News

Milestone Two Results

News

Milestone Two Results

Business

July 26, 2018

Thank you to everyone who participated in our second milestone voting between July 10 and 24, 2018. The modum team is pleased to announce an overwhelmingly positive vote.

The purpose of Milestone Two was to determine if Modum had ensured the go-to-market of its first product line through the mass production of our dedicated sensor ecosystem, and integrated two environmental sensors and two blockchains. 

Please read our complete assessment report for more details.  

Milestone Two received an overwhelmingly positive vote with a 93.8% "yes", indicating agreement that we have met the three objectives laid out for Milestone Two. Voting participation was 3.8%, totalling just over 700,000 votes submitted.

The successful voting means that 3,000,000 tokens have been released to a wallet controlled by Modum for distribution to shareholders.

Modum is very excited to have successfully reached our second milestone and the team is already preparing for the third! To learn more about upcoming milestones please read page 13 of our whitepaper.