The ICO of SwissRealCoin was postponed and pushed back to the end of 2018 in June 2018 due to a lack of regulatory compliance. In the last couple of months, however, the progress of SwissRealCoin towards a successful ICO launch has stagnated. No clear guideline or roadmap has been given as to when and how the ICO process will be continued.
The contractual re-evaluation period with Alethena has not been renewed and thus Alethena will stop tracking and conducting further due diligence services for, with, and about SwissRealCoin. Their current aim of conducting a fully compliant ICO in Q4 2018 has not been verified and full legal compliance has likely still not been established yet. All investors who have participated in the pre-sale during Q1/Q2 2018 have had their investment successfully refunded. This concluding remark does not imply any endorsement nor disapproval of the SwissRealCoin project but represents the facts on the day this message has been written. Any further events that could impact the rating of SwissRealCoin will not be reflected by Alethena in the future.