E-mail sent this morning by Helie d’Hautefort, CEO of Globcoin:
We listened intently to the thousands of voices forming part of our growing community and are in the process of revising our token sale structure, the particulars of which are enclosed. We appreciate your comments, reviews and participation which is essential to our mission: bringing tokenised currency baskets to the world.
Our mission is to disrupt multi-trillion dollar markets and create new economies on global scale.
The economics behind the Globcoin, GCP and GLX are unique and so is the disruption it will bring to currency markets. Therefore, we designed a token sale that incorporates a method of participation that is appropriate for the context.
Wwe had over 1000+ register on the whitelist with the intent to participate in our token sale since the start of the process. We have also been able to raise $1.5m USD in private placement.
This shows there is a strong demand and need for our product in the crypto world.
The only way to revise the sale period with an ERC20 token, is to close the current sale and open a new sale. We will open a new sale period from 12th February — 29 March 2018.
The hard cap will be determined in ETH terms at the deployment of the Smart Contract according to prevailing market conditions at the level of $12m USD. The soft cap has been already raised by private placement.
We can confirm the new token price will be 10,000 GCP per 1 ETH.
If you have already participated in the ICO, you will receive a follow up email shortly. We thank you for your support and patience.
Topic: GLOBCOIN announces new token sale for February (Read 120 times)
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