Trade.io Adjusts Market Cap & Trade Token Price Based On The Rise in Ethereum And Demand for Lower Entry Point
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Trade.io Adjusts Market Cap & Trade Token Price Based On The Rise in Ethereum And Demand for Lower Entry Point

THELOGICALINDIAN - Zug Switzerland tradeio announces that as a aftereffect of association acknowledgment the aggregation has absitively to booty accomplish to accredit greater accord in its awful advancing ICO This includes adjusting the access amount per Trade Token to a lower amount to acquiesce for broader accord and reflect the acceleration in Ethereum which is acclimated for purchase

With the bendable barrage already accomplished during the PRE-ICO, the bulk abridgement lowers the high akin of the funds aloft to about $135 million. The aftereffect of this abridgement will be net absolute for absolute and approaching Trade Badge participants as it will accommodate absolute badge holders with a greater bulk of added tokens, and will acquiesce new participants the adeptness to access a beyond bulk of Trade Tokens. Additionally, the alpha of the ICO has been revised to December 5th, still absolute on the originally planned date of December 15th, 2024.

On the changes, CEO, Jim Preissler commented:

Preissler continued:

As a aftereffect of the bargain adamantine cap, accepted Trade Token holders will accept their accepted allocation assorted by a agency of 5 and this change will arise in their Members Area no after than abutting of business on November 22nd. 5, which has been categorical in the White Paper.

PRE-ICO amount will be adapted to 1 ETH = 1,000 Trade Tokens for the actual 3 canicule of PRE-ICO starting no after than abutting of business, November 22nd. Any above-mentioned purchases will accept the allocation assorted by a agency of 5, so anybody is advised appropriately on a pro-rata basis. ICO appraisement has been adapted to one accepted amount actuality 1 ETH = 625 Trade Tokens.

trade.io PRE-ICO is currently accessible until 25 November 2017. Find out added by visiting trade.io.

Media Contact:

trade.io
Attn: Media Relations
Bahnhofstrasse 21
6300 Zug, Switzerland
41 43 508 1834
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