As of 15 November 2020 The Failing of our ICO, Results and The Future of the Token and Project

Official Declaration from Devil´s Dragon (DDGN) Team:

0.503 Ethereum, just a bit over of half of the Ethereum, is all we have got with only 1 person´s contribution into whole 55% of the big sale.

This is the summary and result of our Sale. 503 DDGN sold.

First thing, we sent the bonus amount to this person as 65% (maximum level) with our thanks (327 extra DDGN sent).

Second thing, as we promised, the rest of the unsold tokens, which is (55% of Total Supply (99 000 000): MINUS 503 MINUS 327 = 98 999 170

Equals to: 98 999 170 DDGN

Burned by Sending to: 0x000000000000000000000000000000000000dead

Done.

Nobody or company, promised and reserved from Presale bought any DDGN in Sale.

We had 7.1 Ethereum from Presale which was used in marketing purposes for listing our token and ICO, the rest and all, everybody who worked in marketing and or other areas from outside in this project got paid, mainly from our own pockets and we paid and pay all office and other costs from our own funds.

We have done as we might and could. Everything.. and because of this and that reason or a combination of reasons we failed.

Our token was and is live and can be spent on many sites. We have made through these sale months, even new partnerships and added new sites into the list. Our CDCFN which was and is a unique idea and implementation was 99% ready and even we had accepted first members and feedback was always wonderful about it. We hired new people to work with us to help reaching more people, companies and investors. Nothing could bring any success as we see.

Bounty, Telegram Group, Reddit, Twitter.. nothing brought us any investors into this sale, except that 1 and only 1 person who invested 0.5 Ethereum (and before that 0.03 Ethereum, we guess just for testing).

We have our Bounty List and Excel File, all DDGN to be sent to respective owners are already arranged but under these conditions what we have at hand cannot even compensate the transaction fees. So that, we will delay the transfers for a while and try to keep the project live and re-shaped in another way – We consider:

  • We will convert our token into a BEP20 Token from ERC20 and we will use it under Binance Smart Chain, instead of Ethereum
  • The Smart Contract will stay live and anyone who wants to have DDGN could and may send Ethereum to it to get back DDGN as rate of 1:1000 (1 ETH = 1000 DDGN) but when we will be done with the Swap we will cancel it.
  • In the swap all will stay the same, all proportions, what was burned would stay burned, too, but it will give our hands more ability to do whatever we want to do, more faster as on BSC everything is more smoother, faster and much more economical to do.
  • After the Swap our plan is sending all tokens to respective owners in BOUNTY and Airdrop Programs, too
  • Although we have invested more than 100K USD+ into EthPimp for making it alive we see less and less movement and even no action of buying / selling any artist rights and or clips there and again under such conditions we have seen that it would be unnecessary to invest in it more funds from our pocket to keep it live.
  • We also consider IEO option

For any listing on any Exchange, we need to pay Listing Fee(s) plus provide Liquidity and both are (needed) not possible for us, for now as our sale was / is failed in this way.

We are here and nobody´s leaving the team. Our token is live and accepted on partner sites, too. There is only a bit delay on bounty distribution as we will change the token core system and we will try to bring our side projects and ecosystem with new additions like DE-FI products by our own funds but it will take more time than we had planned before our ICO.

We apologize and are deeply sorry for this situation that we imagined and planned, took all the necessary steps and did whatever we could, even majority of the times by pushing our limits in all the ways to make this sale a success to get listed on exchanges and then to make DDGN a success in financial way, too. However, it seems, until now, whatever we did was not enough.

We continue our journey and will try to find new ways to accomplish our goals, complete our projects by our own resources. Still, if you are interested in anyways to support and or be a part of anything we are into, write to us: contact@devilsdragon.com

Thank you for being supportive and in this journey being with us. Your help and understanding also support was and is always appreciated much. We will announce the future updates and steps whenever we take them soon, here, on our blog only.

Devil´s Dragon Team

15 November 2020