FINOM alters token sale terms after ICO, starts second round without consultation from investors
https://finom.io/ico/?utm_source=telegrameng&utm_content=stagetwoThe FIN token sale is over now, and we would like to thank all of you who trusted our project out of the gate and to tell what we achieved for now and how the project will progress further.
Results
With your support, we raised more than $41 million. $34 million was invested during the presale stage. In total, more than 7,000 investors took part in the campaign. We already started to design the services declared in the roadmap, so some of them will become available very soon. Beyond that, while working on the project, we realized that the role of tokens in the platform ecosystem contains much more opportunities than we could have imagined at the beginning.
The future of NOM
Exploring NOM applicability (the utility token you received as a bonus when purchasing the FIN security token), we discovered that the more frequently and complete the token works in the business ecosystem, the more services and transactions it serves, the greater profit it brings.
We arrived at a conclusion that our token should be more relevant and valuable, and for this purpose, it has to be enriched with a new meaning. For a highest possible efficiency, it should become a fuel for the whole ecosystem, and serve not only as a discount or a bonus tool for some certain services but also as a full-featured payment method within the platform. To implement this, the following important steps must be taken:
an additional NOM utility tokens emission
attracting more private and individual investors from the crypto community, the audience our ecosystem embraces
the initial purchase price reduction in order to make the token more usable as a payment tool available even for small transactions.
In addition, the development and integration of all services require more investment amount than it was calculated at the project’s start.
New crowdsale
To implement all these plans, we start a new token distribution campaign dedicated to NOM utility tokens only. It will begin on February 1, 2018, and will last until March 3, 2018.
Before it starts, we will summarize the previous campaign results entirely and negotiate with a number of key crypto exchanges about the tokens placement: the NOM token will be available there no later than on March 15, 2018. In addition, the token economy will be totally revised, as well as the WhitePaper and the platform architecture. We will start a long-expected bounty program and create video content explaining the new ecosystem scheme.
Your bonuses
You have given us a great credence at the very beginning of the project, therefore, we offer you the benefits for a new stage of the token sale. First, in the short term, all first-stage investors will be credited with additional NOM tokens. You will see them soon in your account.
In addition, we offer you the special discounts for NOM tokens to purchase. All the details will be available in an updated whitepaper, which we are going to publish on our website before the second stage start.
We make no doubt that together we will build a more efficient project architecture that will ensure the synergistic and sustainable growth of both tokens prices.
Yours faithfully,
FINOM team