Mark The Date: IDO UPDATE

Paragen
1 min readFeb 22, 2022

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The IDO for Paragen has been moved to March 4th due to market conditions

We have had a slight update after a unanimous consensus amongst our investors and advisors to move the IDO date from February 25th to March 4th, 2022.

Why Change the Date?

Many factors have lead up to the change in date however the change is not big with only a week difference. This is due to the sudden change in market and market sentiment. The benefits of delaying would allow the team to prepare an aggressive marketing strategy leading upto the IDO on March 4th to better adapt to the current market conditions. This news also comes as our First IDO project has delayed also by one week. Therefore to stay inline with this we also delayed by one week.

Is the platform ready?

We are proud to announce the platform is fully functional, working and ready to deploy. We are currently working with a KYC firm to integrate their system into Paragen. This will allow the users the benefits of only performing KYC ONLY ONCE! Unlike other platforms where you must KYC prior to each IDO, we save you the trouble through this integration.

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