Today Signal received fantastic news and is pleased to announce it to all of you. After meeting with several investors and advisors, and after some exciting additions to our team, Signal will now offer the 50,000,000 SGNL Tokens in two, two-week phases.
Phase 1, the Pre-Sale ICO will commence the regular date, September 28th, 2017 and continue until October 12th or when the hard cap of $750,000 USD is reached. Phase 2, the Initial Coin Offering will take place November 1st and continue until November 15th, or when the hard cap of 50,000,000 SGNL is reached.
This structure is necessary to ensure that the Signal project can thrive and flourish into the cryptocurrency intelligence platform that we envision. In order to guarantee that we can make constant optimizations to Signal’s algorithms, and give thousands of cryptocurrency traders the trading tool that they deserve, a two-phase structure is necessary. There were questions raised about minimum investment needed to develop the project fully. While we are developing the project regardless of investment, dividing the ICO into two phases allows Signal more time to reach a broader audience and put the entire digital currency world on notice about us. The additions to our team and these recent developments are fantastic news for those interested in the Signal platform, as we have now aligned ourselves with very experienced blockchain specialists who will take our project to the next level. To compensate for a changing structure, early participants who join the pre-sale will now earn DOUBLE SGNL TOKENS for their contributions. SGNL Tokens will be on sale for $0.25 USD each equivalent in ETH/BTC during week 1, and $0.40 USD week 2. The rest of the ICO structure is remaining exactly the same, with the same hard cap, soft cap, and conditions. The only change is that we are splitting the 50,000,000 SGNL being distributed, to be available in two phases.
SGNL Tokens will be available on exchanges before Phase 2 concludes.
I hope the new news will be good for the project , The idea of having 2 phase is now the new trend in ICOs so I think it will be good for the project any way the Ann thread is now updated with the new news .Still working on the whitepaper ... will be ready soon