The Electroneum team have reconfirmed that there is going to be a hard cap at $40m US dollars.
Therefore the token sale will almost certainly be closing early, as soon as the value of the Bitcoin and Ethereum raised by the sale of Electroneum exceeds $40m US Dollars.
The value is currently approximately $37m US, as at 9.00 BST
The rationale behind this decision is as follows
To prevent early access to Electroneum purchases. Electroneum has built an incredible momentum in the market. Clearly it is important this continues past the token sale, and into the exchanges upon listing. The management team believe this will pivot into further excitement for the app and for mass user adoption of Electroneum.
The exchanges are likely to list Electroneum quickly, due to pent up demand, which will equate to transactions and new users for the exchange(s) that list Electroneum.
As soon as the $40m US goal is reached we will close the ability to make purchases via the Electroneum token sale manager and make an announcement on Telegram, Facebook, Twitter and the Electroneum website.
The clock is ticking ==> https://my.electroneum.com/join/4AB868
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We have the authority to repost and highlight in the exact same words, what has been passed on to us by the admins of the Electroneum project. This is not plagiarism, for I have the original source directly underneath, which is the company itself. The problem with bots, is that it can’t read pictures. So yes, there will Be material exactly like this somewhere else on the Internet. The problem with humans, is we don’t read pictures either. So to cover my ass so to speak, I added the original source with my post. Thank you for keeping the ecosystem in check on Steemit. I’m sure there are others that are actually trying to beat the system out there. Keep up the great work!
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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.youtube.com/watch?v=4nXh4SiBD38
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