News

A New Board – A New Direction

Dear FirstCoin Club member,

We would like to extend a huge thank you to those of you who attended this week’s webinar where we were joined live by the company’s CEO, Josip Bosnic and the new FirstCoin management board. For the first time we had over 600 join us on Monday. Thank you!

We’ve also received numerous requests to summarize some of the highlights of the announcements which you can see below.

A New Board – A New Direction
During the call FirstCoin CEO, Josip Bosnic introduced three new board members to FirstCoin management.

Dr Ghefari Dulapandan was unveiled as the new Chief Investment Officer.
He is a Serial Entrepreneur and has been an Advisor to Royal Family Members in the Middles East for the last 6 years. He also sits on the advisory board of Communities Without Boundaries, a NGO linked to the White House, and is a trustee of the Bantuan Foundation, a charity registered in the UK helping the less fortunate and orphans.

Andras Szekely was announced as the new Chief Technical Officer.
Andras has been interested in IT technology since his childhood. He has managed over 100 IT projects in his career across the globe, including building the IT system for the Hungarian National Television for Olympics Games for 2000 in Sydney. More importantly, since beginning of 2017 he has shown a strong interest and involvement in different kinds of crypto currencies, gathering experience in areas from mining to the latest blockchain technology.

Finally, it was announced that our new Chief Marketing Officer will be Adrian Maximilian Necsoiu.
He comes with 10 years experience in multinational companies and with a strong background in sales and marketing projects.

One of the first tasks of the new management team will be to ensure that the backlog of customer service issues and open tickets would be cleared in the next week together with ensuring that the security of the system is upgraded to ensure the smooth transfer of coins from the exchanges to the club wallets.

In addition, many other positive changes were announced, including the much anticipated move to the FullCoin exchange, which is now expected to be completed by the first week in March.

To help with the transition, several upgrades to the IT infrastructure are to be completed and this will involve periods of scheduled maintenance and also a period where payout requests will be temporarily suspended until the end of February. Furthermore please note that all Binary, Direct and Mining reward bonuses for the month of February will be calculated and deposited in your accounts collectively on the 1st of March due to security upgrades being carried out on the network. All Bonus payments should return to normal following these major changes being implemented.

We appreciate your support and understanding and please accept our sincere apologies for any inconvenience this may cause.

More good news is that the 7.5% fees for withdrawals of coins from the club will be eliminated and replaced with a modest 1% in line with many of the global exchanges. This will come into effect with the integration of the Fullcoin exchange.
We are sure you will agree that things are heading in a great new direction as we enter a very exciting phase which will hugely benefit our community and we thank you all once again for your continued support and patience as we pave the way for FirstCoin to become a top 20 coin in the Cryptosphere!

The future is bright. The future is FirstCoin.

Sincerely,
FirstCoin Club