GREAT NEWS: we established a partnership with Quark Finance (quarkfinance.com) to finance our Warehousing facility. This means that we no longer need to raise $41.4 mill USD (the warehouse facility alone was $26.3 mill) so our hard cap will be reduced to $15.1 mill
This will bring several advantages to the project, namely:
1. Easier for the TMT to be listed on more exchanges.
2. The TMT ICO price will now be $0.055 USD (previously $0.15 USD).
3. The people who already contributed will now have 2.727x more TMT.
We are now closer to reach the hard cap and with the price of ADA, ETH and BTC picking up we foresee a lot more contributions until the end of the ICO
A really great news indeed! This update could captivate a lot if investors because the Traxia project gains a big partnership on their warehousing facility. Hoping that in the near future they can accumulate more and more partnerships on Traxia.