Octra Labs co-founder: The ICO will not be cancelled; instead, all unsold tokens will be withdrawn from circulation.

According to ChainCatcher, Octra Labs co-founders, citing information related to "Fago canceling its pre-sale," stated: "Octra Labs will not cancel the ICO; instead, it will remove all unsold tokens from circulation, even if none were sold."

The team stated that ten years from now, the initial valuation of an ICO will no longer matter. What truly matters is decentralizing the tokens and distributing them to more users, rather than catering to institutions seeking better entry points.