Important Update: Mozik IDO Postponed due to Volatile Market Conditions
We are all certainly aware of the recent volatile market conditions. Even though we all know this is only a blip and things will come back up again. But we still need to consider the status of the current market condition and the impact it will have on our upcoming IDO.
We have consulted with our advisors and partners, and after long careful consideration, we’ve decided to postpone our IDO in light of the ongoing market conditions for somewhere between 2 to 5 weeks.
The decision to postpone is in our community’s best interests. What it will do is give the market time to stabilize again and allow the mood of the market to recover. Therefore when we launch our IDO, it will have the greatest chance of success.
When will we announce the new IDO date?
The IDO on Ignition and BSCpad will be deferred until further notice. No firm date can be announced at this time. Our team will keep a close eye on market movements and announce a date for the IDO accordingly. In the meanwhile, stay tuned on our Twitter and Telegram for the latest updates.
The Mozik whitelist on Ignition is closed and all winners have been chosen. Those winners who have received their golden ticket will still be eligible to participate in the Mozik IDO on the future IDO date. Ignition KYC for Mozik winners will remain open until the new IDO date.
The BSCpad whitelist will remain OPEN until the new IDO date: https://bscpad.wufoo.com/forms/r112vxze0q7fhxc/
Mozik is a decentralized music NFT platform aiming to build a healthier and fairer music ecosystem. Through the decentralized NFT platform, Mozik adopts blockchain technology to register earnings through music copyright, super-star IP, and IP derivatives on-chain. All the participants in the music ecosystem, including creators, publishers, customers, and fans can fairly participate. Through Mozik’s platform, artists will be incentivized to create more and better quality music. With lowered publishing cost and higher engagement from music fans, all participants can share in the rewards, and create a healthier and fairer music ecosystem.