If a soft cap was reached why did you extend token sale? Soft cap is a minimum that you decide enough to start project. Why not starting?
We are happy that the Soft-cap has been reached and want to give many thanks to the investors, supporters, bounty activists and many other people that helped the Xmoneta to get so far. We are working further, yet there are some changes that we would like to address with this post. For more information please fallow at
www.xmoneta.com and the official channels.
Global situation of the market crash turned dramatic for the ICO’s. The prices for BTC and ETH has dropped and after the market crash they are still not climbing back near close to the previous positions. Since the altcoin prices are hugely tied to these frontrunners the instability has hugely affected the altcoin market and especially the ICO’s. Inevitably that made an impact also on the buying power for our token as well. Nevertheless, the prices for the marketing are skyrocketing.
During this time there were only few projects that succeeded and probably a lot more of those that only pretended to be so. The media spawn negativity and many ongoing scam projects has made a damage on the growing industry as a while, where lucky were those that were too-big-to-fail. Like the Telegram, who had the opportunity to put the ads in all its ICO and crypto related groups. Off course it wasn’t easy even for them because of the government attacks.
Xmoneta didn’t had any near financial or technological capacity to do so as the big players. Our goal was never to aggregate billions or make some monopoly but to create a crypto messenger that would perfectly fit our needs as the users, that can become a product for social and business communication. And we are up to achieving that. We are working on MVP to best suit our user interests and to differentiate from many other projects.
Yet our token sales were not as we expected at the end of 2017. Only a small portion of the tokens dedicated to ICO has been sold out. Therefore, we thought about the following:
· We will continue the crowd-sale, otherwise there is no point of simply burning so many tokens.
· Current circulation of the tokens is too small to match the interests of some serious exchange, that would serve the interests of our investors.
· All the bounty activists will receive the tokens at the end of ICO.
Further we also about to change the pricing model from ETH based to $. We think that now it is the best option to relate it to FIAT even if the ETH is used in the process to power the smart contracts. Even if the prices get adjusted for ETH in long term it seems that it was never meant to be fixed. Honestly, this is being confusing even for the day traders. This works both ways because you can’t sell anything if the value of the currency might go up 40% next day or you can’t pay anyone if the value is dropping for some 40%. This just confronts the logic of the means of exchange. Here are the new changes and adjustments for Xmoneta:
Token sale Stage II
Start date: 01 th of Spetember 2018 (12:00 PM London Time, GMT-0)
End date: 31th of December 2018 (12:00 PM London Time, GMT-0)
Token prices $ / XMN :
01- 15 th september 0,01 $ = 1 XMN
16- 30 th september 0,02 $ = 1 XMN
01- 15 th october 0,03 $ = 1 XMN
16- 31 th october 0,04 $ = 1 XMN
01–15 th november 0,05 $ = 1 XMN
16- 30 th november 0,06 $ = 1 XMN
01–15 th december 0,07 $ = 1 XMN
16- 31 december 0,08 $ = 1 XMN
BONUS up to 30 %:
+ 5 % for purchase of 100 $
+ 10 % for purchase of 500 $
+ 20 % for purchase of 1500 $
+ 30 % for purchase of 3000 $
*If you invest 5000 $ or more, you will get extra bonuses and special treatment!
Xmoneta’s very own cryptocurrency spending card brings cryptocurrencies to offline use.First 500 cards are given to first 500 token sale contributors of at least 1000 $
JOIN TO CLOSED SALE AND GET EXTRA BONUSES
www.xmoneta.com
