Mossland ICO Date Change and Important UpdatesDear Mossland Supporters,
Our team together with our world-class advisors is constantly working on making Mossland better for everyone. Lately we have been joined by Vitaly Tkach, Creative Director of Wargaming and Jason Han, the future CEO of Kakao Blockchain.
As we have received an overwhelming interest in Mossland from all over the world, we decided to give an opportunity for more people to participate in the project.
The changes include: modification in the Public ICO quantity, individual cap, lock-up policy, and the main ICO date.
Please find the details below.
1. Changes to Coin DistributionPast: 45% of total issued coin is distributed to general purchasers
Now: 25% of total issued coin is distributed to general purchasers and 20% to strategic fund partners.
We are currently discussing strategic partnerships with leading blockchain partners for long-term reliable relationships. More details of this will be announced shortly.
2. Changes to Individual CapPast: A minimum purchase of 0.1 ETH without a maximum purchase.
Now: A minimum purchase of 0.1 ETH to maximum purchase of 10 ETH.
As the total number of participants increases, the number of high-volume participants increases as well. To ensure a fair chance to all participants, we have set the individual cap to 10 ETH.
3. Changes to Lock-up PolicyPast: Before today, there was only lock-up for advisors and team members.
Now: We believe that following changes in the lock-up policy will ensure the interests of all participants. Team Members and Advisors will have the longest lock-up period by default.
Please note that participated Moss Coin and Moss Coin earned as a bonus have different lock-up periods.
There is no limit to lock-up period for those of who participated less than 250,000 MOC. However, the amount issued as a bonus will be locked-up for a certain period of time.
The locked-up amount will be distributed every 30 days, and sequentially according to the lock-up period.
For example, if your original participation is more than 300,000 MOC, the basic volume will be released every 30 days with the amount of 100,000 MOC, 33% of the total amount.
Personal details will be available on Mossland dashboard after logging in to account, which will be updated shortly.
4. Changes to Main Public ICO DateDue to the above variables the ICO date has been moved to March 21, 2018 (21.03.2018).
Past schedule: March 12, 1:00 p.m. ~ April 9, 1:00 p.m.(UTC)
New schedule: March 21, 1:00 p.m. ~ April 18, 1:00 p.m.(UTC)
We strongly believe these changes will further enrich the Moss Coin ecosystem, enhance the sustainability of the project, and greatly minimize potential risk in the market.
We truly appreciate your continued interest and support to Mossland, and we will do our best to satisfy the expectations of our supporters.
Sincerely,
Team Mossland
https://moss.land/