Po.et ICO sold out after a lot of issuessteemCreated with Sketch.

in #poet7 years ago (edited)

Po.et ICO was an interesting ride. The team wanted to prepare an ICO where everybody could invest, issued "invite codes" and partnered with Zerion to do precisely that. But it backfired.

Sale opened today at 8:08 EST and right from the beginning most people could not access the site. It was not prepared to handle the volume, so they took the decision, on the spot, to postpone the sale 12 hours and use the time to sort them out.

At 20:08 EST the portal opened again, still with a lot of issues for several people. I finally could got in (a couple of hours later) and paticipate, just before it was sold out.

For those that are not aware, Po.et (acronym of Proof of Existence) is a shared, universal ledger designed to track ownership and attribution for the world's digital creative assets. Interesting project and experienced team.

Since I am in, I wish obviously for this initiative to flourish.

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