Dear 3DPass Community,
We wanted to give you all a quick update on the private sale for the 3DPass project. Due to the strong demand for the 3DPass coin on the open market and the current higher price compared to the private sale, we have decided to stop the private sale to the public. It's just not realistic to set a known price without impacting the open market. The current discount available on the private sale would only serve the few instead of the project.
In addition by stopping the private sale completely we will avoid having the same discussion in the future when the private sale price is exceeded by market rate.
While having strong and sincere discussion with the community over the Discord, together we concluded to turn the rest of the private sale budget into the public contribution budget, which will be spent over the Treasury in the best transparent way possible. Primarily, this will serve to incentivize the contribution efforts bringing essential value to 3DPass community (integrations, implementations, applications, etc).
We appreciate your support and look forward to continuing to work with you all to build a strong and vibrant community around our project. If you have any questions or concerns, please don't hesitate to reach out to us.
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