Better safe than sorry: Why we are delaying our Pre-ICO

Our third-party payment systems aren’t playing nice, and that’s a bummer. We were all excited about opening our Pre-ICO Sale today (May 1) and making SPOT available to our community, but we can’t just yet.

More accurately, we don’t think we should. While running tests, we’ve come across some vulnerabilities in our third-party payment processing systems. It may be overly cautious, but we cannot and will not take chances with people’s money.

It’s a good reason, but still. It feels like we’ve rented out a cool club for a great party, we’ve sent out invitations, people are showing up, but the lights don’t switch on. And not in a “let’s have an awesome candle-lit night” kind of way. More of a “why doesn’t the toilet flush?” kind of way.

Of course, everyone wants to know when we’ve fixed this. We do, too. We’ll tell you when we know. It shouldn’t take long, probably just a few days, but we’re not committing to a date at this point. We don’t want to disappoint our community again, so we’ll make sure to be ready when we say we’ll be ready.

Hang in there.

Being safe is an important part of making digital currencies work for everyone. So we commit to it. We’ll bring you better news next time.