Bitcoin Forum

So just when only 5 hrs and some few mins were left for the distribution of Ubex tokens, The CEO of ubex (Artem Chestnov) announced something that shocked the investor. They decided to extend the token sale period till 30 September or until they reach the hard cap which was extended from 24000ETH to 28000ETH means more 4000ETH. The reason as to why they did it is because the price of the Ethereum fell by double of what it was at beginning of the token sale.



So don't you think it's very unprofessional to announce this just before the token sale is about to end?

I think, they have thought about this well, the price of ethereum is currently down. so be patient

I believe this kind of thing happened a lot with ICO, and I think it is normal,
UBEX see that the demand of their token is huge, and the price of crypto is in down trend, so they decided to extend the hope that more investor will be attracted and they will get more money to develop their project. This will be good for the project, moreover if after this extension, UBEX will reach hardcap.

It's a scam and it looks so patethic. this was completely a greedy scam ico. I would say that doesn't make sense to see that needs or extended the finished ico. This was a joke by those ubex scammers.
They are greedy as fuck and incompetence person.