[SIZE=6]Electroneum Token Sale Closing Early…[/SIZE]
Hi Everyone!
We’ve nearly reached the $40m US dollars that we aimed to reach. We have raised $38m as of 16:00 BST. We have had over a quarter of a million users join the Electroneum Token Sale! It must be one of the largest tokens sales by user number in history - if not THE biggest. Bancor raised 140m+ on just 10,000 contributors. Tezos raised $240m on 22,000 contributors. We have more than 110,000 contributors who’ve made over 160,000 transactions from over 250,000 users who have registered on the token sale manager.
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 rationale behind this decision is as follows
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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.
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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.
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It gives a clear signal to the market that the team are focused on the long term goals and success of Electroneum and not the proceeds of the token sale.
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.
We will, of course, follow up with interviews and press releases to the financial and disruptive press.
We’d like to thank everybody who has contributed to the Electroneum Crowd Sale (token sale) and we look forward to moving on to phase 2 and the launch of the full app on November 1st 2017.
If you still want a chance to buy some Electroneum you have a very limited time left. Visit https://my.electroneum.com to make your purchase.
Remember that once we get Electroneum listed on Exchanges, you will be able to make purchases there. Electroneum Ltd will never sell Electroneum coins again once we reach our hard cap goal. The entire market will consist of trading with existing Electroneum owners.
Our Telegram group is now over 14800 members, again one of the biggest (if not the biggest) in token sale history! If you are not already our Telegram group chat - install the free Telegram app on your phone and join the Electroneum group - you’ll find a likeminded audience of literally thousands of friendly, helpful, Electroneum fans, eager to help and chat about cryptocurrencies, life, the universe and EVERYTHING!
Have great day everyone!
Richard Ells
Founder of Electroneum
[email protected]
PS - Please remember buying into a cryptocurrency is not a guarantee of returns. My own opinions of where we can take Electroneum could be wrong. You should not purchase more than you could afford to lose. We have a working product and are raising money to market this to a huge audience. Please ensure you do your due diligence, check out me and the team, what we’ve done before and who’s behind the project, and only purchase ETN if you are comfortable with the risk.