winners will be equally picked from both Telegram and Twitter in a 50:50 ratio.
Congratulations! 🎊
🚨 Poll Ended!
Exactly 12 hours ago the poll to determine the community’s decision was started.
The poll was scheduled to run for 6 hours, however, to allow for a fairer and more accurate representation because of timezone differences, the poll was extended by another 6 hours.
We thank everyone for their participation. As already stated, we will absolutely submit to what the community has decided.
More updates to follow soon.
All the love,
AssetFi Team. ❤️
