Elementh ICO starts at April 01

in #ico7 years ago

Dear friends,
we're glad to announce, that our pre-ICO round was successfully finished. We've collected 910 ETH. We really appreciate your support!
Our main goal is to make ICO as soon as possible. Right now we're discussing potential investments with 2 cryptofunds from Israel and Luxembourg. We need anchor investors.
We also plan roadshow at China and Korea in March.
We need to get big contributions in the first 2 days of ICO, that's why we've decided to move dates of our ICO round. Ico will start at 01 April 00:00 UTC and will continue till 1 May 00:00 UTC. In this case we have an opportunity to get enough commitments till March to get HardCap in the first day of ICO.
We are also going to open pre-fund smart contract in a few days, that will work this way:

  • all contributions to this smart contract will be refundable till the start of ICO
  • all collected funds at this smart contract will go to ICO smart contract at 01 April 00:00 UTC
    Imagine, that in 2 weeks we don't have the opportunity to get all hard cap. In this case we'll start ICO at 01 of March and it would continue slowly till 31th of March to reach some big amount. Psychologically people will see, that ICO is not so quick as others and can choose another ICOs to invest. It's the old scheme.
    Now we are going to change some rules. We collect funds from that moment (will start in a few days) to smart contract, like any other investors pools do. We collect funds to this smart contract and send them all in the first day to our ICO smart contract. People don't see this opportunity to contribute to the pool in public. They will see it only in their accounts after the registration. In any case it's like we create pool to invest it to our own ICO. What can we get here. Some scenarios:
  1. We collect <10 000 ETH, that means, that in our old scheme we'll didn't reach soft cap and we should make a refund. And now in new scheme we have 1 more month to reach it.
  2. We collect something like 10 000+ eth. We'll send them to our ICO in the first day and people will see, there are lots of funds going to ICO quickly. And that softcap is reached already. That can help them to decide to invest here.
  3. We collect 30 000 ETH during March may be even in the first dates of March. In this case we can stop collecting them, announce, that our hard cap closed and we don't need ICO anymore.
    In all these cases we get the same timeframe as in the old scheme except the first one, which is the worst one and we're sure it will not happen.
    P.S. All people investing in pre-fund smart contract will pay for the tokens ICO price: 1 EEE = 0,0002 ETH and will get bonus as if they invested in the first day of ICO (30% early birds bonus)

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63525.38
ETH 2645.15
USDT 1.00
SBD 2.76