Information about pre-ICO conditions, terms and dates
To all CREDITS’ community:
We’ve decided to slightly alter the model of our pre-ICO. We are extending pre-ICO a little so more investors could participate at this stage and the project could raise more money now, but the bonuses in main ICO will be minimized. This model is better for the project. We did not finish many negotiations with investors due to reasons described below:
1. The latest technical problems in the Ethereum network
2. Increased price of Ether which confuses many investors about the impact of the Ether’s price for ICO
3. Numerous requests from our investors to prolong our pre-ICO
It was decided to extend the pre-ICO round until December 31.
The increased price of Ether will not affect the overall cap of the project because the cap is in USD.
Our hard cap for pre-ICO is fixed in USD and will be $3 mln. The soft cap is $1,5 mln. Our hard cap for ICO is also fixed at $20 mln.
A working Alpha version will be released before the start of ICO in January 2018, and therefore ICO bonuses will be significantly reduced or canceled.
Next week we will publish information about Ether spendings on our project during the last 2 months.