Remember, almost all ICO projects, with rare exceptions, want to get our ETH and BTC under any pretexts, because well-fed uncles looking from the screen want to eat deliciously. I watched their project and did not find a serious team or something that would force me to invest money in them. This is my opinion, and let everyone explore on their own.
And what exactly bothers you? In any case, we can just watch the project from the side.
UPD on Project:
Our ICO is halfway to its finish. Results show proofs of our marketing concept as well as business model. For that, we are declaring to continue development and bring the product to the market.
Now we are ready to unveil our plans. To make the project even more attractive to existing as well as potential contributors we have decided to revisit our soft and hard caps. We have reviewed and maximally optimized all costs associated with the development and launch of the #Emphy ecosystem.
As a result, we came up with following changes:
➡Reduce Emphy Hard cap from 7,260,000 USD to 1,000,000 USD
➡Reduce Emphy Soft cap from 1,000,000 USD to 350,000 USD
➡Reduce the release of Emphy tokens from 100,000,000 EPY to 15,375,000 EPY
Considering these changes our SOFT CAP is 138,2% FUNDED and HARD CAP is 48,3% FUNDED.
Below you can see a comparison of new and old token distribution structures as well as a comparison between the crowdfunding structure.
All contributors, who have already participated in Emphy ICO purchased our tokens for $0.08.
❗All unsold tokens after the end of the ICO will be sent to the Emphy Marketing Fund.
1. All unsold tokens after the end of the ICO will be directed to a special wallet and will form a separate part of the marketing structure. This new structure is the Emphy Marketing Fund.
2. Tokens sent to the marketing fund will be frozen until March 15, 2018.
3. Since March 16th, 2018, the Emphy team, if necessary, can sell on the exchange every month up to 600,000 EPY from the marketing fund.
4. The sale price of the #EPY token from the marketing fund on the exchange cannot be less than $0.15.
5. The wallet addresses of marketing fund will be published on Facebook, Twitter and Telegram. Each contributor can verify that the Emphy team fulfills its obligations.
Big thanks for all who are supporting us!